Socios Partners with Football Metaverse Project TOPGOAL, CHZ Price Yet to Recover from YTD Lows of Nearly -40%

Key Highlights:

• TOPGOAL and Chiliz partner to revolutionize football gaming by seamlessly blending traditional gameplay with cutting-edge Web3 technology.
• In addition to its partnership with Chiliz, TOP GOAL sets to incorporate Chiliz Chain into its anticipated Footballcraft as launch approaches.

In a bid to integrate football gaming with the web3 ecosystem, Chiliz, an innovative project behind fan tokens and the Socios.com app, has announced that it has joined efforts with the football metaverse project, TOPGOAL to introduce the world to a decentralized football gaming metaverse.

Being a renowned platform that pioneers web3 sports, Chiliz’s collaboration with TOPGOAL is set to usher sports lovers into an era that sees football game exceeding the boundaries of a screen, and beyond the confines of traditional gaming. Basically, the partnership is set to seamlessly blend traditional gameplay with innovative Web3 technology.

TOPGOAL Sets to Launch Footballcraft, Integrates Chilliz Chain

Prior to the partnership, TOPGOAL had been working on a unique project that seeks to offer a unique approach to the football game, Footballcraft. Apparently, TOPGOAL’s incorporation with Chiliz showcases its preparation for the anticipated launch of footballcraft. This unique game has been designed to offer a 12x speed football metaverse game that ingeniously melds Football AI with Web3 technology.

According to the announcement, Footballcraft is set to launch on mobile devices, opening its doors to a global fanbase eager to dive into the world of football in an entirely new way. Moreover, the partnership with Chiliz adds an extra layer of intrigue, enhancing the utility of the Chiliz Chain and triggering the interest of users into the fold.

Xander, the CEO of TOPGOAL, made a statement on the relevance of the partnership, saying:

“Collaborating with Chiliz and integrating Chiliz Chain into Footballcraft marks a milestone in our journey. Together, we’re pioneering a new era of decentralized gaming, bridging traditional gaming with the blockchain world, and we’re thrilled about the future possibilities.”

As Footballcraft sets to launch, TOPGOAL has revealed plans to integrate Chiliz Chain into its ecosystem, thereby facilitating Footballcraft as a dynamic space where players can leverage the $GOAL token to engage in a myriad of on-chain activities. From trading NFTs to purchasing players and upgrading clubs, the possibilities are as boundless as a penalty shootout. This, in turn, breathes life into the Chiliz Chain, infusing it with heightened activity and vibrancy.

Following this development, Footballcraft will not just accommodate Chiliz’s fan tokens, it would also amplify their utility. Hence, fans can now have the power to directly utilize their tokens within the gaming system, be it for acquiring exclusive club items or sought-after NFTs. As the virtual clubs within Footballcraft gain traction, so does the influence of these fan tokens, creating an ecosystem where supporters are active participants.

Furthermore, for users seeking to venture into Footballcraft, every real-world club becomes a Metaclub, a realm where fan token holders wield influence. Hence, this gives them the opportunity to become a part of a decision-making process that shapes the destiny of their favorite team, where their voice echoes in the corridors of football power.

CHZ Price Yet to Recover from YTD Lows

Over a year now, the Chiliz (CHZ) ecosystem has been faced with a persistent bearish trend, which has seen the price of CHZ decline by -2.17% over the last 24 hours.

According to the data provided by Coincodex, the last one month has seen Chiliz significantly decline, with a -18.27% decrease in price when measured in US Dollars. It’s also down -8.54% against Ethereum and -8.56% against Bitcoin during this same period. This consistent decline has resulted in a total of about -37.88% lows in the coin’s YTD trend.

While Chiliz’s integration with TOPGOAL may trigger a positive trend in the price of CHZ as time passes, its recent price movements suggest that Chiliz is yet to recover from its year-to-date lows, hence investors are advised to make further and adequate research before venturing into the token.