ACM, JUV, and PSG Fan Tokens Now Listed on Changelly PRO 0 995

Changelly PRO has recently made a huge announcement for its users as well as fans of some of the major football clubs. The platform has announced that it has recently listed three major fan tokens through its platform. The names of the fan tokens are AC Milan (ACM), Juventus (JUV), and Paris Saint-Germain (PSG).

Changelly PRO has confirmed that the fan tokens for the three clubs were listed on Thursday, April 8, 2021. Following the deployment, the users will now be able to deposit their fan tokens directly into their Changelly PRO accounts.

On top of that, the users will also have access to the trading pairs for the particular fan tokens. At present, the trading pairs supported by Changelly PRO include ACM/USDT, JUV/USDT, and PSG/USDT respectively.

These fan tokens are minted on the Chiliz blockchain and exist as digital assets that are fully fungible. With the help of these tokens, the fans get to interact with their favorite football clubs on an entirely different level.

Using these fungible tokens, the fans are able to access the VIP rewards as well as vote in the polls. On top of that, the fans/users can also benefit from services such as chats, exclusive promotions, and AR-enabled features.

The fans/users can also use these tokens to avail once in a lifetime opportunities to meet their favorite football players from particular clubs. They can also use the fungible tokens in order to purchase merchandise from the clubs’ websites.

As of now, there are 23 different sporting organizations that have been inducted into the Chiliz blockchain system. All of the 23 teams have their own fungible tokens created through the Chiliz platform are now available through several exchanges for purchasing and trading.

Some of the most prominent teams with their fan tokens in the market include Juventus, Barcelona, Atletico Madrid, Manchester City, Paris Saint-Germain, AC Milan, and many more.

The fans who are interested to know more about the tokens supported by Chiliz can go ahead and visit Socios.com to get more information.

In addition to the fungible tokens supported by Changelly PRO, the exclusive currency for the Socios.com platform, Chiliz (CHZ) is also available through the Changelly PRO exchange.

Socios.com is a network that has been built for sports fan engagement purposes and it has been built on the Chiliz blockchain. The blockchain exists to enable entertainment and sports organizations to engage with their fans on a global scale.

The organizations can also monetize from their interactions with the fans who are willing to spend money to see their favorite teams and interact with their favorite players.

The teams at Changelly PRO are extremely excited about their latest partnership with Chiliz.

They are glad that the Chiliz platform has been gaining a lot of recognition and popularity, which is eventually increasing the demand and exposure for the blockchain industry.

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Dogecoin Successfully Makes Its First Entry in Indian Crypto Industry 0 10

Dogecoin makes a massive entry into the Indian crypto industry and makes record sales at the majority of Indian crypto trading platforms, including Binance, backed by WazirX.

India is one of the rapidly adopting crypto countries of the world. However, the country is currently undergoing the worst of them all pandemic crisis. The number of corona-infected patients in India reportedly been exceeding 400,000 on daily basis. It is reported that there is an acute shortage of oxygen and necessary medical supplies. The number of death counts is presently the highest compared with other countries of the world.

However, even in the hardest times ever, the Indian crypto industry has wholeheartedly welcomed the famous meme coin, Dogecoin. It was reported that Dogecoin has successfully made its way into the locally operating crypto trading platforms of India. It was reported by several Indian crypto exchanges that they are able to make record sales of Dogecoin. They said that prior to the coming of Dogecoin in the Indian crypto market; they were not expecting such an overwhelming response.

WazirX, which is the largest crypto trading platform in India, informed that they are receiving huge numbers of Dogecoin requests. The demand is so high that it caused a temporary blockage of services at WazirX, told exchange operators. WazirX apprised that the system failed to respond because it was faced with a high number of requests, which it had never seen before. Resultantly, WazirX customers were unable to execute their Dogecoin trading transactions and grew frustrated.

