Chiliz is the underlying blockchain infrastructure provider for the Socios.com fan engagement portal. The blockchain and the platform use $CHZ as their native currency and utility token.
Chiliz provides blockchain-based tools and infrastructure for businesses in the sports and entertainment industries to engage with their audiences better and discover new monetization opportunities from these engagements. Chiliz aims to take blockchain-based products and services to mainstream consumers.
Socios.com is a leading fan engagement platform developed on the Chiliz Network. The platform allows fans to purchase branded fan tokens issued by some of the most popular sports teams in the world, such as FC Barcelona, Paris-Saint Germain, AS Roma, UFC, and more.
CHZ is the native token of the Chiliz ecosystem and the Socios.com sports fan engagement platform and is used to pay when consumers purchase fan tokens on Socios. It is designed as an ERC-20 token on the Ethereum blockchain and a BEP-2 token on the BNB Chain.