Chiliz set to launch a startup incubator
The Chiliz Labs program will be supported by Jump Crypto, the investment division of Chicago-based market maker Jump Trading.
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The incubator will invest in promising Web3 projects focused on sports and entertainment, the most promising of which will have the opportunity to develop on Chiliz's native blockchain. The opening of the first 8-10 projects is expected soon.
Chiliz's main competitor today is Sorare, a digital trading card company that has agreements with the 5 best national football leagues in Europe. Flagship platform Chiliz Socios.com sells fan tokens associated with the clubs “Barcelona”, “Juventus” and “Manchester City”.
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