Chiliz, a leading blockchain company in the sports and entertainment industry, has recently announced its collaboration with Crypto Blockchain Industries (CBI) to integrate the Chiliz Chain into Football at AlphaVerse (FAV), a 3D virtual world dedicated to football. This partnership has the potential to revolutionize the way football fans engage with the sport and create unique digital experiences for fans worldwide.
CBI, a France-based company, is developing AlphaVerse, a virtual world that promises to be a hub of multiple universes and entertainment platforms. Scheduled for a launch later this year, AlphaVerse aims to provide users with immersive 3D experiences and interactive content access. The collaboration between Chiliz Labs and CBI is centered around Football at AlphaVerse (FAV), an interactive 3D entertainment space dedicated exclusively to football. FAV has already gained attention with official football club licenses, and clubs like Real Betis and São Paulo FC will be part of the FAV ecosystem.
The FAV platform, designed “By the players — For the players,” offers a multifaceted experience within the football-focused virtual world. Users can explore dedicated environments, interact with fellow fans, and access exclusive content. They can also engage in both solo and multiplayer mini-games and earn in-game rewards. The collect aspect allows users to collect non-fungible tokens (NFTs) representing events, stadium seats, and trophies, creating a tangible connection to their virtual experiences. Moreover, the earn component introduces an innovative dimension where players can earn tangible perks such as tickets, jerseys, or exclusive meet-and-greets by participating in in-game activities and acquiring NFTs, bridging the gap between the virtual and real worlds.
Integral to the FAV realm is the $FAV utility token, based on the Chiliz Chain. The maximum supply of this utility token is capped at 11 billion units, which will be incrementally available to FAV users, ensuring optimal distribution dynamics. This utility token will enhance the utility of Chiliz’s flagship fan engagement application, Socios.com, for Fan Token holders. Fan Token holders will have access to the FAV universe, where they can play games, acquire exclusive digital merchandise, and win coveted prizes. The $FAV tokens will also be linked to specific Fan Tokens, although specific details about this linkage are yet to be disclosed.
Apart from the collaboration with CBI, Chiliz has also announced that it will unveil various web3 sports projects in the coming months. These projects will encompass community platforms driven by rewards and engagement, social gaming environments, AI-powered content platforms, high-quality 3D digital sports collectibles, and NFT-based ticketing solutions.
Frédéric Chesnais, the visionary behind CBI and AlphaVerse, expressed his excitement about partnering with Chiliz Labs, stating that it was a logical step given Chiliz’s strong presence in the blockchain and football worlds. Chesnais believes that the integration of Chiliz Chain in AlphaVerse will contribute to creating a unique and immersive football experience for fans.
The partnership between Chiliz and CBI exemplifies the growing trend of integrating Web3 technologies with traditional entertainment sectors. By combining the innovative use of NFTs, virtual environments, and fan engagement, the FAV initiative reflects the broader movement towards a decentralized web. FAV provides a glimpse into how Web3 is reshaping the way fans interact with their favorite sports, allowing them to collect virtual and tangible rewards. This collaboration highlights the potential of NFTs not only as collectible items but also as keys that unlock new experiences within a digital metaverse.
With Chiliz’s expertise in blockchain technology and CBI’s vision for AlphaVerse, the future of virtual football experiences is set to expand. Football fans around the world can look forward to unprecedented levels of engagement and interaction within the digital realm. As giants like FC Barcelona and Manchester City have already embraced Chiliz’s Fan Token ecosystem, it is clear that the digital transformation of the sports industry is well underway.
