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BTCC / Hashtag / chiliz is a blockchain built for
#pump token price analysis #bitcoin #buildon coin
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CHZ -3.03% 0.04044

What is the first application built on top of the chiliz blockchain?

The first application built on top of the Chiliz blockchain is Socios. Socios is the main consumer front end of the Chiliz blockchain at the moment and the same team behind Chiliz is behind Socios. Socios is a sports entertainment platform that allows fans of certain professional sports clubs to purchase "fan tokens" of those clubs.

What is the chiliz $CHZ platform?

Chiliz developed the Socios.com sports fan engagement platform which is built on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive on-platform currency. What is Chiliz?

What are chiliz fan tokens?

The important aspect of the Socios platform and all of the fan tokens built on the Chiliz chain is the need for CHZ tokens for the transactions. For fans to buy tokens of their favorite teams, they have to have the CHZ tokens as the in-app currency.

Is chiliz a creator Economy Token?

Two of those wallet addresses are Binance addresses and the largest holder is a multisig wallet that is under the control of Chiliz. This is a fairly large centralization of control compared to other creator economy tokens like Basic Attention Token (BAT-USD) for example. But the centralization of the Chiliz chain has been somewhat by design.

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