BINANCE LAUNCHES TRADING AND STAKING FOR THREE MORE CHILIZ FAN TOKENS
Get ready to dive deeper into the world of Web3 sports! Binance will then list OG, ATM and ASR Fan Tokens in the Innovation Zone at 6:00 AM (UTC) and open trading for OG/BTC, OG/USDT, ATM/BTC, ATM/USDT, ASR/BTC and ASR/USDT. Previously Paris Saint-Germain (PSG) and Italian champions Juventus (JUV) Fan Tokens were allocated through the Binance Launchpool, generating interest from bothBinance, the world’s leading cryptocurrency exchange by trading volume, is expanding its support for fan tokens issued by Chiliz, a major player in the sports and entertainment blockchain space.This exciting development means more opportunities for fans to engage with their favorite teams and athletes through the power of crypto.As part of this new initiative, Binance users can now participate in trading and staking activities involving fan tokens for OG (a prominent e-sports team), Atlético de Madrid (ATM), and A.S. KAYEN has seen trading volumes surpass 800M CHZ, and it will be the catalyst for more DEX launches, which will bring greater organic growth and liquidity to Fan Tokens . We want Fan Tokens to be everywhere, and in 2025, we will place more emphasis on integrations with sports platforms, brands, and new dApps.Roma (ASR).This move further solidifies the partnership between Binance and Chiliz, aiming to bridge the gap between sports fandom and the digital asset world. Official Fan Tokens. Fan Tokens are official digital assets for global brands including Paris Saint-Germain, Manchester City, FC Barcelona, Juventus, Arsenal and many more, that have empowered fans worldwide to engage, experience, and impact sports like never before. Build on Chiliz Chain and unleash the power of this network for your dApp.This strategic collaboration initially saw the listing of Paris Saint-Germain (PSG) and Juventus (JUV) fan tokens on Binance Launchpool, generating significant interest. The recent altcoin rally lifted the value of Chiliz (CHZ) by 100%, from $0.06 to $0.12. CHZ is also starting to recover its trading volumes. A more active Chiliz ecosystem may also boost the adoption of Socios and its list of fan tokens. These types of assets have been around since 2025, with various levels of adoption.What does this mean for you?More ways to support your teams, potentially earn rewards, and participate in the burgeoning Web3 sports ecosystem! 🏟️ Powering Sports Crypto with Fan Tokens! 🔥 Latest Highlights. 🚀 Price Action: climbs 3.9%, showing strong buying interest! 🏟️ Ecosystem Growth: More clubs joining Socios.com, boosting utility! 🌐 Chiliz Chain 2.0: Expanded staking and governance for CHZ holders Web3 sports is here! 📊 Technical AnalysisSo, buckle up, because we're about to explore everything you need to know about this exciting announcement.
Expanding the Fan Token Universe: OG, ATM, and ASR on Binance
Binance's commitment to innovation within the crypto space extends to the sports world, and the addition of OG, ATM, and ASR fan tokens is a testament to this.These tokens will be listed in Binance's Innovation Zone, a dedicated platform for new and potentially more volatile tokens, allowing users to access a wider range of digital assets.Trading will be available against major cryptocurrencies like Bitcoin (BTC) and Tether (USDT), with the following trading pairs launching:
- OG/BTC
- OG/USDT
- ATM/BTC
- ATM/USDT
- ASR/BTC
- ASR/USDT
This availability makes it easier for users to acquire and trade these fan tokens, fostering greater liquidity and participation in the fan token ecosystem. More Topics Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science TabletopBut why these teams?Each represents a significant fanbase and contributes to the diversity of the Chiliz network.
What are Fan Tokens and Why Should You Care?
Fan tokens are digital assets that give holders access to exclusive benefits, experiences, and voting rights related to their favorite sports teams or organizations.Think of them as a digital membership card with added perks. Binance is set to list OG, ATM and ASR in its Innovation Zone and open trading against major cryptocurrencies like BTC and USDT. Binance, the world s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz.According to a Dec. 23 announcement, Binance Launchpool a MoreThese tokens are built on blockchain technology, providing transparency and security.
