Cryptocurrency Q&A
What is the supply limit for Chiliz?
What is the supply limit for Chiliz?
Alessandra
Tue Oct 08 2024
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7 answers
1264
Can you explain to me what the supply limit for Chiliz tokens is? I'm curious to know if there's a cap on the total number of tokens that will ever be in circulation. Understanding this aspect of the cryptocurrency is important for investors like me who are considering adding Chiliz to our portfolios. So, could you please elaborate on the supply limit and how it impacts the value and potential growth of the token?
7 answers
CryptoChieftain
Thu Oct 10 2024
Cryptocurrency markets have been witnessing an increasing trend in the past few years, with new projects and tokens emerging regularly. Among these, Chiliz stands out for its unique approach and fixed total supply.
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Davide
Thu Oct 10 2024
Unlike many other cryptocurrencies, Chiliz has a limited number of tokens in circulation. Specifically, the total supply of CHZ tokens is fixed at 8.8 billion. This means that there will never be more than 8.8 billion CHZ tokens in existence.
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KatanaSharpened
Thu Oct 10 2024
The fixed total supply of Chiliz is an important aspect of its economic model. It helps to ensure that the value of CHZ tokens remains stable over time, as the scarcity of the tokens increases as they are distributed and traded.
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amelia_miller_designer
Thu Oct 10 2024
Moreover, the fixed total supply also serves as a safeguard against inflation. As the demand for CHZ tokens grows, the limited supply will help to prevent the value of the tokens from being diluted by an excessive increase in the supply.
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BlockchainBrawler
Wed Oct 09 2024
In addition to its fixed total supply, Chiliz also has a number of other features that make it attractive to investors and users. For example, the platform is focused on the sports and entertainment industry, providing a unique use case for CHZ tokens.
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