About Chiliz (CHZ) Coin
Chiliz (CHZ) Coin is a currency option for blockchain-backed products & services geared towards mainstream consumers. They want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more. provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences.
Chiliz (CHZ) Coin believe that blockchain is the single most important technological innovation of our age. Why? Because it will reshape how the use & interact with the digital world. But for blockchain to realize its potential, it needs to be used in the real-world by real people in everyday life.
Chiliz (CHZ) Coin Various iterations of the current ‘product idea’ have been gestating since 2016. Active work – including product & team development – began in early 2018. They raised $66 million through Private Placement, the largest portion of which is being used to fund the buildout of the world’s first fan engagement & rewards app, Socios.com.
Chiliz (CHZ) Coin We’ve spent the last 2+ years actively #BUIDLING. 8.8 billion $CHZ were generated in October 2018, and after distribution to early contributors, $CHZ was publicly listed on major cryptocurrency exchanges including Binance, BitMax & KuCoin. Socios.com was launched at the end of December 2019; Juventus was the first club to produce their Fan Tokens ($JUV), hold a Fan Token Offering and give their fans the chance to vote on the blockchain.
Chiliz (CHZ) Coin Storage Key Points
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Video Chiliz How Work ?
$CHZ The Rocket Fuel for Socios.com
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 from some of the biggest and most renowned sports teams in the world including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, OG, CAI & UFC.
Fan Tokens bought on Socios.com allow users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition. All Fan Tokens are minted using the Chiliz blockchain & all on-platform voting is executed as a series of smart contracts which run through the Chiliz blockchain.
As of today, Chiliz is 80+ team members strong, across 29 different nationalities. Together with our Malta HQ, we run a development office in Lyon, France, and have active operations in Turkey, Spain, South Korea & Brazil, with team members also active in the UK & Sweden.
Thye have on-boarded 19 Official Partners to Socios.com, held Fan Token Offerings for 11 of those partners and have run more than 120+ polls and have rewarded hundreds of fans from across the globe. We’re working hard to add more football & esports partners to our roster of ‘tokenized’ platform partners, with an ambition to add 100s of teams in the coming years. We’re also in the process of onboarding other sports & entertainment verticals, such as the recently announced PFL, in order to explore how we can tokenize other sports properties.