Chiliz (CHZ) is a currency option for blockchain-backed products & services geared towards mainstream consumers. They want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more. Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences.
CHZ is the proprietary ERC-20 standard token for Socios.com. The Socios.com fan engagement platform is built from the ground up on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive on-platform currency. Socios.com allows fans to purchase branded Fan Tokens from some of the biggest and most renowned sports teams in the world including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, OG, CAI & UFC. Fan Tokens bought on Socios.com allow users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition.