Cryptocurrencies » Chiliz (CHZ)
About Chiliz
Chiliz is a blockchain provider for the sports and entertainment sector. The Chiliz blockchain supports Socios.com, a fan engagement platform that allows entities like sports franchises to engage with and monetize their fanbases.
CHZ is an ERC-20 governance token compatible with the Ethereum blockchain network. The CHZ token is used as the exclusive on-platform currency of Socios.com, which is powered by the Chiliz blockchain.
After purchasing CHZ tokens, users can buy branded fan tokens from sports teams and franchises including FC Barcelona, Paris Saint-Germain, the Golden State Warriors, Galatasaray, and the UFC. Fan token holders are eligible to participate in votes and can earn various forms of team rewards and recognition.
Impact Story: Chiliz Pledges to Donate 1% of Revenue for Social Change
In 2023, Chiliz announced a partnership with Common Goal to use the power of football and blockchain technology to support positive social change. Key impact areas include racial justice, mental health, gender equity, LGBTQ+ inclusion, climate Change and disaster relief.
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