The Japan Cryptocurrency Exchange (CoinCheck) has partnered with the world's top fan token makers, Chili's and Socios, according to Coin Telegraph Japan.
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As part of the new partnership, Coin Check will include fan tokens of Chili's and Socios on the Coincheck market for non-exchangeable tokens, the company announced Monday.
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Coincheck had originally announced that it was considering launching a non-exchangeable token platform in August 2020.
and according to the latest announcement, Coincheck has already listed several non-exchangeable tokens for five popular games and gained exposure to more than 2.2 million users.
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Coincheck's CEO Kinsuk Amo said the new partnership with Chili's aims to provide more opportunities for local sports fans.
"Japanese users will have the opportunity to get to know Chili's and get close to some of the world's largest sports organizations by purchasing non-exchangeable tokens on Socios in the non-exchangeable tokens market." For Coin Check dependency.
The CEO of Socius and Chili's, Alexander Dreyfus, also indicated that the partnership will allow Japanese users to own assets linked to some of the biggest clubs in the world such as Barcelona and Juventus.
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Dreyfus made clear that the new collaboration is in line with the global expansion of Chili's and Socios and non-exchangeable tokens in 2021.
He added: We are really focused on non-exchangeable tokens in 2021 and have the ability to launch them with every one of our partners. We will also endeavor to give them a certain benefit - for example the opportunity to redeem rewards associated with a particular club.
Chili's and Socios are major industry platforms known for launching fan tokens with world famous football clubs such as Barcelona, Juventus and Paris Saint-Germain.
The companies have listed their fan tokens on major global exchanges including the world's largest cryptocurrency exchange, Binance. Chili's and Socius have generated $ 30 million for clubs and partners globally over the past 12 months.