Crypto NewsAltcoinCritical Move from Developers of Sports Industry's Leading Altcoin Chiliz (CHZ): 'Moving...

Critical Move from Developers of Sports Industry's Leading Altcoin Chiliz (CHZ): 'Moving to WEB3!'

The developers of Chiliz, the leading blockchain provider of the sports industry, are bringing the world of sports to WEB3 with their statement.

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Chiliz (CHZ), the leading blockchain provider of the sports industry, is announcing that Chiliz Chain has officially opened its public mainnet.

Chiliz (CHZ) Aims To Move The World Of Sports From WEB2 to WEB3 by Publishing New Layer-1 Blockchain

Thus, a new phase will be entered in the company's mission, which is based on expanding the relationship between fans, communities and their favorite sports teams and brands through blockchain technology.

Chiliz is the technological leading blockchain behind the Fan Token digital sports ecosystem, which holds more than 2 million wallets and enables sports teams to engage directly with their global fan base.

Chiliz Chain is the latest Chiliz project to build infrastructure for sports teams and brands to build Web3 products that will enable them to engage directly and engage with their communities at scale.

Chiliz Chain; is a Layer-1, EMV-compliant, Proof-of-Stake Authority (PoSA) blockchain. While Jump Crypto is one of the node validators to be announced, other industry names are on the way.

Chiliz will innovate on the Chiliz Chain through its $50 million accelerator program Chiliz Labs and by holding a series of hackathons around the world.

As ongoing innovations drive the growth of the Chiliz Chain ecosystem, Chiliz will host it through Chiliz Labs, a Jump Crypto-backed $50 million accelerator and incubator program for sports-focused blockchain projects in the nascent stage on Chiliz Chain.

The Socios.com and Fan Token ecosystem includes the giants of world sports such as FC Barcelona, Paris Saint-Germain, Galatasaray, Manchester City, Juventus, SSC Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, AS Roma, UFC and leading F1 teams. together, it has also reached 2 million wallets.

*Not investment advice.

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