Here's why you should care about fan tokens:
- Enhanced Fan Engagement: Fan tokens allow you to directly influence team decisions through voting on polls related to jerseys, stadium designs, and more.
- Exclusive Rewards and Experiences: Token holders often receive access to exclusive merchandise, VIP tickets, meet-and-greets with players, and other unique experiences.
- Community Access: Fan tokens create a sense of community by connecting fans worldwide and providing a platform for interaction and shared passion.
- Potential Investment Opportunity: The value of fan tokens can fluctuate based on team performance, market sentiment, and the overall growth of the Chiliz ecosystem.
One real-world example is Marco, who was inspired to explore staking Chiliz through fan tokens.This shows how fan tokens open doors to not only influence decision making through club polls but also gain access to unique experiences regular fans may not usually get.
Staking Fan Tokens on Binance: A Deep Dive
Beyond trading, Binance is also enabling staking for OG, ATM, and ASR fan tokens through its Binance Launchpool platform.This means you can earn rewards by holding and ""locking up"" your tokens for a specified period.
Specifically, from December 24th to January 23rd, 2025, Binance users can stake the following cryptocurrencies to earn these fan tokens:
- Binance Coin (BNB): Stake BNB to earn OG, ATM, and ASR tokens.
- Binance USD (BUSD): Stake BUSD to earn OG, ATM, and ASR tokens.
- Chiliz (CHZ): Stake CHZ to earn OG, ATM, and ASR tokens.
This provides users with multiple options to participate and earn rewards based on their existing crypto holdings. Binance, the world s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz. According to a Dec. 23 announcement, Binance Launchpool a platform allowing users to stake tokensBut how does staking actually work?
Understanding the Mechanics of Fan Token Staking
Staking involves locking up your digital assets in a cryptocurrency wallet to support the operations of a blockchain network.In return for staking, you receive rewards in the form of additional tokens.
Here's a breakdown of the staking process on Binance Launchpool for these fan tokens:
- Acquire BNB, BUSD, or CHZ: You'll need to own one of these cryptocurrencies to participate in the staking program.
- Navigate to Binance Launchpool: Access Binance Launchpool through the Binance platform.
- Choose Your Staking Pool: Select the staking pool corresponding to the fan token you want to earn (OG, ATM, or ASR) and the cryptocurrency you want to stake (BNB, BUSD, or CHZ).
- Stake Your Tokens: Lock up your desired amount of BNB, BUSD, or CHZ in the chosen pool.
- Earn Rewards: Start earning OG, ATM, or ASR tokens as rewards for your staked assets. Explore Chiliz Ecosystem Learn more about the ecosystem driving Web3 Sport. Fan Token Network Discover the potential of blockchain s biggest sports network. Socios.com Home to Fan Tokens and new Web3 sport experiences.The amount of rewards you earn will depend on the amount of tokens you stake and the duration of the staking period.
- Claim Your Rewards: Claim your earned rewards regularly.
- Unstake Your Tokens: Once the staking period ends (January 23rd, 2025), you can unstake your original tokens and withdraw them back to your wallet.
Remember to carefully review the terms and conditions of the staking program before participating, including the staking period, reward rates, and any potential risks involved.
The Power of Chiliz and Socios.com: Driving the Web3 Sports Revolution
The driving force behind these fan tokens is Chiliz, a leading blockchain company focused on the sports and entertainment industry. Binance Launchpool Announces More Fan Tokens To Come. Haz trading de manera m s inteligente con nuestras distintas estrategias: f ciles, r pidas y fiablesChiliz has created Socios.com, a platform where fans can purchase and trade fan tokens and engage with their favorite teams in new and exciting ways.
Socios.com is a hub for fan tokens and new Web3 sports experiences. Validators are usually bigger players who want to contribute to Chiliz Chain. Casual crypto-fans can also stake their CHZ as part of a validator's stake. That way, it becomes easier to participate in and support activities on Chiliz Chain. You too can earn more rewards in return for staking your CHZ!By utilizing Chiliz Chain 2.0, a dedicated blockchain infrastructure, Chiliz enables seamless fan token creation, trading, and utility within the Socios.com ecosystem.This also allows for expanded staking and governance opportunities for CHZ holders.
