Atleta Network: New Era of Sports with Blockchain in Front of Us

Atleta Network, the first blockchain platform for the sports industry marking the possible beginning of the sports industry transition into Web 3. 

Atleta is the modular, layer 1 blockchain with native cross-chain interoperability. It represents the quintessential blockchain for the sports industry, combining smart contract creation, distributed data storage, financial transactions, and a decentralized apps deployment ecosystem. This is the core advantage of the network – sports organizations will no longer need to use separate blockchains for NFT issuing, data management, and decentralized app development. Moreover, the Substrate technology applied in Atleta facilitates network functioning and lowers fees for transactions and smart contract creation. 

The network combines four distinctive architectural features that make it a perfect fit for the sports industry's needs: parachains, XCM+, layer separation, and Nominated Proof-of-Stake (NPoS). 

Parachains

Parachains will allow different sports organizations to create their own, separate chains on the Atleta that leverage all the functionalities of the network. Thus, the sports clubs will be able to keep certain data private on Atleta’s distributed ledger and leverage all its validators set, explorer, decentralized exchange, and other features at the same time.

XCM+

Atleta will employ XCM for parachain communication. Atleta team expands XCM’s current capacity aiming to integrate one of the complimentary ancillary solutions such as IBC or CCIP.

Layer separation

Atleta separates different network functionalities into three layers to achieve better performance. Atleta’s modular structure includes data storage, smart contract execution, and decentralized app deployment layers. 

NPoS

Atleta’s unique consensus system, unlike traditional Proof-of-Stake, adds a new tier of transaction approval participants - nominators. Staking Atleta’s native token, $ATLA, the users become nominators who randomly name the validators among the network nodes or users. Therefore, the network becomes more secure and beneficial for the stakes. 

The investments raised during the preseed round will allow the Blockchain Sports team to continue the development of the network’s digital infrastructure. In May, 2024 the Blockchain Sports developers will launch Atleta’s Testnet where apart from the blockchain itself, the users will be able to try other network features and products like:

• Cross-chain bridge 

• Native crypto wallet 

• Decentralized exchange (DEX) 

• Blockchain explorer 

• Staking mechanisms

Until the beginning of May, 2024, the project’s followers can get Atleta’s whitelist NFTs which are available on Atleta's official website. To mint one, a user should complete several quests. The whitelist NFT holders will be granted priority access to Atleta’s testnet and will receive a multiplier to score more points for the actions on the testnet. 

Then, as Atleta’s official roadmap reads, all the core features of the network will be launched in the mainnet by the end of Q3 2024. In addition, the mainnet will be imbued with an AI/ML system for continuous network improvement and seamless functioning. 

Sports organizations will need Atleta’s utility token $ATLA to access the platform's functionalities. Atleta users will be able to exchange the token for major cryptocurrencies on the network’s DEX. Additionally, Atleta’s Bridge will allow users to transfer their tokens from Atleta to other EVM-compatible networks and vice versa. The $ATLA token TGE is scheduled for September 2024. We didn’t find any information about the token airdrop but Atleta creators may follow the tradition and reward their early supporters. You can follow Atleta on social media so as not to miss the $ATLA airdrop announcement if it is. 

Blockchain Sports

Blockchain Sports is the first international sports project building the future of world football, by combining advanced IoT, AI, VR, and blockchain technologies. In three football academies located across Brazil more than two hundred teenage football players from low-income families are honing their football skills. Under the guidance of professional coaches and control of new technologies, these promising players are training to become the world’s top footballers within a few years.

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