Chiliz (CHZ) Metrics
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Chiliz (CHZ)
What is Chiliz?
Chiliz (CHZ) is a blockchain-based digital currency launched in 2018 by Alexandre Dreyfus and his team at Socios.com. It was designed to revolutionize fan engagement in the sports and entertainment industries. Operating on the Ethereum blockchain as an ERC-20 token, Chiliz enables fans to purchase branded Fan Tokens, which allow them to participate in exclusive polls and earn rewards from their favorite sports teams and entertainment entities. The CHZ token serves multiple roles, including acting as a medium of exchange within the Socios platform for acquiring Fan Tokens and participating in governance activities. Chiliz is notable for its partnerships with major sports organizations, providing a unique platform for fan interaction and engagement. This innovative approach positions Chiliz as a significant player in bridging the gap between sports teams and their global fanbases through blockchain technology.
When and how did Chiliz start?
Chiliz originated in 2018 when Alexandre Dreyfus and his team at Mediarex Group released the project's concept, focusing on blockchain-based fan engagement solutions. The Chiliz whitepaper was published in early 2018, outlining the vision for a platform that would empower sports and entertainment fans to participate in the decision-making processes of their favorite teams and organizations. The project launched its testnet in late 2018, followed by the mainnet in early 2019, marking its initial public availability. Chiliz's initial distribution occurred through a private token sale in 2018, which helped raise capital for further development. The CHZ token, integral to the Chiliz ecosystem, was distributed to early investors during this phase. These foundational steps set the stage for Chiliz's growth, enabling partnerships with major sports organizations and the development of the Socios.com platform, where fans can interact with and influence their favorite teams.
What’s coming up for Chiliz?
According to official updates, Chiliz is gearing up for several key developments aimed at enhancing its ecosystem. One of the major upcoming milestones is the launch of the Chiliz Chain 2.0, expected to be released in the coming months. This upgrade focuses on improving scalability and providing a more robust infrastructure for the platform's sports and entertainment tokenization initiatives. Additionally, Chiliz is working on expanding its network of partnerships with various sports organizations and leagues, which is anticipated to increase the adoption of its fan tokens. Governance enhancements are also on the horizon, with plans to introduce more decentralized decision-making processes for community involvement. These initiatives are part of Chiliz's broader strategy to strengthen its position in the blockchain space and offer more value to its users. Progress on these developments is tracked through their official roadmap and updates.
What makes Chiliz stand out?
Chiliz stands out through its unique focus on tokenizing sports and entertainment experiences, primarily using blockchain technology to enable fan engagement and monetization. It operates on its own blockchain, which is a sidechain of Ethereum, allowing for efficient and secure transactions. Chiliz employs a Proof of Authority consensus mechanism, which enhances transaction speed and reduces energy consumption compared to traditional Proof of Work systems. The platform's standout feature is its Socios.com platform, where fans can purchase Fan Tokens for their favorite sports teams and organizations. This not only enhances fan engagement but also creates new revenue streams for sports entities. Chiliz has formed partnerships with major sports organizations, including prominent football clubs and the UFC, further solidifying its position in the sports industry. These partnerships, along with a robust ecosystem designed for seamless fan interaction, contribute to Chiliz's distinct role in integrating blockchain with sports and entertainment.
What can you do with Chiliz?
The CHZ token is primarily used within the Chiliz ecosystem to facilitate transactions and interactions on platforms like Socios.com. Holders can use CHZ to purchase fan tokens, which grant them access to exclusive content, experiences, and voting rights in club-specific polls. This enables fans to engage directly with their favorite sports teams and organizations. Additionally, CHZ can be used for trading on various cryptocurrency exchanges, allowing users to buy, sell, or exchange these tokens. Developers can leverage Chiliz to build applications that integrate fan engagement features, utilizing the token for in-app transactions or rewards. The ecosystem supports a range of wallets and platforms that facilitate the use and storage of CHZ, enhancing user accessibility and interaction. While CHZ is not typically used for staking or governance on the Chiliz blockchain itself, its primary utility lies in enabling fan engagement and participation through tokenized experiences.
Is Chiliz still active or relevant?
