“Chiliz Expands Ecosystem with 25 New Partners“
Chiliz recently welcomed 25 new partners to its ecosystem. The company’s goal is to create a space where sports and decentralization can coexist, offering sports fans a new type of experience. Chiliz believes that blockchain technology can transform sports into valuable digital assets and open up new channels of communication between sports organizations and their fans.
The SportFi ecosystem offers new ways for sports stakeholders to make money off of their intellectual property. This includes starting new businesses and improving existing ones, such as ticketing and collectibles. Alexandre Dreyfus, CEO of Socios.com and Chiliz, highlighted the rapid growth of the SportFi ecosystem through the addition of new partners.
Chiliz Ecosystem Overview
The Chiliz ecosystem includes fan tokens, infrastructure, community apps, and marketplaces. The company aims to become the leading sports blockchain and currently has over 80 fan tokens from top teams like FC Barcelona, Paris Saint-Germain, Manchester City, and Juventus.
Fan tokens have proven to be more successful than mainstream NFTs, trading 400% more than regular NFTs. These tokens are available on prominent marketplaces such as Binance ChillizX Bitget.
Unique Products and Services
In addition to fan tokens, Chiliz offers immersive football and football management games, metaverse-based sports experiences, online communities that are engagement- and reward-driven, and social gaming tools. This extensive ecosystem provides sports franchises with numerous revenue streams while evolving the way fans interact with sports.
Expanding SportFi
SportFi merges decentralization with sports by enabling fans to transact with their favorite teams using decentralized finance. It also involves turning sports into lucrative assets while strengthening the relationship between sports teams and their fans using blockchain technology.
Chilliz Chain Foundation
The Chilliz Chain serves as the foundation of all SportFi products, supporting the development of fan tokens and NFTs for ticketing and memorabilia. The Socios.com app within the Chiliz chain has more than 2 million users across 160 countries who have purchased 138 million Fan Tokens.
Hot Take: Chilliz is Transforming Sports Industry with Blockchain Technology
Chiliz’s expansion with new partners demonstrates its commitment to transforming the sports industry through blockchain technology. By offering unique products and services in its ecosystem, Chiliz is providing sports franchises with innovative revenue streams while revolutionizing how fans interact with their favorite teams. With its focus on merging decentralization with sports through SportFi, Chiliz is poised to continue reshaping the future of the industry.
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