Chiliz launched Fan Token Play, a dynamic tokenomics system where wins burn tokens and losses generate new emissions. The mechanism operates through smart contracts and includes safeguards such as a stop-loss at 75% supply reduction and an annual inflation cap of between 1% and 5%.
CHZ holders are withdrawing tokens, while traders build leveraged positions anticipating upside.
Chiliz said that SBI Chiliz Co., Ltd. and Tokyo Verdy signed a memorandum of understanding to explore the tokenization of the club in Japan. The company framed the deal as the first initiative under the SBI-Chiliz joint venture and a step toward blockchain-based fan engagement in the domestic market.
Chiliz has launched “Fan Token Play,” linking fan token supply directly to official men's first-team match results through mint-and-burn mechanics. Wins burn tokens, losses mint them, and draws leave supply unchanged, while treasury controls, caps, and variable inflation aim to contain extreme swings over time.
Chiliz and BingX are converging around a shared idea: tokenized sports ecosystems are turning fandom into a more structured digital market category for users. In that setting, AI is being framed as infrastructure that helps users interpret sentiment, volatility, club developments, and market signals faster.