Looks like Diego Maradona NFTs are coming to the Sandbox! π¦π·
https://twitter.com/cryptocomnft/status/1759958606273781825
https://twitter.com/cryptocomnft/status/1759958606273781825
X (formerly Twitter)
Crypto.com NFT (@cryptocomnft) on X
π Get ready for an unforgettable journey into the world of football history! π
We're thrilled to announce an exclusive NFT collection with a football legend who needs no introduction.
D10S - The Maradona Collection by @hermitcrabgame
We're thrilled to announce an exclusive NFT collection with a football legend who needs no introduction.
D10S - The Maradona Collection by @hermitcrabgame
Both Immortals and Club America were removed from Rocketfan. A fan token was never launched, but was announced by Socios 1+ year ago. Both sports brands don't appear as partners on the Socios' official website anymore, so I don't think a fan token is happening anytime soon.
Fan token in- and outflows of exchanges today: Most noticeable move is that $TRA is flowing from all other exchanges to Paribu.
https://rocketfan.com/flows
https://rocketfan.com/flows
Fan token clash in the Champions League tonight. Who will be the winner?
$PORTO - $AFC
$NAP - $BAR
$PORTO - $AFC
$NAP - $BAR
π¨ New feature on Rocketfan: You can now see for each asset, whether the sports brand is still actively supporting it. This is symbolized through a checkmark on the overview pages, you can then find more information in the "brand collaboration status" field on each asset page.
Mercado Bitcoin will swap their listed fan tokens to $CHZ Chain next week. There are currently fan tokens worth 2.6 million USD on the exchange.
https://twitter.com/MercadoBitcoin/status/1760328485061439542
https://twitter.com/MercadoBitcoin/status/1760328485061439542
X (formerly Twitter)
Mercado Bitcoin (@MercadoBitcoin) on X
πGostarΓamos de informar que vamos migrar todos os Fan Tokens para a nova rede Chiliz: a Chiliz Chain. Veja como vai funcionar e o que isso muda para vocΓͺπ
Europa League action tonight. Which teams will advance?
Rennes - $ACM
Toulouse - $BENFICA
$ASR - Feyenoord
Sporting - $YBO
Prague - $GAL
Rennes - $ACM
Toulouse - $BENFICA
$ASR - Feyenoord
Sporting - $YBO
Prague - $GAL
My take on the new $CHZ tokenomics:
With the update, CHZ will be much more appealing to crypto people/funds/organizations and not just to retail traders. There was hardly any interest in CHZ from a DeFi/crypto audience so far and that might change with the new update. It will now generate an attractive APY, that can be used to create passive income.
Furthermore, the inflationary part is necessary to establish it as a layer 1 token. If the CHZ supply would be capped and it would be deflationary, everybody would just hold onto their tokens forever in hope that the price goes up. Deflationary tokens are a great store of value, but not a great solution for layer 1 tokens. As a layer 1, you need a vibrant token that runs your whole ecosystem. People need to spend their CHZ for gas fees, as liquidity provision, to participate in launches and so on, they can't just hold onto it forever or this ecosystem will be standing still.
I think before the whole transition to a layer 1 and the tokenomics upgrade, CHZ was a utility token for an app, something its founders envisioned in 2017/18 and it stayed that way for a long time. However, crypto has moved on: DeFi was not just a trend, it has stayed and has transformed crypto. There is a much higher potential usage of a layer-1 token with tokenomics appealing to DeFi traders and DeFi applications, whereas the usage of a utility token in an app is limited. I think it is a great step forward. πΆοΈ
With the update, CHZ will be much more appealing to crypto people/funds/organizations and not just to retail traders. There was hardly any interest in CHZ from a DeFi/crypto audience so far and that might change with the new update. It will now generate an attractive APY, that can be used to create passive income.
Furthermore, the inflationary part is necessary to establish it as a layer 1 token. If the CHZ supply would be capped and it would be deflationary, everybody would just hold onto their tokens forever in hope that the price goes up. Deflationary tokens are a great store of value, but not a great solution for layer 1 tokens. As a layer 1, you need a vibrant token that runs your whole ecosystem. People need to spend their CHZ for gas fees, as liquidity provision, to participate in launches and so on, they can't just hold onto it forever or this ecosystem will be standing still.
I think before the whole transition to a layer 1 and the tokenomics upgrade, CHZ was a utility token for an app, something its founders envisioned in 2017/18 and it stayed that way for a long time. However, crypto has moved on: DeFi was not just a trend, it has stayed and has transformed crypto. There is a much higher potential usage of a layer-1 token with tokenomics appealing to DeFi traders and DeFi applications, whereas the usage of a utility token in an app is limited. I think it is a great step forward. πΆοΈ
Bitget has swapped its fan tokens to Chiliz Chain today. Progress tracker:
Completed:
β Binance
β ChilizX
β Paribu
β Upbit
β Gate
β MEXC
β HTX
β Bitget
Partially completed:
βοΈ OKX (just Spurs)
βοΈ Mercado Bitcoin
Not started:
β BtcTurk
β Bybit
β Bitso
Completed:
β Binance
β ChilizX
β Paribu
β Upbit
β Gate
β MEXC
β HTX
β Bitget
Partially completed:
βοΈ OKX (just Spurs)
βοΈ Mercado Bitcoin
Not started:
β BtcTurk
β Bybit
β Bitso
Chiliz Legacy Chain was removed for 46 $CHZ fan tokens on Rocketfan, their supply is now purely calculated from Chiliz Chain data. 35 fan tokens remain with data from both chains, as they are not entirely swapped at the moment.
Chivas published two NFT collections "Genesis" (2021) and "Mexicanos" (2022). They are still displayed on the top of Chivas official website. All of the NFTs were 1-of-1 editions, they earned a total of 8k USD. Data was added to Rocketfan:
https://rocketfan.com/asset/CHVNFT
https://rocketfan.com/asset/CHVNFT
Rocketfan
Chivas NFTs | Rocketfan
Chivas NFTs is a web3 asset by CD Guadalajara. Its launch sale is complete, it has earned 7,901 USD. Chivas NFTs was announced on 28 May 2021.
BtcTurk completed the fan token migration to Chiliz Chain today. Progress tracker:
Completed:
β Binance β ChilizX β Paribu β Upbit
β BtcTurk β Gate β Bitget β MEXC β HTX
Partially completed:
βοΈ OKX (just Spurs)βοΈ Mercado Bitcoin
Not started:
β Bybit β Bitso
Completed:
β Binance β ChilizX β Paribu β Upbit
β BtcTurk β Gate β Bitget β MEXC β HTX
Partially completed:
βοΈ OKX (just Spurs)βοΈ Mercado Bitcoin
Not started:
β Bybit β Bitso
BtcTurk is seeing some big fan token inflows after switching to $CHZ chain, the fan tokens in their exchange balance are currently worth 8.5 million USD, which is a 1.4 million increase from two days ago. It is now much easier to arbitrage between BtcTurk and other exchanges.
McLaren revealed its 2024 web3 strategy:
βοΈ Will publish NFTs with OKX on Polygon
βοΈ NFTs will have more utility
βοΈ Different artists will work on the NFTs
βοΈ Utility for older MCL35 and Gulf collections
βοΈ No plans to publish a new fan token or revive the previous fan token
βοΈ Will publish NFTs with OKX on Polygon
βοΈ NFTs will have more utility
βοΈ Different artists will work on the NFTs
βοΈ Utility for older MCL35 and Gulf collections
βοΈ No plans to publish a new fan token or revive the previous fan token