TOP COINS TO BUY 2023 | Chiliz CHZ – The Market Leader Of Tommorow | CHZ Price Prediction

TOP COINS TO BUY 2023 | Chiliz CHZ – The Market Leader Of Tommorow | CHZ Price Prediction

00:00 Introduction
01:40 Chiliz price
02:08 What is Chiliz?
05:52 Who Are the Founders of Chiliz?
06:37 Chiliz Price Prediction
07:12 My thoughts

Today we added increased our position in Chiliz (CHZ) @ 0.13.
Trading at 84.30% below its all time high. Which could generate 537.26% return on investment if it hits its previous ATH

But tell me what did you do?

Nonfungible tokens (NFTs) and decentralized finance (DeFi) two of the most popular topics of the past year 2022

One of the projects that applied these concepts in the framework of engaging sports fans is Chiliz. The project is designed to allow fans to purchase branded Fan Tokens that let them influence their teams through the popular vote.

What is Chiliz?

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.

The Chiliz token is an ERC-20 token built on the Ethereum blockchain, whilst Fan Tokens are minted on Chiliz Chain, an EVM-compatible blockchain. CHILIZ are currently in the process of transitioning towards a new and upgraded version of Chiliz Chain (Chiliz Chain 2.0)

The new Chiliz Chain utilises a Proof-of-Staked-Authority (PoSA) consensus which offers optimal scalability, a governance structure, staking, speed, expanding the utilities of CHZ as well as Fan Tokens, also providing more Web3 opportunities for the whole sports & entertainment industry.

Still, in its testnet phase, the chain will go through a total of six stages until it reaches the mainnet launch.

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