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Monday, December 5, 2022

Chiliz (CHZ) coin: What is Chilis and why you should keep an eye on it

First, Chiliz (CHZ) it’s a cryptocurrency coin (ERC20 utility token) that it’s built on the Ethereum blockchain platform.
It has 5,344,064,580 tokens in circulating supply from a total of 8,888,888,888 coins, and it is a currency in the top 50 regarding the market cap.

Chiliz Platform and projects

Chilis CoinChiliz builds up the Socios.com sports supporter engagement platform that is built on the Chiliz blockchain infrastructure and uses $CHZ as its independent and exclusive currency on the platform.

They identify themselves as the world’s “leading blockchain fintech provider for sports & entertainment”, and at this point, they are right.

According to Coingeko, they have a Market Cap of $2,976,883,311 with an incredible 24 Hour Trading Volume of $1,025,543,518, from which one-third of this volume can be found on Binance.com

Ownerships of the coin give fans the possibility to participate in fan-led decisions through a mobile platform for voting, as well as serving as a ticket into a circle of fans, with the same passions and convictions. 

Football teams currently on Socios:

    • FC Barcelona
    • Juventus
    • Paris Saint-Germain
    • Atlético de Madrid
    • Galatasaray
    • AS Roma
    • Club Atlético Independiente
    • Trabzonspor

    • Apollon Limassol
    • Young Boys
    • Sint-Truidense V.V.
    • Novara
    • İstanbul Başakşehir
    • AC Milan
    • Legia Warsaw
    • Fortuna Sittard

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Where to buy Chiliz (CHZ)

The most common and easy way to buy Chiliz it’s through the Binance.com platform. It’s easy to set up a new account and you can take possession of the cryptocurrency within minutes. 

What to consider when you want to buy a new cryptocurrency coin:

  1. Always check the project behind the coin and what they realize so far. Check their website and simply google them. Read anything you can before investing.
  2. Do they have a strong community behind them? Chiliz has 215.1K Followers on Twitter and 21 000 members on the Telegram Group. Those are big numbers out there.
  3. Where are they listed? It’s easy to list your cryptocurrency coin on an exchange platform like Uniswap, but far more hard, on an exchange platform like Binance or Coinbase.

Don’t forget: If you are already interested in the cryptocurrency market, you’re one of the few, but soon, you’ll be one of the many. Take action as you still have the advantage.

*This article is not financial advice. Everyone is responsible for the investments they make, and you should never invest more than you afford to lose.

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