Chiliz CEO Alexandre Dreyfus has announced that they are working on the next version of Chiliz Chain. With the new version, users will be able to generate various tokens such as non-fungible tokens (NFT) and fan tokens.
Alexandre Dreyfus Explained that new features will be added to the Socios.com application in the next 2 weeks.
Chiliz Chain currently operates as a side-chain using the Ethereum infrastructure and proof-of-authority (PoA) algorithm. It is said that non-fungible tokens and fan tokens can be minted in Chiliz Chain v2.0, which is under development.
Dreyfus said that all the establishment they have achieved over time, but they are “at the beginning of the road”.
According to Dreyfus’s statement, the default token of Chiliz Chain v2.0 will remain CHZ. While no date was given for Mainnet, it was stated that testnet will be ready very soon.
Working in compliance with ERC-20 and BEP-2 standards, CHZ was launched in February 2018 at a price of $0.0215. The price hit a record $0.878 on March 13, 2021, according to CoinGecko.
— Alexandre Dreyfus (@alex_dreyfus) April 21, 2021