ICON is a public blockchain protocol that aims to connect all blockchains and communities with the latest interoperability tech. It offers a variety of use cases for its currency, ICX, including staking, network governance, collateralization on DeFi platforms, and more. ICON's Blockchain Transmission Protocol (BTP) enables cross-chain communication between smart contract-enabled blockchains. The platform also has a Contribution Proposal System (CPS), a decentralized grant program for teams building on the ICON blockchain. ICON supports wider adoption of interoperability standards in the industry by supporting other protocols such as IBC, Optimistic Rollups, and Zero Knowledge Proofs. Its smart contracts are written in Java, making it an ideal platform for Java developers looking to get into smart contract development.
Recent developments in the blockchain sports sector indicate a growing collaboration between key industry players. Sources report that Animoca Brands has joined forces with Chiliz Chain, stepping in as a new validator. This partnership is poised to enhance fan engagement and create monetized interactions within the sports domain, aligning with Chiliz's Sports Finance (SportFi) initiative. The strategic alliance aims to leverage blockchain innovation to revolutionize the way fans interact with their favorite sports entities. For further details on this collaboration, interested parties are directed to an official post on Chiliz's Medium page, where the company welcomes Animoca Brands into its SportFi ecosystem.
Chiliz Labs Accelerates SportFi Development with Integrations
