CHZ Coin Price
What is Chiliz (CHZ) ?
Chiliz is the blockchain technology that powers Socios.com, a fan interaction business that allows sports organizations to give supporters privileges like voting on team jersey designs or early access to tickets. These advantages are sold on the blockchain as “fan tokens,” similar to previous smart contract NFT sales by Kings of Leon and others. Since the NFTs market growth this year, the CHZ coin price has been rising in comparison to last year.
The platform 's principal currency is CHZ-USD, which can be traded for fan tokens and other products. Last year, the business teamed up with the UFC to offer event tickets in return for Chiliz coins. A recent fan token release for the AC Milan football team produced moreover $6 million in the first 30 minutes, indicating broad consumer demand for these items.
In March 2021, the firm announced a $50 million investment in a U.S. expansion. In addition, the business stated that it expects a five-fold rise in fan tokens on Socios.com in 2021. Fan tokens produced $30 million in income for sports teams and other partners in 2020; the firm hopes to quadruple that this year.
Chiliz coin was also added to cryptocurrency exchange OKEx in March 2021. OKEx offered $150,000 in fan tokens to encourage CHZ-USD trade; the promotion will conclude on March 10, 2021.
CHZ Coin Price
Last year the CHZ coin price or Chiliz coin price was only 1/3 of its current value. Its peak point in market value was back in April 2021, with a price as high as $0.7739. To see the CHZ token price and Chiliz coin chart, visit ARKEN.
CHZ Coin address (Ethereum): 0x3506424f91fd33084466f402d5d97f05f8e3b4af
How does Chiliz work?
As we can see, Chiliz is a fan interaction with his favorite teams, which you can pay to support your preferred team and influence certain decisions, among other things, on his Socios.com website. This website has functions that provide a very good user experience, such as recognizing your PC, no matter how long you leave your account inactive, always recognising you when you return, saving all the rewards you have unlocked, and you will wonder where the startup information is stored in your PC, specifically in your browser.
Each club 's CHZ fan tokens are a limited digital asset that grants voting rights. The themes of the surveys are chosen by the clubs, but the options are limitless! You may make decisions on everything from the club 's design to who gets the “best player of the game “;award, as well as the sites of the summer friendlies. The more votes a fan casts, the better its rating within the platform, allowing them to gain more perks as a follower. Access to one-of-a-kind prizes such as exclusive merchandise, prediction games, and so on. Barcelona, Atlético de Madrid, PSG, Juventus, AS Roma, Inter Milan, AC Milan, and Galatasaray are just a few of the clubs that have already signed up for the program.
For more detail on Chiliz, read its Whitepaper.
$CHZ – The Rocket Fuel for Socios.com
The Socios.com fan interaction platform is designed from the ground up on the Chiliz blockchain technology, with $CHZ serving as the network 's unique currency. Socios.com allows fans to buy branded Fan Tokens from some of the world 's most famous sports clubs, including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, OG, CAI, and UFC. Socios.com Fan Tokens enable fans to influence their teams through popular vote and become eligible for engagement-based team incentives and recognition. All Fan Tokens are created with the Chiliz blockchain, and all on-platform voting is done with a set of smart contracts that run on the Chiliz blockchain.
How and where to Buy Chiliz Coin (CHZ)?
CHZ has been listed on a variety of crypto exchanges.Nevertheless, unlike other major cryptocurrencies, it cannot be purchased directly with fiat money. However, you may still easily acquire this currency by first purchasing Bitcoin, ETH, or USDT from any exchange and then transferring to an exchange, including Arken, to trade this coin. Thus, you can buy CHZ Coin on our platform ARKEN Finance.
Why Should You Buy Chiliz?
Future of Chiliz (CHZ) Token
There are several key partnerships/collaborations to comprehend the Chiliz team 's progress thus far.
- Chiliz is presently collaborating with football clubs such as Juventus, FC Barcelona, Atletico Madrid, AC Milan, PSG, and others.
- Chiliz has a substantial partnership with the Binance crypto market, which lists all fan tokens as well as the CHiliz token.
- Still in the planning stages, MMA fans will be able to purchase UFC tickets using Chiliz tokens, and Chiliz will also be giving out VP experiences for particular UFC events, increasing demand for CHZ tokens.
- Chiliz is rumored to be exploring similar opportunities with other sports clubs, including the NFL and NBA in the United States.
- Socios collaborated with Enjin ENJ to generate Ethereum-based collectibles for partner clubs utilizing ERC 1155 NFTs.
- Chiliz also announced a cooperation with Chainlinkfor real-time NFT minting, which would allow teams to mint NFTS in reaction to real-world sporting events as well as mint limited edition NFTs. An NFT that allows admission to a VIP box in a stadium is one example.
Chiliz Use Case
In the Chiliz ecosystem, there are four sorts of tokens. These are Fan Tokens, CHZ Tokens, Locker Tokens, and NFT Tokens. Chiliz is comprised of two major platforms, the first of which is socios.com, a team crowd management platform that allows fans to lead different choices and influence their favorite sports teams using blockchain-based fan tokens. Blockchain-based fan tokens enable the safe and trustless implementation of tokenized voting rights on the Socios platform using smart contracts. Fan tokens also function as loyalty cards, granting access to product discounts and one-of-a-kind events.
Key features of the Socios App
- Serves as a fiat onramp into cryptocurrency, allowing fans to purchase Chiliz using Visa, Mastercard, Skrill, and Rapid, in order to buy fan tokens for their favorite club.
- The Socios app has a trading feature where fans may buy and sell their fan tokens.
- The Socios App 's Voting function gives supporters who own fan tokens the ability to vote on topics like jersey designs, training ground names, and so on. Owning fan tokens entitles you to up to a 20% discount on products; earn reward tokens by participating with the APP.
The possibilities are infinite because the gamification approach may be applied to various sports, like the American NFL, Formula One, and Cricket.
The Chiliz Exchange
Fans, traders, and investors may trade the fan tokens on the Chiliz exchange against the CHZ Chiliz native token, USDT, and BTC. The Chiliz exchange is designed for fan tokens and offers the lowest prices with no fees for the CHZ token and fan tokens.
- Alexandre Dreyfus
- Jump Trading
- Kosmos Ventures
Historical Data for CHZ Coin Price
|Aug 30, 2022||$0.19918||$0.21472||$0.19731||$0.21289||$317,813,649||$1,057,764,132|
|Aug 29, 2022||$0.21293||$0.21656||$0.19548||$0.19629||$452,831,565||$1,158,440,338|
|Aug 28, 2022||$0.21934||$0.22327||$0.20453||$0.21213||$438,572,534||$1,171,796,670|
|Aug 27, 2022||$0.21800||$0.23094||$0.21415||$0.21905||$421,905,478||$1,185,999,056|
|Aug 26, 2022||$0.21441||$0.22320||$0.20849||$0.21979||$672,971,248||$1,102,261,436|
|Aug 25, 2022||$0.22949||$0.23633||$0.21233||$0.21233||$411,863,823||$1,207,612,108|
|Aug 24, 2022||$0.26343||$0.26343||$0.22677||$0.22981||$644,885,294||$1,300,028,939|