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Chiliz combines blockchain technology and sports, using a proof of authority consensus mechanism to enable sports fans to engage with their favorite teams.

Chiliz has launched the Dragon 8 hard fork, marking the first major technical upgrade to its Chiliz Chain since May 2023. The upgrade aims to enhance system performance and compatibility while introducing the Tokenomics 2.0 model. Additionally, South Korean internet giant Naver's payment platform, Naver Pay, announced the release of a beta version of its digital asset wallet service, Naver Pay Wallet. Naver Pay is collaborating with Chiliz, a blockchain company focused on sports and entertainment, to offer a rich array of Web3 content and exclusive activities to users participating in the beta test. This collaboration signifies an opportunity for sports fans to engage more deeply with their supported teams through blockchain technology, creating new growth potential for the sports entertainment industry.

This article introduces the SportFi (Sports Finance) project Chiliz.

This article introduces the SportFi (Sports Finance) project Chiliz.

This article takes an in-depth look at the current landscape of fan tokens, addressing legal and regulatory concerns, and explaining how to buy them. Fan tokens, a new type of crypto asset, give holders the chance to influence decisions made by their favorite teams or brands while also gaining access to exclusive perks. The article explores the potential value of fan tokens, their market volatility, and how they are perceived in the broader cryptocurrency space. It also provides a step-by-step guide to buying fan tokens, along with recommended platforms.

Security tokens are intended to be investments, whereas utility tokens frequently have a specific use-case within the ecosystem of the issuing company.

This year's World Cup is a new and exciting experiment for fans and clubs, with innovative applications centered on football IP such as blockchain, NFT, and fan tokens, as well as interactive methods based on new scenarios, displaying a richer form than ever before. We believe this wave will lead more people into the innovative world of Web3.

As one of the earliest exchanges to implement Proof of Reserve, Gate.io once again upgrades its Proof-of-Reserves solution using zk-SNARK technology. This article will guide you through how to use the open-source technology provided by Gate.io to verify the security of your exchange assets and personal assets on your own device.