Chiliz will undergo a hard fork on May 21

Chiliz must undergo the Dragon8 hard fork, scheduled for May 21. With the Dragon8 hard fork on Chiliz Chain, The Sports Blockchain, Tokenomics 2.0 will be launched and compatibility with other major Ethereum updates.

Refer to CHZ official tweet

Chiliz (CHZ) is a digital currency for sports and entertainment platforms. It was developed by the Socios platform, which aims to provide blockchain-based solutions for the sports industry. Chiliz allows fans to purchase branded fan tokens, giving them the opportunity to participate in fan decision making through a mobile voting platform. By owning Fan Tokens, fans have the ability to make decisions at specific clubs and receive rewards. For example, fans can vote on club-specific decisions such as shirt designs, matchday events and new contracts. The CHZ token is used as the native digital currency on the Socios.com platform.

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