What Is Chiliz (CHZ)?
Chiliz is a blockchain platform that provides services like Socios.com and _Chiliz Exchange_, enabling users to trade official fan tokens of professional sports clubs.
The native cryptocurrency of this ecosystem is the CHZ token, exclusively used for purchasing fan tokens on Socios.com and Chiliz Exchange.
Key Facts About Chiliz (CHZ)
| Metric | Details |
|----------------------|---------------------------------------|
| Currency Name | Chiliz |
| Ticker Symbol | CHZ |
| Max Supply | 8,888,888,888 CHZ |
| Consensus Algorithm | Proof of Authority (PoA) |
| All-Time High | ¥95.77 (March 2021) |
| ICO Price | ¥3.5 |
👉 Discover how CHZ fuels fan engagement
4 Key Features of Chiliz
- Fan Token Purchases – CHZ is the sole currency for buying sports team fan tokens.
- Token Hunt Rewards – Earn free CHZ and fan tokens via AR-based scavenger hunts.
- Credit Card Payments – Buy CHZ directly on Socios.com with Visa/Mastercard.
- Eco-Friendly PoA – No energy-intensive mining (unlike Bitcoin’s PoW).
Price History of Chiliz (CHZ)
📈 March 2021:
- Listed on major exchanges (HitBTC, Changelly).
- Announced U.S. expansion with a $50M investment.
- Price surged to ¥95.77 (ATH).
🏈 November 2021:
- Partnered with NFL’s New England Patriots and MLS’s Revolution.
- Price rebounded to ¥63.
📉 2022–2023:
- Market downturn dropped CHZ to ¥10–15.
Future Outlook
- More Team Partnerships – Expanding fan token offerings boosts adoption.
- U.S. Market Growth – Targeting NFL/NBA teams could drive demand.
- Rakuten Europe Collaboration – Allows fan token purchases via loyalty points.
👉 Is CHZ a good investment? Learn more
FAQ
Q: How do I buy CHZ?
A: Purchase via exchanges like Coincheck using JPY or trade for BTC/USDT.
Q: What’s the purpose of CHZ?
A: It’s the utility token for Socios.com and Chiliz Exchange.
Q: Is Chiliz eco-friendly?
A: Yes, its PoA system avoids high energy costs of mining.
Conclusion
Chiliz’s success hinges on sports team partnerships and global expansion. While currently trading at ~¥15, its potential in fan engagement platforms makes CHZ a unique crypto asset.
Note: This is not financial advice. Invest responsibly.