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$27.0m

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Chiliz operates in the blockchain and cryptocurrency market, offering a unique currency option for blockchain-backed products and services aimed at mainstream consumers. The company focuses on enhancing fan engagement in the sports and entertainment sectors through its proprietary blockchain, the Chiliz chain. Chiliz provides sports entertainment entities with blockchain-based tools to help them engage and monetize their audiences. These tools are built on scalable service layers on top of the Chiliz chain, a private, proof-of-authority blockchain. The core of Chiliz's ecosystem is the Chiliz token (CHZ), a chain-agnostic digital currency available on leading crypto exchanges globally.

Chiliz's flagship product is the Socios.com platform, which uses the CHZ token as its exclusive on-platform currency. Socios.com allows fans to buy Fan Tokens, enabling them to influence their favorite teams via popular vote and earn engagement-based rewards and recognition. This platform serves sports teams and entertainment entities looking to deepen their fan engagement and create new revenue streams.

The company also operates the Chiliz Blockchain Campus, an accelerator and industry hub that connects major stakeholders across Asia and Europe with emerging blockchain entrepreneurs. Chiliz generates revenue through the sale of CHZ tokens, transaction fees on the Socios.com platform, and partnerships with sports teams and entertainment entities.

Keywords: blockchain, cryptocurrency, fan engagement, sports entertainment, Chiliz token, Socios.com, Fan Tokens, proof-of-authority, digital currency, blockchain accelerator.

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Investments by ChiliZ

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