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Home Blockchain

Binance Integrates Chiliz Blockchain, Chiliz Team Unveils Partnership for Custom Block Explorer

November 25, 2023
in Blockchain
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Binance Integrates Chiliz Blockchain, Chiliz Team Unveils Partnership for Custom Block Explorer
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Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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Key highlights:

  • Binance has completed integrating the new Chiliz (CHZ) 2.0 mainnet, enabling deposits and withdrawals on multiple networks including Ethereum, BNB Chain, and the Chiliz Chain.
  • Chiliz also launched their official block explorer called Chiliscan.com, giving enthusiasts advanced stats and visibility into trades, transactions, and transfers across the Chiliz blockchain.
  • The mainnet integration and custom block explorer demonstrate that Chiliz is building robust, scalable infrastructure to support its expanding ecosystem of top sports clients and growing user base.

According to an announcement from Binance, the integration of the new Chiliz (CHZ) 2.0 mainnet is now complete. This represents a significant step forward that will improve the user experience for both CHZ token and Fan Token holders.

With the mainnet integration finished deposits and withdrawals are now available on multiple networks. CHZ deposits can be made on Chiliz Chain, Ethereum, and BNB Chain, while withdrawals are supported on Chiliz Chain and Ethereum. Meanwhile, the top Fan Tokens for clubs like Barcelona, Juventus, and PSG can be deposited across Chiliz Chain and BNB Smart Chain, with withdrawals on Chiliz Chain.

Open access to new features

Just like a plucky startup finally finishing its Minimum Viable Product, the mainnet integration opens the Chiliz ecosystem up to exciting new possibilities. Users now have increased flexibility in how they interact with Fan Tokens for their favorite sports teams. It’s as if their favorite squad just scored a last-minute equalizer – joy and relief for hardcore fans.

See also  Tokenizing Jerseys on VeChain for Enhanced Fan Engagement

The new multi-chain support follows other big strides by Chiliz in recent years. They’ve assembled an impressive roster of top clubs as clients. But like a team still developing team chemistry, the work continues as new features come online.

Chiliz joins forces with Routescan to launch Chiliscan, a custom block explorer for Chiliz Chain, The Sports Blockchain_ ??️

Have a look at Chiliscan, the new block explorer ? https://t.co/Lr09HqZLLY

? #ChilizChain ⚡ $CHZhttps://t.co/Jz2GrV1HLI

— Chiliz ($CHZ) – Powering Socios.com ⚡ (@Chiliz) November 22, 2023

Custom block explorer arrives

To truly see the play-by-play of activity on the Chiliz blockchain, the project has also launched its very own block explorer at Chiliscan.com. As the official scout for all on-chain moves, Chiliscan provides the depth of stats that analysts crave.

With a new block explorer, enthusiasts have advanced visibility into trades, transactions, and transfers across the network. It’s now easier than ever for the crypto community to track the growth of Fan Token usage, purchases, and liquidity changes. This should help Chiliz maintain its momentum as a leader in the sports tokenization space.

The integration of major networks and a custom block explorer show that Chiliz remains committed to building robust infrastructure. As with any top-tier organization, strengthening the foundation will allow the project to scale gracefully in step with ever-growing user needs.

The price chart reflects growing confidence, trending up over 5% in the last 24 hours to $0.07422 at the time of writing. Barring any unexpected macroeconomic shifts, it wouldn’t be surprising to see CHZ test new highs by the end of 2023 if these good fundamental developments keep on coming.

See also  Understanding ERC-998: Composable NFTs on the Ethereum Blockchain
Tags: BinanceblockBlockchainChilizCustomExplorerintegratespartnershipTeamUnveils

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