Chiliz Announces the Launch of JUV Fan Token Trading
Sports blockchain venture and crypto exchange Chilizens announces the launch of Juventus (JUV) Fan Token trading on Chiliz.net.
As Chiliz writes, the launch of JUV marks the introduction of a new tradeable class of digital asset. Chiliz also makes it clear that the price of JUV will be determined by market demand which will be affected by the following factors: “fan sentiment, results, tournament victories and transfer window activity.”
JUV Fan Token trading was launched on 15 April, and within 5 hours after its listing it increased in price for over 4%. As Chiliz reports, JUV held on Socios.com can be withdrawn to Chiliz.net using the “withdraw” feature in the application. It’s also reported that all JUV Tokens that will be bought on Socios.com during the Fan Token Offerings, will be available for withdraw to Chiliz.net within 90 days.
Chiliz has also reported that fan tokens for Barcelona, Roma, Atletico, Paris Saint-Germain, Galatasaray, CA Independiente will go live on Chiliz.net in the upcoming months.
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