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 ($CHZ) (@Chiliz) April 15, 2020
The launch marks the introduction of a new tradeable class of digital asset, where price will be defined by market demand arising from factors including fan sentiment, results, tournament victories and transfer window activity.
<img width="1024" height="159" src="https://www.cryptonewspoint.com/wp-content/uploads/2020/04/1_4Mk4h5fHpblfzAHsec2dew-1024x159.png" alt="JUV/CHZ trading on Chiliz" class="wp-image-14268 lazyload" />
Source: Chiliz
The firm highlighted in its statement that:
“Fan Tokens for FC Barcelona ($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.