Esports site uses cutting-edge blockchain protocol to launch NFTs

An esports site has announced that it is launching non-fungible tokens that have been built using a cutting-edge, patented protocol. An esports-focused site that uses a cutting-edge blockchain protocol to eliminate manipulation in video views has now launched non-fungible tokens.

Esports Fight Club, which is owned by Verasity, says the NFTs on offer include posters, badges, weapons, mods and short videos that summarize top highlights from esports tournaments. All of them are built using Verasity’s proprietary and patented Proof-of-View protocol, which aims to eliminate fraud from the world of video monetization.

Each NFT found on the platform is unique, with ownership validated through PoV. This gives users full control over their non-fungible tokens — enabling them to resell or distribute them at will.

A natural progression

According to Verasity, it is natural for NFTs to be a prominent feature of Esports Fight Club, given how these digital assets are so well-suited to fan-based economies. Across the industry, these tokens are now being used to create trading cards of top athletes and commemorate memorable moments in sporting events.

Verasity offers a proprietary video player that can track genuine viewership levels, alongside user intent and contextual data. As previously reported by Cointelegraph, the project is engaged in a battle against fake views — and its Proof-of-View protocol has been rewarded with a patent from the U.S. Patent and Trademark Office (#1095693).

Through Esports Fight Club, a professional streamer with a large fan base would be able to use the platform — coupled with Verasity technology — for data storage, consumption and targeted NFTs.

Reference :

https://cointelegraph.com/news/esports-site-uses-cutting-edge-blockchain-protocol-to-launch-nfts

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Author: Priyanka

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