Chiliz News – AC Milan Football In-Game NFT For Fan Token Holder Report Released

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Digital Shoutout, LLC has announced the launch of the world’s first-ever live, in-game NFTs for football fans on its sports and entertainment blockchain resource site, Chiliz News.

Frisco, United States , Nov. 15, 2021 (GLOBE NEWSWIRE) – On October 31st, 2021, Chiliz made history through its fan engagement app, Socios.com. 25 minutes into the match between AC Milan and AS Roma at Stadio Olimpico, AC Milan center forward Zlatan Ibrahimovic scored a goal with a free-kick from outside the area. As the team cheered, a photographer captured the moment, and the world’s first in-game, live NFT was launched.

For more information about the historic first in-game NFT, please visit https://chiliznews.com/ac-milan-football-fan-token-holders-receive-live-nfts-during-as-roma-match

The newly published report details how 100 limited edition NFTs were minted and distributed to holders of the AC Milan fan token, $ACM. The NFTs have a unique value as a sentimental reminder of the moment, as a limited edition item, and as the first-ever in what is likely to become a long line-up of in-game NFTs.

Fan tokens are available through the Socios.com fan engagement app and provide fans with a direct say in how their favorite teams are operated. Token holders have access to exclusive club voting rights, VIP rewards, augmented reality features, games, and competitions. They can also chat with other fans, and occasionally even players.

A week later, Sport Club Corinthians Paulista (SCCP) joined the movement by launching their own in-game NFTs in partnership with Chiliz. The digital assets were given to $SCCP token holders who owned at least 10 tokens and had made a prediction on the outcome of the game using the included predictor feature on the Socios app.

More details are available at https://chiliznews.com/chiliz-partner-s-c-corinthians-will-be-second-football-club-in-the-world-to-mint-in-game-nfts

The minting of digital assets during games has caused a stir with fans, and it seems likely that the trend will continue. As well as being a sentimental reminder, the NFTs have been gathering monetary value and can be traded on any Ethereum based NFT marketplace, such as OpenSea.

Story continues

Not to be left behind, Valencia CF has rushed to be the first Spanish football club to reward fans with digital assets. A memorable in-game moment will be captured, digitized, and air-dropped to token holders. 100 fans with at least 10 $VCF tokens who made an accurate prediction using the Socios app can expect to receive a special NFT of their own.

The Socios.com fan engagement app is quickly becoming widespread, with over 1.3 million users from 167 different countries. The service has partnered with major sporting organizations in over 20 countries, including the NBA, NHL, and F1.

For more information, please visit https://chiliznews.com/valencia-cf-to-release-live-nfts-during-laliga-match-against-atletico-de-madrid

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Website: https://chiliznews.com

CONTACT: Name: Phil E. Email: phil@digitalshoutout.com Organization: Digital Shoutout, LLC Address: 5570 FM 423 Suite 250-197, Frisco, Texas 75036, United States

What are the top NFT coins? See our list here!

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What are NFT coins?

With the rapid growth and popularity of NFTs, there are many NFT coins available on the market. NFTs (non-fungible tokens) provide you ownership of any digital artwork, music, videos, collectibles in games, and sports collectibles. Depending on the marketplace, different coins are used on different platforms.

I’ve compiled a list of the top NFT crypto coins.

Decentraland (MANA)

Price: $2.99289

Market cap: $5.44 billion

At the top of the NFT coins list, there’s the MANA NFT coin. Users can use MANA NFT coins to make payments for purchases on the Decentraland Marketplace. Decentraland is powered by Ethereum, a leading blockchain. This Marketplace offers artworks, social games, apps, 3D art, and challenges. Users can purchase and sell digital game assets such as avatar wearables, land, estates, and more. The Decentraland Marketplace is governed by the DAO, so a smart contract governs the organization. MANA is one of the two NFT crypto coins used on Decentraland. MANA is considered an ERC-20 token which requires it to be burned to acquire the NFT ERC-721 LAND coins.

Chiliz (CHZ)

Price: $0.48984

Market cap: $2.9 billion

Chiliz, an NFT coin designed for sports and entertainment, was first generated in 2018 with 8.8BN. This digital currency is used to purchase Fan Tokens to make payments on Socios.com. These Fan Tokens are utility tokens that can be used to purchase VIP rewards, participate in voting polls, access AR-enabled features, forums, and exclusive promotions. It also enables users to compete in global leaderboards. Socios.com is currently the world’s biggest non-exchange blockchain apps.

