Crypto Almanac - Part 67 Beginners Guide
Source. Crypto info.com
What is Chiliz?
Chiliz is a blockchain financial technology provider for sports and entertainment purposes. The platform powers the website Socios.com, where sports and esports fans have the ability to crowd-manage their favorite teams, leagues, games and events.
Socios.com also allows sports clubs such as Paris Saint-Germain, Juventus, West Ham etc. to issue 'fan tokens' on Socios own blockchain. These 'fan tokens' give Socios.com users decision making powers, such as being able to vote in polls that the sports clubs publish on the platform, being able to access exclusive club content, connect to other fans socially etc.
Chiliz is working with the UFC and major soccer clubs including FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, Galatasaray, AS Roma and CA Independiente.