Chiliz remains active, with recent developments indicating ongoing relevance. In September 2023, Chiliz announced a new upgrade to its blockchain infrastructure, focusing on enhancing scalability and efficiency. The project maintains a strong presence in the sports and entertainment sector, leveraging its partnerships with major sports teams and organizations to drive fan engagement through blockchain technology. Chiliz continues to be actively traded on numerous major exchanges, reflecting sustained market interest. The ecosystem supports various fan token initiatives, which are integral to its platform's utility. Additionally, Chiliz has maintained active communication channels, providing updates and engaging with its community, which underscores its commitment to ongoing development and relevance within the blockchain and sports sectors.
Who is Chiliz designed for?
Chiliz is designed primarily for sports and entertainment fans, enabling them to engage more deeply with their favorite teams and clubs through fan tokens. These tokens allow fans to participate in decision-making processes, access exclusive content, and enjoy unique experiences. Chiliz provides a platform that includes tools such as the Socios.com app, where fans can purchase and trade these tokens. Secondary participants, including sports teams and clubs, use Chiliz to enhance fan engagement and create new revenue streams. By leveraging blockchain technology, Chiliz facilitates a more interactive and rewarding relationship between fans and their favorite sports entities, contributing to a vibrant and participatory ecosystem.
How is Chiliz secured?
Chiliz uses a Delegated Proof of Stake (DPoS) consensus mechanism in which a limited number of elected validators confirm transactions and maintain network integrity. This model allows for efficient transaction processing and scalability. Validators are selected by the community through a voting process, and they are responsible for creating new blocks and validating transactions. To ensure security and incentivize proper behavior, validators are rewarded for their participation, while facing penalties or slashing if they act maliciously or fail to meet network requirements. The protocol employs cryptographic techniques such as Elliptic Curve Digital Signature Algorithm (ECDSA) to ensure authentication and data integrity. This cryptographic foundation secures transactions and protects against unauthorized access. Chiliz also benefits from regular audits and a robust governance framework, allowing stakeholders to propose and vote on network upgrades, which further enhances security and adaptability. These measures collectively contribute to the resilience and trustworthiness of the Chiliz network.
Has Chiliz faced any controversy or risks?
Chiliz has faced several risks and controversies primarily related to its blockchain and regulatory environment. In 2021, the platform experienced security concerns when vulnerabilities were identified in its smart contracts, which were promptly addressed through patches and audits to ensure user safety. Additionally, Chiliz operates in a regulatory landscape that is continuously evolving, posing potential risks of compliance with international financial laws and regulations. The company actively engages with legal experts to navigate these challenges. Community disputes have also arisen, particularly concerning the governance of fan tokens and decision-making processes. Chiliz has responded by enhancing transparency and involving community feedback in governance decisions. Ongoing risks for Chiliz include market volatility and regulatory changes, which are mitigated through proactive development practices and regular security audits to maintain trust and stability in its ecosystem.
Chiliz (CHZ) FAQ – Key Metrics & Market Insights
Where can I buy Chiliz (CHZ)?
Chiliz (CHZ) is widely available on centralized cryptocurrency exchanges. The most active platform is Binance Futures, where the CHZ/USDT trading pair recorded a 24-hour volume of over $20 274 253.54. Other exchanges include Binance and WhiteBIT.
What's the current daily trading volume of Chiliz?
As of the last 24 hours, Chiliz's trading volume stands at $39,971,037.68 , showing a 8.61% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What's Chiliz's price range history?
All-Time High (ATH): $0.891213
All-Time Low (ATL): $0.003969
Chiliz is currently trading ~95.40% below its ATH
and has appreciated +799% from its ATL.
What's Chiliz's current market capitalization?
Chiliz's market cap is approximately $426 809 350.00, ranking it #118 globally by market size. This figure is calculated based on its circulating supply of 10 312 611 485 CHZ tokens.
How is Chiliz performing compared to the broader crypto market?
