• Chiliz (CHZ) has launched its Layer-2 blockchain, Chiliz 2.0, and opened Chiliz Labs, a $50M incubator
• Blockasset, a sports NFT collection signed by renowned athletes including Wayne Rooney, Jorge Masvidal and Jonah Lomu is now available on the Chiliz blockchain
• CHZ has declined 18% in the last 30 days, trading at $0.113542 according to CoinGecko
Chiliz Launches Layer-2 Blockchain
Chiliz (CHZ) launched its Layer-2 blockchain, Chiliz 2.0 on February 8th, 2023. The sports-focused blockchain also opened up an incubator called Chiliz Labs with a budget of $50 million.
Blockasset NFTs Join Sports Blockchain Ecosystem
The Blockasset NFT collection signed by over 40 renowned athletes is now available on the Chiliz blockchain after being exclusively available on Solana (SOL). These athletes include British soccer player Wayne Rooney, UFC fighter Jorge Masvidal and rugby superstar Jonah Lomu. In celebration of this new partnership between the two platforms, they are hosting a Twitter Spaces event today at 3 PM CET.
Benefits for NFT Holders
Blockasset holders will be able to gain access to exclusive meet-and-greet events as well as merchandise and signed sports memorabilia that can be both physical or digital. This unique approach verifies content with the athletes rather than algorithmically randomizing it like other platforms do.
CHZ Slides Despite New Developments
The ‚Scoville‘ testnet was considered successful by the crypto community and contributed towards reaching an agreement with Jump Crypto for their upgraded blockchain venture capital company which partnered with Chiliz to create Chiliz Labs. At press time, CHZ trades at $0.113542 according to CoinGecko but has still declined 18% in the last 30 days alone despite these new developments.
Chiliz continues expanding its ecosystem by adding Blockasset NFTs to their platform and investing $50 million into their upgraded blockchain venture capital company created in partnership with Jump Crypto in order to create Chiliz Labs. However, despite these positive developments CHZ still saw a decline of 18% in the last 30 days trading at $0.113542 according to CoinGecko