By Solomon Odunayo
Briefly –
- Chiliz’s positive community has seen the crypto projects making insightful price moves over the past few weeks.
- Chiliz harnesses the soccer power to improve the interaction between fans and brands as it targets high.
- Chiliz has connected with top sports teams through the help of Socios.com.
- CHZ, the asset’s native token, has surged 3% in seven days.
Sporting events have proven to attract millions of fanatics in today’s world.
Chiliz allows fans to interact with their favorite sports teams. The crypto scheme enables the team to monetize their worldwide fans.
Chiliz has signed some partnerships with English sports clubs over the past few weeks. Also, CHZ achieved WooTrade listing, hitting higher levels. The crypto project, merging blockchain and the sports industry, trades near $0.32 while writing this content.
Recent Developments
Chiliz has had significant steps through a fan engagement podium, Socios.com. The project declared incorporating Leeds United to improve the club supporters’ experience.
Leeds United joins other EPL teams previously added, Everton and Arsenal.
On the tech side, the project plans to support Ethereum’s network upgrades. For instance, Chiliz guaranteed its followers that the ETH hard fork would not impact spot trading.
Chiliz community appeared excited by the news on the WooTrade listing. That made the token available to the whole liquidity network.
Upcoming Events
The project seems to target other markets out of Europe, which houses multiple famous soccer teams. While searching new option, Chiliz’s Socios.com declared the anticipated Fan Token for Atletico Mineiro, a Brazilian football club.
Meanwhile, Everton, Leeds United, Dinamo Zagreb, and Arsenal already have their Fan Token circulating in the financial space.
The project aims to develop NFTs for more benefits to platform users. Also, the plans to allow users to connect their bank accounts with Socios.com will increase Chiliz demand.
Price Forecast
While writing this, CHZ has its price standing near $0.32 as the project’s market cap hovers at $1.5 billion. Ranking 62nd, the altcoin attained its record high in March, trading at $0.8915.
However, soccer fans seem to support the project as far as the crypto community is concerned. Twitter Chiliz account has almost 336K followers at the moment, and they enjoy benefits by holding CHZ. Users can use the token to engage in Socios and participate in FTO (Fan Token Offerings).
Feel free to share your thoughts below.