Over the past 7 days, Chiliz has gained 16.11%, outperforming the overall crypto market which posted a 1.10% decline. This indicates strong performance in CHZ's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Chiliz Basics
| Whitepaper | Open |
|---|
| Development status | Beta version |
|---|---|
| Org. Structure | Centralized |
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Hardware wallet | Yes |
| Started |
1 January 2018
over 8 years ago |
|---|
| Website | chiliz.com |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (3) | etherscan.io bscscan.com solscan.io |
|---|
| Tags |
|
|---|
| Blog | chiliz.com |
|---|---|
| facebook.com | |
| Faq | medium.com |
| Forum | medium.com |
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Popular Calculators
Chiliz Team
Chiliz Exchanges
Chiliz Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Chiliz
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 255 985 990 | $0.999964 | $16 275 706 042 | 78,258,791,924 | |||
| 22 | Chainlink LINK | $5 724 538 207 | $9.13 | $369 229 453 | 626,849,970 | |||
| 24 | Binance Bitcoin BTCB | $5 430 251 448 | $74 277.12 | $47 137 014 | 73,108 | |||
| 30 | MemeCore M | $4 483 989 793 | $3.47 | $17 005 938 | 1,292,133,403 | |||
| 36 | Shiba Inu SHIB | $3 506 827 930 | $0.000006 | $79 725 952 | 589,264,883,286,605 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 56 | Internet Computer ICP | $1 339 134 207 | $2.43 | $32 888 114 | 551,880,550 | |||
| 74 | Render RENDER | $905 966 583 | $1.75 | $43 663 096 | 517,690,747 | |||
| 100 | Artificial Superintelligence Alliance FET | $551 649 066 | $0.211363 | $50 969 358 | 2,609,959,126 | |||
| 111 | Pudgy Penguins PENGU | $444 212 015 | $0.007067 | $59 325 983 | 62,860,396,090 | |||
| 140 | Floki Inu FLOKI | $298 323 047 | $0.000031 | $49 809 744 | 9,653,536,029,302 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 486 701 112 295 | $74 267.13 | $48 379 901 131 | 20,018,291 | |||
| 2 | Ethereum ETH | $274 209 789 083 | $2 276.99 | $12 379 674 905 | 120,426,316 | |||
| 5 | BNB BNB | $86 387 770 509 | $620.67 | $822 679 323 | 139,184,442 | |||
| 7 | Solana SOL | $48 322 330 833 | $83.97 | $5 928 427 283 | 575,503,370 | |||
| 8 | TRON TRX | $28 486 436 415 | $0.329844 | $810 765 418 | 86,363,298,503 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 7 | Solana SOL | $48 322 330 833 | $83.97 | $5 928 427 283 | 575,503,370 | |||
| 8 | TRON TRX | $28 486 436 415 | $0.329844 | $810 765 418 | 86,363,298,503 | |||
| 14 | Cardano ADA | $9 427 558 554 | $0.244371 | $469 513 959 | 38,578,821,458 | |||
| 38 | Toncoin TON | $3 216 358 726 | $1.29 | $112 397 532 | 2,489,524,356 | |||
| 51 | Near Protocol NEAR | $1 595 579 066 | $1.35 | $207 322 719 | 1,185,165,436 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 382 | Flow FLOW | $56 021 562 | $0.033835 | $3 996 659 | 1,655,727,853 | |||
| 702 | HEROcoin PLAY | $19 397 048 | $0.109573 | $143 125 | 177,023,648 | |||
| 750 | Galatasaray Fan Token GAL | $16 346 462 | $2.49 | $2 206 215 | 6,568,546 | |||
| 913 | Paris Saint-Germain Fan Token PSG | $10 002 236 | $0.827383 | $2 371 861 | 12,089,007 | |||
| 925 | OneFootball Club OFC | $9 670 472 | $0.059963 | $193 241 563 | 161,274,670 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 255 985 990 | $0.999964 | $16 275 706 042 | 78,258,791,924 | |||
| 9 | Lido Staked Ether STETH | $22 158 132 359 | $2 262.33 | $274 985 749 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $9 941 052 937 | $2 795.78 | $112 717 834 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 714 269 287 | $74 054.10 | $288 345 365 | 131,178 | |||
| 17 | WETH WETH | $8 579 875 217 | $2 278.31 | $612 857 560 | 3,765,896 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Chiliz



