CHILIZ TAPS ANKR TO DEVELOP CHILIZ CHAIN 2.0: THE BLOCKCHAIN FOR SPORTS AND ENTERTAINMENT
Chiliz Chain 2.0 — Overview of key technical details
- Chiliz Chain 2.0 (CC2) will be an evolution of BSC, created for the sports and entertainment sectors, enabling leading brands to build Fan Tokens, NFTs and other digital assets on the new blockchain, with all fees to be paid in Chiliz native token $CHZ.
- CC2 will be focused on protecting IPs and consumers, laying the foundations for an authentic, prosperous future for sports and entertainment in blockchain.
- CC2 will be EVM compatible. Backward compatibility with Ethereum and Solidity.
- CC2 will have low gas fees (paid in $CHZ) at least 500x cheaper than ETH to reduce constraints and open the gates for a community of developers from authentic sports and entertainment brands to flourish.
- CC2 will also witness Chiliz’ first iteration of staking, incentivizing $CHZ holders to lock up their tokens.
- The public testnet launch for CC2 is currently scheduled for Q1 of this year.
FEBRUARY 09TH: Chiliz, the leading blockchain provider for the sports and entertainment sectors, has announced a partnership with Ankr to lead development of Chiliz Chain 2.0 (CC2). By launching a validator and offering its easy-to-use node hosting services, the Web3 infrastructure provider will become the major implementer of CC2.
Having already pioneered the widespread use of blockchain technology by elite sporting organisations through Fan Tokens and the Socios.com fan engagement platform, Chiliz is now primed to open its ecosystem to a far wider audience in 2022.
CC2 will be the catalyst for the broader adoption of blockchain technology across sports and entertainment, with brands from both sectors, alongside projects from new verticals, invited to build Fan Tokens, NFTs and other digital assets on the new blockchain, with all fees to be paid in Chiliz native token $CHZ. As a leading decentralized infrastructure provider, Ankr will help bring this vision to life.
Alexandre Dreyfus, CEO of Chiliz and Socios.com said: “With the rock solid foundations provided by Ankr, Chiliz Chain 2.0 has the potential to become a game-changing blockchain that will have a profound impact, not only in the blockchain space, but across the entire landscape of mainstream sports and entertainment.
“Socios.com is no longer the sole steward of the $CHZ story and is free to evolve to best fit the needs of its ever expanding roster of partners, not to mention the millions of fans around the world.
“And, while Socios.com will continue to grow rapidly, we look forward to the emergence of a much broader Chiliz narrative and a multifunctional future for $CHZ as the network enabler of the new expansive Chiliz Chain 2.0 ecosystem.”
The launch of CC2 will radically increase the utility of $CHZ, evolving it from a transactional token so far utilized only through Socios.com, into the network enabler of a new blockchain created for the entire global sports and entertainment industry.
Ankr CEO Chandler Song added: “We have witnessed and supported Chiliz and Socios.com redefine the world of sports and entertainment with blockchain technology for several years. We are proud to become the partner that will help take this project to the next level.”
Additionally, the launch of CC2 will foster the creation of Chiliz Labs; an accelerator programme that will incentivize projects looking to leverage and utilize blockchain in sports and entertainment to build on CC2.
Chiliz are the creators of Fan Tokens and the Socios.com fan engagement app. Over 130 sporting organizations worldwide have already embraced Socios.com’s cutting-edge blockchain technology to empower and enhance the experience of their fans. The Socios.com roster features football giants such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, Inter Milan and Arsenal amongst others, but also major MMA brands, Formula 1 teams, esports clubs and NHL, NFL, MLS and NBA franchises.
The public testnet launch for Chiliz Chain 2.0 is currently scheduled for Q1 of this year.