Get Ready for UEFA Euro 2024: Trade Chiliz and More on LBank

As UEFA Euro 2024 approaches, the worlds of sports and cryptocurrency are converging in an exciting way. The tournament, scheduled from June 14 to July 14, 2024, is set to spark a surge of interest in sports-related tokens and GambleFi. The 2020 UEFA Euro, postponed to 2021 due to the pandemic, attracted over 5.2 billion viewers, highlighting the global attention these events command. At LBank, we are ready to offer you the best trading opportunities, including sports-related tokens like Chiliz (CHZ) and more.

Chiliz: Leading the Sports Cryptocurrency Revolution

Historically, major sporting events have been a boon for sports tokens, and Chiliz (CHZ) is particularly notable. During the 2022 FIFA World Cup, CHZ delivered a remarkable return of nearly +80% about 20 days before the event. With Euro 2024 just 30 days away, now is the perfect time to consider CHZ.

Chiliz isn’t just capitalizing on the upcoming event; it has other strong catalysts as well:

• Dragon8 Chain Upgrade: Launched on May 21, 2024, this upgrade introduces the EIP1559 fee burn mechanism and a new token economic model, reducing the initial inflation rate from 8.8% to 1.88% over 14 years. According to Chiliz CEO Alex Dreyfus, this upgrade will bring more decentralized applications (dApps) to Chiliz 2.0.
• Azuro Partnership: Chiliz has announced a partnership with Azuro to co-sponsor a developer grant program aimed at building on-chain sports prediction markets.

World League Live: The Dark Horse of the Sports Sector

Today, we also want to share a promising new project: World League Live. Reportedly, World League Live has secured investments from notable funds such as the Del Piero Foundation, Polygon Fund, and co-founders of YGG, and has maintained long-term partnerships with major companies like iDreamSky, T-Mobile, and Nvidia. The project is currently negotiating cooperation with over 170 top football clubs worldwide. Confirmed collaborating stars include Alessandro Del Piero, who has over 14 million fans, and social media star Arat Hosseini, who boasts 7 million followers.

World League Live’s ambitions extend beyond connecting stars and fans through football mobile games. They also provide comprehensive services for top-tier NFTs and player NFTs circulating in the market. According to their development plan, World League Live aims to expand its scope to basketball, rugby, music, and entertainment sectors, and actively incubate major Web3 native sports IPs. At the right time, LBank may consider listing related tokens to meet users’ demand for sports crypto assets.

Conclusion

With major events like the UEFA Euro and the Olympics approaching, the sports sector offers an excellent opportunity for early investment. At LBank, we are committed to listing fundamentally strong tokens, providing you with the best trading options. Stay tuned for more updates and get ready to trade Chiliz and other exciting sports-related tokens on LBank.