Atleta Network testnet is successfully launched with more than 3 million transactions in the first two month

The
first
multi-layer
blockchain
platform
developed
to
modernize
the
sports
industry
has
begun
to
break
records.
Atleta
launched
its
“Olympia”
testnet
just
two
months
ago
and
has
already
over
200
000
Web3
users.
From
a
humble
250
000
transactions
conducted
in
the
first
two
days
to
an
impressive
3
000
000
two
months
later
this
network
is
rapidly
accelerating
its
presence.

Atleta
is
a
modular,
EVM-compatible
layer
1
blockchain
platform
designed
specifically
for
the
unique
needs
of
the
sports
industry.
Since
the
beginning
of
2023
around
a
thousand
Web3
developers
have
worked
globally
to
build
the
first
blockchain
network
for
sports
data
management,
financial
operations
and
sports
dApps
(decentralized
applications)
deployment.   

Built
on
Polkadot
software
development
kit
(SDK)
Substrate
the
Atleta
blockchain
has
a
unique
architecture
that
combines
four
core
elements:
parachains,
XCM+,
cross-chain
interoperability,
and
NPoS.
The
network
will
allow
sports
organizations
to:

• 
  Enhance
  data
  management
  making
  data
  storing
  transparent
  and
  secure
  in
  Atleta’s
  distributed
  ledger;
• 
  Create
  custom
  decentralized
  applications
  running
  them
  on
  the
  network’s
  dApps
  execution
  layer;
• 
  Issue
  fan
  tokens
  providing
  them
  with
  voting
  rights
  and
  holder-only
  experiences; 
• 
  Facilitate
  financial
  operations
  by
  reducing
  transaction
  fees
  and
  diversifying
  funds;
• 
  Create
  new
  ways
  of
  monetization,
  selling
  digital
  merch
  and
  memorabilia
  in
  the
  platform’s
  NFT
  marketplace.

The
individual
users
in
turn
will
leverage
Atleta
to: 

• 
  Trade
  digital
  sports
  items
  in
  the
  marketplace;
• 
  Hold
  assets
  like
  crypto,
  NFTs,
  etc.
  in
  the
  native
  wallet; 
• 
  Use
  Atleta’s
  DeFi
  ecosystem
  for
  crypto
  transactions,
  exchange,
  lending,
  etc.;
• 
  Participate
  in
  sports
  fantasy
  leagues;
• 
  Develop
  dApps
  and
  deploy
  them
  in
  the
  network;
• 
  Directly
  engage
  with
  sports
  stars,
  supporting
  them
  and
  getting
  rewards
  in
  return; 
• 
  Vote
  for
  decisions
  their
  favorite
  team
  or
  athlete
  makes. 

How
to
join
the
Atleta
testnet

Anyone
can
join
the
Atleta
Olympia
Testnet
by
heading
over
to
the
official dashboard available hereofficial dashboard available here”>

official
dashboard
available
here.
The
testnet
users
accrue
XP
points
for
using
different
functions
of
the
testnet
(e.g.
ATLA
staking,
voting,
etc.)
which
are
presented
as
recurring
tasks
with
certain
XP
values.
All
the
users
get
daily
and
weekly
tasks
updated
every
24
hours. 

The
number
of
XP
points
determines
the
users’
place
on
the
leaderboard
where
the
most
active
participants
will
get
rewards
after
the
Olympia
testing
period.
Additionally,
testers
are
able
to
invite
other
contributors
and
get
rewarded
with
half
of
the
XP
points
their
referrals
get
in
the
network.
Those
100
000
Web3
enthusiasts
registered
for
the
Atleta
testnet
by
its
start 
had
seized
the
opportunity
to
increase
their
chances
of
getting
the
biggest
rewards
with
Whitelist
NFT. 

To
leverage
the
network’s
functionalities
and
pay
transaction
fees
the
testnet
users
need
ATLA
tokens
which
they
can
claim
on
the
network’s
faucet.
It
gives
users
ATLA
coins
once
a
day
and
rewards
claimers
with
additional
XP
points
as
the
faucet
is
an
integral
part
of
Atleta’s
beta
version.
According
to
the
network’s
Blockchain
Explorer
1000+
users
make
75
000
ATLA
transactions
daily
on
average.
By
now
the
total
number
of
transactions
surpasses
3
million. 

Under
the
hood
of
Atleta
testnet

At
the
moment
the
testnet
contributors
can
try
the
following
products
of
the
Atleta
Network: 

Explorer:

The
tool
that
allows
the
users
to
view
real-time
and
historical
transaction
data,
blocks,
addresses
and
other
relevant
blockchain
metrics. 

Governance:

A
community-driven,
decision-making
interface
that
empowers
the
most
proactive
$ATLA
holder
to
propose
and
vote
for
network
changes.
During
the
recent
‘Olympia’
update
the
governance
interface
was
complemented
with
the


Referendum
proposal,


Treasury
proposal

and


Discussion
post

sections.

