Chiliz

CHZ Price

About Chiliz (CHZ)

Chiliz is the leading blockchain infrastructure provider for the global sports and entertainment industry, powering the Socios.com fan engagement platform.

• It enables sports organizations to launch official Fan Tokens, which are digital assets that provide fans with voting rights and exclusive rewards.
• The project operates its own dedicated Layer 1 blockchain, known as Chiliz Chain, designed to support high-performance SportFi applications.
• Chiliz secures its network through a diverse set of world-class validators, including major blockchain firms and elite sports teams.

What Is Chiliz

Chiliz provides the technical foundation for "SportFi," a specialized sector of decentralized finance focused on the sports industry. The primary value proposition is the creation of a direct, tokenized link between sports brands and their global fanbases. Value moves through the system as sports teams issue Fan Tokens on the Chiliz Chain, which fans then acquire to participate in club-related activities.

The CHZ token is put to work as the native fuel of this ecosystem. It is used to pay for transaction fees on the network and serves as the primary currency for acquiring Fan Tokens within the Socios.com environment. As the ecosystem grows and more teams or developers launch applications on the chain, the utility of CHZ scales to support increased network activity and governance participation.

What Makes Chiliz Unique

• Specialized Infrastructure: Unlike general-purpose blockchains, Chiliz is purpose-built to handle the unique regulatory and technical requirements of the sports and entertainment sectors.
• Elite Partner Network: The platform hosts the largest collection of official digital assets in sports, with partners including Manchester City, FC Barcelona, and the Paris Saint-Germain Fan Token.
• Institutional Governance: The network is secured by a validator set that includes financial institutions like SBI Holdings and sports organizations like Paris Saint-Germain.
• Regulatory Compliance: Chiliz maintains a focus on institutional-grade standards, with its whitepaper registered under the European Securities and Markets Authority (ESMA) framework.

What Can You Use Chiliz for?

• Network Transaction Fees: CHZ is required to pay for gas fees associated with executing smart contracts and transferring assets on the Chiliz Chain.
• Staking and Governance: Token holders can stake their CHZ to secure the network and participate in governance proposals, such as the Pepper8 proposal, which shape the future of the protocol.
• Ecosystem Utility: CHZ acts as the gateway token for the Socios.com platform, allowing users to exchange it for official Fan Tokens from their favorite teams.
• Developer Access: Developers use CHZ to deploy decentralized applications (dApps) and integrate Fan Token functionality into new SportFi products.

How Does Chiliz Work?

Chiliz Chain operates as a high-performance Layer 1 blockchain that utilizes a Proof of Stake consensus mechanism. This method relies on a set of validators who are responsible for verifying transactions and maintaining the integrity of the ledger. These validators are selected based on their reputation and technical capability, ensuring a secure environment for high-value sports assets.

Transactions on the network require the payment of gas fees, which are denominated in the native CHZ token. This mechanism prevents network spam and provides an incentive structure for validators to process data efficiently. The architecture is designed to support high throughput, making it suitable for the massive, concurrent demand often seen during global sporting events.

Team Info and Investors

Chiliz was founded by Alexandre Dreyfus and is operated by the Chiliz Group, which has a global presence with offices in several major cities. The project has attracted significant early backing and strategic partnerships from leaders in the blockchain and finance sectors, including Animoca Brands, OKX, and SBI Holdings. Governance is decentralized through the Chiliz Chain validator set, which includes a mix of technical providers and sports franchises.

Where can you buy Chiliz?

CHZ tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Chiliz is Binance, where the most active trading pair CHZ/USDT has a trading volume of $3,504,028.33 in the last 24 hours. Other popular options include OKX and DigiFinex.

What is the daily trading volume of Chiliz (CHZ)?

The trading volume of Chiliz (CHZ) is $42,473,282.50 in the last 24 hours, representing a 13.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Chiliz (CHZ)?

Chiliz (CHZ) reached an all-time high of $0.8786 and an all-time low of $0.004109. It’s now trading -97.90% below that peak and 348.90% above its lowest price.

What is the market cap of Chiliz (CHZ)?

Market capitalization of Chiliz (CHZ) is $192,626,571 and is ranked #174 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CHZ tokens (10 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Chiliz (CHZ)?

The fully diluted valuation (FDV) of Chiliz (CHZ) is $192,626,571. This is a statistical representation of the maximum market cap, assuming total number of 10 Billion ETH tokens are in circulation today.

How does the price performance of Chiliz compare against its peers?

With a price decline of -20.90% in the last 7 days, Chiliz (CHZ) is underperforming the global cryptocurrency market which is down -2.70%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -5.80%.

How to add Chiliz (CHZ) to MetaMask?

Adding Chiliz (CHZ) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import CHZ as a token. You can copy CHZ’s contract address (0x3506424f91fd33084466f402d5d97f05f8e3b4af) and import it manually, or if you've installed MetaMask's chrome extension, add CHZ to MetaMask with one click on CoinGecko.

Add CHZ to MetaMask.