Chiliz is a digital currency for sports and entertainment platforms. It fuels the world’s first scalable, tokenized voting platform, Socios.com where fans can buy, trade and execute voting rights in their favorite sports teams.
The Chiliz project has raised $66 million from some of the world’s largest cryptocurrency exchanges and leading crypto funds in Asia, including Binance, OK Blockchain Capital and Ceyuan Ventures. Chiliz is owned by Malta-based Mediarex Group, a global sports and entertainment organisation, which was founded in 2000, Chiliz is also certified by CertiK, a formal verification framework to mathematically prove that smart contracts and blockchain ecosystems are bug-free and hacker-resistant. Earlier this year, Chiliz obtained 2 licenses for Socios Entertainment OÜ, the corporate entity that will operate the tokenized voting platform.
This will allow Socios.com to offer fiat and cryptocurrency exchange services on the Socios.com app, meaning fans can buy Chiliz ($CHZ) direct, without the need for a third-party exchange. The $CHZ supply will still come from approved and partnered crypto exchanges.
Digital Currency, eSports, Cryptocurrency Exchange, Socios.com, Chiliz, Malta