With less than five days till the start of the FIFA World Cup 2022 in Doha, Qatar, many football enthusiasts are preparing for the year’s largest athletic event. Chiliz (CHZ), the #40 rated altcoin that drives the Socios.com football fan token network, has joined with cryptocurrency behemoth Binance to create Binance Football Fever.
How to Participate in Binance’s Football Fever
The Football Fever is free to use and can be accessed via the Binance app or desktop, but there are a few requirements. To begin, one must have one of the popular football fan tokens on their account in order to obtain the free NFT Football Passport. The standard edition of the NFT passport allows you to participate in the $1,000,000 prize pool and predict the scores of all FIFA World Cup 2022 games to win additional prizes such as crypto, cash, and exclusive NFTs.
The Super NFT Football Passport requires the possession of at least ten football fan tokens, which could include popular football club coins such as the Lazio Fan Token (LAZIO), Santos FC Fan Token (SANTOS), or national football team cryptocurrencies such as the Portugal National Team Fan Token (POR) or the Brazil National Football Team Fan Token (BFT), among many others.
The Pride of Nations NFT collection has all 32 national teams who qualified for World Cup ’22. The Super NFT Football Passport, according to Binance, allows fans to receive 250% more returns on prizes. Furthermore, the football fan tokens double with the quantity.
Despite the Crypto Winter, Chiliz (CHZ) is back on track.
According to CoinGecko, the football-related coin Chiliz (CHZ) is now trading at $0.212082. This is a 4.8% increase in the previous 24 hours and a 16% monthly gain. On the other hand, the official FIFA blockchain partner Algorand (ALGO) had a good day, gaining 8.8% in the last 24 hours. According to CoinGecko, the 30th ranked altcoin ALGO is currently trading at $0.277439 at the time of publication.
On the Flipside
- Chiliz (CHZ) is down by 62.2% in yearly terms.
- Algorand’s (ALGO) yearly loss is even greater, at 86%.
Why You Should Care
Sports NFTs are a fast expanding niche industry that is anticipated to develop tenfold by 2032. Meanwhile, the FIFA World Cup is the world’s largest athletic event, bringing together supporters from 32 countries.