Cardano Foundation Partners With Rival To Develop NFT Marketplaces By CoinQuora
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Cardano Foundation partners with Rival to develop NFT marketplaces- Foundation partners with eSport and gaming platform — Rival.
- Cardano and Rival will now be able create and distribute NFTs through the partnership.
Cardano Foundation continues to push for the Cardano Blockchain’s adoption and use. Rival Games and the Swiss-leading non-profit organisation Cardano Foundation announced a partnership in a new partnership. Rival Games, a prominent eSports and Gaming brand offers unique platforms that allow loyal fans to engage.
The partnership will allow for the distribution and creation of NFTs as well as NFT-based digital assets. The partnership also allows for NFT redemptions to purchase goods or services. Rival Platform will allow for market-based royalties.
Jeremy Firster — Head of Partnership and Executive Officer at Cardano, invited CEO of Rival — Matt Virtue for a virtual discussion about the partnership. Matt speaks out about the new model for fan engagement.
Modern fans have shifted away from one-on-one experiences. Instead of consuming content in a single experience, they now prefer interactive mobile experiences.
The same goes for Rival gamers who enjoy Cardano’s and Blockchain technology. It is an enhanced experience. Hence, Rival’s 1.8 billion global users can buy NFTs and other digital assets authentically. These assets are expected to have a lot of future value.
Talking about Rival’s NFT-based games, Matt says that the solution Rival games hope to deliver to all its brands is a newly identified experience. This is an experience in a transaction that doesn’t quite exist today in the physical world. NFT campaigns can be launched by brands and organisations.
Rival has the ability to make a difference for its clients by using competitiveness, loyalty and social interaction. It is clear that this provides a more rewarding experience when redeeming.
NFT technology’s beauty is its ability to allow Rival players to purchase and acquire NFTs. They can also earn digital and physical rewards if they have proof of ownership.
Rival has reformed the process of bringing digital assets to the real world. The unique IP redemption process is how they do this. You can, for example, win a jersey and receive a physical one through the platform.
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