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Chiliz, a blockchain company, is set to launch a new memecoin called 'Pepper' in October. The CEO of Chiliz, Alexandre Dreyfus, emphasized that fan tokens have a larger market than NFTs, with a daily volume of $134 million. Dreyfus noted that fan tokens are actively used in stadiums, unlike NFTs, which he described as overhyped. Chiliz aims to become 'the sports blockchain' through this new initiative.
#CryptoVsStocks🧐 Surprising that Lazio's Market Cap (€56M) is nearly the same as the FDV of their Fan Token ($48M)! @OfficialSSLazio Even more unusual is the inverse correlation—while the Fan Token drops📉, the stock rises. 📈Same with @juventusfc. What are your thoughts? 🤔 https://t.co/fLrC4rbOa1
.@Chiliz is launching the Pepper memecoin later this month as it aims to become "the sports blockchain," its CEO @alex_dreyfus says, noting the fan tokens' market is much larger than NFTs. https://t.co/9ONwUlyqab
FAN TOKENS ARE SMOKING NFTs: CHILIZ CEO Chiliz CEO Alexandre Dreyfus thinks fan tokens are wiping the floor with NFTs. He called NFTs overhyped, while fan tokens are actually being used in stadiums every week. Chiliz is dropping a new memecoin called “Pepper” on October… https://t.co/CvthO1q1Cg
