Chiliz

Token

2024

Spot

The web3 technology firm OKX has recently announced a <a href="https://medium.com/chiliz/okx-collaborates-with-chiliz-as-a-new-validator-bolstering-blockchain-innovation-in-the-sports-b64b3edd6784" target="_blank" rel="noopener" data-wpel-link="external">partnership </a>with Chiliz Chain, a leading EVM-based blockchain known as the pioneer in the sports and entertainment segments. Having a new validator on the Chiliz Chain from the OKX aims to strengthen the governance, security, and scalability of the chain. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/NewListing?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">#NewListing</a> ALERT 🚨 📈 <a href="https://twitter.com/search?q=%24BLOCK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">$BLOCK</a>/USDT <a href="https://twitter.com/GetBlockGames?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@GetBlockGames</a> Spot Trading is now open! Trade now: <a href="https://t.co/6Uk9xJ6Zdo" target="_blank" data-wpel-link="external">https://t.co/6Uk9xJ6Zdo</a> <a href="https://t.co/fwW2yuY8xl" target="_blank" data-wpel-link="external">pic.twitter.com/fwW2yuY8xl</a>— OKX (@okx) <a href="https://twitter.com/okx/status/1778394012090511481?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 11, 2024</a>
 </blockquote> 
 </div>
</figure> 
Chiliz Chain stands on the Decentralized&nbsp; Proof of Staked Authority (DPoSA) consensus that involves validators contributing greatly to block formation and authentication. As part of the Chiliz Chain, entities must stake to the minimum number of 10 million CHZ, the token, to be qualified as validators. 
OKX’s arrival prompts Chiliz Chain to consider specific additions regarding smart contract development and execution, particularly focusing on block validity. OKX brings massive expertise and experience from the crypto exchange field to the Chiliz Chain’s ecosystem&nbsp; 
The partnership between OKX and Chiliz has produced positive outcomes including spot trading for CHZ tokens and the support of Chiliz Chz2.0 mainnet. Fan tokens can now be found in the OKX exchange hence building an emotional closer relationship with sports. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <a href="https://www.cryptotimes.io/2024/04/11/europes-okcoin-rebrands-as-okx-appoints-erald-ghoos/" data-wpel-link="internal">Also read: </a><a href="https://www.cryptotimes.io/2024/04/11/europes-okcoin-rebrands-as-okx-appoints-erald-ghoos/">Europe’s OKCoin Rebrands As OKX, Appoints Erald Ghoos</a> 
</blockquote>

OKX Partners with Chiliz Chain for Sports Token Integration

The Crypto Times

Other articles published on Apr 12, 2024

Missed Wormhole (W) And Ethena (ENA)? You Don’t Want To Miss ETFSwap ($ETFS)

Experts hype the altcoin saga with Internet Computer (ICP), Polygon (MATIC), and Algotech (ALGT) ...

Bitcoin Surpasses 65 million Ordinals Subscriptions, a Historical Record!

The Newest Learn-To-Earn Crypto Presale Now Raises Over $190,000 – Could It Be the Next Bitcoin?

Introducing CryptantCrab Prime—A Web3-based PVP Game

Chainlink Price Faces 20% Downside Risk as Key Support Falters

Join our free newsletter for daily crypto updates!