Chiliz (CHZ) is a token project on the Ethereum network that aims to become a benchmark for all sports fans in the blockchain world. The idea has been driven by Socios.com, a popular engagement platform for sports fans, and HX Entertainment Limited, a group dedicated to the sports and entertainment events organization industry, with the aim of making Chiliz the epicenter of all its operations.

To achieve this goal, Chiliz is intended to be positioned as a currency for the purchase of products and services associated with its platform. This ranges from the purchase of merchandising, fan tokens, NFT, sports betting, payment solutions, among other products. In addition, in order to cope with the escalating value of commissions on Ethereum, Chiliz has prepared its own blockchain to boost the scalability of its token, enabling fast transactions. The technology of this network is based on Ethereum through the Proof of Authority (PoA) protocol, allowing interoperability with the network where this token was initially created.

In this way, Chiliz aspires to be a currency of global reach, with a wide range of uses linked to the sports world and to become a benchmark in this sector.