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Home»Blockchain»Chiliz launches Web3-enabled Socios.com wallet for 2.3 million users
Blockchain

Chiliz launches Web3-enabled Socios.com wallet for 2.3 million users

2024-11-20No Comments2 Mins Read
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Chiliz Group, known for groundbreaking Fan Tokens and the Chiliz Chain, is set to transform fan engagement with its latest innovation: a Web3-enabled Socios.com Wallet.

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Targeted at the 2.3 million users of the Socios.com platform, this wallet provides instant ownership and enhanced control over Fan Tokens, consolidating access to the Chiliz ecosystem into one streamlined app.

Key Benefits of the Socios.com Wallet

Self-custody: Users gain full control over private keys and digital assets, ensuring better ownership and security.
Seamless Integration: Effortlessly interact with Chiliz Chain dApps without transferring assets externally.
Enhanced Security: Includes robust protocols to protect user assets.
Streamlined Transactions: Simplifies buying, selling, and transferring Fan Tokens directly within the ecosystem.

The phased rollout will introduce foundational features first, with staking and expanded token support coming soon. A built-in browser (to be launched later) unlocks direct access to decentralized applications (dApps) within the Chiliz ecosystem, such as fantasy sports, sports prediction platforms and DeFi staking tools.

Developers gain significant benefits by hosting their dApps within an ecosystem tailored to sports fans. Alexandre Dreyfus, CEO of Chiliz, described the wallet as a crucial step:
“With this upgrade, we are further unlocking the potential of Fan Tokens for both our users and developers. Users have full control over their assets and can interact natively with any application in the library. It’s the entire Chiliz ecosystem on their phone.”

Alexandre Dreyfus, CEO of Chiliz
Socios.com: A fan engagement powerhouse

Since its launch in 2019, Socios.com has partnered with more than 70 sports giants, including FC Barcelona, ​​​​Paris Saint-Germain and Manchester City. The platform allows fans to vote on team decisions, earn rewards and access exclusive experiences. Now powered by the Chiliz Chain, socios.com continues to redefine fan interaction in sports.

See also  Crypto Asset Management Firm Sells $65 Million Claim in FTX Bankruptcy, According to CIO

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About Chiliz Group

Chiliz Group is the driving force behind the Chiliz Chain and Fan Tokens, specializing in blockchain solutions for the global sports and entertainment sector. Serving more than two million users, Chiliz powers some of the world’s most iconic sports brands while fostering a vibrant ecosystem for developers and fans.

For more information about the Web3-enabled Socios.com Wallet, visit socios.com or chiliz.com.

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#chiliz Launches Million Socios.com Users Wallet Web3enabled
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