Chiliz Announces Strategic Integration with FanC to Enhance Creator Economy Platform

SEOUL, South Korea, 02 Dec, 2024 Chiliz, the global leader in blockchain technology for sports and entertainment, today announced a strategic integration with FanC, the blockchain-powered creator economy platform behind the popular short-form content app CELEBe

The integration enables CELEBe’s massive user base of over 8 million active users, including 830,000 monthly active users, to seamlessly interact with the Chiliz Chain ecosystem. This partnership represents a major step forward in linking both ecosystems.

The integration includes:

  • Complete FanC Wallet integration with Chiliz Chain
  • Ability to mint $FANC tokens directly on the Chiliz Chain
  • Smart contract deployment for converting CELEBe reward points into $FANC tokens on Chiliz Chain
  • Bridge functionality for $FANC tokens on the Chiliz Chain

FanC’s ecosystem, which powers the CELEBe platform, currently enables users to participate in Watch-to-Earn and Create-to-Earn programs, trade NFTs, and engage in content creation. The platform has gained significant traction in the Asian market, particularly in South Korea and the Philippines, where it has established itself as a leading short-form content platform. The platform’s unique reward system has attracted over 30,000 creators and continues to grow rapidly.

Both FanC and Chiliz Chain teams will focus on cross-pollinating their respective communities, bringing CELEBe and FanC users to the Chiliz Chain ecosystem while introducing Chiliz users to the FanC platform. This collaborative approach aims to create a more robust and interconnected blockchain-based content ecosystem.

“We’re excited to welcome FanC and its vibrant community to the Chiliz Chain ecosystem,” said Alexandre Dreyfus, CEO of Chiliz. “With FanC’s impressive user base and proven track record in the creator economy, this integration aligns perfectly with our vision of expanding blockchain utility beyond sports into broader entertainment and content creation.”

“This integration with Chiliz Chain demonstrates our commitment to expanding the possibilities within the creator economy,” said David Lee, CEO of FanC. “By bringing our ecosystem to Chiliz Chain, we’re not just expanding our technological capabilities – we’re opening new opportunities for creators and users alike.”

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