Quick take:
- The integration also enables SportFi dApps, wallets, and marketplaces to gain real-time access to NFT data.
- Users will also benefit from Rarible’s low gas fees and capitalise on the fee-splitting feature further driving costs down.
- Rarible’s blockchain-agnostic nature and the multi-chain SDK will allow developers to seamlessly query, issue, and trade NFTs on the Chiliz Chain.
Chiliz has announced the integration with Rarible Protocol to power a new era of NFT marketplaces and digital collectibles on Chiliz Chain. Developers will be able to create custom non-fungible token (NFT) marketplaces and the Chliz Chain.
According to the announcement, the integration also enables SportFi dApps, wallets, and marketplaces to gain real-time access to NFT data.
Rarible Protocol’s decentralised toolkit allows users to interact with multiple features including multi-chain aggregation, enforced NFT royalties, and fast-indexing. By leveraging Rarible’s Multichain SDK, developers will be able to seamlessly query, issue, and trade NFTs on the Chiliz Chain.
The protocol will also serve as an information resource for NFT-related data both on-chain (ownership and transactions) and off-chain (orders, bids, auctions).
The integration comes as most NFT platforms continue to prioritise performance and cost-effectiveness. Users will be able to capitalise on Rarible’s low gas fees and capitalise on the fee-splitting feature further driving costs down.
“Rarible’s commitment to low gas consumption and high-performance tools aligns perfectly with Chiliz’s vision of providing an efficient, user-friendly NFT experience,” Chiliz wrote in a press material shared with NFTgators.
Governed by $RARI token holders, the Rarible Protocol already boasts over 4,000 app integrations. Creators can leverage the protocol’s front-end fees to explore new monetisation options for their assets.
Rarible’s blockchain-agnostic protocol has seen it integrate with some of the leading Layer-1s and Layer-2s including Tezos, Mantle, Polygon and Immutable. This, “combined with its robust easy-to-use tech stack, paves the way for a diverse range of NFT marketplaces and digital collectibles, enriching the Chiliz ecosystem,” Chiliz wrote.
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