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Five years on from its inception, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain ecosystem to support its growth.Chiliz’s fan token ecosystem has long been powered by Ethereum-based ERC-20 tokens, but the validation of the Chiliz ‘2.0’ Blockchain genesis block sees the ecosystem
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Chiliz, the blockchain-based sports token that allows fans to own tokens tied to respective teams, has validated the genesis block of its new layer-1 blockchain. Source
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After beating France in the dramatic final of the 2022 Soccer World Cup in Qatar on Monday, Argentina won its third world title. The win that Argentina achieved is destined to go down in history as a momentous event. But, despite the dramatic victory, the country’s fan token ARG shed
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Place/Date: - December 19th, 2022 at 8:30 am UTC · 3 min read Contact: Jenny Sun, Source: MEXC Recently, Socios.com, Chiliz’s fan token creator, and several football clubs launched the latest fan tokens. These tokens collectively had their initial launch on the cryptocurrency trading platform MEXC to expand
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Cryptocurrencies tied to national soccer teams have failed to keep the attention of 2022 FIFA World Cup fans, with many soccer-linked fan token prices plummeting since the tournament began. Between Portugal, Spain, Brazil and Argentina, the associated digital fan tokens have fallen between 60% to 88% percent in price since the
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Argentina’s shock 2-1 loss to Saudi Arabia in the opening match of the FIFA World Cup has plummeted the price of the Argentine Football Association Fan Token (ARG), in line with the hopes of the nation’s die-hard soccer fans. With the ARG token priced at $7.21 at kick-off, the poor performance
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The FIFA World Cup in Qatar is boosting the value of national soccer team fan tokens despite the cryptocurrency bear market.World Cup Qatar hype boosts fan token pricesThese digital fan tokens are currently rallying despite the cryptocurrency market downturn, securing up to 170% gains from the Nov. 10 lows. At the core of
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Fan tokens are cryptocurrencies that represent membership to a community, for example a sports team’s fan base. Token holders can express their support to a team, while they receive specific perks, including game tickets or even some level of participation in a sports club’s decision-making. Source
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In the past seven days, fan tokens of the Peruvian national football team (FPFT), Spain's national team (SNFT), and Brazil's national team (BFT) have rallied 29%, 17% and 12%, respectively, according to data source CoinGecko. Fan tokens of Turkish and Argentinian teams have risen by 10% and 9%. Source
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Instead, Mercury wants to focus attention on the potential for creating hyperlocal fan clubs using the company’s digital collectibles. It is building platforms for the Clemson Tigers, the Villanova Wildcats and other NCAA Division I sports powerhouses to give fans access to memorable experiences, including interviews with players, and running
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