Rarible integrated into Chiliz chain, paves way for next-gen NFT marketplaces

London, United Kingdom, Jan. 4, 2024, Chainwire

Chiliz, a blockchain provider for the sports and entertainment industry, is integrating Rarible, heralding a new era for NFT marketplaces and digital collectibles. 

Developers can now utilize the Rarible Protocol to create custom NFT marketplaces on the Chiliz Chain. This integration provides SportFi dapps, wallets, and marketplaces with real-time access to NFT ownership and provenance data, enhancing the overall user experience.

The Rarible Protocol, known for simplifying NFT interactions, offers features like enforced royalties, multi-chain aggregation, and fast indexing. Its blockchain-agnostic nature, coupled with the Multichain SDK, enables seamless querying, issuing, and trading of NFTs on the Chiliz Chain.

It also provides a wealth of NFT-related data, both on-chain (ownership, transactions) and off-chain (orders, bids, auctions), creating a comprehensive NFT ecosystem for IP owners and content creators to build their own custom marketplaces.

This integration prioritizes performance and cost-effectiveness, aligning with Chiliz’s vision for an efficient, user-friendly NFT experience.

Rarible’s commitment to low gas consumption and high-performance tools, including fee splitting and smart contract optimization, aims to reduce costs, making NFT transactions more accessible.

Already adopted by over 4,000 applications and governed by RARI holders and the delegate community, Rarible Protocol introduces front-end fees, providing new monetization avenues for creators. Combined with a robust, user-friendly tech stack, this integration enriches the Chiliz ecosystem with diverse NFT marketplaces and digital collectibles.

Chiliz Chain is rapidly becoming the hub for leading sports brands in web3, offering builders the opportunity to explore innovative ways to pioneer SportFi applications.

About Chiliz

Chiliz is the hub of SportFi, connecting sports brands with decentralized opportunities. Our foundation is the Chiliz Chain, the first layer-1 EVM compatible blockchain for sports and entertainment. Fueled by the Chiliz native token CHZ, our diverse ecosystem includes Socios.com, our primary product on the Chiliz Chain. Socios.com boasts a global community of over two million users, making it the largest non-finance/trading-centric web3 consumer-facing product globally by user base. With partnerships with 150+ brands, including major sports giants like FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, and F1 teams, we’re at the forefront of bringing sports and blockchain together.

Visit www.chiliz.com for more information.

About Rarible

Rarible is an NFT platform empowering both established and emerging brands and creators. Our suite of products, including a multi-chain aggregated NFT marketplace, a self-serve marketplace builder tool, and a white-glove service for custom marketplaces, supports brands and creators at every step of their NFT journey.

Contact

Dan Edelstein
pr@marketacross