Chiliz has introduced a World Cup campaign called "Burn to Glory" that burns Fan Tokens from treasury reserves when national teams win matches. The burn rate starts at 1% in the group stage and increases up to 10% for a final victory, affecting tokens linked to Argentina, Belgium, Portugal, South Africa, and Scotland. This mechanism reduces future token supply ceilings without affecting holders' balances, tying token economics directly to team performance. The burns are verifiable on blockchain, aiming to boost fan engagement and create market interest as the tournament progresses.
The 2026 FIFA World Cup, the largest ever with 48 teams and 104 matches, is the most crypto-integrated tournament to date. Kraken is the official crypto exchange sponsor, while Chiliz provides fan tokens that boost engagement and trading volume. FIFA...
The 2026 FIFA World Cup, the largest ever with 48 teams and 104 matches, features key crypto partnerships with Kraken, Chiliz (CHZ), and Avalanche (AVAX). Kraken is the official crypto exchange supporter aiming to increase crypto adoption among fans,...
Cryptocurrency markets are experiencing mixed price changes, with Bitcoin trading around $62,754, slightly down by 0.21%. Ethereum and several altcoins like Zcash and Velvet have seen notable gains, with Zcash up 12.68% and Velvet surging nearly 25%....
