Chiliz’s Launch of A New Blockchain Brings Token Price Rise

Known for issuing tokens and NFTs to sports fans in the cryptocurrency ecosystem, Chiliz (CHZ) has confirmed the genesis block of its new layer-1 blockchain.

Chiliz posted on her official blog on February 8, EVM (Ethereum Virtual Machine) compatible new layer-1 of the blockchain genesis block announced its approval. Blockchain NFTs, Play2Earn (Play-Win) games and Watch2Earn (Watch and Win) for sporting events and live events to ticket payments I was told to focus. With the announcement known to be made before, CHZ showed a serious upward performance in the last 24 hours.

Proof of Stake Authority have validation 11th blockchain, which is reported to consist of active validator, lower energy consumption, higher transaction speed and lower transaction fees It was stated that it was intended to have Blockchain’s native currency CHZ and CHZ holders staking It was also among the information given about blockchain that he could receive awards.

Initially only Chiliz on the blockchain, where the use of smart contracts from third-party developer approved by NFT ticketing, athlete-driven fan tokens, and crypto infrastructure providers like about 10 attempts will also be announced.

According to Coinecko data, the latest 30 per day 53% This news to Chiliz, which gained value, 24 within the hour 14% added value. CHZ, at the time of writing 0.1647 traded in dollars.

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