El token de Chiliz crece un 1600% en 2 semanas
The CHZ token of the cryptocurrency platform Chiliz, created to interact with sports fans powered by Socios.com, has grown by 1600% in the past two weeks.
The first IFO of the token took place on March 3, when the developers enlisted the support of OKEx, which not only listed the token on the marketplace, but also awarded a free “portion” of coins to those who purchased CHZ until March 10. Or he already stored the cryptocurrency in his OKEx account or crypto wallet.
Initially, the plans of the creators of the token were extremely modest. $ 75,000 in GAL equivalent - Galatasaray club fans' tokens and a similar amount for TRA - Trabzonspor club coins. But in the end, even these small initiatives resulted in the subsequent growth of CHZ by 1600% and a capitalization of $ 3.8 billion.At the time of this writing, the cost of one token is $ 0.70.
There is a high probability that sports fans have bought batches of tokens in anticipation of future distributions during the next listings. The latest was the addition of CHZ at Changelly.
Considering the partnership agreements of the representatives of the crypto startup with 23 large sports organizations for the launch of personal tokens of teams in the future, it seems that this very future for the token is very cloudless. Just look at the list of clubs cooperating with Chiliz, such as FC Barcelona, AC Milan, Atlético de Madrid and other famous organizations.
In just a year, the blockchain product of the Socios.com platform was downloaded by more than 500,000 people, and last year fan tokens brought Chiliz $ 30 million in revenue. In early March 2021, the startup invested $ 50 million in expansion in the United States, and in the very near future intends to open offices in Madrid and New York.