Introduction to CHZ and Chiliz Platform
CHZ is the native cryptocurrency of the Chiliz platform, an innovative blockchain-based project designed to revolutionize fan engagement in sports and esports. Operating as an ERC-20 token on the Ethereum network, CHZ serves as the exclusive currency for Socios.com—the world's first digital fan interaction platform.
Core Features:
- Total Supply: 8.888 billion CHZ (notable for its culturally significant number)
- Primary Use Case: Powers fan voting rights and participation in team/event management
- Platform Specialty: Bridges the gap between fans and sports/esports organizations through blockchain technology
Project Background and Development
Founding Vision
Chiliz emerged in 2019 with a mission to democratize fan influence in sports organizations through:
- Tokenized Voting Rights: Enables fans to participate in team decisions
- Digital Collectibles: Creates verifiable ownership of fan experiences
- Enhanced Engagement: Facilitates direct interaction between fans and organizations
Leadership Team
The project boasts an international team with diverse expertise:
- Alexandre Dreyfus (CEO): Digital space entrepreneur with 22+ years experience
- Thibaut Pelletier (CTO): Gaming and digital media specialist with 13 years development experience
- Multinational Team: Technical experts from various global locations
Market Performance Analysis
Price History
- All-Time High: ¥0.16 (~$0.022)
- All-Time Low: ¥0.026 (~$0.0036)
- Current Price: ¥0.048 (~$0.0066)
Distribution Metrics
- Holder Addresses: <7,000
- Concentration: Top 10 addresses hold 88% of supply
- Exchange Availability: Listed on Binance and other major exchanges
Project Evaluation
Strengths
- First-Mover Advantage: Pioneering fan engagement platform in sports/esports
- Strategic Partnerships: Collaborations with major sports organizations
- Growing Ecosystem: Expanding use cases through Socios.com platform
Weaknesses
- Token Concentration: Highly centralized distribution
- Market Volatility: Significant price fluctuations since launch
- Adoption Challenges: Requires mainstream sports industry acceptance
Future Outlook
Development Roadmap
- Enhanced platform features for fan interaction
- Expansion to new sports leagues and esports organizations
- Integration with additional blockchain functionalities
Investment Considerations
- Current price position compared to historical performance
- Long-term platform adoption potential
- Evolving token utility within the Chiliz ecosystem
Frequently Asked Questions
What makes CHZ different from other fan tokens?
CHZ serves as the base currency for all transactions on Socios.com, while individual teams issue their own fan tokens. This two-tier system creates a comprehensive fan engagement economy.
How does CHZ gain value?
👉 Discover how CHZ's value accrual mechanism works through platform usage, token burns, and exclusive fan experiences.
Is CHZ a good long-term investment?
While showing innovative potential, investors should consider both the project's first-mover advantage and the challenges of token concentration.
Can CHZ be staked?
Yes, Chiliz offers staking opportunities through Socios.com, allowing fans to earn rewards while participating in platform governance.
What sports organizations partner with Chiliz?
Major football clubs like FC Barcelona, Paris Saint-Germain, and Juventus have launched fan tokens on the platform.
How does Socios.com enhance fan engagement?
👉 Learn about revolutionary fan interaction features including voting rights, exclusive content access, and verifiable digital collectibles.