Every blockchain-based network requires cryptocurrency, and Socios has the Chiliz Crypto coin, also known by its ticker hold of CHZ. CHZ aims to use both cryptocurrency and blockchain-backed fan media as instruments to allow sports and esports fans, “converting them from passive viewers into active influencers”.
What is Chiliz Crypto?
Chiliz is a platform that uses blockchain technology to provide the highest fan experience for sports and entertainment. They aim to provide fans with a new way to engage with sports teams and help sports enterprises monetise through tokens that let fans hold a stake in their group.
The Chiliz Crypto (CHZ) token is an ERC-20 utility token on the Ethereum blockchain. It serves as the digital currency for Chiliz Crypto and Socios.com. On this sports fan engagement platform, fans can buy branded non-fungible tokens to show their support for their favorite athletes, teams, and entertainers. Chiliz has several other projects, such as Fantokenstats.com, FanTokenRank.com, and Socios Journal.
Chiliz Crypto Coin (CHZ) Live Price, Market Cap, Volume, Supply.
|#||Name||Price||Changes 24h||Market CAP||Volume||Supply|
History of Chiliz (CHZ)
Alexandre Dreyfus is the creator and the present CEO of Chiliz Crypto. They established the company to encourage millions of football fans worldwide. In addition, Dreyfus has established and grown various web-based corporations during his extensive knowledge of 20 years. Before launching Chiliz in 2017, Dreyfus developed Winamax, Webcity, and Chilipoker. Webcity is an interactive travel guide, and Winamax and Chilipoker are online poker projects.
Dreyfus’s goal for the company is to make Fan tokens the greatest fan interaction instrument and as a powerful new payment authority for the sports industry. The aggressive development of Fan tokens with major European football powerhouses exemplifies this.
How Chiliz Crypto works?
Chiliz Crypto works on a side chain of the Ethereum network, and this side chain is the foundation of Socios.com. It hosts any team, company, game tag, or community that attaches to the forum. Each community’s crowd voting systems work as a semi-autonomous commodity on this blockchain.
The fan tokens for a deal at Socios.com are better than just collectables. Team-branded NFTs deliver fans with interactive adventures with teams and control over team judgments. Fans who have received tokens may represent themselves by voting in polls scheduled by teams that have become Socios members.
For example, the football club Juventus FC allowed token holders to select the celebration music that would play over loudspeakers after the team achieved a goal. Juventus celebrated goals with a tune called Chelsea Dagger for eight years. Now, the Juventus fan token holders selected ‘Song 2’ by the band Blur as a relief, so the team driving forward will play that song.
What is Chiliz (CHZ) used for?
Chiliz authorises sports fans to enjoy a one-of-a-kind experience with their favourite teams. Fans may buy branded fan tokens for their favourite teams managing the CHZ token, the platform’s aboriginal cryptocurrency.
Fans may buy and trade lover tokens and can experience, impact, and vote in club-focused surveys & polls. Chiliz Crypto likes to develop a blockchain ecosystem geared toward sports and entertainment.
Chiliz Crypto Overview
|Price Change 24h||+8.05%|
|Price Change 7d||+30.45%|
|Circulating Supply||6,000,386,953 CHZ|
Chiliz (CHZ) Price Prediction 2022-2030
Chiliz Crypto future price is challenging to predict as it relies on several factors, including the performance of the Chiliz network, global economic conditions, the stock market, and the price of other cryptocurrencies.
However, if Chiliz continues to grow as a platform at its current rate, it is possible that the price evaluation for CHZ could quickly go back to its past prime and probably even surpass it.
Chiliz (CHZ) Price Predictions 2022-2030 – Table
|CHZ Price Prediction||Minimum Price||Average Price||Maximum Price|
|2022 Price Prediction||$0.08||$0.25||$0.31|
|2023 Price Prediction||$0.32||$0.36||$0.39|
|2024 Price Prediction||$0.38||$0.45||$0.50|
|2025 Price Prediction||$0.09||$0.55||$0.60|
|2026 Price Prediction||$0.58||$0.66||$0.70|
|2027 Price Prediction||$0.68||$0.72||$0.75|
|2028 Price Prediction||$0.76||$0.80||$0.82|
|2029 Price Prediction||$0.80||$0.88||$0.93|
|2030 Price Prediction||$0.93||$0.99||$1.03|
As it can be clear from the analysis cited above, Chiliz (CHZ) projections are somewhat contradictory. There is no universal consensus about positive or negative future CHZ price movements. Indeed, the possible future growth depends on various factors: announcements, new technological solutions for the Chiliz projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, you must do your research (DYOR).
- What is the current price of CHZ tokens?
On Sep 23, 2022, the price of a CHZ token was $0.266491.
- How many CHZ tokens are left?
There are currently 8.89B XTZ tokens on the market, with 2.89B tokens available.
- Are CHZ tokens legal? Are CHZ tokens legal?
We have all witnessed the rise of cryptos and the fact that it has drawn more attention to itself and more followers in recent years. This might be because some coins had a noteworthy price increase. They even offered some crypto tokens as payment options on E-commerce platforms, and some countries provide that. However, this doesn't change how their legal status varies from one part of the world to another. Click here to check if cryptos are legally allowed in your country.
- Where can I buy CHZ?
Chiliz (CHZ) is available for trading on renowned exchanges and platforms like Upbit, Binance, Paribus, and HitBTC.
- Investment in Chiliz is profitable or loss-making?
Yes, Chiliz is a profitable investment based on our forecasting.
- Will Chiliz's price increase in future?
Yes, Chiliz price will grow according to predicted data in the future.