What is CHZ Coin? What Does Chiliz Mean?

Chiliz (CHZ) is an ERC-20 "token" on the Ethereum (ETH) blockchain. Chiliz is the digital currency of Socios.com, the world's first blockchain-based fan "token" that keeps fans engaged with their teams and is used on many platforms in the world of sports and e-sports.

What is the cryptocurrency Chiliz (CHZ)? - First of all, Fan "tokens" or fan "tokens" are "tokens" issued to increase the interaction between fans and their favorite sports clubs or teams, to allow fans to have a say in certain events and to offer them various advantages.

Which Sports Clubs does CHZ have Agreements with?

FC Barcelona, Manchester City, Paris Saint-Germain, Galatasaray, Atletico De Madrid, Juventus, AC Milan, AS Roma, Trabzonspor, Sint-Truidense, Göztepe, Novara Calcio, Apollon Limassol, BSC Young Boys, C.A. Independiente, Istanbul Başakşehir.

What is CHZ Coin?

CHZ Token; In general, it tries to ensure that fans interested in any sport interact with their favorite team. Fans can buy or trade their favorite team's "tokens". In addition, fans can have the right to participate and vote in their favorite team's polls. Founded in 2018 in Malta, the company wants to bridge the gap between active and passive fans. In addition, it brings millions of sports fans together in a common denominator thanks to "tokens". CHZ Token ranks 51st in market capitalization among nearly 5000 cryptocurrencies as of 17.06.2021. Chiliz trades at a market capitalization of $1.92 billion. The total supply of CHZ Token is 8,888,888,888,888. So there are close to 9 billion CHZ Tokens in total.

How to Buy CHZ Coin?

You can buy CHZ Token from its own exchange or from cryptocurrency exchanges such as FTX, OKex, Huobi, Binance, Kucoin, Bitpanda, Bitfinex, Gate.io, Narkasa and Paribu and record transactions.

Which Algorithm Does CHZ Coin Use?

There are 3 popular algorithms used in the cryptocurrency market; Proof of Work (PoW), Proof of Stake (PoS) and the recently popular Proof of Authority (PoA).

CHZ Coin Future

CHZ Coin is a digital currency produced with blockchain technology. However, unlike many cryptocurrencies, Chiliz CHZ Coin uses Ethereum as its infrastructure, not Bitcoin. Chiliz, which adds new sports clubs to its ecosystem every day, wants to make a name for itself with more collaborations in the near future. In addition, Chiliz, which has gained popularity with its Fan "tokens", recently agreed with Manchester City. CHZ Coin surpassed 6 liras in a short time after it started to be listed on exchanges. This price was valid for each unit and was at a very good level. However, the sudden declines that occurred in the later process caused this cryptocurrency to fall sharply. Although these declines in the CHZ Coin market were very sharp, it is stated that the value of this cryptocurrency is still very high considering its volume. The investment information, comments and recommendations in this article are not investment advice. Investment advisory services are provided individually, taking into account the risk and return preferences of individuals. The content contained herein is in no way directive and the recommendations are general in nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!