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Paris Saint-Germain makes history as the first football club to become a blockchain validator, deepening its Web3 commitment.

TL;DR PSG becomes a blockchain validator for Chiliz Chain, delving into the world of cryptocurrencies and decentralized finance. The club seeks to strengthen its involvement in the crypto ecosystem, especially in fan tokens, reinvesting revenues as a validator to repurchase its own tokens on the market.

Paris Saint-Germain (PSG) has taken a historic leap in its web3 strategy by becoming the first sports club to join the Chiliz blockchain as an official validator.

Paris Saint-Germain (PSG) is set to become the first major football club to act as a blockchain protocol validator on the Chiliz blockchain. This significant step in blockchain engagement is facilitated through its collaboration with Socios.

Paris Saint-Germain (PSG) has solidified its collaboration with Chiliz blockchain and Socios.com by taking on the groundbreaking role of becoming an official blockchain validator on the Chiliz Chain. This move marks a historic milestone as PSG becomes the first sports club worldwide to validate a blockchain.

In a groundbreaking move, Paris Saint-Germain (PSG), a prominent figure in French football, has announced its strategic partnership with Chiliz, a leading blockchain platform, to solidify its presence in the cryptocurrency sector and advance into Web3 and SportFi.

Chiliz Chain introduces Tokenomics 2.0, enhancing utility and blockchain longevity with an 8.80% base rate and token burn mechanism, aiming for a minimum annual yield of 5.72% APY.

The French football club aims to explore various avenues in the cryptocurrency sector, starting with becoming an infrastructure provider to Chiliz Chain.

Come along as we explore the factors driving these gains and their potential implications for the broader market. This information could be incredibly valuable for you, so be sure to give it a read as it may benefit you in the future.

Being the top performers, the Siacoin and Chiliz are reflecting a sudden surprise for holders with an overnight rally. Ranking the charts after a prompt bearish phase, the altcoins are capitalizing on the extra momentum in the market.

Chiliz celebrates the increasing prominence of Korean football by announcing a collaboration with the K League to elevate fan engagement.

K League partners with Chiliz to enhance fan engagement and global outreach through blockchain technology, integrating 'K League Fantasy' into the Chiliz Chain.

In addition to integrating K League Fantasy, the football team will also make history by becoming the first sports organization to act as a validator on the Chiliz Chain.

CHZ, the native cryptocurrency of the sports blockchain platform Chiliz, has witnessed a strong rally recently. Over the last week, the Chiliz (CHZ) price has gained by 15% with its market cap just surpassing $1 billion.

A landmark development unifying blockchain tech and sports saw the Chiliz (CHZ) network signing a multi-year collaboration with South Korea's K-League – a professional football league in the country. The strategic partnership will transform football fans' engagement with their teams by introducing K-League fantasy into CHZ's blockchain.

Despite the ongoing correction in the crypto market, opportunities abound for investors. In the spotlight this week is Bitcoin, but the world of altcoins is equally brimming with potential.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $41,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,400 mark this morning.

Crypto exchange ChilizX warned users about a ‘withdrawal issue' related to the Chiliz Legacy Chain network.

Story Highlights The live price of Chiliz is . Chiliz price could soar to a maximum of $0.178 by the end of 2024. CHZ price with a potential surge could go as high as $0.612 by the end of 2030.

Top Altcoins: The cryptocurrency market has experienced a downward correction for more than a week, primarily triggered by a lack of momentum in Bitcoin price despite the much-anticipated launch of a Bitcoin ETF. This downward trend was exacerbated as Grayscale began to unload its Bitcoin assets in reaction to its investors selling off shares of

Chiliz blockchain unveils a spicy strategy to expand its audience with aggressive mergers and acquisitions in 2024.

Crypto Price Prediction: While the current correction trend may project weakness in Bitcoin price momentum. The volume number associated with Spot Bitcoin ETFs is projecting a different scenario.

Chiliz (CHZ), the crypto powering fan engagement in sports and entertainment, is on fire, erupting 45% in the past week and leaving both fans and analysts cheering. This meteoric rise isn't just about passion play though, with hard data pointing to growing institutional interest and even whale whispers driving the rally.

The crypto industry continues to display significant price volatility in its valuation. Further, the mid-cap altcoins have experienced a positive uptrend, indicating a switch of interest among investors. On the other hand, Chiliz price has added over 18% in valuation, making it the top gainer in the market for the day.