The live price of Chiliz is - per (CHZ / USD) with a current market cap of $417.89M USD. 24-hour trading volume is - USD. CHZ to USD price is updated in real-time. Chiliz is -% in the last 24 hours with a circulating supply of 9.60B.
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Chiliz (CHZ) is the ecosystem token used in the Socios.com sports fan engagement app. It functions as a utility token on the platform, enabling sports clubs to issue fan tokens on Chiliz's permissioned Ethereum sidechain. Socios.com aims to transform the relationship between sports fans and their favorite teams. Clubs can launch Fan Tokens through a Fan Token Offering (FTO), which are tradable on the Chiliz Exchange and grant holders special privileges, such as voting rights on club decisions. The project documentation includes examples like choosing goal celebration songs or naming training facilities. Active fans may also earn exclusive rewards. The platform has formed partnerships with several sports teams, including FC Barcelona, Juventus, and İstanbul Başakşehir.
Chiliz is an essential part of the Socios operation, allowing fans to purchase NFT products issued by their favorite celebrities, athletes, influencers, and entertainers. CHZ is the native token of the Socios app and the only currency usable on the platform.
The core mission of Socios is to give users the opportunity to engage with their favorite athletes and celebrities. For example, after purchasing an NFT on Socios, users can take part in team-related decisions by buying tokenized shares of influence.
CHZ is exclusively used to access the Chiliz Socios app and to purchase fan token products or Locker Room tokens. With CHZ, users can interact with and gain partial ownership of products issued by their favorite celebrities and athletes.
Chiliz was founded by Alexandre Dreyfus, and the Socios platform was launched in 2019. CHZ was initially released in October 2018.
The CHZ token operates on the Chiliz Chain, which is a Proof of Authority (PoA) blockchain. It functions on both BNB Chain and Ethereum, allowing switching between the BEP-2 and ERC-20 standards.
Chiliz stands out due to its significant partnerships with major international sports teams, such as Juventus Football Club. This allows fans to purchase and own branded NFTs on the Chiliz platform, giving them a degree of influence over their favorite public figures, athletes, and teams.
The total supply of CHZ tokens is 8,888,888,888.
The Chiliz to other currencies exchange rate?
