{"id":526083,"date":"2023-04-08T07:17:21","date_gmt":"2023-04-08T07:17:21","guid":{"rendered":"https:\/\/wncen.com\/?p=526083"},"modified":"2024-06-11T14:34:57","modified_gmt":"2024-06-11T14:34:57","slug":"chiliz-bullishness-at-9-4","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/chiliz-bullishness-at-9-4\/","title":{"rendered":"Chiliz Hot Streak Sees CHZ Notching 13% Rally Ahead Of Chain 2.0 Launch"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Chiliz is shaking up the sports and entertainment industry with its innovative use of cutting-edge digital assets to elevate fan experiences. At the core of this revolutionary ecosystem lies CHZ, the native token that fuels popular platforms such as Socios.com, ChilizX, and the highly anticipated Chiliz Chain 2.0.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The upcoming public launch of their layer 1 blockchain on May 10 has already resulted in a surge in CHZ&#8217;s popularity. As the token&#8217;s momentum builds, the question on everyone&#8217;s mind is: how high can CHZ&#8217;s value soar in the months to come?<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin-price-poised-to-hit-50000\/?swcfpc=1\">Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts<\/a><\/div>\n<h2><strong>Chiliz Chain 2.0: The Next Step in Blockchain Evolution<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Chiliz is ushering in a new era of blockchain technology with the launch of <\/span><a href=\"https:\/\/twitter.com\/Chiliz\/status\/24237569\" rel=\"nofollow\"><span style=\"font-weight: 400\">Chiliz Chain 2.0<\/span><\/a><span style=\"font-weight: 400\"> &#8211; a fork of the BNB Chain that operates on a proof-of-stake authority (PoSA) consensus mechanism. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This groundbreaking technology allows for shorter block times, reduced fees, and lower energy consumption. Moreover, the new chain remains compatible with Ethereum and is powered by the native CHZ token.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Public launch of the new Sports Blockchain_<br \/>\n\ud835\udc13\ud835\udc21\ud835\udc1e \ud835\udfcf\ud835\udfce\ud835\udc2d\ud835\udc21 \ud835\udc28\ud835\udc1f \ud835\udc0c\ud835\udc1a\ud835\udc32 \ud83d\udd12<a href=\"https:\/\/twitter.com\/hashtag\/ChilizBlockchain?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#ChilizBlockchain<\/a> \u26a1\ufe0f <a href=\"https:\/\/twitter.com\/search?q=%24CHZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$CHZ<\/a> <a href=\"https:\/\/t.co\/xNHnCfriin\" rel=\"nofollow\">pic.twitter.com\/xNHnCfriin<\/a><\/p>\n<p>\u2014 Chiliz ($CHZ) &#8211; Powering Socios.com \u26a1 (@Chiliz) <a href=\"https:\/\/twitter.com\/Chiliz\/status\/24237569?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 28, 2023<\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Since the announcement of the launch, the hype surrounding Chiliz Chain 2.0 has caused a surge in the value of CHZ. According to <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/chiliz\" rel=\"nofollow\"><span style=\"font-weight: 400\">Coingecko data<\/span><\/a><span style=\"font-weight: 400\">, CHZ is currently trading at $0.1360, representing a 24-hour rally of 7% and an impressive seven-day increase of 13%. With the launch of this game-changing blockchain, the sky&#8217;s the limit for the future of CHZ.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-526085 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?resize=1144%2C59\" alt=\"\" width=\"1144\" height=\"59\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?w=1144 1144w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?w=1140 1140w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/c.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">Source: Coingecko<\/pre>\n<h2><strong>CHZ: Beyond Fan Tokens<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Chiliz has become a major player in the fan token frenzy, providing specialized cryptocurrencies for popular sports teams like Arsenal, Manchester City, and Paris Saint-Germain, among others. These tokens enable fans to participate in team decisions, such as voting on new uniforms and stadium names.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But Chiliz isn&#8217;t content with just fan tokens. To attract new partners to its ecosystem, the sports-centric crypto project <\/span><a href=\"https:\/\/medium.com\/chiliz\/chiliz-launches-50m-incubator-chiliz-labs-backed-by-jump-crypto-71386968e54e\" rel=\"nofollow\"><span style=\"font-weight: 400\">announced<\/span><\/a><span style=\"font-weight: 400\"> a $50 million incubator on March 1, backed by Jump Crypto. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The objective of the incubator is to allocate funds towards promising Web3 startups in the sports and entertainment industries, which can leverage the Chiliz Chain for their projects.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/k4ULjpjV\/\" width=\"2047\" height=\"979\"><\/p>\n<pre style=\"text-align: center\">CHZUSD pair trading at $0.136100 on the daily chart at <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a>.<\/pre>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/little-known-crypto-beats-top-rivals\/\">Little-Known Crypto Beats Top 100 Rivals With 23% Rally On Good Friday <\/a><\/div>\n<p><span style=\"font-weight: 400\">Chiliz is not resting on its laurels when it comes to expanding its ecosystem. Currently, eight to ten projects are already in the works, with plans to build on the Chiliz Chain network. Additionally, the company is investing in other enterprises to expand its influence in the sports and entertainment sector.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">One such investment is the acquisition of a 20% stake in MatchWornShirt, an auction site for player jerseys. The company will now use blockchain technology to authenticate the items, making it a valuable addition to the Chiliz portfolio.