Chiliz FAQ

Chiliz
Chiliz
Published in
3 min readMar 5, 2018

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What is Chiliz?

Chiliz ($CHZ) is a leading digital currency for sports tokenization, powering the world’s first scalable fan engagement & rewards app where fans can buy & trade Fan Tokens as well as vote in club-focused surveys & polls.

ChilizX is the world’s first cryptocurrency exchange for sports, allowing crypto-enthusiasts and traders to speculate and trade Fan Tokens.

What exchanges is Chiliz listed on?

You can find the full list right here.

You can also buy $CHZ on ChilizX, the world’s cryptocurrency exchange for sports that allows sports fans and crypto enthusiasts to buy and sell official digital assets from some of the most recognizable brands in the sporting world.

What is the total supply of $CHZ?

8,888,888,888 $CHZ (8.8 Billion)

What is the circulating supply of $CHZ?

You can view the circulating supply of $CHZ here.

What is the prime objective of Chiliz Chain?

Chiliz Chain aims to build a secure online community focused on sports and entertainment.

Our prime objective is to create a web3 ecosystem focused on the Sports and Entertainment industry where stakeholders are able to build web3 experiences within a secure network-effect-driven community.

With Chiliz Chain, you can access global brands and leverage a huge existing partner of sports and entertainment properties to create something special.

Why is Chiliz Chain not fully decentralised?

We’ve learned a lot over the past four years about the issues facing Sports X Blockchain adoption, it’s important that we do our best to provide a low-risk environment, enabling us to protect the rights of organisations, this means having a more centralised launch as we find our footing and slowly turn to governance.

Over time, the Chiliz Chain ecosystem will become more and more decentralised as key stakeholders are onboarded as validators to help to secure and share in the success of the network.

Do you have Official Telegram Channels?

Yes, our official Telegram channels are as follows:

English — https://t.me/chiliz_io

Japanese — https://t.me/chilizjapan

Turkish — https://t.me/ChilizTurkey

Korean — https://t.me/ChilizKR

Chinese — https://t.me/chilizchina

What is Socios.com?

Socios.com is the world’s first fan influence and rewards platform that helps sport entities achieve digital transformation through blockchain technology. Fan Tokens are specific to a team or a club, and are a finite, digital asset that provides access to an encrypted, immutable ledger of voting and membership rights ownership. The tokenized fan-voting platform uses Fan Tokens, which operate on a separate permissioned side chain. The Fan Tokens are limited in number, and are fungible, meaning their ownership can be traded, and their price is driven by the market. The venture was inspired by the fan-led management frameworks or ‘socios’ of some major football clubs. Dubbed ‘Socios 2.0’, the platform simply represents the digitisation of this model of management.

Why would football clubs, esports teams and other gaming organisations partner with Socios.com?

Socios.com is building a global community of sports fans, united by their passion for the game and their passion for their team. Using innovative technology, we’re creating a closer connection between the fans and the clubs by supercharging the way they interact with their team. Through Socios.com, supporters are able to directly influence club decisions. From choosing merchandise designs, in-game banners, naming a training ground or even choosing a goal celebration song, fans vote through Socios.com and whatever the outcome, the club will honour the decision of the fans, all while earning rewards and once-in-a-lifetime experiences.

How does a team, league, club etc join the Socios.com platform?

If you’re a team/club or league and are interested in joining Socios.com, please contact us on partnerships@socios.com

Can I work at Chiliz / Socios.com?

Are you passionate about sports or blockchain technology? Or both? If you think you’ve got what it takes to join the team, please check out our careers page here

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Chiliz
Chiliz

We are building the web3 infrastructure for sports and entertainment