Playmaker

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 🧵

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)

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 (🟡)

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"

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?

Don't think rising tide lifts all boats approach will work in crypto anymore, neither in investing nor in building. Industry too big now, too many tokens, to many chains. There is less probability than ever that industry growth will lift you up if you don't have a real edge.

There have been many $CHZ announcements about projects and initiatives over the past year or so, but bottom line paid on-chain transactions still don't indicate a sustainable uptrend indicating a growth story for the on-chain economy of the Sports Chain

Ask me anything about $CHZ 🌶️

$CHZ chain active addresses count past days: Jan 01: 1.6k Jan 02: 1.8k Jan 03: 1.8k Jan 04: 1.6k Jan 05: 1.6k Jan 06: 2.0k Unique addresses count: 2,144,859 - even if we take the highest day of 2k, that's an on-chain activity ratio of 0,09% past week

Requires little for most "creators" to shill a token to a hopeful crowd. crowd wants it that way. thirsty for hopium, confirmation, reassurance. doesn't even matter what creators post, as long as it is bullish-biased for a crowds favorite token. this symbiosis fuels 99% of CT.

Key argument for why we might not see a fully blown alt season like in past cycles, pumps will be more selective with so many tokens and the tide might not be strong enough (anymore) to lift all boats, especially as lots of funds flow into BTC ETFs and won't spill over into alts

$CHZ hit ATH $0.9 on March 13, 2021 at a circulating supply of 5.5B; its MC exceeded $4B at the time $CHZ is now at $0.09 (-90%) with its MC down to $0.8B (-80%) while supply grew to 9.2B since then (+67%)

Almost two months after $BLOCK was made accessible to "2m+ fans" on $CHZ chain, just 18 wallets hold $BLOCK; only 6 addresses hold more than $10. 24h Vol on Kayen DEX is $1.2k which is just 0.05% of Blocks total 24 Vol of $250k, mostly happening on SOL DEXs (70%) and CEXs (25%)

In bear markets, when no attention is on crypto, you should evaluate building progress ("input") In bull markets, when all attention is on crypto, you also want to see fundamentals pump ("output") TXs, Gas Fees, Trading should rise-up at some point to validate your L1-thesis