Saturday, January 8, 2022

Tezos Seals Partnership With Esports Giant Team Vitality


Tezos has secured a partnership with French esports giant Team Vitality. The three-year deal aims to bring Team Vitality closer to its fans than ever before by leveraging Tezos' energy-efficient blockchain.

Tezos Enters Esports Space
Tezos has entered into another game-changing partnership.

The Layer 1 blockchain, which prides itself on energy efficiency, announced a three-year partnership with French esports organization Team Vitality Thursday. Although details about what the partnership entails are still vague, Team Vitality stated that the deal would "revolutionize" its fan experience.

As part of the new deal, Team Vitality explained that the collaboration would help educate their fans on the benefits of blockchain as part of the gaming experience and showcase the advancements of these technologies. Additionally, the organization's CEO Nicolas Maurer explained what the partnership would mean for the esports team, stating:

"This is truly a game-changing partnership for Vitality, which feels appropriate given 2022 is set to be the biggest year in our history. The opportunities Tezos can bring to strengthen the relationship between us and our fans is incredibly exciting, and we're immensely proud to have Tezos join us on this journey."

For Tezos, the partnership appears to include brand visibility, possibly in the form of sponsorship logos on Team Vitality players' jerseys. "Tezos will be represented by top-performing Team Vitality rosters and star athletes and through unrivaled brand visibility across the esports ecosystem," Team Vitality said in a press release.

Last year, Tezos signed several major partnerships to boost its visibility. In June, Tezos made deals with Formula One racing teams McLaren and Red Bull Racing to launch collectible NFTs. Both teams stated that Tezos' low carbon footprint factored into partnering with the blockchain.

Last month, video game developer Ubisoft announced it would be launching NFTs on the Tezos-based Quartz platform, only to be hit with severe backlash from the gaming community. Despite this, Ubisoft put out a statement confirming that it will still pursue non-fungible tokens, explaining that the move is "a major change that will take time."

Despite attracting a lot of attention from brands, Tezos has otherwise struggled to gain significant momentum in the crypto space in recent months while other competing Layer 1 blockchains have seen huge growth. Musicians, artists, and art collectors appear to be some of the blockchain's biggest enthusiasts (besides Ethereum, Tezos is arguably the biggest hub for digital art NFTs, and it's also hosted NFT collections from the likes of Mike Shinoda and Doja Cat).  

Through its new partnership with Team Vitality, Tezos will be hoping to attract a new demographic of esports fans. However, after how poorly Ubisoft's foray into NFTs was received, whether Team Vitality's fans will be receptive remains to be seen. 

NULS Multi-signature launching soon


What is multi-signature?
Multi-signature, also known as Multi-sig, which is a digital signature that allows multiple users to sign one transaction. To address in a simpler way, an account that is owned, managed, signed by more than one party.

In most cases, there is only one private key that manages a single account, which we call it 1/1. Multi-sig is different, it goes m/n, "n" refers to the amount of private keys that are authorized to sign for the account, transactions only take effect when the number of signatures reaches to "m". In this case, "m" must be less than or equal to "n".

How is Multi-sig applied in cases
Multi-signature has many use cases in account authority management.

Assets management
Multi-sig greatly enhances security level by allowing multiple people managing one account using different private keys, which lowers the risks of assets being attacked.

By managing one account with Multi-signatures, even if one of the signatories lost the private key, the rest of them can still get access to the account that is being protected by multi-sig.

Department Authorization
A matter that must be approved and signed by multiple departments before it takes effects. Every signature can be traced and it is transparent to all parties.

Assets that supported by NULS Multi-signature

Our multi-sig comes as a DApp, which is compatible to NULS and NerveNetwork blockchain The Multi-sig DApp can be used to manage NULS and Nerve mainnet asset , also including assets bridged from Ethereum/Polygon/Arbitrum/BSC/Heco/OEC/Cronos and other blockchains to NULS through NerveBridge(currently not compatible with NRC20 assets )

A quick starter on NULS Multi-sig DApp
How to use Multi-sig DApp in NULS network

Connect Wallet
To get access to multi-sig DApp, connect wallet by Nabox or Metamask.
Click & Down extension wallet here.