CHZ

ChilizCHZ

Rank #64
Token
On 331,959 watchlists

Chiliz Price (CHZ)

$0.2664
1.42%

0.000006271 BTC1.52%

0.00009159 ETH2.72%

Low:$0.259
High:$0.2766
24h
CHZ  Chiliz CHZ
Price:
$0.2664
 1.42%
Market Cap
$1,574,732,912
1.42%
Fully Diluted Market Cap
$2,368,032,719
1.42%
Volume
24h
$209,326,953
23.40%
Volume / Market Cap
0.1329
Circulating Supply
5.91B CHZ
66%
Max Supply
8,888,888,888
Total Supply
8,888,888,888
Sponsored

Chiliz to USD Chart

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CHZ Price Live Data

The live Chiliz price today is $0.266404 USD with a 24-hour trading volume of $209,326,953 USD. We update our CHZ to USD price in real-time. Chiliz is up 1.42% in the last 24 hours. The current CoinMarketCap ranking is #64, with a live market cap of $1,574,732,912 USD. It has a circulating supply of 5,911,077,904 CHZ coins and a max. supply of 8,888,888,888 CHZ coins.

If you would like to know where to buy Chiliz, the top exchanges for trading in Chiliz are currently Binance, Huobi Global, Mandala Exchange, OKEx, and FTX. You can find others listed on our crypto exchanges page.

What Is Chiliz (CHZ)?

Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.

For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan. Chiliz has developed partnerships with some of the biggest sporting institutions in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming organizations. By purchasing CHZ, fans get access to various fan tokens and literally have a stake in their club.

Who Are the Founders of Chiliz (CHZ)?

Chiliz was founded by Alexandre Dreyfus, its current CEO. Dreyfus has over 20 years of experience founding and growing web-based companies. For instance, he developed Webcity, an interactive travel guide, and Winamax and Chilipoker, both online poker projects, before founding Chiliz in 2017. His explicit goal with the company is to “work harder than ever on our mission to fully establish Fan Tokens as the ultimate fan engagement tool and as a powerful new revenue generator for the sports industry.” This has been highlighted in the aggressive expansion of fan tokens that have seen numerous European football powerhouses, but also smaller clubs sign on.

What Makes Chiliz (CHZ) Unique?

Every sporting organization using the Chiliz technology has a limited supply of fan tokens that are offered at an initial FTO (fan token offering). These tokens are offered on a first-come-first-serve basis, with the opening price and fully diluted market cap disclosed by Chiliz beforehand. The native CHZ token is used to purchase fan tokens and acts as the platform’s internal currency. Fans can then vote on the Socios platform with their fan tokens, a process made possible using smart contracts. Clubs determine the amount of influence fans have. Decisions can range from new jersey designs to deciding team matchups in exhibition games.

Chiliz pioneered direct participation for average sport fans in the decision-making process of clubs and organizations. The company is constantly creating new ways for fans to engage, with the establishment of the Chiliz Blockchain Campus, a privately-owned crypto incubator focused on accelerating blockchain technology adoption across Asia and Europe as an example. The company estimates to be at about 10% of its potential, despite the fact that it will likely have 80-100 teams as a part of its network by the end of 2021.

Check out Paris Saint-German Fan Token (PSG).

Check out Manchester City Fan Token (CITY)

Learn more about sports NFT platforms in our Ultimate Guide for Top NFT Sports Platforms.

What are fan tokens? Learn more with CMC Alexandria.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many Chiliz (CHZ) Coins Are There in Circulation?

The total supply of CHZ is 8.8 billion, minted at its launch in October 2018 and distributed to early contributors with no public sales beyond what was made available through exchanges. The token distribution is as follows:

15 % – Strategic Acquisitions

5% – Team

7% – Seed investors

3% – Advisory board

15% – Marketing

20% – Userbase reserve

34.5% – Token sale

Initially, CHZ launched as ERC-20 token, but it was later also designed to be BEP-2 compatible, owning Binance Launchpool’s role in releasing fan tokens as part of a strategic partnership. CHZ is also available as TRC-20 token on the Tron blockchain.

How Is the Chiliz Network Secured?

CHZ is available on several blockchains, such as Ethereum, Binance Smart Chain and Tron. Fan tokens are minted on its Socios sidechain with a proprietary crowd control mechanism, so fans are in a protected environment and vote only in publicly audited polls. The sidechain uses a proof-of-authority consensus mechanism. Proof-of-authority is mostly used by private organizations that have closed blockchains and only users within its ecosystem participating. It is less decentralized than other consensus mechanisms but is easily scalable and highly secure, making it the ideal choice for a sidechain. The CHZ token has been audited by Certik.

When Will Chiliz Trading Begin?

Chiliz launched in October 2018 on the Ethereum mainnet.

Where Can You Buy Chiliz (CHZ)?

CHZ is available on Binance, Huobi, Coinbase, FTX and many other exchanges.

Cryptocurrency newbie? You can read more about how to enter the market and how to buy CITY or any other token in the CoinMarketCap education portal — Alexandria.

CHZ to USD Converter

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CHZ

Chiliz

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USD

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CHZ Price Statistics

Chiliz Price Today
Chiliz Price$0.2664
Price Change24h$0.003718
1.42%
24h Low / 24h High
$0.259 /
$0.2766
Trading Volume24h$209,326,953.10
23.40%
Volume / Market Cap0.1329
Market Dominance0.08%
Market Rank#64
Chiliz Market Cap
Market Cap$1,574,732,911.64
1.42%
Fully Diluted Market Cap$2,368,032,718.62
1.42%
Chiliz Price Yesterday
Yesterday's Low / High
$0.2551 /
$0.2978
Yesterday's Open / Close
$0.2958 /
$0.2719
Yesterday's Change

8.06%

Yesterday's Volume$223,703,557.55
Chiliz Price History
7d Low / 7d High
$0.2428 /
$0.3289
30d Low / 30d High
$0.2428 /
$0.4495
90d Low / 90d High
$0.1992 /
$0.4495
52 Week Low / 52 Week High
$0.008867 /
$0.8915
All Time High
Mar 13, 2021 (6 months ago)
$0.8915
70.12%
All Time Low
Sep 27, 2019 (2 years ago)
$0.004001
6558.83%
Chiliz ROI

1139.09%

Chiliz Supply
Circulating Supply5,911,077,904 CHZ
Total Supply8,888,888,888 CHZ
Max Supply8,888,888,888 CHZ