Chiliz to Undergo Hard Fork on October 14th

Chiliz has announced that the Snake8 Hard Fork will go live on the Chiliz Chain on October 14 at 09:00 UTC. The upgrade marks the next stage in the network’s evolution, aimed at enhancing performance, scalability, and overall stability within the Chiliz Web3 infrastructure for sports and entertainment.

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.