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What is Chiliz (CHZ)?

Discover the key facts about Chiliz (CHZ).

What is Chiliz (CHZ)?

Chiliz is a blockchain network that lets sports and entertainment enthusiasts buy fan tokens. The Chiliz fan engagement platform uses the CHZ token as its exclusive currency. 

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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.

How CHZ Works

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. 

CHZ can be purchased from numerous leading cryptocurrency exchanges.

Donate CHZ to Support a Charitable Organization 

Did you know that donating cryptocurrency is a highly tax-efficient form of giving that also supports mainstream crypto adoption? Even donating a small portion of your crypto can make a major difference in helping a cause that you’re passionate about. 

We’re on a mission to make crypto one of the greatest forces for good. That’s why The Giving Block can process charitable donations in hundreds of cryptocurrencies.

Now that you know more about Chiliz and CHZ, learn how you can donate CHZ to thousands of nonprofit organizations via The Giving Block’s crypto donation platform. 

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