• Chiliz (CHZ) Chain has just hit a milestone by exceeding 100,000 wallet addresses and 500,000 transactions.
• Chiliz also completed registration and received approval for its “Fan Token” trademark in America.
• Chiliz partnered with Ankr to become its main Remote Procedure Call (RPC) provider.
Chiliz Launches Chain Mainnet
The recently launched Chiliz (CHZ) Chain has gained traction since the launch of the mainnet. The CHZ Chain 2.0 Genesis First Block was produced at the beginning of February while the public launch was completed three months after in May.
Chiliz Hits Impressive Milestone
A Twitter announcement from the protocol confirmed that the chain has just hit a milestone by exceeding 100,000 wallet addresses and 500,000 transactions – barely two months after the CHZ Chain mainnet went live.
Chiliz’s Focus on Entertainment & Sports Industry
Chiliz Chain is an EVM-compatible, Proof-of-Stake Authority (PoSA) blockchain that is focused on providing infrastructure to sports brands and teams to launch Web 3.0 products and facilitate community engagement and interaction.
Key Developments in US
In addition to this milestones, Chiliz also declared that it has finished registration and received approval for its “Fan Token” trademark in America; while it also partnered with Ankr to become its primary Remote Procedure Call (RPC) provider.
Price Drawdown Despite Positivity
Despite these developments recorded positivity, CHZ still has a significant price drawdown; with active addresses not performing so well compared with other months – indicating that there is still room for growth within the network.