October 26, 2021

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Crypto-Tennis: Davis Cup Organisers Team Up With Blockchain Provider Chiliz to Launch Fan Tokens – Gadgets 360

Worldwide Tennis Federation and Davis Cup organisers Kosmos Tennis have agreed to pen an settlement .......

Worldwide Tennis Federation and Davis Cup organisers Kosmos Tennis have agreed to pen an settlement with blockchain supplier Chiliz to launch an official Davis Cup fan token on Socios.com — a platform acknowledged for launching fan tokens for soccer golf equipment. The fan token in question, named ‘$DAVIS Fan Token,’ will permit Adjust toers of The distinguished event An alternative To understand entry to A complete bunch of contests and work togetherive content material round A contest That is extensively likened to a World Cup, however for tennis.

As per a report by Nairametrics, these fan-particular engagement alternatives for $DAVIS Fan Token holders will embrace The prospect to have a say and a vote on Pretty A pair of initiatives by Collaborating in work togetherive polls Which will run on the Socios.com app. Socios.com as a platform boasts 1.2 million clients The world over and identifies itself as a direct-to-shopper platform that employs blockchain know-how To current the world’s main sporting organisations with the devices To work together with and monetise their international fanbases.

It is not clear but What quantity of tokens Shall be provided On the market And the method a lot every Shall be priced. What we do know although is that this yr’s version of the Davis Cup Finals will Happen from November 25 to December 5 with venues in three completely different cities — Madrid, Innsbruck, and Turin. Individuals will function 18 nations divided into six teams of three.

Kosmos Tennis CEO Enric Rojas defined, “The settlement with Socios.com and the launch of the Davis Tokens will permit us To reinformationrce the expertise of our Adjust toers So as that They will actually really feel An factor of the event. Fans play a factorary position in Davis and …….

Source: https://gadgets.ndtv.com/cryptocurrency/news/cryptocurrency-davis-cup-fan-tokens-chiliz-kosmos-itf-2575491