Cardano Teams Up With Esports Firm Rival

In a recent occasion, Cardano made some waves as soon as again with some big announcements, and an unique one in specific with esports that will shake up the quick growing NFT esports world. This year’s Cardano Summit just recently finished up, showing promising wish for Cardano and ADA as we head into the fourth quarter.

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September’s Cardano Top was filled with a lot of interesting news around clever agreements, NFT projects, and prepare for the months to come. We all understand how amazing it’s been to see the popularity of cryptocurrency in general, and particularly the current NFT (non-fungible token) buzz. During the top, Cardano hosted a remote video link and discussed the collaboration with a brand-new, growing gamer in the esports and video gaming world– Rival.

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The group at Cardano spoke on how they will establish agnostic NFT markets, fan benefits, and many other things to assist both Rival and their partners. The complete list of brand-new tactical collaborations can be discovered on the Cardano 2021 Top Structure page.

Cardano is helping Competing and other recognized partners by providing ways to create and distribute NFTs, as well as the redemption of NFTs for physical products, and marketplace-based royalties within the Rival platform. The Competing wheelhouse includes a strong and growing lineup, including the NFL’s Seattle Seahawks, NBA’s Detroit Pistons, and English Premier league clubs Aston Villa and Watford.

With growing engagement in sports, do not be surprised if more groups throughout all sports quickly join as this projects unfolds.

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In a declaration throughout the Top, Matt Virtue, CEO of Rival mentioned that the “collaboration with Cardano marks Rival’s entry into blockchain and is a significant action in our development as a business platform service to open the limitless potential in video gaming and esports. Competing’s integration with Cardano will help us optimize and customize the entire Competing experience– for both gamers and partners.”

< img src="https://bitcoinist.com/wp-content/uploads/2021/10/Screen-Shot-2021-10-03-at-8.42.57-PM-526x420.png" alt ="" width="581" height="464"/ > Latest rate action through Tradingview.com.|Source: ADA-USD on TradingView.com

As a growing number of clever agreements start to drop, we will learn in due time what this will provide for the world of gaming and esports; however we do understand this amazing news brings in many new concerns like what other groups will join this deal as the wave of esports continues? How will this impact popular professional athletes and big names? Or how will college professional athletes, with the new NCAA guidelines that enables gamers to be paid and profit off of their own popularity, look to get involved?

This news comes at the perfect time; as the NBA and NFL season start to happen, it only helps bring a look into what’s most likely the first of far more to come. As new games come out, and highlights ended up being NFTs, we can now enjoy esports and our favorite memories along with it. 2021 is filled with a lot great smart agreements in advancement, so keep your eyes and ears peeled.

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