- 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.
“We see millions of dollars and tens of thousands of fans locked into collections that have lost value and no current utility,” said Tom Mizzone, CEO at Sweet, SCOR Foundation’s Lab Co. “We’re turning isolated collections into a unified gaming identity without forcing holders to migrate assets. By securely linking their wallet history to their SCOR-ID, we can instantly recognize their sports fandom and reward it with tangible gameplay upgrades within the SCOR ecosystem.”
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.
“This is about utility and identity,” added Raymond Lew, EVP of Product at Sweet. “That CR7 or Lakers collectible is a badge of honor, but for many, the reality of ownership simply hasn’t lived up to the hype. By linking that wallet to their SCOR-ID, we turn that passive proof of fandom into an active functional key that finally rewards them.”
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/