CHZ is also listed on Coinbase and Binance, the world’s leading cryptocurrency exchanges. CHZ coins are used by fans that support popular sports teams from around the globe. Chiliz has partnered up with some of the most prominent sporting organizations in the world. Each sporting organization that uses the Chiliz technology only has a limited amount of fan tokens referred to as FTO or Fan Token Offering. Every sporting organization using the Chiliz technology has a limited supply of fan tokens offered at an initial FTO (fan token offering).

The Sandbox (SAND)

Price: $2.55670

Market cap: $2.28 billion

SAND is a utility token that is used to make payments on the blockchain-based Sandbox platform. Sandbox is a virtual world with a “play-to-earn model” where you can be both a gamer and a creator. Users can buy and sell and create and build digital game assets. Users can use NFTs to create digital voxel assets, upload them onto the Marketplace, and use the Game Maker to merge them into the game. They can also purchase land from the virtual Sandbox metaverse to increase its value by populating it with digital assets and games. The SAND coin is also used as the governance of the platform.

WAX (WAXP)

Price: $0.76262

Market cap: $1.4 billion

WAXP is the primary token used on WAX. WAX (Worldwide Asset eXchange ecosystem) is a purpose-built NFT blockchain. This means that WAX provides blockchain-based tools for brands to launch an NFT collection, including Marketplaces, dApps, exchanges, and games. WAX is a decentralized network of digital entertainment and games used to create, store, buy, and sell NFTs. WAX prides itself explicitly as a carbon-neutral blockchain.

Chromia (CHR)

Price: $1.07161

Market cap: $460.6 million

The Chromia Platform was first launched with 1 billion CHR tokens generated. According to Chromia, they will create no tokens in the future, so this is the limit of the token supply. CHR is the native token of Chromia, which is used between developers, users, and investors on the platform. CHR is also listed on several of the major cryptocurrency exchanges. CHR is used on the Chromia platform for staking on ecosystems and as payment for hosting fees. Chromia is an independent public blockchain focused on games and decentralized social networks.

Are you ready for the NFT revolution?

With so many NFT coins on the market, it’s time to enter the Metaverse and start bidding on some items or auctioning them on various marketplaces. I hope this guide has helped you see which coins work best. Please note that the prices indicated as subject to change.

Summary Article Name What are the top NFT coins? See our list here! Description A list of the best NFT coins, the platforms and marketplaces where they can be used, and their current price. Author Shaun Publisher Ghacks Technology News Logo

