Playmaker

[Playmaker @PLMKR10]

A large whale received 954m $CHZ during the private placement of @Chiliz in 2018/19.

This whale has sent 75m CHZ to #Binance since September on the road to World Cup and Chiliz Chain 2.0 mainnet.

Let's have a look on-chain 🧵

[Playmaker @PLMKR10]

@ChristiaanDefi @Chiliz What products / features in particular do you like / use on Chiliz Chain? ;)

[Playmaker @PLMKR10]

@fan_tokens @ChrisOtt @FanTokens I know the account. My question is, why this is supposed to be a game changer? Socios was doing exactly what this one is trying: Promotion of Fan Tokens. What is different, apart from it's name?

[Playmaker @PLMKR10]

@IncomeSharks Crypto attracts mostly people that care only about their own money and making more of it in short time, how is this space supposed to create something truly purpose driven? Crypto is 99% built on financial incentives.

[Playmaker @PLMKR10]

@KuserRusse311 @alex_dreyfus @PepperChain @Chiliz @ChilizNederland Why did they remove it?

[Playmaker @PLMKR10]

@fan_tokens @ChrisOtt @FanTokens The Socios account was basically posting only about Fan Tokens, for years, what is different now with the Fan Tokens account? Why should there be a different result, b/c the account name is different?

[Playmaker @PLMKR10]

@falamnk Yes. Not enough cool stuff to do on the chain. Even traders prefer other chains for memes etc

[Playmaker @PLMKR10]

Despite all ups / downs of the market and all building over the years, $CHZ booked consecutive lower highs and now trades at $0.04 i.e. 95% <ATH. Yesterday, the sportschain, who signed most big football clubs, had 3k active addresses, 62k TXs and gas revenue of 8.3k $CHZ ($350)

[Playmaker @PLMKR10]

@SteveTheRich WC 2022*

[Playmaker @PLMKR10]

@SteveTheRich You realize that two of the lower highs printed were caused by World Cup 2023 and Euro 2024 and both were not as significant as previous tournaments, right? Chiliz doesn't have the "Sport" narrative exclusively anymore and it shows.

[Playmaker @PLMKR10]

@osska89 'It ain't over until the fad lady sings', however, certainly we all as creators, investors, users, builders, etc were hoping for more apps, adoption, traction, growth, fun. And certainly a better performance of $CHZ and Fan Tokens, so yeah it's kind of a pity. Maybe the US FTs..

[Playmaker @PLMKR10]

If you look at $CHZ TVL *excl. staking*, the amount of capital locked in other dapps seems pretty stagnant

$7m TVL is still 98% Kayen (liquidity pools) and total TVL (🔵) just follows $CHZ price development (🟡)

[Playmaker @PLMKR10]

@Darth_Hodler And you consider $CHZ a top alt? Last monday, Feb 10th, the chain had 5000 $CHZ gas revenue, in today's prices that's $265 in daily gas revenue, compare this to other EVM chains ...

[Playmaker @PLMKR10]

Still #120 CMC at $0.05, harsh reality that $CHZ still is not in the place that some people told you it would be at "next bull run"

[Playmaker @PLMKR10]

@Darth_Hodler You still believe in the "all alts will eventually pump" in this different, very much more diluted market? :)

[Playmaker @PLMKR10]

@2001spaceody It was not just a deal, they acquired a stake into a FC Barcelona subsidiary, this is more, hence why I expected more.

[Playmaker @PLMKR10]

Chiliz x Barcelona (original) $100m deal (restructured later) announced Aug 1, 2022 - Did anyone see any new product or feature or utility for either $BAR or $CHZ chain coming off of this major strategic acquisition for fans / users now 2.5 years later?

[Playmaker @PLMKR10]

IMO, Fan Tokens did not work out as hoped yet i.e. did not find their way out of crypto communities into sports communities to make it a standalone business model. Guess that is in part why Chiliz communicated to pivot towards Chiliz / Crypto at some point. But in crypto, what is their unique edge? Apart from SportFi, they don't create new narratives, they rather try to follow them (AI, RWA, MEMES) in my view often too late.

[Playmaker @PLMKR10]

@TommyJoao57 Even if the SPAC with Mountain was not realized, which was rather a funding and organizational issue, they could still have worked on new features for $BAR

[Playmaker @PLMKR10]

@Chiliz_Swiss As long as there are new announcements, most people don't care about follow up of past announcements. Convenient.

[Playmaker @PLMKR10]

@cointraderss And there is literally no follow up given on this major deal that was marketed so prominently back then