Benefits of the Chiliz Ecosystem
- Fan Empowerment: Chiliz empowers fans to have a direct say in team decisions and access exclusive experiences.
- Global Reach: Chiliz connects fans from around the world, creating a global community of sports enthusiasts.
- Innovative Technology: Chiliz leverages blockchain technology to provide a secure and transparent platform for fan engagement.
- Partnerships with Major Teams: Chiliz has partnered with numerous high-profile sports teams and organizations, expanding the reach and impact of fan tokens.
The growing ecosystem of clubs joining Socios.com further boosts the utility of CHZ and its associated fan tokens.
Navigating the Risks and Rewards of Fan Token Trading
Like any cryptocurrency investment, trading fan tokens involves both potential risks and rewards. Beyond enhancing his fan experience, Fan Tokens also sparked Marco s interest in crypto, inspiring him to explore investments like staking Chiliz. The great thing about Fan Tokens is not only being able to make decisions through club polls but also having access to unique experiences that regular fans usually can t experience.It's crucial to understand these factors before diving in.
Potential Risks
- Volatility: The price of fan tokens can be highly volatile, influenced by factors such as team performance, market sentiment, and overall crypto market conditions.
- Market Liquidity: The liquidity of some fan tokens may be limited, making it difficult to buy or sell large amounts without affecting the price.
- Regulatory Uncertainty: The regulatory landscape surrounding cryptocurrencies and fan tokens is still evolving, which could impact the future of these assets.
- Team Performance: The value of a fan token can be tied to the performance of the associated team. The latest development brings the second phase of the collaboration between Binance and Chiliz after the two companies announced a strategic partnership on Dec. 14. In conjunction with the announcement, Binance announced the listing of Chiliz fan tokens for Paris Saint Germain (PSG) and Juventus (JUV) football clubs on its Binance Launchpool.A losing streak could negatively impact the token's price.
Potential Rewards
- Capital Appreciation: The value of fan tokens can increase significantly if the associated team performs well or the overall fan token market grows.
- Staking Rewards: Earning additional fan tokens through staking can provide a steady stream of passive income.
- Exclusive Benefits: Accessing exclusive experiences and rewards through fan token ownership can be highly valuable for passionate fans.
- Community Participation: Being part of a vibrant and engaged community of like-minded fans can be a rewarding experience.
Before investing in fan tokens, conduct thorough research, understand the risks involved, and only invest what you can afford to lose. Changing the Game: Binance Launchpool Announces More Fan Tokens To Come. Buy Crypto. Markets. Trade. Basic. Spot. Copy Trading. Follow the most popular traders. APIs.Remember that past performance is not indicative of future results. Binance, the world s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz. According to a Dec. 23Diversification is also key; don't put all your eggs in one basket.
The Future of Fan Tokens and Web3 Sports
The future of fan tokens and Web3 sports looks bright.As blockchain technology continues to mature and adoption grows, fan tokens are poised to play an increasingly important role in the sports and entertainment industry.
We can expect to see:
- More Teams Joining the Ecosystem: As the benefits of fan tokens become more apparent, more sports teams and organizations will likely join the Chiliz and Socios.com ecosystem.
- Greater Integration with Sports Platforms: Fan tokens will become increasingly integrated with sports platforms, brands, and new decentralized applications (dApps).
- New Use Cases for Fan Tokens: Innovative new use cases for fan tokens will emerge, expanding their utility beyond voting and rewards. As part of the new allocations, Binance users will be able to stake Binance Coin, Binance Dollar (BUSD), and Chiliz (CHZ) against OG, ATM and ASR fan tokens starting from Dec. 24 up to Jan. 23, 2025.We want Fan Tokens to be everywhere, and in 2025, we will place more emphasis on integrations with sports platforms, brands, and new dApps.
- Increased Adoption by Casual Fans: As fan tokens become more user-friendly and accessible, adoption by casual fans will increase.
