Chiliz is one of the largest blockchains for crowdfunding for eSports and gaming. The idea for Chiliz and the Socios.com platform was first conceived in 2016, with the products' official launch coming in 2019. The token lets fans support their favourite sports teams through blockchain-based interactions.
The platform lets fans buy tokenised voting rights for teams they support. Juventus Football Club was the first team to launch a team token on Socios.com. Since then, over a hundred different teams have joined the platform. Chiliz attracts participants from a wide variety of sports, including football, basketball and eSports teams.
Chiliz lets fans participate in managing their favourite teams. By buying fan tokens, users receive the right to vote in voting announced by teams on Socios.com. This further enhances the decentralisation features that Chiliz' blockchain offers.
The tokens started trading in 2019.
CHZUSD's average intraday volatility is 19.8%.
How to buy and sell CHZUSD CFDs
You can buy and sell CFDs for CHZUSD through a broker or a trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade if the cryptocurrency's value goes down or up.