Chiliz.net – A Beginner’s Guide to CHZ Project and Token

Chiliz.net has been gaining increasing popularity thanks to its sport tokenization idea. Blockchain technology has quickly overgrown its early stage of an exclusively token-oriented framework. As a result, this technology has invaded many businesses in the modern era, creating a new economic trend. In this guide to Chiliz.net, we summarize the essential details about its blockchain network. What is Chiliz.net? Chiliz.net claims to be "the leading tokenized sports and entertainment exchange." In this regard, its popularity in the field appears…

Sports Blockchain Firm, Chiliz Set For U.S Expansion With $50 Million Investment Fund

 Blockchain sports platform Chiliz has revealed that it will invest $50 million as part of its expansion plans to the United States. This development represents a significant step for Chiliz as it looks to maintain its growing dominance in the sports-based NFT market.  Major expansion  Chiliz revealed this latest development today in a press release on Us news outlet, Reuters. The blockchain firm will also be opening an office in New York to expand in the U.S. Chiliz also stated that it…

AC Milan teams up with Chiliz to launch fan token for its 450M supporters

Legendary Italian football club AC Milan has teamed up with Chiliz to launch its fan token (ACM). Supporters of the club will be able to participate in the club's governance and benefit from the partnership. Fan Utility Token The AC Milan Fan Token (ACM) is a utility token that will allow the club fans to exert symbolic influence on club decisions using the Socios app. Token holders will participate in surveys, earn non-fungible tokens (NFT) or even participate in exclusive…

Spanish Football Club is the First to Pay for Player’s Transfer Using Bitcoin

Bitcoin’s position as a global currency continues to increase with adoption in different industries across the world.  This week, a Spanish football club became the first to pay for a footballer’s transfer with Bitcoin. Football’s First transfer with Bitcoin This historic milestone occurred this week when footballer David Barral joined Spanish third division club DUX International de Madrid. The entire transfer was performed via Bitcoin, with the club not disclosing the total amount paid. The signing of this historic contract…

Football Fan Tokens and the Future of Cryptocurrencies in the Sports Industry

Prestigious European football club FC Barcelona is the latest to develop a cryptocurrency fan token in partnership with the blockchain company Chilliz. The token, Barca Fan Tokens (BAR), will be available to worldwide Barcelona football club fans who can use them to support the club by taking part in polls, surveys, make purchases, and get rewards, on Chilliz sports and entertainment platform, Socios.com. Barcelona is one among many prominent football clubs looking to engage their fans worldwide in club decisions…

Chiliz Quest for Minting Real Time NFTs Births Chainlink Partnership

On March 4, Chiliz revealed their new partnership with blockchain platform Chainlink, to allow the formation of a real-time Non-fungible token(NFTs). According to the announcement, Chiliz will now be able to utilize Chainlink’s network to trigger the execution of smart contracts based on real-time data and events. This integration will make it possible for Chiliz mint NFTs for partners in real-time, using securely provided data available on Chainlink’s network. Moreover, Chiliz looks forward to launching a Chainlink Price Reference Contract…