What is Chiliz?
Chiliz was established in Malta in 2018. Chiliz’s premise is to empower teams to monetize a global fan base. As a result, fans can engage with their favourite sports teams in new ways.
The Chiliz team has secured $66 million through private placement and is backed by some of the world’s largest blockchain companies. These include Binance, OK Blockchain Capital and FBG Capital.
It is now a multinational company that is leading a generational shift in the sports industry via Fan Tokens, as well as the Socios.com fan engagement and rewards app. 8.8 billion $CHZ or Chiliz – the company’s eponymous digital currency – was generated in 2018.
Since its inception, the company has partnered up with the world’s leading sports team. It also has offices in Spain, Malta, France, Turkey, Brazil and South Korea, and an international team that includes some of crypto’s brightest minds.
Chiliz’s CEO – Alexandre Dreyfus – is also the CEO of Socios.com. He is an entrepreneur with years of experience in the sports and gaming industries. He is also the founder of Webcity, Chiligaming and Winamax. Dreyfus is supported by his team, which includes Chief Operating Officer Emma Diskin (ex-Betsson Group and Camelot UK Lotteries) and Chief Strategy Officer Max Rabinovitch (ex-ComboApp Inc and Intersog).
$CHZ: The token of Socios.com
Chiliz ($CHZ) powers Socios.com. Socios.com is essentially a consumer-facing, blockchain platform for fan engagement and fan monetization of sports teams. The platform includes top teams, such as FC Barcelona, Manchester City, Paris Saint-Germain, Juventus, AC Milan, AS Roma and Atletico Madrid. Furthermore, in 2021, more than 120 teams joined Socios.com – including 25 NBA teams.
Socios.com and Chiliz have an ecosystem worth $3 billion, with $1 billion traded on major exchanges a day. The Fan Token market cap is $350 million and $50 million traded every day. In 2021, Socios.com paid out $260M to the sports industry.
The price of Chiliz coins skyrocketed throughout 2021. Its popularity increased exponentially and it hit an all-time high of $0.8915 on March 13, 2021.
In general, the teams prices will follow the predicted trend in Chiliz, although may vary considerably from team to team.
A fan-centric platform
The Chiliz token is unique in that it enriches fan interaction. This feature allows teams and leagues to monetize fan demand and interact with fans via a blockchain-based solution.
Traditionally, regular fans had little or no say when it came to the team’s organization. Fans were passive consumers, and their relationship with their favourite teams was largely transactional.
Chiliz harnesses fans’ enthusiasm and enables fans to participate in the running of their favourite team. By investing in their favourite team using a CHZ token, fans earn voting rights. Through Fan Tokens, fans can direct top-level management decisions, as well as own small pieces of the teams they love.
Is it worth investing in Chiliz?
According to Wallet Investor, the forecast for 2022 is $0.443. In five years, the coin should be worth $1.485. DigitalCoinPrice also supports a positive $CHZ price prediction. According to this site, the token will be worth about $0.30 by March 2023, reaching an average of $0.80 in 2029. Gov.capital also predicts that the coin could reach $5.328 in March 2028. However, other analysts are not so positive.
Digital Coin Price also sees a positive swing for the Chiliz token. They see the coin rising to $.22 in 2022, then going to $.44 by 2025 and continuing to increase to $.93 by 2030.
As always, the market is highly volatile and crashes do happen. Therefore, we always recommend that you do your own research before investing in any cryptocurrency.
List of Chiliz Fan Tokens from this site:
|Paris Saint-Germain Fan Token|
|Davis Cup Fan Token|
|Manchester City Fan Token|
|AS Roma Fan Token|
|AC Milan Fan Token|
|Arsenal Fan Token|
|Atletico De Madrid Fan Token|
|Sint-Truidense Voetbalvereniging Fan Token|
|Inter Milan Fan Token|
|Juventus Fan Token|
|Levante U.D. Fan Token|
|Millonarios FC Fan Token|
|Galatasaray Fan Token|
|Trabzonspor Fan Token|
|UFC Fan Token|
|Universidad de Chile Fan Token|
|Aston Martin Cognizant Fan Token|
|Alanyaspor Fan Token|
|Portugal National Team Fan Token|
|Legia Warsaw Fan Token|
|Göztepe S.K. Fan Token|
|Leeds United Fan Token|
|OG Fan Token|
|İstanbul Başakşehir Fan Token|
|Samsunspor Fan Token|
|Aston Villa Fan Token|
|Flamengo Fan Token|
|Novara Calcio Fan Token|
|Young Boys Fan Token|
|Roush Fenway Racing Fan Token|
|Clube Atlético Mineiro Fan Token|
|Team Vitality Fan Token|
|Fortuna Sittard Fan Token|
|Club Atletico Independiente|
|S.C. Corinthians Fan Token|
|Alliance Fan Token|
|Team Heretics Fan Token|
|Dinamo Zagreb Fan Token|
|Alfa Romeo Racing ORLEN Fan Token|
|Everton Fan Token|
|Sao Paulo FC Fan Token|
|Professional Fighters League Fan Token|
|Argentine Football Association Fan Token|
|Natus Vincere Fan Token|
|Valencia CF Fan Token|