Chiliz Coin, abbreviated as CHZ, is a cryptocurrency used on various platforms in the world of sports and entertainment. Chiliz Coin is a service token and can be defined as the official cryptocurrency of the Socios.com platform.
What is CHZ Coin?
The Chiliz token is known as an Ethereum-based ERC-20 token. The Socios and Chiliz team have signed partnerships with many leading sports clubs from around the world, enabling fans to have a say in their teams’ decisions through the use of Chiliz Coin. Although Chiliz Coin became known in our country through its partnership with Galatasaray, it is also known to have signed much larger partnerships with clubs like Juventus or Barcelona.
Established in Malta in 2012, the future of CHZ Coin looks quite bright when considering these partnerships. Investors can choose elements such as their team’s goal anthems and jersey colors based on the amount of CHZ Coin they hold. Additionally, it is known that CHZ Coin investors have the privilege of participating in special events with their teams.
Currently, teams such as Barcelona, Atletico Madrid, Paris Saint Germain, Juventus, AS Roma, and Galatasaray are among the clubs that have agreements with Chiliz. It is known that Chiliz has a total supply of 8,888,888,888. Of this, 34% was released to the market through token and pre-sales. The remaining 20% is kept as a reserve for the user base, with 15% for strategic purchases, 15% for marketing operations, 7.5% for core investors, 5% for the team, and 3% for the advisory board.
Although Chiliz Coin is available on Binance, it is known that the cryptocurrencies of the teams that have signed partnerships with the project are listed on the Socios exchange. The primary goal of the Chiliz team is to bring the cryptocurrencies of hundreds of teams together on a single platform.
The Future of Chiliz Coin
There are numerous opinions about CHZ Coin. Although Chiliz made its voice heard with its partnership with Galatasaray, the previous agreement with Juventus drew global attention to the project. Considering that everything in the world of cryptocurrency depends on marketing and application areas, CHZ could continue to gain value in the coming years.
It may be difficult to predict CHZ coin prices, but it is thought that like every crypto project with an application area, it could climb to the upper ranks. Comments on Chiliz Coin could also include ventures in the e-sports arena, which could further increase its value. If the CHZ team also signs important partnerships in the e-sports area, they will have adapted to the era.
Opinions on CHZ Coin
Before evaluating CHZ coin opinions, it is necessary to focus on the answer to the question “What is Chiliz?”. Chiliz has signed various partnerships with the world’s biggest sports clubs, something no other cryptocurrency project has done before. This created a stable investor base, which the altcoin market greatly needs, and also ensured that the project’s name was heard by everyone.
The fact that the CHZ/USD trading pair has been stable at almost the same price point for the last three months can also be explained by a loyal investor base. The stable and consistent Chiliz Coin chart also indicates that a solid base of retail investors has been reached.
How to Buy Chiliz Coin?
Chiliz Coin can be purchased from Binance, one of the largest cryptocurrency exchanges by total market value and trading volume. You can also buy it from the exchange Chiliz.net, where Chiliz sells its own fan tokens.
