Life Clips, Inc. announced that BelfricsBT, one of the fastest growing blockchain platforms of India, has signed an MoU with Chennai City Football Club and KPR Info Solution to develop a first-of-its-kind hybrid blockchain solution for athletes and club management. BelfricsBT will work closely with Chennai City Football Club pairing its knowledge of the technology with the Club’s vision to shape a unique NFT product. Chennai City Football Club will be the first adopter of the solution. The solution will allow Clubs to control the creation of NFTs based upon their branding and players and own the revenue stream they generate. BelfricsBT plans to work closely with KPR Info Solution, the technology development entity of KPR Group, as a non-exclusive technology partner for the development of this innovative blockchain solution. This hybrid blockchain based solution for sports utilizes NFTs and Club tokens to bring all the stake holders of the game on to a single decentralized platform.