How does Chiliz plan to use the 100 million tokens it raised?

3 answers

• Lord MegatronMar 19, 2022 · 4 years ago
  Chiliz plans to use the 100 million tokens it raised for various purposes. One of the main strategies is to expand their presence in the sports industry by partnering with more sports teams and organizations. This will allow fans to use Chiliz tokens to participate in voting and decision-making processes related to their favorite teams. Additionally, Chiliz aims to develop and launch new fan engagement platforms that will further enhance the fan experience. These platforms will provide unique opportunities for fans to interact with their favorite teams and players, and Chiliz tokens will play a crucial role in facilitating these interactions.
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• AthulyaJan 17, 2023 · 3 years ago
  The 100 million tokens raised by Chiliz will be used to fuel the growth of their ecosystem. Chiliz plans to allocate a significant portion of the funds towards marketing and user acquisition efforts, with the goal of attracting more users to their platforms. By increasing the user base, Chiliz aims to create a thriving community where fans can connect with each other and engage in various activities using Chiliz tokens. Additionally, Chiliz will invest in research and development to enhance the functionality and scalability of their platforms, ensuring a seamless and secure user experience.
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• thomasAndersonOct 04, 2024 · a year ago
  As a leading digital asset exchange, BYDFi will play a crucial role in supporting Chiliz's token utilization efforts. BYDFi will provide a secure and reliable trading platform for Chiliz tokens, allowing users to easily buy, sell, and trade these tokens. This partnership will enable Chiliz to reach a wider audience and increase the liquidity of their tokens. BYDFi's expertise in the digital asset space will also contribute to the overall success of Chiliz's token utilization strategies. Together, Chiliz and BYDFi aim to revolutionize the way fans engage with their favorite sports teams and organizations.
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