UFF Sports is the world’s first platform bringing ultimate ownership to the Fantasy Sports industry. They have developed an entire ecosystem of fantasy sports ownership and they are growing to encompass international events of every sport in each level of play, not just pros. UFFS platform received a grant from the Foundation to migrate their blockchain component to CUDOS. This is for transactions, NFT minting and wallet integration and will complete the daily NFT fantasy sports platform. The project aims to establish the NFT ecosystem on CUDOS, integrating metaverse tech, and offering an NFT lending platform. UFFS will also leverage the recently launched Blockchain Compute capabilities in the Cudos network to power their fantasy offerings.
The UFF Sports platform already has 30 000 NFTs that are minted and used in gameplay; these NFTs move daily as the various leagues operate. A combination of NFT movement and use of their SCO token for all transactions is expected to grow the usage of the CUDOS blockchain, and they will also become one of the first partners to leverage the compute capabilities of the network.
Part of the grant will be provided as a sponsorship to VR1 Racing League which will raise awareness for Cudo, while the other part will be used for the blockchain integration. The UFFS team is very talented and keen to deliver great value to their users, and that is why we are also delighted to show a demo of some of the progress they have already made.
” We are looking forward to welcome UFF Sports to CUDOS which will increase the number of transactions on our blockchain. Our team at the Foundation is delighted to have a novice project that brings Cudos closer to the broader audience of gamers and Web3 enthusiasts” – says Lee Woodham, Chairman of Cudos Foundation and COO of CudoVentures.
The UFFS team is grateful for receiving the privilege of accessing supportive funds from the CUDOS foundation. This approval further solidifies the relationship between our two projects and is a motivating factor in implementing the power of the CUDOS blockchain as well as their revolutionary onchain computing network to the UFFS platform.
We believe the technology, team and vision at CUDOS gives our project a substantial advantage over other projects in our space as we race to bring web 3 to fantasy sports and the sports world in general. Exciting times ahead’- claims Tony Charanduk, CEO of UFFSports
To learn more about the program’s Terms and Conditions, please visit cudos.foundation/grants and join its lively Discord community. Projects interested in receiving funding can apply using the grant application form.
About Cudos Foundation
The Cudos Foundation, was launched to serve as a catalyst for the development and growth of the Cudos blockchain network in support of becoming the preeminent leader in decentralised cloud computing. With grant opportunities between $5,000 and $250,000, the Cudos Foundation is known to show a particular interest in DeFi, NFT, metaverses, gaming, infrastructure tokenisation and mass adoption-focused tools and bridges, pioneering and expanding on the idea of decentralised, permissionless access to high-performance computing at scale.
Learn more about CUDOS and The Foundation:
About UFF Sports
UFF Sports is the world’s first platform bringing ultimate ownership to the Fantasy Sports industry. We’ve developed an entire ecosystem of fantasy sports ownership and we’re growing to encompass international events of every sport in each level of play, not just pros!
Grow and manage your sports franchise or simply participate in player scouting and fan games. We wish to invite you to grow the league from anywhere in the world and represent your sport with a truly unique cryptocurrency asset driven platform.
Press contact: Marianna Charalambous, Grant Program Manager, [email protected]