What does it do?
According to their website
“Chiliz is a currency option for blockchain-backed products & services geared towards mainstream consumers. We want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more. Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences.”
The Chiliz team has built the Socios.com website and app that gives fans a voice, Socios allows users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition.
Where does CHZ come into it?
“The Socios.com fan engagement platform is built from the ground up on the Chiliz blockchain infrastructure & uses CHZ as it’s exclusive on-platform currency. Socios.com allows fans to purchase branded Fan Tokens”.
Essentially CHZ works an a trading pair for fan tokens. It is the exclusive pairing if you want to purchase a token for your favourite sports team, and therefore has to be purchased in order to purchase a fan token. The fan tokens are then used by fans in voting and engagement rewards.
Chiliz Ecosystem/Partners
CHZ has an abundance of partners within sport, particularly with world renowned football (soccer) teams, notable partnerships include:
- FC Barcelona
- Juventus F.C.
- Club Atlético de Madrid, S.A.D.
- Paris Saint-Germain F.C.
- Team Heretics (esports)
- OG (esports)
Micro/Low/Big Cap?
At the time of writing CHZ is ranked 140th by market cap with a market cap of $53m.
Where can I buy it?
The highest volume exchanges are:
Other exchanges include:
- Huobi Global
- Hotbit
- BitMax
Where can I learn more or join the CHZ community?
Website:
https://www.chiliz.com/en/home/
Socios website:
Trading exchanges:
Telegram:
In-depth review/guide:
Twitter:
