Chiliz (CHZ) has gained 170 percent after offering live in-game NFTs for all its fan token holders. The debut of live in-game NFTs and a quickly growing ecosystem enhanced CHZ's pricing and demonstrated the project's solid foundations.

Several high-profile agreements between the cryptocurrency industry and major sports leagues, teams, and individual athletes have been forged this year. Limited edition NFTs and other incentives related to crypto and blockchain technologies are now used by athletes to engage with their fans.

Crypto firms are also putting their names on jerseys, purchasing stadium naming rights, and paying for strategically timed primetime advertising during game breaks.
<h2>Chiliz (CHZ) Offering Live in-game NFTs for Fan Token Holders</h2>
The launch of the platform's first live, in-game NFT drop, which took place during a match between A.C. Milan and A.S. Roma, was the catalyst for the current surge. New NFTs are <a href="https://www.thebharatexpressnews.com/chiliz-chz-gains-170-after-launching-live-in-game-nfts-for-fan-token-holders/">created</a> as they occur based on critical moments in live matches and then dumped into the wallets of fan token holders who correctly anticipate the game's conclusion.Following the announcement of this new method of distributing NFTs, there was a surge in demand for the token, which has continued to grow in recent weeks.
<h2>Growing popularity for additional exchange listings </h2>
The advent of additional exchange listings, as well as recently issued fan tokens for teams like S. Paulo FC, AC Milan, and Manchester City, have all contributed to CHZ's growing popularity. In addition to the listings, Binance is enabling fans to stake Binance Coin (<a href="https://www.cryptoknowmics.com/news/binance-offers-a-real-time-token-burning-method-to-increase-the-value-of-bnb/">BNB</a>), Binance USD (BUSD), and CH to acquire tokens from their favorite teams. OKEx has also stated that coins from the Chiliz ecosystem would be supported, while CHZ looks to have profited from a fresh listing on eToro's crypto market on November 9.

The present rise is being supported by an expanding ecosystem. Another new trend that may be boosting CHZ's foundations is ecosystem expansion. The platform has announced a relationship with Kraft Sports and Entertainment, through which the National Football League's (<a href="https://www.cryptoknowmics.com/news/ftx-exchange-purchases-super-bowl-ad-slot-for-crypto-promotion-in-nfl/">NFL</a>) New England Patriots and Major League Soccer's (MLS) New England Revolution will join the Chiliz and Socios ecosystem.

Chiliz (CHZ) Gains 170 Percent Offering Live in-Game NFTs for Fan Token Holders

Chiliz (CHZ)  gained 170 percent offering live in-game NFTs for fan token holders. The debut of live in-game NFTs and a quickly growing ecosystem enhanced CHZ's pricing and demonstrated the project's solid foundations.

Gitumani is a blockchain enthusiast as she keeps a tab on the recent happenings pertaining to the crypto industry. She aims to provide quality content in blockchain and crypto domain. She is a financial content writer too and has worked on several financial projects related to the stock market news, fundamental research, and technical analysis for several websites.

Chiliz (CHZ) Gains 170 Percent Offering Live in-Game NFTs for Fan Token Holders

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