About Chiliz (CHZ)
Chiliz (CHZ) is a blockchain token that drives the Socios blockchain-powered fan token and community. As an ERC-20 token, CHZ operates on the Ethereum-based Chiliz blockchain and enables users to participate in the Chiliz Socios fan app and NFT marketplace. CHZ price is updated live on Binance.
Chiliz is integral to the operation of Socios, which allows fans to purchase NFTs issued by their favorite celebrities, athletes, influencers, and entertainers. CHZ is the native token of the Socios app and the only currency accepted on the platform.
The core purpose of Socios is to offer users the opportunity to interact and engage with their favorite athletes and celebrities. For instance, buying NFTs on Socios allows holders to purchase tokenized share of influence in their favorite sports teams.