Thereafter the customers took their complaints at Twitter and criticized WazirX. However, WazirX then clarified the present situation and successfully calmed down its customers.

CoinSwitch Kuber that its Dogecoin trading volume has surged by 200% on monthly basis further recorded it. However, the firm noticed that the major surge of 1300% was caused in less than two weeks’ time alone.

It is said that the present Dogecoin surge is because of Elon Musk’s upcoming appearance in a TV show called SNL. Some days ago, Musk revealed that he has been invited to a short gig, which will be broadcasted on SNL – an American TV show. He revealed that in his SNL appearance he would be discussing the meme coin.

It has been confirmed by WazirX that in less than 24 hours’ time, it has managed to trade Dogecoin for 600 Crores in Indian Rupees. While CoinSwitch Cuber reported that, its single-day Dogecoin trading volume successfully hit 100 Crores in Indian Rupees.

It is intriguing that simultaneously almost all Indian crypto exchange platforms have integrated Dogecoin. However, still, there are a few trading platforms that have deliberately refrained from enlisting the meme coin. For instance, ZebPay is one of those Indian crypto platforms that has not inducted Dogecoin. The company was of the view that when the time will come, they will adopt Dogecoin but not now.

PayPal’s Role in Boosting Mainstream Adoption Rate for Cryptocurrencies 0 9

PayPal’s Loud Shout Regarding BTC Reaches The Wall Street; says Novogratz

By 2020, it had been 11 years since the cryptocurrency industry had made it to the online platform. An industry with no physical existence was mainly decentralized, as well as unregulated had been struggling to make its presence known.

It had taken the cryptocurrency industry much hard work and effort before it finally became an attractive asset for individual investors and minor businesses.

However, the cryptocurrency industry was desperately after one particular thing. The cryptocurrency industry wanted to be embraced by the mainstream institutions industry.

The mainstream institutions consist of the real game-changers that have the potential of causing rifts in the global economy. They are literally the entities that control the way the world’s economy operates and they have the power to steer it as well.

In the year 2020, when the cryptocurrency industry gained true recognition among investors, it still struggled to get the attention of mainstream institutions.

That is when a mainstream institution called MicroStrategy, went ahead and started investing in Bitcoin (BTC). Even if MicroStrategy invested in the largest cryptocurrency and not all cryptocurrencies in the crypto-verse, it still made a huge difference.

As Bitcoin (BTC) ended up picked up by MicroStrategy, the mainstream industry paid somewhat attention to Bitcoin (BTC). If mainstream industry took interest in Bitcoin (BTC), then they would definitely explore the entire crypto-verse.

However, still not much was coming towards the cryptocurrency industry from mainstream institutions. That is when PayPal announced in October of 2020, it had integrated major cryptocurrencies on its platform. The online payment services giant announced it had adopted major cryptocurrencies so its users could buy and sell them.

That was the time when mainstream institutions from all over the world paid attention to cryptocurrencies for the first time. Since then, the cryptocurrency industry has only shot up and has gone on to achieve all-time highs.

Even the companies that had their stocks listed on the stock exchanges and were somehow linked with cryptocurrencies reported their stock prices started rising following PayPal’s announcement.

Then mainstream institutions kept coming in one after another showing their interest in cryptocurrencies, and how they wanted to invest in them.

PayPal was the very reason that the cryptocurrency industry for the first time was introduced to 334 million users, through PayPal’s user-base.

After that, companies such as Tesla, Twitter, MassMutual, Rothschild’s Investment Corporation, and many more have invested heavily in cryptocurrencies.

Afterward, PayPal even launched an application called “Venmo” that was dedicated to cryptocurrency trading. Then PayPal announced it had enabled major cryptocurrencies on its platform for the users to be able to pay in cryptocurrencies for acquiring services.

No matter how much any entity may brag about having a huge role to play in boosting mainstream adoption of cryptocurrencies, PayPal’s role in this space can never be denied.

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