Staking
mechanisms:

Users
can
stake
their
testnet
ATLA
tokens
and
contribute
to
the
chain’s
stability
and
security
by
verifying
transactions.

Bridge:

The
application
ensures
blockchain
interoperability
and
seamless
crypto
asset
transfers
across
different
networks.
The
testnet
can
represent
several
EVM-compatible
crypto
assets
and
vice
versa.
Atleta’s
assets
can
be
represented
in
any
other
EVM
chain. 

Decentralized
exchange
(DEX):

The
network’s
decentralized
exchange
allows
the
users
to
swap
tokens
and
provide
liquidity
without
limitations.
The
testnet
supports
the
following
coins
to
be
swapped
on
the
DEX:
Tether
(USDT),
USD
coin
(USDC),
Ether
(ETH),
and
Atleta
(ATLA). 

In
July
the
Atleta
team
announced
an
ambassadors programambassadors program”>

ambassadors
program

with
a
total
prize
pool
of
$150,000
to
accelerate
community
growth
and
outreach
well
beyond
the
field.
The
network
will
recruit
passionate
influencers
to
spread
awareness
and
excitement
through
social
media
and
content
creation.
Ambassadors
will
be
rewarded
depending
on
their
Tier
and
impact
on
the
network’s
testnet. 

Besides
Atleta
launched
a
grant programgrant program”>

grant
program

for
talented
developers
and
teams
that
can
enrich
the
network
with
new
products.
The
network
development
team
will
pay
up
to
$50
000
in
$ATLA
tokens
to
any
developer
or
team
that
will
make
a
relevant
contribution
to
the
building
of
Sports
dApps,
DeFi
tools,
network
infrastructure
and
other
solutions
relevant
to
the
network.  

Later
within
the
testnet
period,
early
adopters
will
be
able
to
explore
the
NFT
marketplace
for
trading
football-related
non-fungible
tokens
(NFTs)
and
Lending
protocol

that
supports
lending,
borrowing,
and
in-chain
crypto
portfolio
management
using
Atleta
Native
Assets.

In
autumn
2024
the
network’s
team
will
launch
the
network’s
mainnet
and
conduct
the
ATLA
coin
token
generation
event
(TGE). 

Atleta
Network
is
the
heart
of
the
Blockchain
Sports
Ecosystem
which
incorporates
AI
analytics,
performance
tracking
sensors,
VR
and
blockchain
technologies
to
improve
sports
operations,
drive
better
results
and
provide
opportunities
for
young
talents
worldwide. 

The
project
has
already
invested
$10
million
in
three
football
academies
established
in
three
Brazilian
cities:
Rio
de
Janeiro,
Acopiara
and
Sobral.
The
company
conducted
a
football
competition
“Tempo
de
Futebol”
for
teenagers
of
14
–
17
years
scouting
400+
promising
young
footballers
from
the
whole
Brazil.
At
the
moment
they
train
under
professional
coaches’
guidance
with
advanced
performance
tracking
(GPEXE)
and
analytics
technologies
used
in
the
Serie
A
top
clubs
and
National
Teams
of
Italia,
Malta,
Jordan
and
Moldova.

Blockchain
Sports
Ecosystem

Blockchain
Sports
is
the
first
international
ecosystem
building
the
future
of
sports
by
combining
advanced
performance
tracking,
AI,
VR
and
blockchain
technologies. 

The
Blockchain
Sports
Football
project
is
a
part
of
the
ecosystem.
In
three
football
academies
located
in
Brazil
more
than
400
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.

Atleta
Network
is
a
decentralized
L1
blockchain
platform
with
data
storage
that
makes
the
sports
industry
more
secure,
efficient
and
open.
It
provides
transparency
of
interactions
between
sports
organizations
and
the
users
providing
both
with
additional
financial
support.
Sports
organizations
can
use
it
to
develop
smart
contracts
and
sports-related
decentralized
applications,
issue
tokens
and
enhance
financial
operations
with
high
transparency.
Users
can
engage
with
their
favorite
sports
teams
via
smart
contracts
and
support
the
players
directly.

Learn
how
to
use
the
network
from
Atleta Whitepaper.Atleta Whitepaper.”>

Atleta
Whitepaper.

The
headquarters
of
the
international
holding
is
located
in
the
UAE,
Dubai.
Official
representative
buros
are
located
in
Brazil,
Germany
and
Cyprus.
The
project’s
plan
for
the
near
future
includes
developing
a
custom
athlete
scouting
service
and
deploying
the
blockchain
testnet.

Join
the
movement

Visit
https://atleta.network/https://atleta.network/”>

https://atleta.network/

to
learn
more
about
the
Atleta
network,
its
capabilities,
roadmap
and
whitelist
conditions.

Stay
tuned
with
the
latest
news
and
updates
on
X:
https://twitter.com/Atleta_Networkhttps://twitter.com/Atleta_Network”>

https://twitter.com/Atleta_Network