112
At the end of January the Socios.com team announced steps users located in the United States needed to do for when they launch the new US app which I wrote about . I thought that this announcement meant that a new app launch was coming up soon and was really looking forward to being able to purchase Fan Tokens again. Sadly, that has not yet happened yet but some more news has emerged and the Chiliz blockchain itself has released some really interesting news!
Socios.com
While the US app has not been launched yet so US users cannot buy new Fan Tokens that has not stopped the absolute explosion of partnerships with sports teams in the United States. Since December the number of US partners has exploded. This is especially true in the Basketball and Ice Hockey realm. The Socios.com team though has also added their first MLS team and the New England Patriots, one of the most popular American Football teams, to their roster as well.
Adding these teams is good and all but without the Fan Tokens I do not think the project is really that enticing for a US user. This was a concerning thing however it has been addressed now! The head of operations in the US, Mac, recently gave an interview where he was asked about his favorite thing about working for the company and instead of giving a boring response we have come accustom to receiving he stated
What’s your favorite part/feature of the Socios.com app?
Influencing team decisions through the polls. I’m a diehard Chicago Bears and Chicago Bulls fan. I can’t wait to pick the alternate jerseys of those teams once we have fan tokens live with the NFL and NBA.
This is great news because the head of the operations reveled part of the upcoming plans! Most of the teams who have launched Fan Tokens have hosted club binding votes like this so to have it reveled that this will happen with the Chicago teams is huge! Prior to this nugget of insight it was not really known what all was agreed to beside some sort of partnership.
With the President Biden's Executive Order this could help provide some clarity that the company really needs since uncertainty was the reason that they stated a new app for the US was coming. It is also the beginning of baseball season now and the collective bargaining agreement has been finalized so this means that baseball teams could soon join the fray! As a baseball fan this would be huge for me and I can imagine a ton of different ways these poles could be implemented from the standard jersey variations to things like walk up music or music in-between innings!
Chiliz Blockchain 2.0
The scope of the 2.0 blockchain is so immense it will get its own article later on this week. In a quick overview it will be an evolution of the BINANCE Smart Chain and have its fees paid in CHZ. It will also be EVM compatible with backwards compatibility with Ethereum and Solidity. As one would expect this chain will be focused on the sports and entertainment sectors and protecting intellectual property.
The cool resent development is that they are letting their community come up with the name for this 2.0 blockchain! It started with an open period to name the chain but that period has now passed and on Friday March 18th the final 10 or the shortlist of names will come out! When this list is announced all CHZ holders will be able to vote on the new name and the winner will be decided by popular vote! It will be really exciting to see a community be able to come up with their blockchains name since that is something that normally has already occurred!
This 2.0 blockchain's public beta launch is supposed to arrive soon with it being stated earlier this month that it will come out in the first quarter of 2022!
Please know I am not a financial advisor I am just someone who picked up on a trend and wanted to express it! Makes sure you always do your own research and never invest money you cannot afford to lose! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_
Fold App
Offers daily wheel spins to win free sats daily! If you sign up for FOLD with my link you will get 5,000 sats for free!
Unstoppable Domains
Sign up using my link and get a free $10 credit towards your first $40+ purchase!
Robinhood
Robinhood is offering a great signup deal if you use my link where we will both be awarded free stock. All that you have to do is sign up and connect your bank account for the award! By also using my link you also are added to the crypto wallet waitlist and like always both stock and crypto trading is commission-free! ??
Sign up for COINBASE and earn $10 of free Bitcoin when you buy or sell $100 in crypto with my referral
If you are like me and walk to work every day this app rewards your walking with Sats! So far I have earned over 5,000 sats in just a couple of months walking to work! is my link!
