Sports Industry Meets Web3 with Atleta Parachains. Grabs Attention of VC Bolts Capital
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The post Sports Industry Meets Web3 with Atleta Parachains. Grabs Attention of VC Bolts Capital appeared first on Coinpedia Fintech News Atleta is the world’s first blockchain that is designed for the modern sports industry. As the sports industry realizes the power and fanbase that resides in the decentralized world, Atleta is bridging the gap. Atleta’s secure, sports centric approach towards building a decentralized answer to the sports industry’s call has attracted Bolts Capital, which has agreed to pitch in $15 million to help the network develop its products and services. Fast and Secure Developers behind Atleta looked at the most widely adopted existing networks, pinpointing what made them so secure and stable. Taking the best of what was available, the Atleta chain was born with all the properties that made other blockchains great. The Atleta blockchain comes with 80 TPS, with a block time of just 6 seconds. The finality is instant, requiring only a single block to settle transactions. This makes it faster than most widely used Layer 1 blockchains, making Atleta the perfect chain for sports where each second matters. Tri Layer, Multi Chain Approach The result of research and development is a three layer Atleta system, with each layer dedicated to crucial activities. The Execution Layer is a smart contract platform that tackles all transactions. This layer is where users interact. With DeFi and smart contract capabilities, developers, sports associations, clubs, and even normal users can build dApps for their favorite sports teams. Think NFTs, competitions, collaborations, and everything under the sun. As a parachain system, Atleta enables every sports team or club to have its dedicated chain, isolated from the rest, but with its Interoperability layer, communicable. This ensures clubs and leagues can run their Web3 activities without being interfered with, but still remain within…
Filed under: News - @ November 25, 2025 10:28 am