Chiliz Partners with Freename to Launch Sport-Focused .CHZ Domains – BitRss

Chiliz, a prominent blockchain provider in the sports and entertainment industry, has announced a partnership with Freename to introduce .CHZ domains. This collaboration marks the first-ever sport-focused top-level domain (TLD), allowing sports fans to create unique digital identities on the Chiliz Chain. The announcement was made here.

To celebrate the launch, Chiliz is hosting a Premium Domain Giveaway on Zealy. Participants can complete simple tasks to win a .CHZ domain. The rewards include one premium domain with a one-year subscription and five casual domains, also with a one-year subscription. Interested users can join the contest on Zealy to secure their place in the Chiliz domain ecosystem.

Exclusive Benefits for CHZ Stakers and Scoville NFT Holders

The partnership with Freename offers exclusive benefits to CHZ stakers and Scoville NFT holders. These benefits are provided by Freename and are redeemable on their platform, subject to Freename’s Terms and Conditions.

CHZ stakers on the Chiliz Chain can receive discounts and free domain renewals when purchasing a .CHZ domain. Staking between 1,000 and 10,000 CHZ earns a $30 coupon and a two-year domain renewal. Those staking between 10,001 and 50,000 CHZ receive a $75 coupon and a three-year renewal, while staking over 50,000 CHZ provides a $100 coupon and a five-year renewal. Stakers must verify their status at checkout to claim these rewards.

Scoville NFT holders can enjoy a $10 discount on their .CHZ domain purchase, along with a two-year renewal. The discount can be redeemed using the coupon code SCOVILLE25 at checkout.

Features of .CHZ Domains

The .CHZ domains offer several features within the Chiliz ecosystem. Users can replace complex wallet addresses with memorable .CHZ domains, simplifying wallet management and making it easier for others to find them. The domains are compatible with multi-chain environments, allowing users to set custom records across different blockchains.

Additionally, .CHZ domains enable secure transactions by enhancing privacy for crypto payments. They also support the creation of Web3 websites through a Website Builder tool, allowing users to connect multiple digital assets via smart contracts and establish a unified digital identity.

For more information, visit the Freename website.

Why This Matters: Impact, Industry Trends & Expert Insights

Chiliz has partnered with Freename to introduce .CHZ domains, marking a significant development in blockchain-based digital identity solutions for sports fans.

A recent industry report highlights the integration of cryptocurrencies in domain registration, which is becoming increasingly common. This trend is evident in the Chiliz and Freename partnership, allowing users to purchase .CHZ domains with crypto, thereby enhancing convenience and security in digital transactions.

As per insights from industry experts, blockchain technology is expected to transform traditional finance through tokenization and increased adoption. This reinforces the significance of the Chiliz initiative, as it aligns with broader trends of blockchain adoption and integration into various sectors.

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