KEY TAKEAWAYS
- Chiliz integrates with FanC to connect CELEBe’s user base with the Chiliz Chain ecosystem.
- The partnership allows CELEBe’s 8 million users to interact with Chiliz Chain, enhancing blockchain utility.
- Key features include FanC Wallet integration, $FANC token minting, and smart contract deployment on Chiliz Chain.
- This collaboration aims to expand blockchain use in entertainment and content creation beyond sports.
SEOUL, South Korea, 02 Dec, 2024—Chiliz, a prominent player in blockchain technology for sports and entertainment, has announced a strategic integration with FanC, the blockchain-powered creator economy platform behind the popular short-form content app CELEBe. This integration aims to connect CELEBe’s extensive user base with the Chiliz Chain ecosystem.
The partnership enables CELEBe’s over 8 million active users, including 830,000 monthly active users, to seamlessly interact with the Chiliz Chain. This development marks a significant advancement in linking both ecosystems.
Integration Details and Features
The integration includes several key features designed to enhance user interaction and expand blockchain utility. These features are:
- Complete FanC Wallet integration with Chiliz Chain
- Ability to mint $FANC tokens directly on the Chiliz Chain
- Smart contract deployment for converting CELEBe reward points into $FANC tokens on Chiliz Chain
- Bridge functionality for $FANC tokens on the Chiliz Chain
FanC’s ecosystem, which powers the CELEBe platform, currently allows users to participate in Watch-to-Earn and Create-to-Earn programs, trade NFTs, and engage in content creation. The platform has gained significant traction in the Asian market, particularly in South Korea and the Philippines, establishing itself as a leading short-form content platform.
Collaborative Efforts and Future Prospects
Both FanC and Chiliz Chain teams are focusing on cross-pollinating their respective communities. This involves bringing CELEBe and FanC users to the Chiliz Chain ecosystem while introducing Chiliz users to the FanC platform. The collaborative approach aims to create a more robust and interconnected blockchain-based content ecosystem.
Alexandre Dreyfus, CEO of Chiliz, stated, “We’re excited to welcome FanC and its vibrant community to the Chiliz Chain ecosystem. With FanC’s impressive user base and proven track record in the creator economy, this integration aligns perfectly with our vision of expanding blockchain utility beyond sports into broader entertainment and content creation.”
David Lee, CEO of FanC, commented, “This integration with Chiliz Chain demonstrates our commitment to expanding the possibilities within the creator economy. By bringing our ecosystem to Chiliz Chain, we’re not just expanding our technological capabilities – we’re opening new opportunities for creators and users alike.”
The full announcement can be read here.
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