Chiliz (CHZ) selects Kyros Ventures as partner to explore the tokenization of sports in Vietnam

We are pleased to announce the partnership Kyros Ventures, the newly-formed conglomerate which consists of many of the largest Vietnamese crypto communities, and Chiliz (CHZ), the world’s leading blockchain platform for sports, esports and entertainment, to boost the adoption and usage of digital currency in sport activities within Vietnam. 

Chiliz is the pioneer blockchain platform in the tokenization of sports, which houses Socios.com, the world’s first scalable fan engagement and rewards app where fans can buy and trade branded Fan Tokens as well as vote in club-focused surveys and polls, along with the Chiliz Exchange, the crypto exchange for Chiliz users to trade and speculate on the Fan Tokens. Chiliz enables sports teams and other organizations to create their Fan Token through what is called a “Fan Token Offering”. Notable partners of Chiliz include top clubs such as FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, AS Roma, Galatasaray & OG, all of whom used Chiliz’s solutions to incentivize their offline fanbases engagement with merchandise, giveaways, and exclusive experiences within the Chiliz ecosystem.

Fueling the entire Chiliz ecosystem is its native cryptocurrency CHZ, which runs on both Ethereum (as an ERC-20 token) and Binance Chain (as an BEP2 token). CHZ can be used to buy and sell with Fan Tokens issued by Chiliz and can also be traded on various exchanges where it is listed, for example Binance, Binance DEX, Bitfinex, Crypto.com, KuCoin, BitMax, etc.

Chiliz’s entrance into Vietnam will be conducted in 2 stages. The first will see Chiliz leveraging our deep understandings as well as wide connections to introduce CHZ and other Fan Tokens to the local communities and media channels, both in the cryptocurrency sector and sports industry, with a purpose of increasing brand awareness and adoption in the Vietnamese market. We will manage all the marketing operations for our partner, which include setting up a Vietnamese community for CHZ investors, organizing AMAs with various communities, updating the latest news and developments on a regular basis, and promoting the trading of CHZ and Fan Tokens on Chiliz’s platform and exchanges. In the second stage, Kyros Ventures will actively assist Chiliz in building real-life applications in Vietnam, possibly through collaborations with domestic sports clubs and esports organizations to issue Fan Tokens for the Vietnamese people, who are known worldwide for their passion in sports, especially football.

Through this partnership, Kyros Ventures hopes that we will be able to showcase the various applications of blockchain technology and cryptocurrencies in changing every aspect of modern life, from finance, logistics, data protection and now, sports to Vietnamese communities. At the same time, we would like to demonstrate the prowess of the Vietnamese crypto communities to foreign projects, proving that this is a land of opportunities for those who can capture the insights of this market, which is the ability that Kyros Ventures proudly possesses.

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About Kyros Ventures

Kyros Ventures is a conglomerate of four of the largest crypto communities in Vietnam: Coin98, Tradecoin Vietnam, HC Capital and Coin68, which collectively have more than 100,000 active traders. Kyros Ventures is the gateway for international cryptocurrency projects to enter into the Vietnamese market. We aim to help projects achieve greater awareness and adoption thanks to our extensive network of partners and communities.

For further information, please visit: https://kyros.ventures

About Chiliz

Chiliz is the world’s leading blockchain fintech provider for sports and entertainment, who developed the Socios.com sports fan engagement platform on the Chiliz blockchain infrastructure and uses CHZ as it’s exclusive on-platform currency. Socios.com allows sports teams to issue digital assets, known as ‘Fan Tokens’, on the Chiliz blockchain via ‘Fan Token Offerings’. The list of partners currently includes many famous names in the sport world such as FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, AS Roma, Galatasaray & OG, whose fan tokens can now be traded on Chiliz Exchange and integrated into the decision making process of these sport organizations.

For further information, please visit: https://www.chiliz.com