The post SCOR Launches Cross-Chain Wallet Linking to Activate Dormant Sports NFTs appeared on BitcoinEthereumNews.com. The newly implemented procedure makes useThe post SCOR Launches Cross-Chain Wallet Linking to Activate Dormant Sports NFTs appeared on BitcoinEthereumNews.com. The newly implemented procedure makes use

SCOR Launches Cross-Chain Wallet Linking to Activate Dormant Sports NFTs

  • The newly implemented procedure makes use of a secure verification mechanism that modifies the SCOR-ID information of the user.
  • This breakthrough initiative is aimed to give tens of thousands of dormant sports NFTs a new lease on life.

The Cross-Chain Wallet Linking functionality for SCOR-ID was unveiled today by SCOR, the protocol that enables programmable sports intellectual property and verified on-chain fandom. By enabling fans to verify ownership of assets across several blockchains, including Tezos, Ethereum, and Polygon, and quickly unleash utility inside the SCOR gaming ecosystem, this breakthrough initiative is aimed to give tens of thousands of dormant sports NFTs a new lease on life. This will be accomplished by letting fans to verify ownership of assets instantaneously.

Fans of various sports have been amassing digital assets that represent their preferred teams and individuals for a considerable amount of time. However, the majority of these collections are now dormant in isolated wallets, and they do not have any applications or interoperability in the real world. By providing users with the ability to cryptographically connect these external wallets to their SCOR-ID, the new gateway that SCOR has introduced provides a simple solution to this issue. This allows users to transform static collectibles into tangible in-game benefits without ever having to move the original asset.

The newly implemented procedure makes use of a secure verification mechanism that modifies the SCOR-ID information of the user so that it accurately reflects their external holdings:

  • Connect & Sign (SCOR-ID): The user establishes a connection between the portal and their Base wallet, which contains their SCOR-ID.
  • Verify External Wallet: On the external network (such as Tezos or Ethereum), the user links the target wallet, which is where they store their non-fungible tokens for professional sports.
  • Automatic Update: The backend of Sweet is responsible for verifying signatures and updating the SCOR-ID token to reflect the external network and address. Additionally, a new trait-type called “Tezos Address” is added via this process.
  • Visualize & Earn: Sweet creates a visual representation of the user’s cross-chain inventory once the user creates an account on fun.scor.io.

With over 2,000 athletes already on SCOR, the platform boasts an impressive roster of athletes. These athletes include cricket legends such as Rashid Khan, Ben Stokes, Pat Cummins, Chris Gayle, and Ellyse Perry, as well as golf legend Arnold Palmer, top-tier tennis superstars such as Naomi Osaka, Aryna Sabalenka, Nick Kyrgios, and Barbora Krejčíková, boxing heavyweight champion Oleksandr Usyk, and hockey legends such as Wayne Gretzky, Gordie Howe, Mario Lemieux, Patrick Roy, Martin Brodeur, Mark Messier, Nicklas Lidstrom, Ray Bourque, Jean Béliveau, and Steve Yzerman. Additionally, thousands of athletes from the sports of basketball, soccer, and football are expected to be announced.

Fans may check to see whether their assets, such as certain LA Lakers drops or CR7 collectibles, are eligible for activation by referring to a live, searchable list of eligible collections that is immediately accessible on the platform.

It is possible for players to get major gaming benefits by verifying their ownership of certain heritage assets. certain advantages include gem multipliers and special perks, which enable players to accumulate gems that can be converted into $SCOR tokens at a faster pace.

The sovereignty and intellectual property of the original collectibles are respected by this approach, which is an important consideration. Due to the fact that the system focuses on reading and indexing data rather than replicating artwork or minting derivative NFTs, the user’s original assets are not altered in any way inside their secure wallets.

Those who are in possession of sports NFTs that are qualified may register for early access by going to fun.scor.io/sportsNFT right now.

SCOR is a sports gaming platform that prioritizes the needs of fans and rewards them for their devotion. Fans are able to play, compete, and earn via SCOR’s extensive ecosystem, which is powered by the $SCOR token. SCOR also has a variety of interesting minigames with a sports-related theme, as well as player-versus-player challenges. In addition to providing a unified identity, the SCOR-ID also makes it possible to correlate a user’s cross-chain assets to real in-game utility.

Source: https://thenewscrypto.com/scor-launches-cross-chain-wallet-linking-to-activate-dormant-sports-nfts/

Market Opportunity
CROSS Logo
CROSS Price(CROSS)
$0.12693
$0.12693$0.12693
-1.00%
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

OTTAWA, ON, Dec. 17, 2025 /PRNewswire/ – New Canadian technology company Woodway Assurance is proud to announce that it has closed an oversubscribed seed funding
Share
AI Journal2025/12/17 23:16
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44