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News

Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup

October 18, 2022 - Around 2 mins mins to read
The leading token fan king Chiliz (CHZ) continues to develop human resources despite the difficult market context.
Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup
Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup 4

Blockchain company Chiliz, the creator of the Socios.com token fan platform, has been promoting recruitment in recent times, despite the unpredictable correction of the market.

Specifically, Chiliz has increased the company’s headcount by more than 70% this year, accelerating its global expansion, Chiliz and Socios.com CEO Alexandre Dreyfus confirmed.

According to Dreyfus, Chiliz currently has more than 300 full-time employees stationed in the cities of Miami, Switzerland, London, Milan and Sao Paulo, Madrid, Malta, Lyon, and Istanbul.

“We’ve grown our team and our global presence very significantly. We have been through market conditions similar to this in the past.”

The cryptocurrency market as a whole has been experiencing several major sell-offs, with total market capitalization plummeting 60% since the start of the year. A series of large and small crypto companies simultaneously cut staff to moderate operations.

Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup
Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup 5

However, token fandom is a rare sector that is still going strong over the past two months, ramping up wildly ahead of the November 2022 World Cup in Qatar.

According to CryptoSlam, the monthly revenue of global fan tokens has increased 200% since the beginning of 2022, reaching $6.4 billion in September, up from $2.2 billion in January.

Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup
Year-to-date monthly volumes of fan token global sales. Source: CryptoSlam

Despite various advancements in the NFT market, Chiliz remains dedicated to fan tokens as the firm’s core emphasis. “We are still at less than 1% of our potential,” continued Dreyfus.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

2022 World Cup

Chiliz

CHZ

Fan token

Socios.com

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Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
News

Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup

The leading token fan king Chiliz (CHZ) continues to develop human resources despite the difficult market context.
Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup
Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup 9

Blockchain company Chiliz, the creator of the Socios.com token fan platform, has been promoting recruitment in recent times, despite the unpredictable correction of the market.

Specifically, Chiliz has increased the company’s headcount by more than 70% this year, accelerating its global expansion, Chiliz and Socios.com CEO Alexandre Dreyfus confirmed.

According to Dreyfus, Chiliz currently has more than 300 full-time employees stationed in the cities of Miami, Switzerland, London, Milan and Sao Paulo, Madrid, Malta, Lyon, and Istanbul.

“We’ve grown our team and our global presence very significantly. We have been through market conditions similar to this in the past.”

The cryptocurrency market as a whole has been experiencing several major sell-offs, with total market capitalization plummeting 60% since the start of the year. A series of large and small crypto companies simultaneously cut staff to moderate operations.

Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup
Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup 10

However, token fandom is a rare sector that is still going strong over the past two months, ramping up wildly ahead of the November 2022 World Cup in Qatar.

According to CryptoSlam, the monthly revenue of global fan tokens has increased 200% since the beginning of 2022, reaching $6.4 billion in September, up from $2.2 billion in January.

Chiliz Has Increased Staff By 70% In 2022 Thanks To The Wave Of The 2022 World Cup
Year-to-date monthly volumes of fan token global sales. Source: CryptoSlam

Despite various advancements in the NFT market, Chiliz remains dedicated to fan tokens as the firm’s core emphasis. “We are still at less than 1% of our potential,” continued Dreyfus.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News