What Is The Interesting Connection Between UEFA Champions League and Blockchain?
I still remember that in 2017 and 2018 year，there was a group of people in the currency circle shouting FIFA World Cup + Blockchain. Betting games are the easiest to land. When there are hot topics, they will appear on every public chain some quiz items.
Betting games is an indispensable item for every FIFA World Cup. It has reached a scale of trillions of dollars in the world, and every major event, betting users are constantly increasing.
So, what are the events that have passed the FIFA World Cup? What were the famous quiz projects at that time? How is it now?
At that time, the more famous projects were Gnosis, WICC, DPY, BOT and other projects. The projects focused on decentralized forecasting. However, there were still serious problems at the beginning and the products were more complex. When a large number of forecast events were created, the platform processing efficiency was very low. Even after the predicted event actually occurs, it will take a long time to arrive at the final result.
Gnosis is based on Ethereum and its product implementation is relatively slow. Oracle as a centralized service may also crash or be maliciously tampered with.
DPY is also based on the Ethereum platform, which can be said to integrate the advantages of domestic and foreign forecast markets. More practical applications, the main focus is the mobile type of social platform, but later on, it is also operated in a centralized way. Once the World Cup hotspot ends, DPY will disappear.
WICC’s false and exaggerated publicity at the time. As a blockchain product that focuses on sports quiz, WICC’s publicity and promotion did not start with the sports community, but put more energy on the exchange of players in the currency circle. on. Before the start of the World Cup, WICC began to aggressively promote World Cup betting related news, such as announcing the signing of Ronaldo as the WICC’s global image spokesperson.
In order to increase the price of the currency, the WICC team made a lot of false news. On Ronaldo’s own Twitter, we did not see any information related to WICC. On WICC’s official Weibo, the news about signing Ronaldo has also been deleted.
After the World Cup hot spots passed, WICC began to shift the center, focusing on the public chain, but users were the ones who suffered.
In 2018, because most people did not understand the blockchain, users encountered pitfalls in various projects. At that time, almost all predictive full-time centralized models were operated, which led to a series of problems. Now it is in UEFA Champion League, the blockchain has also been developed for three years. In the past three years, many projects have been zeroed out, but there are more new projects. However, decentralized forecasting projects have finally been perfectly implemented in terms of technology, which is also worthy of our cheers.
The development of the BSC smart chain has been extremely rapid this year. In just a few months, the users of the BSC smart chain have surpassed ETH. Among them, I discovered Chips, a prediction project that has been deeply cultivated for a long time.
Potatochips (CHIPS)is the world’s first decentralized sports guessing project, and the competition time is extended to 15 minutes before the end of the match (take football as an example). CHIPS makes all the quiz data available on the real-time chain through smart contracts to ensure that the odds are fully effective, and completely solve the situation that the dealer controls the odds in the traditional sports game quiz.
All operations are recorded on the chain, and rewards are distributed through smart contracts. The mechanism on CHIPS is also a major feature. Every bet exchange increases the liquidity of the pot and destroys it, so even if the user only buys CHIPS, Can get a lot of benefits, DEFI and predictive gameplay make CHIPS stand out among many sports projects this year.Current sports events are often NFT gameplay. In fact, this is just a card game. The continuous replication and micro-innovation can only achieve some results at the moment. However, in reality, there are a large number of NFT projects every day. The emergence of the hot spot has made the attention of the project gradually decreased, so CHIPS is worthy of attention.
The most characteristic of CHIPS is that bets are mining and the competition time is extended to 15 minutes before the end of the match, which will allow people who don’t understand the game to participate in it, and they can also get a lot of rewards. The game is not only It’s just a fan’s carnival, and beginners can participate in it as much as possible. CHIPS will make a huge contribution to sports events.
After that, I think CHIPS will shine in the future! This is a new promotion of sports events, and it is also the first real perfect fit between blockchain and sports.
