Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Chiliz
AC Milan teams up with Chiliz to launch fan token for its 450M supporters
Legendary Italian football club AC Milan has teamed up with Chiliz to launch its fan token (ACM). Supporters of the club will be able to participate in the club's governance and benefit from the partnership. Fan Utility Token The AC Milan Fan Token (ACM) is a utility token that will allow the club fans to exert symbolic influence on club decisions using the Socios app. Token holders will participate in surveys, earn non-fungible tokens (NFT) or even participate in exclusive…
4 years ago
Spanish Football Club is the First to Pay for Player’s Transfer Using Bitcoin
Bitcoin’s position as a global currency continues to increase with adoption in different industries across the world. This week, a Spanish football club became the first to pay for a footballer’s transfer with Bitcoin. Football’s First transfer with Bitcoin This historic milestone occurred this week when footballer David Barral joined Spanish third division club DUX International de Madrid. The entire transfer was performed via Bitcoin, with the club not disclosing the total amount paid. The signing of this historic contract…
4 years ago
Football Fan Tokens and the Future of Cryptocurrencies in the Sports Industry
Prestigious European football clubs are the latest to develop a cryptocurrency fan token in partnership with the blockchain company Chilliz. For example, Barca Fan Tokens (BAR) are available worldwide for Barcelona football club fans who can use them to support the club by taking part in polls, and surveys, making purchases, and getting rewards on Chilliz sports and entertainment platform, Socios.com. Barcelona is among many prominent football clubs looking to engage their fans worldwide in club decisions by introducing a fan…
5 years ago
Chiliz Quest for Minting Real Time NFTs Births Chainlink Partnership
On March 4, Chiliz revealed their new partnership with blockchain platform Chainlink, to allow the formation of a real-time Non-fungible token(NFTs). According to the announcement, Chiliz will now be able to utilize Chainlink’s network to trigger the execution of smart contracts based on real-time data and events. This integration will make it possible for Chiliz mint NFTs for partners in real-time, using securely provided data available on Chainlink’s network. Moreover, Chiliz looks forward to launching a Chainlink Price Reference Contract…
5 years ago