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Home/News Feed/Chiliz launches Fan Token Play, linking match results to token supply changes via smart contracts.
CHZ
Rp298
-Rp2 -0.73%

Chiliz launches Fan Token Play, linking match results to token supply changes via smart contracts.

Protocol Fundamentals
17 Apr 2026
Crypto Economy
View Source
Bullish
pluang ai news

Chiliz has introduced Fan Token Play, a new system that dynamically adjusts fan token supply based on match outcomes. When a team wins, tokens are burned, reducing supply, while losses trigger new token emissions, increasing supply. This innovative approach uses smart contracts to automate these changes in real time, creating a direct economic impact tied to team performance. The development aims to enhance fan engagement and add a novel layer of tokenomics to sports-related cryptocurrencies.

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Spain burns 1.16M fan tokens after World Cup quarter-final win, leading the tournament's token burn leaderboard.

Spain burns 1.16M fan tokens after World Cup quarter-final win, leading the tournament's token burn leaderboard.

Spain permanently removed 1.16 million SPAIN Fan Tokens from circulation following their World Cup quarter-final victory over Belgium, as part of Chiliz's Burn to Glory campaign. This burn, worth about $649,050, brings Spain's total token burn to nea...

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