Business News Report
October 19, 2023

Bitget Announces Support for Chiliz Chain To Boost Sports-Web3 Integration

In Brief

Bitget announces a strategic partnership with Chiliz for the launch of Chiliz Chain.

Bitget Supports Chiliz Chain, Strengthening Sports-Web3 Connection

Seychelles-based cryptocurrency exchange, Bitget, announced its support for Chiliz Chain – a sports-centric blockchain. With a customer base spread over 100 countries and serving more than 20 million users, Bitget is no stranger to the crypto world. The recent support for Chiliz (CHZ) on the Chiliz Chain is expected to bolster the sports-web3 connection, possibly redefining fan engagement.

Bitget’s decision to back Chiliz Chain reaffirms its commitment to expanding its diverse crypto services. Notably, this platform, renowned for smart trading tools and copy trading, has garnered attention with an array of services ranging from crypto-to-crypto and spot trading to more advanced features such as AI-powered trading bots and Launchpad.

Bitget’s Expanding Crypto Portfolio

Tying up with big names such as Lionel Messi, Juventus Football Club, and DOTA 2 Bali Major, Bitget has artfully blended the world of sports and cryptocurrency.

Their multi-chain wallet, which supports over 90 main chains, ensures users experience the convenience and versatility of digital transactions. Furthermore, the Bitget Token (BGB) amplifies this experience, offering unique privileges including discounted fees and priority access to high-quality tokens.

The rebranding initiative launched in July 2023 illustrates Bitget’s renewed emphasis on intelligent crypto trading. With a catchphrase “Trade smarter,” the platform intends to fortify its stance in the crypto industry, setting standards for others to follow.

Chiliz Chain: Pioneering Sports on Web3

Chiliz, widely recognized as the creator of Fan Tokens, made waves by introducing its Layer 1 EVM compatible blockchain. The Chiliz Chain is not merely a blockchain; it’s a vision to morph the landscape of sports. By creating a robust infrastructure tailored for sports, Chiliz is aiming to bring teams, fans, and developers under one umbrella. The goal is clear: craft web3 products and experiences that seamlessly unite fans and brands, creating an unparalleled ecosystem.

The collaboration between Bitget and Chiliz Chain is more than just a partnership; it’s a testament to the growing influence of blockchain in various sectors, particularly sports. As more entities recognize the advantages of integrating blockchain technology, we can anticipate a paradigm shift in fan engagement and brand interactions. It underscores the importance of staying adaptive and forward-thinking in the rapidly evolving digital world.

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About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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