Chiliz (CHZ) is the cryptocurrency that powers the Socios sports fan engagement platform..
Socios is a "sports fan engagement platform" that enables sports & esports fans to "crowd-manage" their favorite teams. Chiliz (CHZ) is the cryptocurrency that powers the Socios platform.
Sports fans can buy "fan tokens" from teams like FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, OG, CAI & UFC. Fan tokens are minted on the Socios sidechain which uses a proof-of-authority consensus mechanism.
CHZ is available on Ethereum, Binance Smart Chain, and Tron.
The officially recommended wallets are ZenGo and Trust Wallet.