The digital currency world has been buzzing with developments focusing on Chiliz (CHZ). Various predictions point towards Chiliz reclaiming the $1 mark by 2024, signifying a strong potential for growth. Notably, South Korean tech giant, Naver, has launched a crypto wallet in partnership with Chiliz, propelling into the South Korean market and increasing Chiliz's exposure to Naver's 33M users. Moving further towards sports-centric blockchain solutions, Chiliz has had notable partnerships with the K-League and Web3.0 fantasy specialist, Unagi. Additionally, SBI digital assets are forming a joint venture with Chiliz, consolidating its position within the fan token blockchain sphere.
Major exchanges like OKX have recognized Chiliz's potential, evident in OKX's agreement with Chiliz for the $3.7bn sports coin market. Significantly, Chiliz's price has shown a positive upward trend, with analysts targeting prices of $0.26 and $0.43. Mainsteam adoption is being achieved, for instance, Garanti BBVA has added Chiliz to its crypto app and Naver Pay launched a digital assets wallet with Chiliz. However, it's important to note that the CHZ token has caught the attention of the SEC.
Keeping up with blockchain developments, Chiliz has unveiled the Dragon8 hard fork with enhanced tokenomics. It has garnered support from major platforms like Binance, showing solid industry faith. Collaborative efforts continue to enhance adoption of onchain sports prediction markets, with the likes of Azuro partnering with Chiliz. The future appears promising for Chiliz with plans of introducing fan tokens to the Japanese market in partnership with SBI Digital Asset Holdings.
Chiliz News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Tue, 03 Sep 2024 10:26:37 GMT - Rating 6 - Innovation 7 - Information 7 - Rumor 4