The post Why Chiliz is betting big on AI and staking for sports blockchain adoption appeared on BitcoinEthereumNews.com.

Chiliz, the blockchain platform behind Socios.com, continues to redefine the relationship between cryptocurrency and the sports industry.  With two billion Chiliz (CHZ) tokens now staked and regulatory approval from the Malta Financial Services Authority, the platform has solidified its position as a leader in blockchain-based fan engagement.  In an exclusive interview with crypto.news, Max Rabinovitch, Chief Strategy Officer at Chiliz (CHZ), discusses key aspects of the platform’s staking model, its innovative approach to AI, and the challenges of integrating these technologies into the broader blockchain ecosystem. These insights tap into the implications of regulatory scrutiny, including the SEC’s reconsideration of its lawsuit against ConsenSys, and how it could set a precedent for platforms like Chiliz.  He also explains the core principles of staking and how Chiliz’s unique validator mechanism is helping shape the future of decentralized sports engagement.  Below, Rabinovitch shares his thoughts on staking and what’s next for Chiliz as it leads the way in bridging blockchain with the world of sports. Do you think the SEC’s reconsideration of its lawsuit against ConsenSys will set a precedent for future cases involving staking platforms? How will it affect Chiliz? “At Chiliz, we’ve worked actively with regulators in Europe to set a clear path forward for crypto-service providers, including securing regulatory approval with the Malta Financial Services Authority this year. As a global leader in sports blockchain, we welcome a collaborative approach from regulators; we believe that this approach helps to work toward a framework that will empower platforms like ours to continue thriving and innovating confidently in these jurisdictions.” Can you explain the core principles of staking and its significance in the cryptocurrency ecosystem? “User participation through staking is the backbone of any blockchain, where tokens are locked up to secure the network and, in return, users are rewarded. It’s…

---

Filed under: News - @ February 28, 2025 7:24 pm