What is Chiliz (CHZ)?

Deep Dive

1. Purpose & Value Proposition

Chiliz bridges sports organizations and fans through blockchain, offering clubs a tool to monetize engagement and fans a way to influence decisions. For example, holders of Fan Tokens like Paris Saint-Germain’s $PSG vote on jersey designs or charity initiatives. This model creates a new revenue stream for teams while deepening fan loyalty.

2. Technology & Architecture

Chiliz Chain uses Proof-of-Staked Authority (PoSA), a hybrid consensus where validators stake CHZ to secure the network. Delegators (ordinary users) can stake tokens to validators, earning rewards (up to 17.42% APR) and participating indirectly in governance. The chain is EVM-compatible, allowing developers to build sports-focused dApps using familiar Ethereum tools.

3. Tokenomics & Governance

• Supply: Fixed at 10.15B CHZ, with staking rewards funded by transaction fees and controlled inflation (8.8% annually, decreasing over time).
• Utility: Used for purchasing Fan Tokens, paying gas fees, and staking. Validators control governance proposals, requiring a 2/3 majority for changes.
• Burns: EIP-1559 burns 65% of transaction fees, reducing supply over time.

Conclusion

Chiliz reimagines sports fandom by tokenizing access and influence, backed by partnerships with 70+ elite teams and regulatory strides like MiCA compliance. As blockchain adoption grows in sports, can Chiliz become the default infrastructure for fan-driven economies?