✨ Exaion Steps in as Chiliz’s Latest Validator
posted 21 Mar 2024
Exaion, a subsidiary of France's state-owned energy corporation EDF Group, has joined the blockchain Chiliz as a validator. This partnership is designed to enhance technological infrastructure through the expertise of a traditional company and to push the cryptocurrency industry towards ecological sustainability.
Our commitment to energy efficiency and reducing environmental impact enriches Chiliz’s mission to transform how fans interact with their passions,noted Fatih Balyeli, CEO and co-founder of Exaion.
The announcement follows Chiliz blockchain's recent enhancements, which introduced staking rewards to deter inflation and a mechanism for burning a portion of transaction fees, akin to Ethereum's model. The CEO of Chiliz expressed that Exaion's renewable energy expertise is a welcomed addition to their team's efforts.
The project's validator roster previously expanded to include the K1 League, a top-tier South Korean football league, and Paris Saint-Germain football club, which also features its fan tokens on the platform. For more information on Chiliz, check out our dedicated article.
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