Chiliz is a blockchain-based platform designed to revolutionize fan engagement in sports and entertainment. It serves as the exclusive currency for Socios.com, a platform that allows fans to actively participate in decision-making processes for their favorite sports teams, tournaments, and leagues. Launched in 2018 by Alexandre Dreyfus, the founder of Webcity and co-founder of Winamax, France’s largest online poker site, Chiliz raised $65 million through a private placement to kickstart its operations.
Chiliz’s mission is to redefine fan engagement through the concept of “radical fan engagement”, giving sports and e-sports enthusiasts a platform to influence team management and strategies. Using Socios.com, fans can purchase Fan Tokens with Chiliz ($CHZ), allowing them to vote on various decisions, from team jerseys to lineup choices, thereby co-managing teams. This model enables a new era of interaction where fans become more than spectators—they become active participants in their team’s success.
Teams and leagues across sports and e-sports can apply this blockchain-driven engagement model to involve their fanbase in decision-making. In return, fans gain decision-making power while teams, leagues, and tournaments benefit from a more engaged and economically invested fan base. This is a major shift from traditional sports models, where fan input is limited to passive support.
In 2023, Chiliz launched Chiliz Labs, a $50 million incubator and accelerator program supported by Jump Crypto. The initiative aims to foster innovative blockchain projects that further integrate Web3 technology into the sports industry. By nurturing early-stage ventures, Chiliz Labs seeks to drive the adoption of blockchain across the sports and entertainment landscape, providing long-term value to fans and sports brands alike.
Chiliz’s ultimate goal is to create a blockchain ecosystem dedicated to sports and entertainment, allowing fans to play an active role in shaping the sports they love, while sports brands can leverage this unique fan interaction model for sustainable growth.
Above are only for introduction, not intended as investment advice.
Explore the tokenomics of Chiliz (CHZ) and review the project details below.
What is the allocation for Chiliz (CHZ)?
The initial distribution of Chiliz (CHZ) tokens is as follows:
- 15% is allocated to Strategic Acquisitions
- 5% is allocated to Team
- 7% is allocated to Seed investors
- 3% is allocated to Advisory board
- 15% is allocated to Marketing
- 20% is allocated to Userbase reserve
- 34.5% is allocated to Token sale
What is the supply schedule for Chiliz (CHZ)?
The total supply of CHZ is 8,888,888,888, and it was minted and distributed to early contributors when it was launched in October 2018. Apart from what is available through exchanges, it was not publicly sold. Currently, the circulating token amount is 7,478,079,839. For real-time updates, please refer to https://www.chiliz.com/
Chiliz is a blockchain-based platform designed to revolutionize fan engagement in sports and entertainment. It serves as the exclusive currency for Socios.com, a platform that allows fans to actively participate in decision-making processes for their favorite sports teams, tournaments, and leagues. Launched in 2018 by Alexandre Dreyfus, the founder of Webcity and co-founder of Winamax, France’s largest online poker site, Chiliz raised $65 million through a private placement to kickstart its operations.
Chiliz’s mission is to redefine fan engagement through the concept of “radical fan engagement”, giving sports and e-sports enthusiasts a platform to influence team management and strategies. Using Socios.com, fans can purchase Fan Tokens with Chiliz ($CHZ), allowing them to vote on various decisions, from team jerseys to lineup choices, thereby co-managing teams. This model enables a new era of interaction where fans become more than spectators—they become active participants in their team’s success.
Teams and leagues across sports and e-sports can apply this blockchain-driven engagement model to involve their fanbase in decision-making. In return, fans gain decision-making power while teams, leagues, and tournaments benefit from a more engaged and economically invested fan base. This is a major shift from traditional sports models, where fan input is limited to passive support.
In 2023, Chiliz launched Chiliz Labs, a $50 million incubator and accelerator program supported by Jump Crypto. The initiative aims to foster innovative blockchain projects that further integrate Web3 technology into the sports industry. By nurturing early-stage ventures, Chiliz Labs seeks to drive the adoption of blockchain across the sports and entertainment landscape, providing long-term value to fans and sports brands alike.
Chiliz’s ultimate goal is to create a blockchain ecosystem dedicated to sports and entertainment, allowing fans to play an active role in shaping the sports they love, while sports brands can leverage this unique fan interaction model for sustainable growth.
Above are only for introduction, not intended as investment advice.