What is CHZ, and is it a good investment?

The price of Chiliz has been steadily recovering over the past few days as demand for the coin is on the rise again. The native token CHZ is trading at $0.3120, about 26% above its lowest level this week. Through this, its total market cap has risen to more than $1.67 billion. This makes Chiliz the 87th largest cryptocurrency in the world.