Predict game results and receive unique NFT airdrops! Fan token Chiliz (CHZ) doubles in value over two weeks
Carrying multiple positives, fan token Chiliz CHZ has surged over 100% since the end of October, driven further by NFT airdrops for sports predictions and a series of strategic partnerships.
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Chiliz CHZ
Despite still a distance away from the historical high of $0.94 on 5/12, fan token CHZ has risen by 113% since 10/27, with positive developments including:
- Completion of the third-quarter token burn
- eToro listing CHZ on 11/10
- Launch of event prediction NFT rewards
- Establishment of partnerships with NFL's New England Patriots and Revolution teams, as detailed in this article
- Issuance of fan tokens for AC Milan, Manchester City, and Sao Paulo football clubs
Event Predictions Yield Unique NFTs
During a match between AC Milan and AS Roma in Serie A, AC Milan collaborated with Chiliz's fan platform Socios.com to issue the first unique NFT.
In addition to 100 Socios.com users receiving digital collectibles, users holding 10 AC Milan Fan Token ACMs can predict the outcome of the Milan vs. Roma match, with the new unique NFTs airdropped to wallets of users who predict correctly.
The NFTs issued by Socios.com for AC Milan are based on the Ethereum blockchain, with the news released on 10/29, prompting a bullish trend for CHZ.
This Sunday, history will be made as we release the first ever @acmilan NFT.
Here's how you can be one of ONLY 100 to own one 👇#ACMNFT | $ACM ⚡️ $CHZ pic.twitter.com/0z1aGyFgAC
— Socios.com (@socios) October 29, 2021
Furthermore, on 11/10, Binance also announced the launch of fan token CITY for Manchester City in Launchpool, where users can stake BNB, CHZ, and BUSD to earn CITY tokens.
In a departure from previous engagements primarily with Serie A football clubs, Socios.com recently not only established partnerships with the National Football League (NFL) and Major League Soccer (MLS), but also saw NBA teams such as the Warriors, Nets, and 76ers joining the Socios.com ecosystem.
Socios.com CEO Alexandre Dreyfus recently stated on Twitter that over 80 professional teams have announced strategic partnerships with Socios.com and Chiliz, with over a hundred teams signed up, and plans to expand the ecosystem to all major professional sports leagues globally.
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