Chilliz (CHZ) Coin, Live Price Chart in INR, Historical Data

Chilliz

Name

Chilliz

Summary

Chiliz (CHZ) is a digital currency used in various industries, including sports, e-sports, and entertainment platforms.
-It was founded by Alexandre Dreyfus
-It uses a proof-of-authority consensus mechanism

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Rating

Symbol

CHZ

Overview

Chiliz, created by the eponymous Malta-based FinTech company, is the digital money for sports and entertainment. It is the owner of Socios, a blockchain-based sports entertainment platform that allows people to engage in the governance of their favorite sports brands. Socios.com's multiple fan tokens are an illustration of this. Fan tokens provide a mechanism for sports clubs and groups to communicate with their fans while generating new revenue streams.

Historical Price Movement (in INR)

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Technology

Chiliz has its own permissioned Ethereum blockchain instance. Socios.com is built on this permissioned sidechain. Every club, league, game title, or other organization that interacts with the platform and each organization's crowd voting processes is hosted on this blockchain as a semi-autonomous entity.
Both Vote Tokens and chiliZ tokens were produced on the Ethereum blockchain — the chiliZ token on the leading Ethereum network and the Vote Tokens on the chiliZ permissioned sidechain.
Ethereum supports the Proof-of-Authority consensus technique.
Since, it’s based on ethereum, the programming language used is Solidity.