Three cryptocurrencies soared high, after receiving direct support from the Binance Launchpool platform.
Binance foreclosure platform allows users to allocate and deposit their digital currencies to provide liquidity in exchange for rewards.
Recently Binance for Placement announced the support of three new digital currencies, which are:
OG
ATM is the digital currency of Club Atlético de Madrid.
ASR is the digital currency of the Italian club Roma.
This support comes from Binance as part of Binance's partnership with “Chiliz,” the latter of which is a blockchain company that aims to help sports clubs invest in their fan base through digital currencies.
The Chiliz project manages the “Socios.com” platform, which is a platform that enables a range of sports franchises around the world, chief among them the sale of sports club digital currencies and displaying them to fans.
For example, owners of soccer club cryptocurrencies can participate in exclusive surveys that can influence team decisions, in addition to accessing rewards and other benefits.
The digital currency “OG” allows fans of “OG,” an esports club that has gained popularity while playing “DOTA 2” on the international stage, to vote through Socios on the polls published by the team.
After Binance for divestment announced its support for the OG digital currency, the coin was affected and rose by more than 721% as it was estimated at $ 1.75 on December 21, rising and reaching an all-time high of $ 14.38 on December 27, according to CoinGecko.
ASR digital currency, a currency for fans of Italian football club Roma, as it offers fans the opportunity to participate in polls as well as earn rewards from participating.
On December 21, before Binance announced its support for the currency, its value was $ 3.55. After the announcement, the currency rose to $ 20.6, recording a 480% gain in 6 days, as the image above shows.
The digital currency ATM, intended for fans of Atletico Madrid Football Club, allows fans to express their opinions and communicate them to the management of the club.
The ATM cryptocurrency was also affected and soared after the announcement of its support for Binance for privatization, rising from $ 4.08 on December 12 to $ 21.99 on December 27, an increase of 438% within a few days.
With Binance's support for placement of these cryptocurrencies, users can now share BNB, BUSD and CHZ in separate earning pools (OG, ASR and ATM).
Then Binance will open the possibility of trading these digital currencies against both Tether and Bitcoin.
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