Japanese exchange Coincheck to list NFTs by Chiliz and Socios

Published at: Feb. 1, 2021

Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports.

As part of the new partnership, Coincheck will list Chiliz and Socios’ non-fungible tokens, or NFT, on Coincheck's NFT marketplace, the company announced Monday. As part of the initiative, Chiliz and Socios will be rewarding fan token holders with NFTs.

Coincheck originally announced that it was considering launching an NFT platform in August 2020. According to the latest announcement, Coincheck’s platform has already listed several NFTs for five popular games and gained exposure to over 2.2 million users.

Coincheck’s executive director Kensuke Amo said that the new partnership with Chiliz intends to bring more opportunities for local sports fans. “Japanese users will have the opportunity to get to know Chiliz and get closer to some of the biggest sporting organizations in the world by purchasing Socios.com NFTs on Coincheck’s NFT marketplace,” Amo said.

Chiliz and Socios CEO Alexandre Dreyfus noted that the partnership will allow Japanese users to own assets linked to some of world's biggest clubs like FC Barcelona and Juventus. The new collaboration comes in line with Chiliz and Socios’ global expansion and NFT plans in 2021 he said, adding:

“We’re really focused on NFTs in 2021 and have the potential to launch them with every single one of our partners. We’ll also be looking to give them a certain utility — for instance the chance to redeem rewards linked to the particular club,”

Chiliz and Socios are major industry platforms known for launching fan tokens with popular global soccer clubs like FC Barcelona, Juventus and Paris Saint-Germain. The firms listed their fan tokens on major global exchanges including the world’s largest crypto exchange, Binance. Chiliz and Socios generated $30 million for clubs and partners globally over the past 12 months.

Tags
Nft
Business
Tokens
Sport
Japan
Partnerships
Online Marketplace
Coincheck
Related Posts
Football-focused NFT platform plans to kick off in style, with some big names
Football: It’s a sport filled with magic, memorable moments, and passionate fans who devote their lives to supporting their team. And now, a long-term project is giving supporters a whole new way of collecting memorabilia. Shirtum is a nonfungible token platform that allows footballers to create NFTs reflecting some of their biggest milestones — powerfully telling the story of iconic moments in their careers that will go down in history. Fans will be able to compete for the chance to own limited-edition tokens in their very own personalized gallery, with blockchain technology being used to guarantee the authenticity, traceability and …
Technology / June 14, 2021
Yahoo Japan works with Line to launch NFT trading
Major Japanese internet company Yahoo Japan has partnered with messaging giant Line to launch nonfungible token (NFT) trading. Line officially announced on Tuesday that its cryptocurrency-focused subsidiary, LVC Corporation, would collaborate with Yahoo Japan to enable the secondary trading of NFTs issued on Line’s proprietary blockchain. As part of the partnership, Yahoo! Japan would place Line blockchain-based NFTs on its online auction service Yahoo! Auctions, a service set up by the company back in 1998 to compete with the e-commerce giant eBay. To enable NFT trading on the platform, the two partners would integrate Yahoo Auctions with the Line Bitmax …
Blockchain / July 27, 2021
Nifty News: Amex and SZA sell-out debut drop, Asics launches tokenized footwear, Space Jam gets looney for NFTs
American Express (Amex) has teamed up with popular neo-soul singer and songwriter SZA to enter the nonfungible token (NFT) market. The duo partnered to drop a set of 14 one-of-one edition NFTs, dubbed “Amex Unstaged x SZA: The Collection,” that depict moments from one of SZA’s recent concerts. Participation in the NFT sale was made available only to Amex users, with the first 10 dropped on Monday, and concert-goer's were given exclusive access. The remaining four were dropped earlier today and were made available to all Amex users. Each NFT was priced at $100 and all were sold out within …
Artists / July 13, 2021
FC Barcelona, Man City canceled crypto deals show cash is not everything
The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to aid with juicy deals. Numerous partnerships between major sports clubs grabbed headlines over the last year. Even national teams and major club unions joined the trend. So, it became even more surprising when FC Barcelona and Manchester City, two of the biggest soccer clubs in Europe, terminated their crypto-related sponsorship deals in the same week. FC Barcelona canceled its …
Adoption / Nov. 24, 2021
Just did it: Nike enters the metaverse game following RTFKT acquisition
Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest U.S.-based athletic products manufacturer through this partnership to join the metaverse bandwagon. A Cointelegraph report from Nov. 02 highlighted Nike's submission of requests for patenting the words — namesake, swoosh logo and just do it — for use online and in online virtual worlds." The filing was accompanied by two new job postings for virtual material designers, signaling the company's intent to enter the metaverse. However, the new RTFKT acquisition confirms Nike’s interest in delving into the metaverse ecosystem: RTFKT is now a …
Adoption / Dec. 14, 2021