Review on Chiliz by francis fernandez
CHILIZ: a chain of blocks aimed at sports fans and sponsors
CHILIZ is the exchange platform that uses Ethereum blockchain technology to create an economic ecosystem based on sports entertainment and its sponsors, using a digital asset known by the acronym CHZ to manage payment mechanisms within the network.
Token:
CHZ is an ERC-20 and BEP2 compliant token.
Fan Tokens: It is the crypto asset of the partner club with limited use and voting rights in surveys and rewards. In addition to being convertible into benefits in the club.
The digital asset of the network, CHZ is the engine that drives the platform to allow monetizing the actions of fans on the network, such as: acquiring Fan tokens of highly popular sports equipment accessories, having the right to vote in elections of their teams, and receive rewards from your teams. Fan tokens are manufactured by the CHILIZ network and even intervene in the voting system of the platform. That is to say, the CHZ allow obtaining the Fan Tokens.
CHILIZ is partnering with the sociocom platform to allow the exchange between the blockchain and the corporation of the tokens of its partners through a wallet through the use of debit or credit cards or through an exchange such as bitcoin, which was added this year.
Technology:
The CHILIZ network integrates a highly scalable service level system through authority tests; using its native token CHZ.
The tokens used by the network (CHZ and Fan Tokens) make use of blockchain technology.
Acquisition of the digital asset:
The CHZ token can be bought with fiat money on the Bitnovo platform or redeemed coupons from this platform in sports stores.
Pros
- Offers sports fans the ability to make decisions by acquiring votes in their favorite clubs and teams.
- Allows interaction between sports companies, teams and fans.
- CHZ digital currency can be purchased with credit or debit card fiat money.
Cons
- There are no disadvantages in using this platform
