Chiliz - The perfect crypto for sports fans

Chiliz (CHZ)

What is Chiliz?

Chiliz is a protocol that trades on both Ethereum and Binance Smart Chain to empower the Socios.com platform. This project issues Fan Tokens on behalf of sports teams; where fans can invest to participate in governance and get rewards related to their club; like tickets to matches and official merchandise.

Why does Chiliz have value?

The sports industry generates a lot of revenue in the traditional market. Chiliz allows fans to have a more direct relationship with their teams and influence the future of the organization by voting in polls and participating in virtual events. It started with a focus on soccer clubs but now has partnerships with racing and eSports teams as well.

What are the benefits of Chiliz?

●       Adopted by big sports teams, like FC Barcelona and Paris Saint-Germain.

●       Low competition in its niche.

●       Fan tokens give voting rights pertaining to franchise decisions.

●       It’s fun and gives fans additional reasons to support their teams

What are the disadvantages of Chiliz?

●       It cannot be mined or staked.

●       The Socios.com platform is not available in many major countries

What are CHZ’s tokenomics?

The total supply of CHZ is 8.8 billion, that were minted when the network launched. 34.5% were sold in different rounds; 7% went to seed investors; 20% went to the userbase reserve; 15% were allocated to fund marketing; 3% went to the advisory board; 5% to the development team; and 15% reserved for strategic acquisitions.

Who founded Chiliz?

Alexander Dreyfus.

Who are Chiliz invenstor’s?

Chiliz has conducted two sales rounds, raising over $66 million. Its main investors are Binance and Jump Trading.

Concise Crypto Grade:

A-  :Chiliz is an exciting crypto project and one that we are very fond of. It’s changing the way that fans interact with their favorite sports franchises and gives token owners a sense of ownership in their favorite club. Chiliz is the future of sports and entertainment and would definitely receive an A+ if it was available in more countries.

Where can I buy CHZ?

Binance, Huobi Global, Coinbase, KuCoin, FTX, Gate.io.

What ecosystem does Chiliz run on?

Chiliz