Denominations | |
---|---|
Code | $CHZ |
Development | |
Original author(s) | Alexandre Dreyfus |
White paper |
www |
Development status | Active |
Developer(s) | Mediarex |
Ledger | |
Ledger start | October 1, 2018 |
Block explorer |
explorer |
Website | |
Website |
www |
Chiliz is a blockchain platform developed by Maltese-based sports company Mediarex. [1] The Chiliz blockchain powers the Socios.com platform, which offers fan tokens to sports fans, enabling them to participate in polls hosted by the clubs, or receive rewards and promotions. [2] The native token Chiliz is used to buy the fan tokens. [3] Alexandre Dreyfus is the CEO of Chiliz [4] and Beatrice Collet is the managing director. [5]
Chiliz was launched in 2018 by Maltese-based sports company Mediarex led by CEO Alexandre Dreyfus. [3] Members of the firm's advisory panel include Dr. Christian Mueller, InFront Sports’ vice president, strategy and business development, and Sam Li, Sina Sports’ head of strategic partnerships; with Perform Group's chief strategy officer of Perform Group, John Gleasure, also a shareholder of Mediarex. Other members of the advisory board are Fnatic's CEO Wouter Sleijffers and Team Vitality's CEO Nicolas Maurer. [6]
In June 2018, Chiliz raised $65 million in a round led by Binance with other reputed names in the industry like OK Blockchain Capital, FBG Capital, Ceyuan Ventures, and Bancor also investing. [6] In March 2021, the company announced it will invest $50 million in an expansion to the United States. [7]
Fan tokens are digital coins created on the Chiliz blockchain that sports organisations provide to their fans through the app Socios.com. [8] They allow fans to vote on a variety of minor decisions, such as new facilities, kit designs, shirt numbers of new signings, celebration songs, and more. [9] Fan Tokens were first introduced in 2019, with football clubs Juventus and Paris Saint-Germain being the first clubs to launch their official tokens. [10] Sports clubs including Barcelona, Atletico Madrid, Manchester City, Inter, Arsenal, AS Roma, Galatasaray, Flamengo, Corinthians and 60 other teams have launched Fan Tokens through Socios.com. [11]
Research into the dynamics of fan tokens on the Chiliz blockchain, particularly around the 2022 World Cup, shows a pre-event surge in value and a subsequent decline, aligning with the "buy the rumor, sell the news" phenomenon. [12] A related study on Chiliz fan token polls indicates they effectively engage around 50% of token holders. [13] Another analysis contrasts fan tokens and Chiliz investments, indicating that while fan tokens may lead to losses, Chiliz offers a more reliable investment option. [14]
Denominations | |
---|---|
Code | $CHZ |
Development | |
Original author(s) | Alexandre Dreyfus |
White paper |
www |
Development status | Active |
Developer(s) | Mediarex |
Ledger | |
Ledger start | October 1, 2018 |
Block explorer |
explorer |
Website | |
Website |
www |
Chiliz is a blockchain platform developed by Maltese-based sports company Mediarex. [1] The Chiliz blockchain powers the Socios.com platform, which offers fan tokens to sports fans, enabling them to participate in polls hosted by the clubs, or receive rewards and promotions. [2] The native token Chiliz is used to buy the fan tokens. [3] Alexandre Dreyfus is the CEO of Chiliz [4] and Beatrice Collet is the managing director. [5]
Chiliz was launched in 2018 by Maltese-based sports company Mediarex led by CEO Alexandre Dreyfus. [3] Members of the firm's advisory panel include Dr. Christian Mueller, InFront Sports’ vice president, strategy and business development, and Sam Li, Sina Sports’ head of strategic partnerships; with Perform Group's chief strategy officer of Perform Group, John Gleasure, also a shareholder of Mediarex. Other members of the advisory board are Fnatic's CEO Wouter Sleijffers and Team Vitality's CEO Nicolas Maurer. [6]
In June 2018, Chiliz raised $65 million in a round led by Binance with other reputed names in the industry like OK Blockchain Capital, FBG Capital, Ceyuan Ventures, and Bancor also investing. [6] In March 2021, the company announced it will invest $50 million in an expansion to the United States. [7]
Fan tokens are digital coins created on the Chiliz blockchain that sports organisations provide to their fans through the app Socios.com. [8] They allow fans to vote on a variety of minor decisions, such as new facilities, kit designs, shirt numbers of new signings, celebration songs, and more. [9] Fan Tokens were first introduced in 2019, with football clubs Juventus and Paris Saint-Germain being the first clubs to launch their official tokens. [10] Sports clubs including Barcelona, Atletico Madrid, Manchester City, Inter, Arsenal, AS Roma, Galatasaray, Flamengo, Corinthians and 60 other teams have launched Fan Tokens through Socios.com. [11]
Research into the dynamics of fan tokens on the Chiliz blockchain, particularly around the 2022 World Cup, shows a pre-event surge in value and a subsequent decline, aligning with the "buy the rumor, sell the news" phenomenon. [12] A related study on Chiliz fan token polls indicates they effectively engage around 50% of token holders. [13] Another analysis contrasts fan tokens and Chiliz investments, indicating that while fan tokens may lead to losses, Chiliz offers a more reliable investment option. [14]