News21 September 2021

Chipz launches an NFT Marketplace as it sets to become the first platform to offer DeFi solutions in gambling

Chipz launches an NFT Marketplace

Summary

  • Chipz NFT marketplace will go live on September 21
  • Chipz to introduce many projects at the launch
  • Nick Diaz to become the first major brand ambassador
  • Chipz uses Blockchain smart contracts for transparent dispersion of prize pools

The Chipz NFT marketplace is set to go live on September 21 as the platform seeks to tap into the billion-dollar market. Chipzdrive.io is one of the many projects that will be introduced at the launch. This is an NFT racing experience using wrapped Chipz tokens. Players will have a chance to buy limited-edition racing NFT cars, including F1 Racers, 4 Supercars, 5 street racers, and 12 Single Edition Vehicle NFTs.

Nick Diaz, renowned UFC legend, will become the first major brand ambassador for Chipz. The brand has continued to attract big names, including former NFL running back TJ Duckett, American businessman Jacob Busch, and DJ Letha member Limp Bizkit.

Chipz is a DeFi-based betting platform where users can become independent bookkeepers to take bets from other players on different sports using the Chipz ERC-20 native token, CHPZ.

Chipz uses Blockchain smart contracts for transparent dispersion of prize pools to winners at the end of every event. Through this functionality, betters can also rate the bookkeeper to keep them accountable. This platform is set to launch in the last quarter of 2021 with host bets for sports like NBA, esports, and NFL, and anything else players can bet on.

The launch of this platform will make Chipz the first platform to offer DeFi solutions in betting. Gamblers will be able to stake the CHPZ toke to earn yield based on the outcome of different games.

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