Chiliz is a cryptocurrency that allows sports fans to engage with unique experiences with their favourite sports teams. Chiliz leverages blockchain technology to enable a new kind of direct engagement between fans and their favorite sports teams.
Fans can use the Chiliz native token $CHZ to purchase Fan Tokens. Participating teams can customize what owning their respective Fan Token entails. These privileges range from real world experiences, access to certain evens and some even grant holders influence over decisions relevant to the team e.g. jersey designs, stadium names in some situations the starting line ups!
Chiliz gives fans a route to get more involved in their favorite teams while providing a method of monetization for the team itself.
Some of the organisations that have partnerships with Chiliz include FC Barcelona, Paris Saint Germain, Juventus and the Ultimate Fighting Championship (UFC).