Chiliz, the sports blockchain, has announced a strategic investment in MatchWornShirt, (MWS), the home of match-worn and signed sporting memorabilia. Chiliz will receive a 20% stake as part of the investment.
Blockchain-based fan token platform Chiliz has launched a $50 million incubator and accelerator program to fund early-stage projects in the sports and entertainment industries that use the Chiliz blockchain.
Chiliz, a blockchain-based sports token platform, is starting a $50 million incubator program called Chiliz Labs to target early stage projects in sports and entertainment. The program is backed by Jump Crypto, the investment arm of Chicago-based market maker Jump Trading.
On 8 February, Chiliz [CHZ] announced that its recently launched chain 2.0 had produced its first block. According to the tweet shared by its CEO Alexandre Dreyfus, the event occurred at exactly 8:08 am UTC.
The Chiliz [CHZ] network was in the midst of a major network upgrade at press time. According to an update by founder Alexandre Dreyfus on 26 January, Chiliz 2.0 would introduce various positive changes.