Chiliz
CHZ
$0.01349684
Current Price
-1.37%
24h Change
Info
CHZ
Symbol
$142.54M
Fully Diluted Valuation
$142.54M
Market Cap
224
Market Rank
10.56B
Total Supply
$13.61M
Total Volume
$0.013669
24h High
$0.013187
24h Low
About Chiliz
Chiliz (CHZ) is a blockchain-based digital currency tailored for the sports and entertainment sectors, aiming to bridge the gap between fans and their favorite teams or events. The core mission of Chiliz is to enhance fan engagement through blockchain technology, enabling fans to have a more interactive and rewarding experience. By offering a platform where fans can purchase voting rights and influence team decisions, Chiliz addresses the problem of passive fan participation in sports. The vision is to create a decentralized ecosystem where fans have a voice, and teams can cultivate a more engaged and active community. Technologically, Chiliz operates on its proprietary blockchain, Socios.com, which leverages the Ethereum blockchain to facilitate secure transactions and interactions. This platform uses a Proof of Authority (PoA) consensus mechanism, ensuring efficient and reliable operations suitable for the high transaction volumes typical in sports events. Chiliz has established a robust ecosystem with real-world applications, such as fan tokens for major sports teams, allowing fans to participate in club decisions, earn rewards, and access exclusive promotions. Its strategic partnerships with high-profile sports entities like FC Barcelona, Juventus, and UFC highlight its growing adoption and market presence. As a result, Chiliz has positioned itself as a leader in blockchain solutions for fan engagement, continually expanding its influence in the sports and entertainment industries.
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FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
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