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- 1 Chiliz Crypto is a blockchain-based platform that allows sports and entertainment entities to connect with and earn from their fans.
- 2 Chiliz Crypto was created by Alexandre Dreyfus, who has experience in online gaming, social media, and blockchain.
Sports and entertainment entities can use Chiliz crypto, a blockchain-powered platform, to connect with and earn from their fans. The platform runs on the Chiliz blockchain, which is a PoA (proof-of-authority) blockchain.
Alexandre Dreyfus, who has been in the blockchain industry since 2013 and has a history in online gaming and social media, created Chiliz in 2018 and is its CEO.
Fans can use Chiliz Crypto on the Socios(dot)com platform to purchase and trade Fan Tokens, which grants them special rewards and experiences, such as club voting rights, merchandise, and VIP experiences. Fan Tokens are available for many famous sports teams, such as Paris Saint-Germain, Juventus, and FC Barcelona, as well as for esports teams and organizations. CHZ crypto is also the currency for paying transaction fees on the Chiliz blockchain.
Price Overview of Chiliz crypto
According to CoinGecko, at the time of writing, Chiliz was worth $0.083562 with a market cap of $636,142,813 and a circulating supply of 7.7 Billion CHZ. CHZ crypto price has dropped by 0.59% in the previous 24 hours and by 1.90% in the last 7 days. The trading volume has advanced by 0.20% in the previous 24 hours to $90,186,927, displaying more market activity.
The highest price ever paid for Chiliz (CHZ) was $0.878633 on March 13, 2021 (almost 3 years ago). The current price is 90.60% lower than that. The lowest price ever paid for Chiliz (CHZ) was $0.00410887 on Sep 28, 2019 (about 4 years ago). The current price is 1,919.40% higher than that.
The fully diluted valuation (FDV) of Chiliz (CHZ) is $738,673,874. This is the theoretical maximum market cap, assuming all 8.9 Billion CHZ tokens are in circulation today. However, it may take several years for the FDV to be reached, depending on how the CHZ tokens are distributed.
Chiliz (CHZ) is performing worse than the global cryptocurrency market, which is flat at 0.00%, and worse than similar Layer 1 (L1) cryptocurrencies, which are up 1.80%, in the last 7 days. The price has declined by -2.10% in that period.
Conclusion
Chiliz Crypto is a platform that enables fan engagement and monetization for sports and entertainment entities. It was founded by Alexandre Dreyfus. Fans can use Chiliz to buy and trade Fan Tokens, which grants them special rewards and experiences. Chiliz is also the currency for paying transaction fees on the Chiliz blockchain. CHZ crypto has a low price and market cap and has declined in value in the last 7 days. Chiliz has a high fully diluted valuation, which may take several years to be reached. CHZ has been underperforming in the global cryptocurrency market and similar Layer 1 cryptocurrencies over the last 7 days.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
