Chiliz to Participate in Korea Blockchain Week in Seoul on September 23rd

Chiliz will be featured during Korea Blockchain Week in Seoul, scheduled for September 23rd-24h. The programme is expected to outline the company’s “Chain of Champions” initiative, focusing on onboarding sports enthusiasts to Web3 and developing tokenised fan communities on its layer-1 network.

CHZ Info

Chiliz (CHZ) is a digital currency for sports and entertainment platforms. It was developed by the Socios platform, which aims to provide blockchain-based solutions to the sports industry. Chiliz enables fans to purchase branded Fan Tokens, which gives them the ability to participate in fan-led decisions through a mobile voting platform. By owning Fan Tokens, the fans gain the influence to guide club-specific decisions and earn rewards. For instance, fans can vote on club-specific decisions such as jersey designs, game-day activities, and new signings. The CHZ token is used as the native digital currency on the Socios.com platform.