An e-sports-focused site that uses blockchain protocol with next-generation technologies to eliminate manipulation of video views has launched non-fungible tokens (NFT).
Esports Fight Club, owned by Verasity, announced that the presented NFTs contain short videos that summarize the most important moments of posters, badges, weapons, mods and e-sports tournaments. All these contents were created using Verasity’s proprietary and patented Proof-of-View protocol, which aims to eliminate frauds in ecosystems where those who want to make money from video.
Each NFT on the platform is unique and users are verified through the PoV that these NFTs own. Thus, it gives users full control over unique tokens. It is possible for them to resell or issue these tokens at any time.
NFTs, along with many more new products, will soon be available on the Esports Fight Club Store.
According to Verasity, it is natural that Esports Fight Club is one of the prominent features of the NFTs, which are quite suitable for economy models built on the number of followers. Across the industry, these tokens can now be used to create cards for the best athletes and immortalize memorable moments at sporting events.
Verasity; It offers a dedicated video player that can track actual views as well as user intent and contextual data. As previously reported by Cointelegraph, the project is fighting against fake view counts. The protocol, called Proof-of-View, managed to get a patent from the US Patent and Trademark Office (# 1095693).
Through Esports Fight Club, professional broadcasters with a large fan base will be able to use this platform for data storage, consumption and designated NFTs with Verasity technology.
Increasing confidence in NFTs
Verasity executives believe that the Proof-of-View protocol could help eliminate some of the fraud cases seen in the NFT space today. This is a problem that prevents artists whose works have been exhibited on various platforms from taking their first steps into the crypto ecosystem. Some creators even claim that their work appears in the NFT markets without their consent.
Proof-of-View; a technology that can be applied to check the authenticity of digital collections and video content.
Data from users are hashed code in accordance with privacy regulations to verify their authenticity and recorded as a fingerprint placed on the blockchain.
Given that the popularity of NFTs is currently rising and sales are increasing as thousands of new investors flock to the field, it is hoped that Verasity’s approach will support authenticity, trust and absolute ownership. All of this will reveal many experiences that will benefit the passionate Esports Fight Club community.
Verasity is currently in talks with a major NFT auction platform to implement Proof-of-View technology as a standard protocol to validate the chain of authenticity of NFTs, which will benefit the entire industry.
E-sports and NFT: The core in the apple?
Experts in the esports industry believe NFTs can increase game monetization opportunities for both publishers and developers and change the way users interact with their favorite games. Thanks to NFTs, players will have the opportunity to own in-game assets that no one else has, create their own weapons, sell them to others, and transfer between games.
Until now, adoption of NFTs has been rather slow among mainstream game developers. However, there is optimism that this technology may herald a new era in the gaming industry. Just like e-sports, and the rise of publishing has provided new ways to access content and become part of the game on the global community of like-minded individuals.
Big gaming companies are planning to use NFTs as a new way to make money. Veracity; Esports Fight Club reiterates his view that the Proof-of-View protocol, which is included in the chain of ownership verification and registration on the blockchain, will become the industry standard of technology.
Esports Fight Club gives users the chance to participate in dozens of tournaments held for some of the most well-known games in the world. New features are also constantly being added to the site. It also offers the opportunity to come together in tournaments created for both amateur and professionals such as Valorant, PUBG, CS: GO and Free Fire.
The platform’s future plans include opening the game store with NFT, weapons and mods later this year.
Learn more about Verasity
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