Chiliz is the world’s leading companies in digital currency for sports and entertainment. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands.. They give every fan the right to make their voice heard from all over the world and influence their team.
For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan.
But that’s not all, fans also get access to VIP rewards, exclusive promotions and join a community of peers.
What are Fan Tokens?
Fan tokens are digital assets which give a pass to the teams that fans love. But unlike normal memberships, Fan Tokens never expire and can be kept forever!
More precisely they allow fans to :
Own a share of influence of teams
Fan Tokens are limited in number & available on first-come-first serve.
Influence team decision
Help your team take the right decisions by voting on official polls.
Earn once-in-a-lifetime rewards
Participate, play, chat and be active on the app to win amazing prizes.
Follow teams & trade
Fan Token value can go either up or down & they are yours to trade.
How does it work?
Socios.com is the all-in-one fan influence rewards app. With the app you can play, win and trade Fan Tokens.
Chiliz has developed more than 100 partnerships with some of the biggest sporting institutions in the world
The Chiliz network
$CHZ is available on several blockchains, such as Ethereum and Binance Smart Chain. Fan tokens are minted on its Socios sidechain with a proprietary crowd control mechanism, so fans are in a protected environment and vote only in publicly audited polls. The sidechain uses a proof-of-authority consensus mechanism. Proof-of-authority is mostly used by private organizations that have closed blockchains and only users within its ecosystem participating. It is less decentralized than other consensus mechanisms but is easily scalable and highly secure, making it the ideal choice for a sidechain. The CHZ token has been audited by Certik.