Binance is proud to announce their new strategic partnership with a fintech blockchain company that provides sports and entertainment entities, Chiliz.
An early investor in Chiliz, Binance has extended the partnership with additional investments into the leading venture in the fintech sports space, ensuring a partnership vision for the long-term. The first milestone of the partnership will be Fan Tokens allocation through Binance Launchpool.
Chiliz operates Socios.com, a fan influence and rewards platform, which has partnerships with some of the biggest sporting properties in the world including football teams FC Barcelona, Juventus, Paris Saint-Germain, Galatasaray, AS Roma & Atletico de Madrid; Esports teams OG and NAVI, and the UFC. Powered by the utility token $CHZ, Socios.com is one of the most active non-financial, consumer-facing mainstream blockchain products in the world. In just over a year it has been downloaded by more than 370,000 people, over 14 mln Fan Tokens have been sold, and over 700,000 votes registered on the blockchain. FC Barcelona’s ($BAR) Fan Token Offering sold out in 20 minutes, generating $1.3m, whilst Turkish team Trabzonspor’s FTO generated 5 million TRY in less than 5 minutes.
With Binance Launchpool, users are able to acquire new token rewards in return for staking different tokens. The first Socios.com partners to benefit from Binance LaunchPool will be Paris Saint-Germain (PSG) and Italian champions Juventus (JUV) Fan Tokens. Users will be able to stake BNB, BUSD, or CHZ tokens into separate pools, starting from 2020/12/15 at 0:00 AM (UTC) to 2021/1/14 at 0:00 AM (UTC)
Binance will then list Paris Saint-Germain Fan Tokens (PSG) and Juventus Fan Tokens (JUV) in the innovation zone at 2020/12/21 6:00 AM (UTC) and open trading for PSG/BTC, PSG/USDT, PSG/BUSD, JUV/BTC, JUV/USDT and JUV/BUSD trading pairs.
“Chiliz became a part of the crypto world through Fan Tokens, which has shown huge potential in bringing crypto to mainstream audiences all around the world,” said Binance CEO and Founder, CZ (Changpeng Zhao). “We’re delighted to welcome Chiliz to the Binance ecosystem and look forward to empowering both fan engagement and crypto adoption among a captive audience of billions”.
“Binance has been a strong supporter of Chiliz since day one, but this new partnership really seals our original vision of tokenizing the sports & entertainment industry over the next 5-7 years. In just under 3 years, we have already established ourselves as the leading force in this space, but this partnership gives us renewed strength and credibility to create the leading global fan engagement & monetization ecosystem,” said Alexandre Dreyfus, CEO & Founder of Chiliz. “Chiliz aims to onboard many more partners from the worlds of sports & entertainment over the next few years. With new features, gamification, leaderboards & NFT-based events being released in the coming weeks, Socios.com is the leading venture in this space. Whilst Socios.com is the utility platform, $CHZ – the app’s exclusive currency – is the utility token that sits between hundreds of thousands of branded digital assets.”
Fandoms Unite at the Inaugural NEXUS FAN FAIR, Organised by Philippine Blockchain Week 2023, in Manila on Sept. 19-21
Pop culture universes will collide when the first-ever NEXUS FAN FAIR launches in the Philippines. Presented by Tier One Entertainment and organised by Philippine Blockchain Week 2023 (PBW) from September 19 to 21 at the MGBX Convention Hall in Newport World Resorts’ Marriott Grand Ballroom, NEXUS FAN FAIR will be an epic celebration for fans of gaming, technology, entertainment, music and more.
Fans of every kind will enjoy browsing the expo area, where merchant booths will offer a variety of games, merchandise and other collectibles. The electrifying event will feature top tier talents such as world champion-caliber esports team Blacklist International, alongside renowned streamers and content creators. Ticket holders will have the exclusive opportunity to win exciting giveaways and collectibles unavailable anywhere else. In addition, the community stage will host a series of engaging talks and panel discussions featuring handpicked artists, influencers and celebrities, all of whom will be available for Meet-and-Greets.
Meanwhile, at Philippine Blockchain Week, K-Pop followers will get a special treat with the debut Southeast Asian performance of the TripleS sub-unit EVOLution, hot on the release of their sister sub-unit LOVElution’s first album. As a special bundle, tickets for NEXUS FAN FAIR will be free of charge for fans who purchase an EVOLution concert ticket.
Since 2017, Tier One Entertainment has led the field in esports and gaming entertainment in Southeast Asia. With NEXUS FAN FAIR, Tier One will solidify their position as the premiere destination for pop culture lifestyle.
NEXUS FAN FAIR is organised by Philippine Blockchain Week 2023 with the participation of platinum sponsors Smart Communications and Philippine Airlines; gold sponsors Metafarms and TierOne Entertainment; and bronze sponsors Gala Games, Assemble Stream Inc, Maya Philippines and technology partner Xctuality Pte Ltd. PBW’s official legal partner is Gorriceta Africa Cauton & Saavedra, while platinum media partners include DOOH and Rakuten Viber; gold media partners are CNN Philippines, Forkast News, Philstar Media Group and YourPRStrategist; and silver media partners are Jinse Finance and KTRO Media.
BetConstruct Introduces New Possibilities with Multi-Wallet & Custom Token Features
As one of the pioneers bringing crypto technologies to the iGaming world, BetConstruct constantly creates offerings for businesses to dive into new opportunities.
BetConstruct’s latest innovative solutions, as of today, are the Multi-Wallet and Custom Token features, created to tie crypto and iGaming businesses with tighter knots.
The multi-wallet solution is promised to become a game-changer for players and partners alike. Now, users can seamlessly manage multiple wallets, including cryptocurrencies and fiat, for deposits, withdrawals, and gameplay, without the need for conversions. The solution also makes the integration with preferred crypto wallets like Metamask easy and accessible to everyone.
In addition, partners can also tap into this solution to create new Custom Tokens – mirroring the success of FTN. These tokens, created on Bahamut and powered by smart contract software, feature customisable variables to suit diverse business needs.
Regarding the technical aspects of the offer, BetConstruct support extends to maintaining the token listings on both centralised and decentralised exchanges, including technical backing of liquidity management, market-making, promotions, and marketing.
Moreover, legal inquiries find a resolution as well. BetConstruct offers help in forming token-issuing entities, drafting and reviewing whitepapers, providing legal opinions, setting up bank accounts, preparing agreements, and acquiring crypto exchange licences across various jurisdictions.
Stepping into a new era, BetConstruct is revolutionising the crypto-iGaming landscape with its user-friendly Multi-Wallet & Custom Token features. The new crypto management and token personalisation solutions are believed to mark a significant leap forward, forging stronger connections for businesses to explore a realm of exciting possibilities.
Bahamut Successfully Passes Hexens’ and Certik’s Audit: Strengthening Trust through Transparency and Security
Bahamut has successfully passed the audit by Hexens and Certik. This technical and economic assessment is an essential part of the commitment to maintaining high security, transparency, and performance within our blockchain network.
The technical audit scrutinized the codebase, infrastructure, and security protocols, verifying the robustness of the blockchain foundation. Economic modelling was performed regarding activity generation and accumulation to identify any weak spots or ways to exploit the system.
Bahamut emphasizes the importance of transparency and trust. The dual-audit approach assures a comprehensive and multi-dimensional assessment of the systems, fostering greater user confidence.
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