When we look at the agenda, we come across a few important topics that attract our attention. Today, we will talk with you about the incident between the SEC and Forsage, the GameFi project announced by Shiba Inu, and briefly talk about what Chiliz is, which has been making a good rise for the past week.
Shiba Announces New Project
The popular meme token announced the GameFi project. Continuing to work on increasing its value with new projects and brands, Shiba Inu’s developers have recently started to take steps in areas such as NFT and metaverse. The team recently announced Shiba Eternity, the GameFi project they are working on. The Shiba Inu team is working with game development company PlaySide Studios to bring this game to life. Before the official announcement, the developers released a teaser on Twitter last week and aroused curiosity. After this sharing, some details about the project began to be announced. Although very deep details are not given about the project, it is understood through the shares that the game is a card game.
When we look at the data of the last 7 days, we will take a brief look at the Chiliz project, which has increased by 37.83% and increased by 14% in the last 24 hours.
What is Chiliz?
Chiliz is an ERC-20 and Ethereum-based token released by Socios.com in 2018. This blockchain-based token allows its users to interact with and earn money from entertainment and sports organizations and even athletes. In this way, with the use of fan tokens, it is aimed that users have a say in the decisions taken on the team.
Why Is Chiliz Price Rising?
If we look at why the price of Chiliz has increased, we can show that Socios bought the 100 million euro part of Barca Studios. Socios, owned by Chiliz, announced on its official medium account on August 1 that they have acquired 24.5% of Barca Studios, a subsidiary of Barcelona. According to the statements, behind this purchase lies the acceleration of Barcelona’s metaverse, NFT and web3 initiatives.
Forsage Ponzi Scheme?
The US Securities and Exchange Commission (SEC) has accused Forsage officials of allegedly creating a Ponzi scheme. The SEC has indicted 11 people involved in the founding and promotion of Forsage, the crypto pyramid and Ponzi scheme that has raised more than $300 million in funds from millions of investors. Among the accused names are the names who contributed to the advertising activities along with the four founders of the company. According to the regulator’s report, the Philippines Securities and Exchange Commission in September 2020 and the Montana Securities and Insurance Authority in March 2021 accused Forsage of fraud and requested the suspension of its activities, but despite all this, the company continued to advertise on various channels such as YouTube. Carolyn Welshhans, Deputy Head of the SEC’s Crypto Assets and Cyber Unit, said: “As stated in the complaint, Forsage is a fake Ponzi scheme that is aggressively marketed to investors.”
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