Chiliz (CHZ)

Chiliz (CHZ)

Rank #68

$0.120891

1.28%

0.000004 BTC

CHZ
USD

MARKET CAP

$725.391 M

ALL TIME HIGH

$0.89

VOLUME 24H

$183.568 M

CIRC. SUPPLY

6 B

VOL/MCAP

25.00%

TOTAL SUPPLY

8.889 B

DILUTED MCAP

1.075 B

MAX SUPPLY

8.889 B

1H USD

-0.38%

24H USD

1.28%

7D USD

24.71%

30D USD

-47.46%

60D USD

-40.17%

90D USD

-38.70%

Tag:

sportscollectibles-nftscontent-creationpaymentsView all

Chiliz Price Chart

24h Change

1.28 %

Chiliz - CHZ Profiles

Overview & History

Chiliz developed the Socios.com sports fan engagement platform which is built on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive on-platform currency.


History

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.

We do so by building scalable service layers on top of our own private, proof of authority blockchain (the Chiliz chain). All of these projects are fueled by the Chiliz token ($CHZ), a chain-agnostic digital currency which is currently available on leading crypto exchanges around the world.

What Is Chiliz (CHZ)?

Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.

For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan. Chiliz has developed partnerships with some of the biggest sporting institutions in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming organizations. By purchasing CHZ, fans get access to various fan tokens and literally have a stake in their club.

Who Are the Founders of Chiliz (CHZ)?

Chiliz was founded by Alexandre Dreyfus, its current CEO. Dreyfus has over 20 years of experience founding and growing web-based companies. For instance, he developed Webcity, an interactive travel guide, and Winamax and Chilipoker, both online poker projects, before founding Chiliz in 2017. His explicit goal with the company is to “work harder than ever on our mission to fully establish Fan Tokens as the ultimate fan engagement tool and as a powerful new revenue generator for the sports industry.” This has been highlighted in the aggressive expansion of fan tokens that have seen numerous European football powerhouses, but also smaller clubs sign on.

What Makes Chiliz (CHZ) Unique?

Every sporting organization using the Chiliz technology has a limited supply of fan tokens that are offered at an initial FTO (fan token offering). These tokens are offered on a first-come-first-serve basis, with the opening price and fully diluted market cap disclosed by Chiliz beforehand. The native CHZ token is used to purchase fan tokens and acts as the platform’s internal currency. Fans can then vote on the Socios platform with their fan tokens, a process made possible using smart contracts. Clubs determine the amount of influence fans have. Decisions can range from new jersey designs to deciding team matchups in exhibition games.

Chiliz pioneered direct participation for average sport fans in the decision-making process of clubs and organizations. The company is constantly creating new ways for fans to engage, with the establishment of the Chiliz Blockchain Campus, a privately-owned crypto incubator focused on accelerating blockchain technology adoption across Asia and Europe as an example. The company estimates to be at about 10% of its potential, despite the fact that it will likely have 80-100 teams as a part of its network by the end of 2021.

Chiliz Price Live Data

CHZ Price

$0.120891

Trading Volume

$183.57 M

All Time High

$0.89

1hour Change

-0.38%

24hours Change

1.28%

24hours Range

-1.28%

24hours Low

$0.23

24hours High

$0.24

Liquidity ±2%

$74,609.87 B

Bids -2%

$7.46 M

Asks +2%

$6.88 M

Market Cap

$725.39 M

Fully Diluted Market Cap

1.07 B

Circulating Supply

6.00 B

Total Supply

8.89 B

Max Supply

8.89 B

Chiliz Markets

See All Market
wait

Sorry, we don’t have this data yet.

But our scientists are working like crazy to get it.

People Also Watch

Medifakt
$0.028471
0.67%
chart
Firework Games
$0.062290
5.85%
chart
PayFlow
$0.009794
1.26%
chart
Falcon9
$0.000000000037
9.91%
chart
TABI
$0.005438
6.60%
chart
SmartFi
$1.19
2.10%
chart

Latest News

Be the first to know about Crypto news everyday

Get crypto analysis, news and updates right to your inbox! Sign up here so you don't miss a single newsletter.
people
iosandroid
© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands (BVI). Email us: [email protected]