Chiliz (CHZ)

Chiliz, created by the eponymous Malta-based FinTech company, is the top digital currency for sports and entertainment. It runs the blockchain-based sports entertainment platform Socios, which allows people to vote on the governance of their favourite sports businesses. Socios.com's several fan tokens are an illustration of that. Fan tokens provide a means for sports teams and groups to communicate with their supporters while also opening new income sources.

Fans, for instance, can engage in and influence club-related matters through surveys and polls, such as which messages the captain should wear on his armband. The company's goal is to bridge the gap between being an active and passive fan. Chiliz has formed alliances with some of the largest organisations in the world, including FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also has affiliations with the UFC and gaming companies. Fans who purchase CHZ get access to multiple fan tokens and literally own a stake in their team.

Alexandre Dreyfus, the company's current CEO, established Chiliz. Dreyfus has more than 20 years of expertise in starting and growing web-based businesses. His stated objective for the firm is to "work harder than ever on our aim to completely establish Fan Tokens as the ultimate fan interaction tool and as a significant new income source for the sports industry."

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