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If you are a sports fan, you may have heard of Chiliz (CHZ), an Ethereum token that connects fans to their favorite athletic teams. By utilizing cryptocurrency to mobilize fans, CHZ is revolutionizing how sports lovers interact with their favorite teams. Rubix makes it easy to purchase, exchange and sell CHZ, and securely manage their CHZ portfolios thanks to its sophisticated trading tools and technology.
Chiliz is a digital currency inspired by Socios.com, a subscription-based site that lets Spanish soccer team fans connect with their favorite teams and earn special perks (such as early tickets or special membership). It uses the Ethereum blockchain to foster an innovative new way for fans to engage with teams. Fans start by purchasing a CHZ token, which is a utility token (meaning it provides access to goods and services). Once they have bought CHZ, they will gain access to another digital asset: fan tokens.
A fan token is a finite, virtual asset that gives sports enthusiasts voting and membership rights for a specific athletic team or club. Using these tokens, owners can participate in online polls — for example, they could vote on team uniform styles or celebratory music choices. Over time, fans can earn points for voting and connect with increasingly exclusive fan bases. The more tokens someone accumulates, the more benefits they will receive.
Who created CHZ?
CHZ was created in 2012 by Alexander Dreyfus, an entrepreneur with extensive experience in the travel and entertainment industries. His goal was to combine the passion and enthusiasm of sports fans with the unique world of cryptocurrency. Other entrepreneurs were impressed by his idea, and Dreyfus later managed to raise over $66 million through a private token sale.
Although Dreyfus came up with the idea for CHZ, he relied on the help of several partners to make it work. Members of the CHZ team include Nicolas Maurer (the CEO of Vitality, an eSports team), Sam Li (a former Vice President of the NBA), and Dr. DisRepsect (a well-known video game streamer). Their combined athletic knowledge and experience helped give CHZ credibility in the crypto space.
How do I exchange and trade Chiliz?
The most common way to purchase Chiliz is through Socios.com. Once you have bought your tokens, you can start rising through the ranks by communicating with fans and participating in team decisions. However, at some point, you may start thinking about selling or trading your CHZ for another currency.
If your CHZ goes up in value, you might want to exchange it for the USD equivalent. Alternatively, you could expand your cryptocurrency portfolio by trading it for another digital asset. You can quickly and easily buy, trade and sell CHZ through Rubix.
Exchange CHZ using Rubix
Trade CHZ easily by utilizing a speedy and user-friendly exchange like Rubix. Users can buy cryptocurrencies, sell their own assets, or exchange them for another currency.
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