Di. Sep 26th, 2023

• Chiliz launched Layer-2 Chiliz 2.0 and opened an incubator with a $50M fund.
• Blockasset, the sports NFT collection signed by over 40 athletes, is now available on the Chiliz blockchain after being exclusively available on Solana (SOL).
• Despite the launch of Chiliz 2.0, CHZ has declined 10% in the last 30 days.

Chiliz Launches Layer-2

Chiliz recently launched its Layer-2 blockchain and opened an associated incubator program with a $50 million fund. The sports-focused blockchain seeks to expand its ecosystem further by onboarding Blockasset, an NFT collection signed by more than 40 renowned athletes.

Blockasset Joins Chiliz Ecosystem

Blockasset is a sports NFT collection backed by top athletes such as Wayne Rooney, Jorge Masvidal and Jonah Lomu among others. In celebration of this new partnership, Chiliz and Blockasset are holding a Twitter Spaces event today at 3 PM CET. Additionally, Blockasset holders will be able to gain access to exclusive meet-and-greet events, merchandise and signed memorabilia both physical and digital. The unique approach adopted by Blockasset involves verifying content with athletes rather than algorithmically randomizing NFTs.

CHZ Slides Despite Launch

The ‚Scoville‘ testnet was deemed successful by the crypto community and contributed towards reaching an agreement with Jump Crypto for creating Chiliz Labs – investing $50 million into the project already onboarding big names like Fanest and LiveLike to their upgraded blockchain. Despite this progress however, CHZ has declined 18% in the last 30 days – losing another 5% at press time trading at $0.113542 according to CoinGecko rankings for #77 altcoins.

Twitter Space Event Today

In celebration of this new partnership between Chiliz & Blockasset, they are hosting a Twitter Space event today at 3 PM CET where Chief Strategy Officer of Chiliz @Max_Rabinovitch & CEO of @Blockassetco Paul Evans will be discussing it in detail: https://t.co/iumQFNGYnc⚡️ $CHZ

Conclusion

Chiliz continues expanding its sports blockchain ecosystem with the addition of Blockassets – providing holders exclusive access to meet-and-greets events as well as merchandise & signed memorabilia both physical & digital – whilst adopting a unique approach that verifies content with athletes rather than algorithmically randomizing NFTs . Despite this progress however CHZ has slid 10% in the last 30 days trading at $0 .113542 according to CoinGecko rankings #77 altcoins

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