Fan Tokens:96
Market Cap:$295.36M
Diluted Market Cap:$618.86M
24h Volume:$115.27M

Fan Token creators Chiliz power NAVER Pay sports ticketing initiative with 200K NFTs minted.

The growth of the Fan Token ecosystem is tied to the mainstream adoption of its underlying technology, Chiliz Chain. When millions of fans use everyday applications that rely on Chiliz Chain, Fan Tokens are bound to gain popularity. 

A new sports app gives a powerful blueprint for how widespread Chiliz Chain usage can happen. In just six weeks since the NPay Wallet app launched in South Korea, over 200,000 unique users have minted an NFT on Chiliz Chain. 

This new app, built by payment giant Naver Pay, centers around ticketing for the Korea Ladies Professional Golf Association (KLPGA), and demonstrates Chiliz Chain’s ability to support large-scale, real-world applications for everyday consumers.

The success of this adoption is rooted in a seamless user experience. The NPay Wallet allows fans to receive their sports event ticket as a secure, verifiable NFT with a simple reservation on the Naver platform.
Requiring no special sign-ups or printed tickets, this process removes barriers to blockchain entry and introduces Korean fans to the benefits of NFTs: true digital ownership, and a permanent, collectible souvenir.

This app is a powerful catalyst for the entire Chiliz ecosystem within the crypto-savvy South Korean market. By powering a core service for a household name like Naver Pay, it introduces Chiliz Chain to hundreds of thousands of users in the region.
This builds a foundational layer of trust and familiarity with the technology, creating a fertile ground and a wider adoption pathway for other Chiliz-based assets, including Fan Tokens and future SportFi applications.