Is chiliz a layer 1 EVM compatible blockchain?

Chiliz, the creator of Fan Tokens, has launched its own Layer 1 EVM compatible blockchain. Chiliz Chain will become the leading infrastructure for sports, attracting teams, fans, and developers, to build web3 products and experiences that bring fans and brands together.

What is chiliz chain?

Chiliz Chain will become the leading infrastructure for sports, attracting teams, fans, and developers, to build web3 products and experiences that bring fans and brands together. Chiliz, founded in 2018, is a blockchain provider focused on the sports and entertainment industry.

What is a chiliz token?

The tokens are essentially your digital pass to the teams you love and want to support. What is Chiliz? Chiliz (CHZ) is a cryptocurrency built on the Ethereum blockchain that enables sports and entertainment fans to monetize and incentivize their activities through tokenization.

What is chiliz (CHZ) & how does it work?

In addition, the CHZ token serves as the currency on the Socios fan engagement marketplace, which holders can use to purchase NFTs. Today, Chiliz is used as a standard for many tokens in sports clubs. The entire network depends on the Ethereum blockchain, which secures and calculates all the transactions that take place.