CHILIZ TAPS ANKR TO DEVELOP CHILIZ CHAIN 2.0: THE BLOCKCHAIN FOR SPORTS AND ENTERTAINMENT

When CHILIZ launched its first game, it was one of the very first games to do so on the blockchain. However, developers at CHILIZ realized that a lot needed to be done in order for them to realize their vision and design an innovative platform for gamers all over the world. That’s why they are now working with ANKR Studios Ltd.

The “CHILIZ TAPS ANKR TO DEVELOP CHILIZ CHAIN 2.0: THE BLOCKCHAIN FOR SPORTS AND ENTERTAINMENT” is a project that will use the blockchain to provide a decentralized platform for sports and entertainment. The main utility of the chz token is the ability to access content on the platform.

A look at the main technical details of Chiliz Chain 2.0

  • Chiliz Chain 2.0 (CC2) will be an evolution of the BSC, designed for the sports and entertainment industries, allowing big brands to create Fan Tokens, NFTs, and other digital assets on the new blockchain, with all fees paid in Chiliz $CHZ.
  • The CC2 will focus on IP and consumer protection, laying the groundwork for a legitimate and secure future for sports and entertainment on the blockchain.
  • The CC2 will be compatible with EVM. Compatibility with Ethereum and Solidity
  • The CC2 will have low gas costs (paid in $CHZ) that are at least 500 times lower than ETH, reducing constraints and allowing a community of authentic sports and entertainment brand developers to flourish.
  • The CC2 will also include the first iteration of Chiliz staking, which will encourage $CHZ holders to verify their tokens.
  • The public launch of CC2’s testnet is currently planned for the first quarter of this year.

Chiliz, the leading blockchain provider for the sports and entertainment industries, announced a partnership with Ankr to lead the development of Chiliz Chain 2.0 on February 9th (CC2). The infrastructure provider Web3 will become the primary CC2 implementer by releasing a validater and offering its nud hosting services.

Chiliz is poised to open its ecosystem to a far larger audience in 2022, having already paved the way for the widespread use of blockchain technology by elite sports organizations with the Fans Tokens and the Fans Socios.com interaction platform.

CC2 will be the catalyst for a wider adoption of blockchain technology in the sports and entertainment industries, with brands from both industries, as well as new vertical projects, invited to build Fan Tokens, NFTs, and other digital assets on the new blockchain, with all fees paid in the Chilian Token $CHZ. Ankr will contribute to the realization of this ambition as a first-tier decentralized infrastructure provider.

“With the solid foundations provided by Ankr, the Chiliz 2.0 chain has the potential to become a blockchain that changes the game and has a profound impact, not only in the blockchain space, but across the entire landscape of sport and public entertainment,” said Alexandre Dreyfus, PDG of Chiliz and Socios.com.

“Socios.com is no longer the only mastermind behind $CHZ’s history, and it is free to evolve in order to better meet the needs of its expanding partners, not to mention the millions of followers throughout the world.”

“And, as Socios.com continues to grow at a quick pace, we are excited to see the emergence of a much larger Chiliz story and a multifaceted future for $CHZ as a network facilitator for the new ECO system expansion of the Chiliz 2.0 chain.”

The launch of CC2 will significantly increase the value of $CHZ, transforming it from a transactional token used just by Socios.com to a network facilitator of a new blockchain created for the whole global sports and entertainment industry.

“Nous avons assisted and supported Chiliz and Socios.com in the redefinition of the world of sport and entertainment using blockchain technology for many years,” Chandler Song, PDG of Ankr, said. We are ecstatic to be the partner that will assist in taking this project to the next level.”

CC2 will also be the site of the first Chiliz itération on the blockchain, causing $CHZ holders to double-check their Tokens. Furthermore, the launch of CC2 will encourage the creation of Chiliz Labs, an accelerator program that will encourage projects looking to exploit and use blockchain in sports and entertainment to rely on CC2.

Chiliz is the creator of Fan Tokens and the fan interaction program Socios.com. More than 120 sports organizations across the world have already used Socios.com’s cutting-edge blockchain technology to strengthen and improve their fans’ experience. Socios.com’s roster includes footballing giants like as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, Inter Milan, and Arsenal, among others, as well as major MMA brands, Formula One teams, esports clubs, and NHL, NFL, MLS, and NBA franchises.

The public launch of Chiliz Chain 2.0’s testnet is currently planned for the first quarter of this year.

coins similar to chiliz” are cryptocurrencies that function similarly to the CHILIZ coin. They have a different name, but they are all very similar. “The coins similar to chiliz” are often referred to as NFTs, or non-fungible tokens. The “CHILIZ TAPS ANKR TO DEVELOP CHILIZ CHAIN 2.0: THE BLOCKCHAIN FOR SPORTS AND ENTERTAINMENT” is an example of a blockchain for sports and entertainment.

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