What is Chiliz? And Where Do You Buy it?

Chiliz is a fin-tech company and blockchain which was created to specifically cater to the sports world. Through the Chiliz platform, fans can engage with their favorite teams through voting, as well as purchase gear.

Sounds interesting? Keep reading to find out more.

Chiliz is a fin-tech company which has created a revolutionary blockchain that combines the world of cryptocurrency with the world of sports. It is made up of two parts.

The Chiliz blockchain is run on a proof of authority consensus method, which means the company behind Chilis processes and approves all transactions. This method is not decentralized, as the company makes all the decisions for the blockchain and it’s future. Chiliz is what is known as a private blockchain.

Chiliz was founded in 2017 by Alexandre Dreyfus in Malta, although the company now has offices all over the world. Dreyfus is the current CEO, and rightfully so, as he has over 20 years expanding web-based companies as well as working on online gaming sites like Chilipoker.

Chiliz was initially invented to be a blockchain that can use by those who aren’t yet blockchain savvy. While it hasn’t really shown whether or not this is true just yet, it is a noble goal, as many individuals passionate about club sports are not the technical type who understand the deeper workings of blockchain technology.

Once you have your CHZ tokens, you can head back to the app, and transfer them there. Now you will be able to browse the app and the current fan token offerings. If you don’t see your current favorite team on the app, just be patient, as new teams are being added all the time.

Overall, Chiliz is a unique blockchain project which could take the sporting world by storm. It is poised to revolutionize the way club sports raise money and make decisions, but only if enough fans can get on board. So if you have a club sports team that you enjoy watching, consider asking them to integrate to the blockchain world so you can have fun helping them make decisions on Chiliz!

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