Chiliz (CHZ) is a digital currency for sports and entertainment platforms, primarily used on the Socios.com platform to enable fans to engage with and influence their favorite sports teams through fan tokens.

Chiliz operates as an ERC-20 token on the Ethereum blockchain, facilitating transactions within the Socios.com platform. Fans use CHZ to purchase fan tokens, which grant them voting rights and access to exclusive content and experiences.

Chiliz bridges the gap between sports teams and their global fanbases by providing a blockchain-based solution for fan engagement and monetization, allowing fans to have a direct impact on team decisions.

CHZ tokens can be traded on various centralized crypto exchanges. The most popular exchange to buy and trade Chiliz is WhiteBIT, where the most active trading pair CHZ/USDT has a trading volume of $12,133,413.58 in the last 24 hours. :contentReference[oaicite:0]{index=0}

Chiliz enables fans to participate in team-related decisions, access exclusive promotions, and earn rewards, enhancing fan engagement and creating new revenue streams for sports organizations.

CHZ tokens can be stored in any ERC-20 compatible wallet, including MetaMask, Trust Wallet, and hardware wallets like Ledger and Trezor.

As of December 4, 2024, CHZ has shown significant market activity, with a market cap of approximately $1.07 billion and a 24-hour trading volume of around $388.38 million. However, as with any investment, it's essential to conduct thorough research and consider market volatility. :contentReference[oaicite:1]{index=1}