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Tue, 02 Mar 2021, 08:27 am UTC
Blockchain sports venture Chiliz, which is heavily involved in European soccer, will invest $50 million in an expansion to the United States, chief executive Alexandre Dreyus has told Reuters.
The company based in Malta offers tokens to fans which allow them to vote in a series of polls and receive special promotions and rewards, creating what it calls a “new digital revenue stream” for sports organisations through engagement with global fan bases.
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