{"id":424599,"date":"2022-03-31T23:35:00","date_gmt":"2022-03-31T20:35:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/chiliz-launches-public-testnet-for-its-new-layer-1-blockchain\/"},"modified":"2022-03-31T23:35:00","modified_gmt":"2022-03-31T20:35:00","slug":"chiliz-launches-public-testnet-for-its-new-layer-1-blockchain","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/chiliz-launches-public-testnet-for-its-new-layer-1-blockchain\/","title":{"rendered":"# Chiliz launches public testnet for its new layer-1 blockchain"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27f5e6b8dac\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27f5e6b8dac\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/chiliz-launches-public-testnet-for-its-new-layer-1-blockchain\/#%E2%80%9D_Chiliz_launches_public_testnet_for_its_new_layer-1_blockchain_%E2%80%9C\" >&#8221; Chiliz launches public testnet for its new layer-1 blockchain &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Chiliz_launches_public_testnet_for_its_new_layer-1_blockchain_%E2%80%9C\"><\/span>&#8221; Chiliz launches public testnet for its new layer-1 blockchain &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvYzljNDIzMzItZDQ3YS00YWMwLThkMzgtODUxN2MwNGRmNWU3LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Digital asset sporting project Chiliz has announced the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/chiliz\/chiliz-chain-2-0-341c60ee8b3\">launch<\/a> of the Scoville testnet for the newly established layer-1 blockchain network Chiliz Chain 2.0, also known as CC2.<\/p>\n<p>CC2 will seek to advance the Web3 capabilities of high-profile sporting and entertainment firms to create nonfungible tokens (NFTs) and fan tokens,\u00a0construct decentralized finance (DeFi) <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications and play-to-earn (P2E) <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>s, as well as implement a range of programms and services for their community.<\/p>\n<p>Founded in 2018 and headquartered in Malta, Chiliz has established itself as the leading digital asset for sporting engagement, with their native token, CHZ serving as the primary currency within the fan-orientated Socios.com platform.<\/p>\n<p>Providing specific details on the process of stakeholder approval, as well as the on-chain validation mechanism proposed within the proof-of-stake authority model, Chiliz chief strategy officer Max Rabinovitch stated, \u201cthe number of validators will increase over time as the ecosystem grows and the fees are significant enough to be shared across more validators.\u201d<\/p>\n<blockquote><p>\u201cApproval of the validators must go through our governance process, with validators voting to approve any new validators. Voting power will depend on the amount of $CHZ stacked by each validator.\u201d<\/p><\/blockquote>\n<p>Following successful implementation of a six-phase testnet roadmap \u2014 in which each iteration\u2019s title is aligned with the brand ethos, and follows a chronological order based upon the chilli pepper Scoville scale \u2014 the Habanero mainnet launch is expected between Q3 and Q4 of this year.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">CC2 WILL become the protocol foundation of a web3 development ecosystem geared around the needs of sports &amp; entertainment organisations \ufe0f<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24CHZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$CHZ<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Nht0PqIzGf\">pic.twitter.com\/Nht0PqIzGf<\/a><\/p>\n<p>\u2014 Chiliz ($CHZ) &#8211; Powering Socios.com \u26a1 (@Chiliz) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Chiliz\/status\/1509508310847787012?ref_src=twsrc%5Etfw\">March 31, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CHZ is currently ranked 66th in market capitalization ranking and priced at $0.284, at the time of writing. The asset reached an all-time high of $0.89 just over a year ago and has since contracted in relative parity with other assets in the market.<\/p>\n<p>Speaking on the projects vision for the growth in engagement and utility of the CHZ token for both fans and developers amid a transition towards a more inclusive ecosystem, Rabinovitch revealed that \u201cutility and fan engagement is achieved through fan tokens on Socios.com, where CHZ has existed as a medium of exchange, but thanks to CC2, Socios.com is no longer the sole steward of the Chiliz narrative\u201d, and that \u201cholders will be able to stake their CHZ allowing them to become active network participants.\u201d<\/p>\n<p>The Chiliz Labs accelerator program will also provide infrastructure services, technical assistance and funding grants to developers seeking to build on-chain applications upon the CC2 network.\u00a0<\/p>\n<p><strong><em>Related: Cointelegraph Top 100 2022 &#8211; Alexandre Dreyfus, CEO of Socios.com and Chiliz &#8211; #23<\/em><\/strong><\/p>\n<p>Earlier this week, Socios.com announced the signing of footballing icon Lionel Messi as the company\u2019s inaugural global brand ambassador.\u00a0The deal was reportedly worth over $20 million and extends for an initial three-year period.<\/p>\n<p>Having secured partnerships with over 130 established organizations from the footballing world, including Messi\u2019s former boyhood club FC Barcelona, and his current outfit Paris Saint-Germain, Socios believe the acquisition could enrich worldwide opportunities for fan participation in their beloved game, as well as encourage greater engagement in digital asset experiences on their platform.<\/p>\n<p>Rabinovitch candidly expressed his enthusiasm for the partnership by referring to Messi as the &#8220;greatest-of-all-time,&#8221; or the GOAT, a cultural accolade often attributed to the sports&#8217; most esteemed players such as Pele and Diego Maradona, and more recently, Cristiano Ronaldo and Leo Messi. The debate on who the true GOAT continues  is!<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today roughly 90% of our <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> using employees spent 5 minutes+ each trying to figure out a more clever way to signal that we signed Messi, only to end up smashing the GOAT emoji &amp; calling it a day.<\/p>\n<p>\u2014 Max Rabinovitch (@Max_Rabinovitch) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Max_Rabinovitch\/status\/1508787507470680067?ref_src=twsrc%5Etfw\">March 29, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/chiliz-launches-public-testnet-for-its-new-layer-1-blockchain\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Chiliz launches public testnet for its new layer-1 blockchain &#8220; Digital asset sporting project Chiliz has announced the launch of the Scoville testnet for the newly established layer-1 blockchain network Chiliz Chain 2.0, also known as CC2. CC2 will seek to advance the Web3 capabilities of high-profile sporting and entertainment firms to create nonfungible&#8230;<\/p>\n","protected":false},"author":1,"featured_media":424600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvYzljNDIzMzItZDQ3YS00YWMwLThkMzgtODUxN2MwNGRmNWU3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,95118,75385],"class_list":["post-424599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-nft","tag-sport"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/424599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=424599"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/424599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/424600"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=424599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=424599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=424599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}