Ultimate Franchise Fantasy Sports (UFF Sports) is a sports-based nonfungible token (NFT) project built on the Zilliqa blockchain. It aims to put the entire sports world — past, present and future — on the blockchain as digital assets.
UFF Sports will provide a complex ecosystem for athletes to launch digital careers based on virtual versions of themselves as digital athlete NFTs. This will give athletes revenue-generating mechanisms and opportunities for fantasy sports and esports, crypto finance, gaming and the metaverse.
These features enable fans to interact, game and invest in their favorite athletes both now and in the future. Fans can also purchase and operate complex digital sports franchises that function similarly to real-world organizations.
“[Now that we are] together with our current partners at Zilliqa, our star athletes — the list is growing weekly — dedicated fans and investors, industry partners and now the Cudos blockchain, we believe we will be one of the strongest forces in sports globally,” a spokesperson said.
Cudos, a layer-1 (L1) blockchain and computing protocol, will provide the infrastructure for UFF Sports to build and connect to its vast global ecosystem of various projects, eventually creating collaborative networks of decentralized apps and metaverse worlds. The current agreement is for UFF Sports to utilize the Cudos decentralized computing network for reliable computing power, ensuring its ecosystem is safe from any central point-of-failure risks.
Additionally, the UFF Sports founders and other team members have investments in Cudos’ native token, CUDOS, and will run a dedicated node as a network validator.
Tony Charanduk, founder of UFF Sports, said, “The Cudos project is the perfect blockchain to assist UFF Sports with our entrance into this new and exciting space. Cudos provides decentralized computing and it is a strong up-and-coming blockchain with a truly amazing innovative team, which made our decision very easy. We are confident that our collaboration will give athletes from all sports, at all levels, an amazing opportunity to leverage metaverses and all things digital with their fans right beside them.”
Ethan Illingworth, head of the blockchain product at Cudos, said, “UFF Sports and Cudos are strong believers in bringing NFTs and the metaverse to fans across the world. This is a hugely significant partnership for Cudos, particularly in terms of user growth and network adoption. UFF Sports’ consumer focus is well-aligned with our vision, offering the potential for large-scale adoption of Cudos technology.”
Cudos is partnering with Tingo International Holdings to put Cudos’ monetization applications into 10 million smartphones globally. In the past, it has also partnered with LDN UTD and London mayor Sadiq Khan to promote health in gaming.
Project Artemis has also been announced, and Cudos will announce its mainnet launch coming up in January.
Additionally, Cudos is looking for data center and cloud service providers with global locations. Interested parties can find more information on the website.
About UFF Sports
UFF Sports is a sports-based NFT ecosystem that is bringing the entire sports world — every sport at every level: prospects, minor leagues, professionals and even retired legends — to the digital realm. It will empower athletes and their fans by leveraging digital careers in the UFF Sports global sports ecosystem.
About Cudos
The Cudos Network is an L1 blockchain and layer-2 (L2) computation and oracle network designed to ensure decentralized, permissionless access to high-performance computing at scale, enabling scaling of computing resources for nodes in the hundreds of thousands. Once bridged onto the Ethereum, Algorand, Polkadot and Cosmos networks, Cudos will enable scalable compute and L2 oracles on all of the bridged blockchains.
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