Why Buy Chiliz
If you’re a crypto enthusiast who loves sports, consider buying Chiliz (CHZ), the cryptocurrency powering the Socios.com platform. This platform has gained popularity through fan tokens and cryptocurrencies that provide holders with various benefits or experiences related to the issuing sports team. Notable partners include football clubs like FC Barcelona, Juventus, Inter Milan, AC Milan, Paris Saint-Germain, and Manchester City.
The platform enables teams to create and distribute Fan Tokens through Fan Token Offerings (FTO). CHZ is the general utility token of the ecosystem, compatible with both ERC-20 and BEP-20 standards. When considering buying Chiliz, it’s essential to know that Socios users can’t directly purchase a team’s Fan Token; they must exchange them with CHZ within the app.
What is Chiliz (CHZ), and How Did It Originate?
Chiliz is a cryptocurrency dedicated to football and is closely linked with the Socios.com platform. Initially developed on Ethereum, it later migrated to its native network, Chiliz Chain 2.0, targeting football fans worldwide. The Chiliz token (CHZ) enables owners to purchase Fan Tokens and influence certain decisions about their favourite team, such as line-ups in particular matches or the colour of commemorative jerseys. Holding these tokens also ensures benefits, rewards, and a privileged position within the fan community.
The brain behind the Socios project is Alexandre Dreyfus, a French entrepreneur active in the tech sector since the early ’90s. The company behind Chiliz was founded in 2012, but the platform’s launch took place only in December 2019. Today, Socios is a company with various partners (not just in football) and offices worldwide, from Europe (Malta, Spain, Switzerland) to Asia (Korea) and the United States.
In summary, you might buy Chiliz (CHZ) because it has pioneered social tokens, introducing a new way to support your favourite team through an ecosystem that combines sports and cryptocurrencies.
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