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With its sights set on innovation and growth, Chiliz is positioning itself as a leader in the rapidly evolving world of sports and entertainment technology.<\/span><\/p>\n<p><em>-Featured image from Wikimedia Commons<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chiliz is shaking up the sports and entertainment industry with its innovative use of cutting-edge digital assets to elevate fan experiences. At the core of this revolutionary ecosystem lies CHZ, the native token that fuels popular platforms such as Socios.com, ChilizX, and the highly anticipated Chiliz Chain 2.0.\u00a0 The upcoming public launch of their layer 1 blockchain on May 10 has already resulted in a surge in CHZ&#8217;s popularity. As the token&#8217;s momentum builds, the question on everyone&#8217;s mind is: how high can CHZ&#8217;s value soar in the months to come? Related Reading: Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts Chiliz Chain 2.0: The Next Step in Blockchain Evolution Chiliz is ushering in a new era of blockchain technology with the launch of Chiliz Chain 2.0 &#8211; a fork of the BNB Chain that operates on a proof-of-stake authority (PoSA) consensus mechanism. This groundbreaking technology allows for shorter block times, reduced fees, and lower energy consumption. Moreover, the new chain remains compatible with Ethereum and is powered by the native CHZ token. Public launch of the new Sports Blockchain_ \ud835\udc13\ud835\udc21\ud835\udc1e \ud835\udfcf\ud835\udfce\ud835\udc2d\ud835\udc21 \ud835\udc28\ud835\udc1f \ud835\udc0c\ud835\udc1a\ud835\udc32 \ud83d\udd12#ChilizBlockchain \u26a1\ufe0f $CHZ pic.twitter.com\/xNHnCfriin \u2014 Chiliz ($CHZ) &#8211; Powering Socios.com \u26a1 (@Chiliz) March 28, 2023 Since the announcement of the launch, the hype surrounding Chiliz Chain 2.0 has caused a surge in the value of CHZ. According to Coingecko data, CHZ is currently trading at $0.1360, representing a 24-hour rally of 7% and an impressive seven-day increase of 13%. With the launch of this game-changing blockchain, the sky&#8217;s the limit for the future of CHZ. Source: Coingecko CHZ: Beyond Fan Tokens Chiliz has become a major player in the fan token frenzy, providing specialized cryptocurrencies for popular sports teams like Arsenal, Manchester City, and Paris Saint-Germain, among others. These tokens enable fans to participate in team decisions, such as voting on new uniforms and stadium names. But Chiliz isn&#8217;t content with just fan tokens. To attract new partners to its ecosystem, the sports-centric crypto project announced a $50 million incubator on March 1, backed by Jump Crypto. The objective of the incubator is to allocate funds towards promising Web3 startups in the sports and entertainment industries, which can leverage the Chiliz Chain for their projects. CHZUSD pair trading at $0.136100 on the daily chart at TradingView.com. Related Reading: Little-Known Crypto Beats Top 100 Rivals With 23% Rally On Good Friday Chiliz is not resting on its laurels when it comes to expanding its ecosystem. Currently, eight to ten projects are already in the works, with plans to build on the Chiliz Chain network. Additionally, the company is investing in other enterprises to expand its influence in the sports and entertainment sector.\u00a0 One such investment is the acquisition of a 20% stake in MatchWornShirt, an auction site for player jerseys. The company will now use blockchain technology to authenticate the items, making it a valuable addition to the Chiliz portfolio. With its sights set on innovation and growth, Chiliz is positioning itself as a leader in the rapidly evolving world of sports and entertainment technology. -Featured image from Wikimedia Commons<\/p>\n","protected":false},"author":557,"featured_media":526087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[88088,86883,87195,4735],"class_list":["post-526083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-chiliz-chain-2-0","tag-chz-price","tag-fan-tokens","tag-price-action"],"acf":[],"yoast_head":"\n<title>Chiliz Maintains Bullish Path At 9.4% Ahead Of Chain 2.0 Launch<\/title>\n<meta name=\"description\" content=\"Chiliz is shaking up the sports and entertainment industry with its innovative use of cutting-edge digital assets to elevate fan experiences. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Chiliz Hot Streak Sees CHZ Notching 13% Rally Ahead Of Chain 2.0 Launch","url":"http:\/\/wncen.com\/news\/chiliz-bullishness-at-9-4\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/chiliz-bullishness-at-9-4\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-28.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-28.png?fit=801%2C526"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["chiliz chain 2.0","chz price","fan tokens","price action"],"dateCreated":"2023-04-08T07:17:21Z","datePublished":"2023-04-08T07:17:21Z","dateModified":"2024-06-11T14:34:57Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Chiliz Hot Streak Sees CHZ Notching 13% Rally Ahead Of Chain 2.0 Launch\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/chiliz-bullishness-at-9-4\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/chiliz-bullishness-at-9-4\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-28.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-28.png?fit=801%2C526\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"chiliz chain 2.0\",\"chz price\",\"fan tokens\",\"price action\"],\"dateCreated\":\"2023-04-08T07:17:21Z\",\"datePublished\":\"2023-04-08T07:17:21Z\",\"dateModified\":\"2024-06-11T14:34:57Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-28.png?fit=801%2C526","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/526083"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=526083"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/526083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/526087"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=526083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=526083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=526083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}