Chiliz

1. What is the Token?

• Chiliz (CHZ) is a digital currency aimed at the sports and entertainment sectors, facilitating fan engagement on the

• Socios.com

• platform.

• It is an ERC-20 token on the Ethereum blockchain and a BEP-2 version on the Binance Smart Chain.

2. Tokenomics

• At launch, 34.5% of CHZ tokens were distributed to pre-sale and token sale participants, with allocations to the Chiliz team, advisory board, marketing, and strategic acquisitions.

• CHZ functions as the primary currency within the Chiliz ecosystem for purchasing fan tokens and accessing unique rewards and experiences.

3. Market Data

As of today 21 November 2024, the price of Chiliz is ₹6.24 INR, with a 24-hour trading volume of 122783573.49 USD. The market capitalisation for Chiliz is 649078197.8USD. The circulating supply is 9121824867 Chiliz, with the total supply also being 9121824867 Chiliz.

4. Token Pros and Cons

Pros:

• Chiliz provides a unique opportunity for fans to directly engage with and influence their favourite sports teams.

• It boasts partnerships with leading sporting institutions, enhancing its credibility and reach within the sports community.

• The fixed supply of CHZ tokens could potentially enhance its scarcity value, making it an attractive asset over time.

Cons:

• CHZ's value heavily depends on the success and widespread adoption of the

• Socios.com

• platform.

• Chiliz faces stiff competition in the sports and entertainment markets, which could potentially impact the adoption and utility of the token.

5. Why Should You Invest in the Coin?

• Chiliz represents an investment opportunity for those confident in blockchain's ability to transform fan engagement in sports and entertainment, with its innovative approach to team governance and exclusive experiences potentially driving CHZ demand.

6. USP of the Coin

• Chiliz's unique proposition lies in targeting the sports and entertainment industries, offering a blockchain platform for enhanced fan engagement through the purchase of fan tokens, decision participation, and rewards.

Problem the Coin is Solving

• Chiliz solves the issue of limited fan engagement and monetisation for sports teams by providing a blockchain solution that allows fans to influence team decisions and opens up a new revenue stream through fan token sales.

Founder and Team Background

• Founded by Alexandre Dreyfus, an entrepreneur with a background in travel and entertainment, Chiliz's team comprises experts in sports, entertainment, and blockchain.

ICO Price

• The ICO price of Chiliz was $0.0215 per token during its private funding round on 8 June 2018.

Risks Associated in Investing in the Coin

• Investors face risks such as market volatility, regulatory changes, dependency on

• Socios.com's

• success, and competitive pressures in the sports and entertainment industries, alongside broader cryptocurrency market conditions.

11. Whitepaper Insights

platform. Chiliz aims to transform the relationship between sports teams and their fans by leveraging blockchain technology to create a more active and engaging fan experience.

platform. Fans can use CHZ to purchase fan tokens, which grant them voting rights in team decisions and access to exclusive rewards. The platform's goal is to bridge the gap between being an active and passive fan, allowing for a deeper connection with sports brands.

Chiliz operates on a Proof of Authority (PoA) blockchain, ensuring secure and efficient transactions. The whitepaper details the token's utility, including its use for purchasing fan tokens, participating in surveys and polls, and accessing unique experiences offered by sports teams.

The document also covers CHZ's tokenomics, including its fixed supply and distribution strategy. It emphasises the importance of creating a sustainable ecosystem where the value of CHZ and fan tokens is driven by demand from engaged fans.

The whitepaper discusses the Chiliz Blockchain Campus, a hub for blockchain entrepreneurs and industry stakeholders, highlighting the company's commitment to innovation and collaboration in the blockchain space.

Furthermore, the whitepaper addresses the regulatory framework, noting that CHZ is classified as a 'Virtual Financial Asset' under Maltese law, reflecting the company's efforts to comply with legal standards.

In summary, the Chiliz whitepaper presents a comprehensive vision for integrating blockchain technology into the sports and entertainment industries, offering fans unprecedented engagement opportunities and providing teams with new monetisation channels. The whitepaper makes a case for the potential of CHZ to revolutionise fan engagement and become a key player in the digital transformation of sports and entertainment.