The ongoing development of Chiliz Chain and other blockchain infrastructure will further support the growth and evolution of the fan token market. Token Hunt: This live action feature lets users chase and acquire Fan Tokens, Reward Points, and CHZ. Locker Room: Users can stake Fan Tokens in return for digital collectibles that can include official team-branded editions. Fan Token Staking: Users can lock their Fan Tokens in their wallet to earn Reward Points. They will also need to stakeValidators play a key role in contributing to the Chiliz Chain and even casual crypto fans can participate by staking their CHZ.
Getting Started with Binance and Chiliz Fan Tokens
Ready to jump into the world of fan tokens? Chiliz.net launches as the first crypto exchange for sports and entertainment, enabling trading of Fan Tokens for top teams like Juventus, PSG, and Atl tico de Madrid, starting Q1 2025. Read moreHere's a step-by-step guide to getting started with Binance and Chiliz fan tokens:
- Create a Binance Account: If you don't already have one, create an account on Binance.com. Binance Launchpool introdurr presto tre nuovi fan token: quello di OG (squadra di e-sport), Atl tico Madrid e A.S. Roma Binance, il pi grande exchange di criptovalute al mondo per volume di trading, sta avviando la quotazione di nuovi fan token emessi da una delle principali piattaforme delYou'll need to complete the verification process to access all features.
- Fund Your Binance Account: Deposit funds into your Binance account using a supported cryptocurrency or fiat currency.
- Purchase BNB, BUSD, or CHZ: Buy BNB, BUSD, or CHZ on the Binance exchange. Binance launches trading and staking for three more Chiliz fan tokens. Binance launches trading and staking for three more Chiliz fan tokens. Binance, the world s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz.These cryptocurrencies are required for staking OG, ATM, and ASR fan tokens on Binance Launchpool.
- Explore Binance Launchpool: Navigate to Binance Launchpool and explore the available staking pools for OG, ATM, and ASR fan tokens.
- Stake Your Tokens: Choose the staking pool you want to participate in and stake your BNB, BUSD, or CHZ.
- Trade Fan Tokens: Once OG, ATM, and ASR are listed in the Innovation Zone, you can trade them against BTC and USDT.
- Explore Socios.com: Visit Socios.com to learn more about fan tokens and participate in team-related activities.
- Stay Informed: Keep up-to-date with the latest news and developments in the fan token market by following Binance, Chiliz, and Socios.com on social media.
Conclusion: Embracing the Future of Sports Engagement with Fan Tokens
Binance's launch of trading and staking for OG, ATM, and ASR fan tokens marks another significant step in the evolution of Web3 sports. Binance Launchpool Announces More Fan Tokens To Come. Buy Crypto. Markets. Trade. Basic. Copy Trading. Follow the most popular traders. APIs. UnlimitedBy providing fans with new ways to engage with their favorite teams and earn rewards, Binance and Chiliz are paving the way for a more immersive and interactive sports experience. Binance launches trading and staking for three more Chiliz fan tokensSource: CointelegraphPublished onWhether you're a seasoned crypto enthusiast or a casual sports fan, now is the perfect time to explore the world of fan tokens and discover the potential of this exciting new technology.
Key Takeaways:
- Binance is listing and enabling staking for OG, ATM, and ASR fan tokens.
- Fan tokens offer unique benefits like voting rights and exclusive experiences.
- Staking on Binance Launchpool allows you to earn fan tokens by holding BNB, BUSD, or CHZ.
- Chiliz and Socios.com are driving the Web3 sports revolution.
- Trading fan tokens involves risks and rewards, so do your research.
Don't miss out on this opportunity to support your favorite teams and potentially earn rewards. Binance Launchpool Announces More Fan Tokens To Come. Berdagang lebih cerdas dengan berbagai strategi otomatis kami - mudah, cepat, dan andalVisit Binance today to start trading and staking OG, ATM, and ASR fan tokens! Como parte de las nuevas integraciones, los usuarios de Binance podr n hacer staking con Binance Coin, Binance Dollar (BUSD) y Chiliz (CHZ) contra fan tokens como OG, ATM y ASR a partir del 24 de diciembre hasta el 23 de enero de 2025.Are you ready to change the game?
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