$CHZ is a cryptocurrency designed to integrate blockchain technology into the world of sports and entertainment. Its native token, CHZ, powers the Socios.com platform, where fans can buy "fan tokens" for their favorite teams, participate in exclusive polls, and access unique rewards and experiences.

- Utility token: CHZ is used to acquire fan tokens on Socios.com, which grant voting rights on team decisions (such as celebration songs or uniform designs).

- Own blockchain: Operates on Chiliz Chain, a network based on Ethereum, but is also compatible with Binance Smart Chain and Tron.

- Limited supply: It has a maximum supply of 8.888 billion CHZ, with 99.9% already in circulation, making it non-inflationary.

Recent growth factors:

- In January 2024, CHZ rose by 58.3% thanks to updates on Chiliz Chain and the increase of users on Socios.com.

- In 2023, 3 million transactions were made on its blockchain, generating $437 million for the sports industry.

Sports Partnerships

Chiliz collaborates with over 100 teams and organizations, including:

- Soccer: FC Barcelona, Paris Saint-Germain, Juventus.

- NBA: Golden State Warriors.

- Formula 1: Aston Martin Cognizant.

These partnerships drive the adoption of fan tokens and strengthen the SportFi ecosystem (decentralized finance applied to sports).

Chiliz is an innovative project that combines blockchain, sports, and fan engagement. Although its price has been volatile, its solid business model and strategic partnerships position it as an interesting long-term option. However, like all cryptocurrencies, it requires research and risk tolerance.

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