03rd April 2020, MALTA: Chiliz ($CHZ), world leaders in blockchain-based fan engagement, have been listed on the number one South Korean crypto exchange platform upbit.com. As of today, UPbit users can purchase $CHZ using BTC. $CHZ reached over $1m volume in the first hour of trading on the platform.
UPbit , which achieves daily trading volumes in excess of $170m, is available on desktop, iOS and Android.
This announcement marks a major step forward in Chiliz’ drive to become a leading cryptocurrency in Korea. Chiliz recently opened a Seoul based office, where a Korean management team is being led by Brian Hyunmin Han, formerly with Klaytn of Ground X.
Chiliz ($CHZ) is a utility token that fuels the world’s first blockchain-based fan voting and rewards platform Socios.com. A beta version of Socios.com was launched in November 2019, and since then, the platform has grown considerably, amassing close to 200,000 users, thanks to partnerships with world leading sports teams including Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, A.S.Roma, Galatasaray, CA Independiente and esports giants OG.
Chiliz are targeting 1 million users on Socios.com by the end of 2020 and 50 IP’s from the sports & entertainment industry. Chiliz also recently announced the launch of Chiliz.net – the world’s first crypto exchange for sports & entertainment products. Trading on Chiliz.net will begin on April 15th with the (Juventus) $JUV Fan Token. Trading for all other Fan Token partners will follow.
CEO & Founder of Chiliz & Socios.com Alexandre Dreyfus said: “Around 30% of the entire workforce own and exchange cryptocurrencies in Korea, which makes the country one of the most crypto-friendly populations in the world.
“Korea is a key market, and one of huge strategic importance – this listing massively increases the accessibility of $CHZ within the market.
“We’re now very focused on continuing the expansion of our Korean operations, speaking to sports rights holders, entertainment (including K-Pop), as well as potential blockchain & mainstream partners.”
Notes to editor:
Chiliz ($CHZ) is a digital currency for sports and entertainment platforms. It fuels the world’s first scalable, tokenized voting platform, Socios.com where fans can buy, trade and execute voting rights in their sports teams. The Chiliz project has raised $66 million from some of the world’s largest cryptocurrency exchanges and leading crypto funds in Asia, including Binance, OK Blockchain Capital, and Ceyuan Ventures. Chiliz is owned by Malta-based Mediarex Group, a global sports and entertainment organisation, which was founded in 2012. In January 2020, Chiliz announced the launch of Chiliz.net, a first-of-its-kind mobile and desktop crypto exchange for sports and entertainment assets.