American Football and Coinbase Partnership

Chain (XCN) & New England Patriots Partnership!

While Bitcoin (BTC) remains stagnant, some altcoin projects manage to challenge the market with burns, partnerships and updates. The Web3-based altcoin has surged this week after news that it has signed a sponsorship deal with the New England Patriots, one of the leading American football teams in the US. Following a partnership with Kraft Sports + Entertainment, blockchain infrastructure solution company Chain (XCN) is now the official blockchain and Web3 sponsor of the New England Patriots football team. Chain's native governance token XCN was trading at $0.067 before the announcement. The altcoin surged 12% to $0.075 after the partnership. The altcoin, ranked 37th by market capitalization, is currently trading at $0.0778. XCN is up more than 4% in 24 hours and more than 25% from its weekly low of $0.619. https://twitter.com/Chain/status/1572951451944747010 Murray Kohl, vice president of sales at Kraft Sports + Entertainment, said that with Chain, they will strive to be at the forefront of innovation and initiatives with the latest blockchain technology. With this new move, fans will have unique experiences and a stronger connection to the team and ecosystem. Chain offers cloud, ledger and NFT services. The company also recently partnered with Coinbase for the launch of an "education" program that offers XCN rewards for cryptocurrency beginners who complete the exchange's series of quizzes and learning modules. Despite this week's price surge, XCN is still 57% away from its all-time high of $0.18 reached at the end of May. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!