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Chiliz Invests $50M in Incubator for 2.0, CHZ Slumps 8.8%

Published 03/03/2023, 11:30 AM
Updated 03/03/2023, 12:00 PM
© Reuters.  Chiliz Invests $50M in Incubator for 2.0, CHZ Slumps 8.8%

  • Chiliz launches Chiliz Labs, an incubator for early-stage products.
  • Chiliz 2.0 is in ‘Scoville’ testnet mode, mainnet to launch this year.
  • CHZ native token failed to reclaim the $0.15 support line for a month.
The leading sports blockchain, Chiliz (CHZ), has been in the crypto game for five years and provided many top soccer clubs with sports fan tokens via Socios.com. As Chiliz 2.0 is getting ready for the transition to Chiliz 2.0 mainnet, the team behind the blockchain joined forces with crypto investment fund Jump Crypto to provide developers with a stipend if they are building an-early stage product on the new blockchain.

https://twitter.com/Chiliz/status/1630931139249557504

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