Football industry embraces crypto as Messi helps ‘fan tokens’ take off

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When Paris Saint-Germain signed Lionel Messi , the salary package included something previously unheard of for a player – a one-off payment, understood to be worth around one million euros ($1.15m), made in PSG ‘fan tokens’.It was the result of a partnership signed by the French giants in 2018 with Socios.com which sees fans use a cryptocurrency called ' chiliz ' to buy tokens allowing them to vote on issues related to the club.These issues have tended to be rather mundane, for example Juventus asking what music they should play in their stadium, but the concept has caught on.The company has grown quickly since signing its first partnerships with PSG and Juventus to being involved with 56 football clubs and around 100 sports teams worldwide, says CEO Alexandre Dreyfus.Messi has brought more publicity, and Dreyfus believes the Argentinian will “set a trend”.“This is more a top-up that is never going to replace any compensation. It is more like a bonus, but it is a bonus that at some point players will start to ask for,” Dreyfus tells AFP from his office in Malta.“We hope that in two years, during the ‘mercato’ (transfer window), a player will say: ‘Yes I am going to that team but they had better give me a million dollars of fan tokens’.“Dreyfus admits the pandemic and resulting economic crisis has benefited his company, allowing them to multiply their partnerships.“The fact is that clubs suddenly lost 50 or 70 or 80 percent of their revenue, and they realised: ‘Hey, we have fans all over the world, what can we sell them?'“They now have shirt sponsorship deals with Inter Milan and Valencia, promoting their fan tokens.New analysis by KPMG Football Benchmark shows that over 40 shirt sponsorship deals have been signed in Europe’s five biggest leagues since the pandemic’s onset.It says Inter doubled income by switching from Pirelli to Socios.com and a deal worth $23.57 million.There is a mini-revolution happening as businesses related to cryptocurrency have started appearing on shirts.In July, Roma announced a three-year deal worth $14 million annually that sees their shirts carry the name of DigitalBits, “an easy-to-use open-source blockchain used to power consumer digital assets”.“Not only can fans witness history, but they can now own part of it,” boasted Roma. “Get ready to trade and collect. Join us as we step into the future of football.“The emergence of crypto-related businesses in football comes as countries are introducing regulation to clamp down on gambling sponsorship – a ban is in place in Spain, for example, while the UK government is considering one.“The door is ajar for new companies to stick their foot in,” say KPMG.“Something has to fill the void and fan tokens, or something which is not defined as gambling but is gambling, are likely to be the big ticket in town,” Kieran Maguire, a lecturer in football finance at Liverpool University, tells AFP.There are concerns about curious punters being drawn into using crypto-related products without having a proper understanding.To highlight their volatility, the value of ‘chiliz’ – a less well-known cryptocurrency than, say, Bitcoin – shot up 58 percent in the four weeks after Messi’s arrival.“Ultimately these are speculative products. Someone described them to me as gambling with a small G,” says Maguire.Meanwhile, some supporter groups have criticised their clubs for embracing fan tokens.Aston Villa Supporters Trust told Joe.co.uk their club’s agreement with Socios.com was “wholly inappropriate” and questioned why fan engagement should be monetised.Maguire says: “The clubs are targeting the ‘non-legacy fans’ and asking: ‘Can we make some money out of these new fans?'“If we take Manchester United, they claim to have 1.1 billion fans and in a normal year they will make around 600 million pounds ($805m) in revenue. So that works out as about 55 pence per fan per year. That’s pretty bad.“For the clubs, this is where Dreyfus – a founder of French online gambling and poker company Winamax – comes in.“We are talking about two different generations that are not fighting against each other, they just don’t see the same things,” he insists.“I always joke saying we are not targeting a guy who has a tattoo and lives next to the stadium.“Our market is really more about the digital fans, casual fans all over the world that consume sports differently to you and me historically.”

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Barcelona announced via its official website that it was ending its relationship with Ownix, after less than a month of inking a deal, while Manchester City FC looks to gain insight into its new sponsor, 3Key, prompted by its lack of a digital presence.

Top cryptocurrency prices today: Binance Coin, Solana, Dogecoin shed up to 6%

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New Delhi: The cryptocurrency cart continued to bleed on Wednesday amidst volatility in the market. Barring the two dollar-pegged stablecoins, all other eight out of the top 10 cryptocurrencies were trading with cuts at 9.30 hours IST. Solana and Binance Coin shed 6 per cent, whereas Dogecoin and XRP tanked 5 per cent each.The global crypto market cap declined about 3 per cent to $2.57 trillion mark compared to the last day. However, the total crypto market volume zoomed about 24 per cent to $143.10 billion.In the meantime, ET reported that the Indian government is unlikely to shut the door on cryptocurrencies and instead take a nuanced approach. They may not be permitted as currency to settle transactions and make payments but could be held as an asset like shares, gold or bonds.Chiliz (CHZ) is a leading digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement and rewards platform Socios.com. As the exclusive on-platform currency, fans use CHZ to purchase these branded fan tokens.This gives users influential decision-making power by allowing them to vote on polls within the Socios app. Chiliz fan tokens continue to generate significant trading volumes. To date, Chiliz fan token volume has exceeded $40 billion, most of which has come in the past year alone.Chiliz, post consolidating between $0.35 to $0.28, gave a breakout on 30th October and skyrocketed upto $0.65. However, the asset was not able to sustain at higher levels and witnessed profit booking from its recent high. Technically on the daily time frame, CHZ is making a ‘Pennant Pattern’ (Continuous Pattern).Once the breakout occurs above the pattern with good volumes, then we can expect another rally whereas a break below the pattern may lead to further downfall.Support: $0.42, $0.365Resistance: $0.5975, $0.657(Time is in UTC and the daily time frame is 12:00 AM - 12:00 PM UTC)(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)

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