Chiliz (CHZ) gains 170% after launching live in-game NFTs for fan token holders
The launch of live in-game NFTs and a rapidly expanding ecosystem boosted the price of CHZ and showcased the project’s strong fundamentals. This year has seen a number of high profile partnerships formed between the cryptocurrency sector and major sports leagues, teams and individual players. Nowadays players engage with their fans by issuing limited edition NFTs and other perks that are associated with crypto and blockchain technology. Crypto companies are also making their presence known stitching their names on jerseys, buying stadium naming rights and paying for cleverly placed....
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The Coincheck crypto exchange will list Chiliz and Socios fan tokens on its new NFT marketplace. Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports.As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck's non-fungible token, or NFT, marketplace, the company announced Monday. Coincheck originally announced that it was considering launching an NFT platform in August 2020. According to the latest announcement, Coincheck’s platform has already listed several NFTs for....
Chicago-based high-frequency trading firm Jump Trading has made an equity investment in sports fan token platform Chiliz. Blockchain-based sports platform Chiliz has sealed an equity investment of an undisclosed amount from Chicago-based trading firm Jump Trading LCC. Jump Trading — a proprietary trading firm founded 20 years ago by Chicago futures pits veterans Bill DiSomma and Paul Gurinas — has been engaged for some time in the cryptocurrency space, alongside its wider activities in global futures, options and equities markets. The firm specializes in algorithmic and high-frequency....
A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens. In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while briefly forgetting about the worries of the world. Amid the ongoing market volatility and falling crypto prices, sports fans have cause to rejoice as multiple fan tokens have bucked the downtrend on May 18 to post 40% plus gains. Top 7 coins with the highest 24-hour price change.....
NFTs are taking over the tech space, with all the news related to these game-changing elements of the blockchain universe constantly making headlines. And now, NFT Token, a new player, is giving others a run for their money by changing the game further. Launched only two weeks ago, this brand new NFT player is betting on […]
The platform reported the sales of all its fan tokens have generated more $150 million this year. Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios.In a Thursday announcement from Socios, the platform said it will be dropping tokens for the Portugal national football team, also known as A Seleção or “The Selection,” within the next few days for local fans. As with previously tokenized sports franchises, the digital collectibles are minted on the Chiliz blockchain and allow token holders to vote in polls and earn....