| Denominations | |
|---|---|
| Code | $CHZ |
| Development | |
| Original author(s) | Alexandre Dreyfus |
| White paper | www |
| Development status | Active |
| Developer(s) | Mediarex |
| Ledger | |
| Ledger start | October 1, 2018; 6 years ago (2018-10-01) |
| Block explorer | explorer |
| Website | |
| Website | www |
Chiliz is ablockchain platform developed by Maltese-based sports company Mediarex.[1] The Chiliz blockchain powers theSocios.com platform, which offers "fan tokens" to users, 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 byBinance 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 users via the appSocios.com.[8] This app allows users 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 clubsJuventus andParis Saint-Germain being the first clubs to launch their official tokens.[10] Sports clubs includingBarcelona,Atletico Madrid,Manchester City,Inter,Arsenal,AS Roma,Galatasaray,Flamengo,Corinthians and 60 other teams have launched Fan Tokens through Socios.com.[11]
