One thing to note is that, as chiliz is based on Ethereum and the Binance Smart Chain, it is a token rather than a coin. You may see references to such things as a chiliz coin price prediction, or to chiliz coin news, but these are wrong. This may, however, change if and when the Chiliz blockchain is launched. Where to buy chiliz crypto In other words, it is a fan engagement platform that allows you to influence certain decisions made by your favourite team. According to their official Medium channel, the CHZ token is a digital currency for sports tokenisation, powering ‘the world’s first scalable fan engagement & rewards app where fans can buy and trade branded Fan Tokens as well as vote in club-focused surveys and polls’.
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“It’s important to note that fan tokens are not a cryptocurrency,” said Socios. “They have been classified as ‘utility tokens’, because they exclusively convey an entitlement to access a digital usage or service.” CHZ Breakdown Learn more about Chiliz ($CHZ) and check the most current cryptocurrency prices on Firstrade.
Chiliz has a purpose and good fundamentals. This token historically has had a high market cap, and is the leader of its niche. The Chiliz and Socios platforms make buying crypto fan tokens and interacting with your favorite teams an extremely streamlined and revolutionized experience, being a breath of fresh air in the previously stagnated industry of Sports and various Entertainment. However, don’t neglect to DYOR and make sure it fits your portfolio before buying Chiliz. Buy Chiliz With Credit Card or Wire Transfer It aims to elevate the everyday experiences of the fans through entertainment, non-traditional payment methods for conventional products, and so on. Chiliz provides blockchain-based tools to assist sports and entertainment entities in engaging and monetising their audiences.
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