Island Broadcast Media has partnered with the Crypto-Pills Gaming Company to launch an NFT virtual ownership project.
The creative project will facilitate ownership of virtual horses and greyhounds through blockchain addressable surfaces.
Gamers using the virtual sports events and sports television streaming service will be able to buy a digital stake in a horse or greyhound as an individual or part of a community.
Digital owners can follow the performance of assets and gain returns on their investment when racing at virtual replica tracks across the European Union and US.
By using blockchain technology the asset will be retired and minted into a digital collectible.
“When we saw what Crypto-Pills was developing, we immediately realised the synergies and were delighted to announce a formal alliance between the companies to develop and deliver the combined technologies within our virtual racing and gaming products”, said Island Broadcast Media CEO Heath Samples.
Island Broadcast Media co-founder Dave Mousley added: “This NFT project promises to bring a new dimension to player engagement. We have also launched a range of fixed odds, betting and gaming products which we are now beginning to introduce to the market. The incorporation of unique NFTs inside the virtual sports world creates an exciting crossover between the blockchain and virtual sports.”
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