Chiliz CHZ
Sports applications and network fees.
Chiliz Chain supports sports and entertainment applications. CHZ is its native coin, used for fees and network participation.
What is Chiliz?
Chiliz provides blockchain infrastructure used by applications such as fan-token services. CHZ pays network transaction fees and supports staking under the chain’s rules. CHZ is distinct from individual team fan tokens.
CHZ does not give ownership of a sports team. Fan-token benefits depend on each program, while staking, application failures, and token-price changes carry risks.
Why people pay attention
Sports applications
Developers can create fan-oriented services.
Network fees
CHZ pays for activity on Chiliz Chain.
Network participation
Validators and delegators use CHZ in staking.
Origins & development
Chiliz publicly launched its new layer-1 chain in May 2023. This describes the chain launch, not the original creation of CHZ or the broader business.
Explore more
Related stories and learning resources will be added after editorial review.
Sources & further reading
Draft — editorial review pending