Binance, one of the leading cryptocurrency exchanges, has expanded its partnership with Chiliz, a company that specializes in integrating blockchain with sports and entertainment.

Recently, it was announced that the “Juventus” and “Paris Saint-Germain” coins were included in the “Binance Launchpool” platform.

Binance and the “Chiliz” project:

announced Binance platform announced the new endeavor in a press release that clarified its partnership with the company “Chiliz”, the latter decided to allocate additional funds for its sports projects.

Chiliz As the operator of the rewards platform Socios, Chiliz has already signed partnerships with some of the famous sports names.

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Among them are football giants “Paris Saint-Germain”, “Juventus”, “Galata Sarri”, “Roma”, “Atletico Madrid” and “Barcelona”.

The platform has also established relationships with the “Esports OG” team, “Navi” and “UFC” (fighting championship).

Knowing that we covered most of the new news related to the Chiliz project on Arab Bitcoin.

Socios is based on the CHZ cryptocurrency and operates as a blockchain manufacturer directed directly to users. The platform is downloaded approximately 400,000 times a year.

The platform has sold over 14 million fan coins and registered over 700,000 votes on the blockchain.

Among them is the BAR Fan Coin Offer for Barcelona, ​​which made $1.3 million and sold in 20 minutes, and the FTO for Trabzonspor, which was sold out in 5 minutes and raised 5 million Turkish liras.

Paris Saint-Germain and Juventus on the Binance podium:

Binance Launchpool allows users to bet different cryptocurrencies in exchange for new cryptocurrencies as rewards.

As part of the latest collaboration between Binance and Chiliz, “Binance Launchpool” will integrate socios.com to provide some fan coins.

The first two such currencies will be the football champions of Italy and France – Juventus and Paris Saint-Germain respectively.

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Users will be able to participate in BNB, BUSD or CHZ in separate pools starting today December 15, 2020 at 0:00 AM (UTC) until January 14, 2021 at 0:00 AM (UTC).

Binance will then list two fan coins in the Innovation Zone on December 21, 2020, at 6:00 AM (UTC) and open trading against Bitcoin (BTC), (USDT) and (BUSD).

Chiliz has become a part of the crypto world with its fan cryptocurrency, which has shown huge potential in bringing cryptocurrency to major audiences around the world.

CZ, CEO of Binance, said:

We are excited to welcome Chiliz into the Binance ecosystem and look forward to enabling both fan engagement and crypto adoption among the fan audience.

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