Chiliz

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 <p class="paragraph">Amid several bullish weeks for the fan token project Chiliz (CHZ), its team has announced the <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> of SportFi, an <a rel="noopener noreferrer nofollow" title="ecosystem" href="https://thebittimes.com/tag/ecosystem.html">ecosystem</a> that aims to allow developers to create <a rel="noopener noreferrer nofollow" title="fan-centric" href="https://thebittimes.com/tag/fan-centric.html">fan-centric</a> decentralized applications (dApps) while protecting them against intellectual property infringement and fraud.</p>
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 <p class="paragraph">Specifically, the fintech platform that powers Socios.com, a fan engagement and rewards network through which sports enthusiasts can interact with their favorite teams and clubs in innovative ways, made the announcement of the SportFi <a rel="noopener noreferrer nofollow" title="ecosystem" href="https://thebittimes.com/tag/ecosystem.html">ecosystem</a> in an X thread published on October 27.</p>
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    <p lang="en" dir="ltr">Chiliz unleashes the Chiliz Chain <a rel="noopener noreferrer nofollow" title="ecosystem" href="https://thebittimes.com/tag/ecosystem.html">ecosystem</a>: SportFi for everyone! <br><br>We're excited to announce a groundbreaking development in our mission to bring blockchain technology to the world of sports and entertainment. No more governance hurdles for developers.#ChilizChain $CHZ pic.twitter.com/TJPZJahO1V</p>— Chiliz ($CHZ) – Powering Socios.com (@Chiliz) October 27, 2023
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 <h2 class="wp-block-heading" id="h-what-the-news-entails">What the news entails</h2>
 <p class="paragraph">According to the statement, the latest “groundbreaking development (…) empowers you to create <a rel="noopener noreferrer nofollow" title="fan-centric" href="https://thebittimes.com/tag/fan-centric.html">fan-centric</a> applications, explore innovative solutions, and craft unique experiences,” adding that “the possibilities are limitless, and you have the freedom to experiment and innovate without constraints.”</p>
 <p class="paragraph">On top of that, as part of Chiliz’s commitment to protecting its users and partners, the company said that Chiliz Chain would also introduce a blacklist feature that promises to keep participants safe against intellectual property infringement, threats, and fraud.</p>
 <h2 class="wp-block-heading" id="h-chiliz-chain-s-success">Chiliz Chain’s success</h2>
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       <h3 class="font-bold leading-6 " id="chiliz-chz-price-plunges-over-30-since-the-world-cup-kicked-off-here-s-why">Chiliz (CHZ) price plunges over 30% since the World Cup kicked off; Here’s why</h3>
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 <p class="paragraph">Meanwhile, professional sports teams have been lining up to issue their own tokens on Chiliz Chain via Socios.com, including the English Premier League’s Tottenham Hotspur, which <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>ed a Fan Token Offering (FTO) for its official SPURS fan token in early October.</p>
 <p class="paragraph">As a reminder, Chiliz issued its CHZ token in October 2018 as part of its active work on the blockchain platform Socios, six years after the company’s foundation under Malta-based Mediarex Group, an international sports and entertainment organization.</p>
 <p class="paragraph">At press time, CHZ was changing hands at the price of $0.065, which is a decline of 3.28% in the last 24 hours but still represents a growth of 12.16% across the previous seven days, and an 11.87% gain across the previous month, according to the most recent data by Finbold on October 27.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/chiliz-to-launch-sportfi-ecosystem-for-creation-of-fan-centric-dapps-tbt68090.html">https://thebittimes.com/chiliz-to-launch-sportfi-ecosystem-for-creation-of-fan-centric-dapps-tbt68090.html</a></p>

Chiliz to launch SportFi ecosystem for creation of fan-centric dApps

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