Juventus Fan Token Now Live On Tokenized Sports Exchange Chiliz

Chiliz.net, a sports blockchain venture and crypto exchange, has listed Juventus Fan Token (JUV), a blockchain token released by Italian professional soccer club, Juventus, in collaboration with sport-focused token platform Socios.com.

On April 15. Chiliz stated in an announcement that the JUV listing marks the introduction of a new tradeable class of digital asset, Chiliz said in an April 15 announcement.

Today we are fully launching https://t.co/zTjeL8QwzN, the world’s first tokenized sports exchange 🚀$CHZ #ChilizNET$JUVhttps://t.co/tt0au1uqj6 — Chiliz ($CHZ) (@Chiliz) April 15, 2020

The launch marks the introduction of a new tradeable class of digital asset, where price will be defined by market demand arising from factors including fan sentiment, results, tournament victories and transfer window activity.

JUV/CHZ trading on Chiliz

Source: Chiliz

The firm highlighted in its statement that:

“Fan Tokens for FC Barcelona ($BAR) Paris Saint-Germain ($PSG), Atlético de Madrid ($ATM), A.S. Roma ($ASR), Galatasaray ($GAL) CA Independiente ($IND) and esports giants OG ($OG) will go live on Chiliz.net in the coming months. Trading of many more Fan Tokens from the world of sports & entertainment is expected in 2020.”

Chiliz claims to be the world’s first ever crypto exchange for sport tokens.

Official Source: Chiliz | Image: Unsplash

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