💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Betting Platform Chipz Launches NFT Marketplace Along With First Ambassador — UFC Champion Nick Diaz

Published 09/22/2021, 07:11 AM
Updated 09/22/2021, 07:30 AM
Betting Platform Chipz Launches NFT Marketplace Along With First Ambassador — UFC Champion Nick Diaz

  • Chipz launches its NFT marketplace.
  • They also announced their first major brand ambassador — UFC Champion Nick Diaz.
  • The platform will support NFL, NBA, cover video games, casino games, etc.

Gambling, as we know it, is being completely reinvented by the recent adoption of cryptocurrencies, as well as the blossoming DeFi (Decentralized Finance) sector. A surge in NFTs (Non-fungible Tokens), and the rise of esports in response to the pandemic, have enhanced growth even further.

With the development of decentralized smart contracts & oracles, sportsbooks are now able to aggregate real-life events for immutable verification and betting, whereas blockchain games have given a new lease of life to the industry.

Following these technological advancements, a surge of new gambling projects have emerged, many of them with their own utility cryptocurrency or token, claiming to bring new technology to the table. The que...

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.