What is the Chiliz (CHZ) cryptocurrency

**Chiliz (CHZ)** is a cryptocurrency that is used for sports tokenization, powering the world's first scalable sports engagement and rewards platform ¹. It is also the first sports-based crypto exchange where fans can trade customized fan tokens and participate in club-based surveys and pools ¹.

Some of the advantages of Chiliz include its ability to offer sports and entertainment businesses blockchain-based tools, enabling them to engage and monetize their activities seamlessly ¹. Chiliz is also known for its sports fan engagement platform Socios ¹.

As for challenges, Chiliz faces competition from other cryptocurrencies such as **Fan Token Offering (FTO)**, **Stryking**, and **Fantasy Gold** ².

In summary, Chiliz (CHZ) is a cryptocurrency that is used for sports tokenization. Its advantages include offering blockchain-based tools to sports and entertainment businesses, while its challenges include competition from other cryptocurrencies such as FTO, Stryking, and Fantasy Gold.

¹: [CoinGecko](https://www.coingecko.com/learn/what-is-chiliz-chz-a-detailed-guide)
²: [Exmo](https://info.exmo.com/en/cryptocurrency/chiliz-chz-review/)

Source: Conversation with Bing, 26/10/2023
(1) What Is Chiliz (CHZ)? A Detailed Guide - CoinGecko. https://www.coingecko.com/learn/what-is-chiliz-chz-a-detailed-guide.
(2) The Chiliz Blockchain and CHZ Cryptocurrency Explained. https://toughnickel.com/personal-finance/Chiliz-and-CHZ-Cryptocurrency-Explained.
(3) Chiliz (CHZ) review: where and why to buy the coin. https://info.exmo.com/en/cryptocurrency/chiliz-chz-review/.
(4) What is Chiliz (CHZ) Cryptocurrency? | CCG. https://www.cryptocurrencyguide.org/what-is-chiliz-chz-cryptocurrency/.

Chiliz token chart

https://ethplorer.io/address/0x3506424f91fd33084466f402d5d97f05f8e3b4af#pageTab=issuances&tab=tab-issuances