Binance introduces farming of Chiliz PSG and JUV tokens on Launchpool

Binance introduces farming of Chiliz PSG and JUV tokens on Launchpool

This is the first milestone of a longer-term strategic partnership between Binance and Chiliz. Cryptocurrency exchange Binance has announced a strategic partnership with sports and entertainment fan-token issuer Chiliz.In a Dec. 14 post, the exchange announced that, as the first milestone of this partnership, Chiliz fan-tokens for Paris Saint Germain (PSG) and Juventus (JUV) football clubs would be the latest featured on its Launchpool platform.As Cointelegraph reported, the Launchpool platform allows users to stake tokens for up to 30 days in order to farm certain reward assets, just....


Related News

Binance launches trading and staking for three more Chiliz fan tokens

Binance is set to list OG, ATM and ASR in its Innovation Zone and open trading against major cryptocurrencies like BTC and USDT. Binance, the world’s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz.According to a Dec. 23 announcement, Binance Launchpool — a platform allowing users to stake tokens for up to 30 days to earn rewards — will soon feature three more sports fan tokens: Dota 2 esports team OG, Atlético de Madrid Football (ATM), and AS Roma Football Club (ASR).As part of the new allocations,....

Blockchain sports firm Chiliz to expand in US with $50M investment

Chiliz is setting up a New York office following years of fan token experience in Europe. Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday.Dreyfus told Cointelegraph that the firm is setting up an office in New York and will start working with local leagues and sports franchises.New York is the “headquarters for the sports industry in the U.S,” Dreyfus said, stressing that the new office will be critical for Chiliz's global expansion. In a Reuters interview, Dreyfus said that the company is preparing....

Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

The success of the AC Milan Fan Token launch and plans to expand to the United States support Chiliz's 1,000% rally over the past month. Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is Chiliz, a blockchain platform created by the Socios fan engagement platform. The project is designed to allow fans to purchase branded Fan Tokens that let....

Japanese exchange Coincheck to list fan tokens by Chiliz and Socios

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....

Chiliz Price Skyrockets, Will This Bullish Run Continue?

Chiliz has burst through to the limelight by helping entertainment and sports firms with blockchain-backed tools to allow them to monetize their viewership. The subscription is the access link through which fans obtain voting rights and early tickets. Also, the direct access fans have to their desired soccer teams is a function of Chiliz blockchain technology and token. Through the CHZ token, fans can easily access the Fan Tokens of their desired soccer teams. The CHZ token is the native digital currency of Chiliz. Fans purchase these tokens through a platform known as socios.com. Socios....