$CHIF will be entering the HOTTEST market in the Crypto space and this is why we should expect it trading over and above $20+, take into consideration the low unrestricted float of 2.4 million shares.
Crypto entrepreneurs capitalize on esports
According to some of the latest news reports, blockchain and esports entrepreneurs are seeking to capitalize on the opportunity to converge the markets.
Looking at recent news trends, combined with the macro events of 2020, esports and gaming currently seem to be one of the hottest tickets.
Due to a lack of attendance at in-person events this year, the global esports market shrank slightly, but it’s forecast to grow by over 50 percent in the next three years, rising to $1.6 billion. Analysts within the crypto sector already believe there’s vast potential to tap into this market, with digital research firm Messari predicting mass adoption of blockchain technology. The market demographic fits well into this scenario – predominantly male, aged 18-34 and based in economically developed countries.
THIS IS HOW ESPORT WORKS, THIS IS THE TECH OF THE FUTURE!!!!!
Blockchain technology started with Bitcoin, but it has proven to be a valuable technology for purposes other than money. While there are a wealth of startups developing tools around blockchain, it’s also being adopted by major corporate giants and governments to help with food safety, welfare benefits, and data analytics. It’s also fueling a new industry of digital collectibles, in which digital artwork, in-game items, and other creations are individually “tokenised” on a blockchain to prove rarity and authenticity.
Now those digital collectibles have hit the esports market. As of this writing, we have seen four major esports teams announce crypto fan tokens, which fans can purchase to gain access to exclusive features. For example, owning fan tokens may allow someone to vote on team-related matters – such as which in-game banner it should use in competitions – as well as have early or exclusive access to purchasing merchandise, or potentially be able to meet or compete against their favourite players at an event.
SHARE STRUCTURE IS LOW AND WE ARE STILL AT THE BOTTOM.
BENEFITS OF OWNING CHIF
*ESPORT CRYPTO SPACE
*CEO IS TRANSPARENT AND COMMUNICATES WITH HIS SHAREHOLDER
*AFFILIATED WITH MR. WONG OF THE LABS GROUP AND BITMART.COM
*TG EQUITY OWNERSHIP 50%
*NO REVERSE SPLIT
*MAJOR WALL STREET BANKER INVOLVED
*ONLY 2.4 MILLION SHARES IN THE FLOAT
*CHIF may not be the first company to combine digital assets/crypto and E-Sports
*CHIF's entrance into the Esport sector will include two or three immediate acquisitions and huge names,
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