Football Blockchain Chili’swhose native currency is CHZ, aims to expand despite the difficulties of football-related Fan Tokens, which are still very low.
In fact, the blockchain has recently joined the Festival fanin order to present Chili’s Series 2.0, Which is beyond the popular Socios.com fan token platform.
Chiliz is a cryptocurrency dedicated to the world of football and closely related to the Socios.com platform. The ecosystem is developed on Ethereum Its reference has targeted the fans of various football clubs in the world.
The partnership between Chiliz crypto and FanFest
According to the latest news circulating on the net, new football-related NFTs will be available once Chiliz 2.0 (CC2) goes live. The updated CHZ blockchain mainnet should be available within a week.
At this point, football fans will be able to experience it before the end of the game world Cup. The partnership between Chiliz and FanFest is strategic, as the latter has worked with high-profile European football clubs such as Paris Saint-Germain (Paris Saint-Germain) H Manchester city (Man C) in the past year.
The company, which has always been sports-oriented, has also gained more 20 million fans around the world and is now trying to mint proof-of-participation tokens. On the other hand, fan icons based on Chiliz su Socios.com They offer great bonuses as incentives.
For example, being able to play a football match on the grounds of FC Barcelona or watch the Monza Grand Prix from a VIP box.
There are smaller but still coveted prizes as well, like meeting sports idols, choosing the music to play when your favorite team scores a goal, or voting on the kit design for next year’s team.
In addition, Socios.com has also partnered with more 170 sports clubs inside25 countries and ten sports, including American football, soccer, basketball, cricket, esports, ice hockey, mixed martial arts, motorsports, tennis, and rugby. Eighty of these organizations have already launched their official fan tokens on the Socios.com app, which has high-profile deals with giants like Manchester City, Barcelona And the Aston Martin F1 Team.
Therefore, Chiliz crypto and FanFest are two respected forces in the football world, which is why the collaboration between the two has huge potential and the potential to extend the blockchain world federation into the world of sports even further.
Who is behind Socios and what are its goals?
The team leader behind this project is the CEO of Socios, Alex Dreyfuss. who affirmed that he has been an online entrepreneur for the past twenty-five years.
“I created my first company in 1995 at the beginning of the Internet. They are the Web 1.0 generation. So over the past twenty-five years, my journey has always been about trying to use technology to create something that doesn’t exist and trying to embrace it before anyone else.”
As a serial entrepreneur, he has turned into an online gaming venture, with sports betting and online poker. Although there are fewer regulations in France, unlike the UK, there are no betting shops everywhere. He moved to Malta seventeen years ago, and ten years ago he cashed his bets on raising capital for his next venture.
Amusingly, he started out as a skeptic Bitcoins. Coming from the highly regulated world of online gambling, he had a hard time thinking of a decentralized system without a watchdog.
Except that, at the end of 2017, Dreyfuss I started looking at cryptocurrencies from a mathematical point of view. So, think about Fan codes: A way to create a new revenue stream for the many supporters who live abroad.
“On January 6, 2018, I decided to come back to the office after Christmas and say, ‘Let’s do this. We’re launching our business in this space. It was a leap of faith.’”
Today, the company represented by Dreyfus is the largest in the blockchain/sports sector, but also one of the largest mainstream blockchain products that are neither an exchange nor a wallet.
Basically, Chili’s (CHZ) is the entry point, allowing fans to go to Socios.com and buy tokens for their favorite team National Basketball LeagueAnd the Formula 1or rugby or other team sports.
It’s just like trading on any regular cryptocurrency exchange, except that the main benefit of the token is, at least in theory, allowing fans to get more deeply involved with their favorite club. Utility tokens are primarily a social investment, not a financial one.