What Is Chiliz (CHZ)?
Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.
For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan. Chiliz has developed partnerships with some of the biggest sporting institutions in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming organizations. By purchasing CHZ, fans get access to various fan tokens and literally have a stake in their club.
Who Are the Founders of Chiliz (CHZ)?
Chiliz was founded by Alexandre Dreyfus, its current CEO. Dreyfus has over 20 years of experience founding and growing web-based companies. For instance, he developed Webcity, an interactive travel guide, and Winamax and Chilipoker, both online poker projects, before founding Chiliz in 2017. His explicit goal with the company is to “work harder than ever on our mission to fully establish Fan Tokens as the ultimate fan engagement tool and as a powerful new revenue generator for the sports industry.” This has been highlighted in the aggressive expansion of fan tokens that have seen numerous European football powerhouses, but also smaller clubs sign on.
Chiliz Price Prediction
If you’re looking for Chiliz price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Chiliz (CHZ) will go in the future? We will analyze the past prices of Chiliz (CHZ) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|2021||$ 0.31||$ 0.34||$ 0.35|
|2022||$ 0.47||$ 0.48||$ 0.57|
|2023||$ 0.70||$ 0.72||$ 0.81|
|2024||$ 1.03||$ 1.06||$ 1.23|
|2025||$ 1.47||$ 1.51||$ 1.82|
|2026||$ 2.14||$ 2.22||$ 2.56|
|2027||$ 3.20||$ 3.29||$ 3.82|
|2028||$ 4.43||$ 4.60||$ 5.47|
|2029||$ 6.49||$ 6.68||$ 7.80|
|2030||$ 9.37||$ 9.70||$ 11.58|
|USD Price||$ 0.30|
|24h Volume||$ 234,987,016|
Chiliz (CHZ) Price Prediction
At reconshell.com we predict future Chiliz price predictions/CHZ forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Chiliz. We do our best to collect maximum historical data for the CHZ coin which include multiple parameters like past price, Chiliz marketcap, Chiliz volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Chiliz Price Prediction 2021
According to our deep technical analysis on past price data of CHZ, In 2021 the price of Chiliz is predicted to reach at a minimum level of $0.31. The CHZ price can reach a maximum level of $0.35 with the average trading price of $0.34.
Chiliz Price Prediction 2022
The price of Chiliz is predicted to reach at a minimum level of $0.47 in 2022. The Chiliz price can reach a maximum level of $0.57 with the average price of $0.48 throughout 2022.
CHZ Price Forecast for 2023-2024
As per the forecast price and technical analysis, In 2023 the price of Chiliz is predicted to reach at a minimum level of $0.70. The CHZ price can reach a maximum level of $0.81 with the average trading price of $0.72.
The price of 1 Chiliz is expected to reach at a minimum level of $1.03 in 2024. The CHZ price can reach a maximum level of $1.23 with the average price of $1.06 throughout 2024.
Chiliz Price Prediction 2025
Chiliz price is forecast to reach a lowest possible level of $1.47 in 2025. As per our findings, the CHZ price could reach a maximum possible level of $1.82 with the average forecast price of $1.51.
Chiliz Price Prediction 2026
According to our deep technical analysis on past price data of CHZ, In 2026 the price of Chiliz is forecasted to be at around a minimum value of $2.14. The Chiliz price value can reach a maximum of $2.56 with the average trading value of $2.22 in USD.
Chiliz (CHZ) Price Prediction 2027
The price of Chiliz is predicted to reach at a minimum value of $3.20 in 2027. The Chiliz price could reach a maximum value of $3.82 with the average trading price of $3.29 throughout 2027.
Chiliz Price Prediction/Forecast 2028
As per the forecast and technical analysis, In 2028 the price of Chiliz is expected to reach at a minimum price value of $4.43. The CHZ price can reach a maximum price value of $5.47 with the average value of $4.60.
Chiliz (CHZ) Price Prediction 2029
The price of Chiliz is predicted to reach at a minimum value of $6.49 in 2029. The Chiliz price could reach a maximum value of $7.80 with the average trading price of $6.68 throughout 2029.
Chiliz Price Prediction 2030
Chiliz price is forecast to reach a lowest possible level of $9.37 in 2030. As per our findings, the CHZ price could reach a maximum possible level of $11.58 with the average forecast price of $9.70.
What Makes Chiliz (CHZ) Unique?
Every sporting organization using the Chiliz technology has a limited supply of fan tokens that are offered at an initial FTO (fan token offering). These tokens are offered on a first-come-first-serve basis, with the opening price and fully diluted market cap disclosed by Chiliz beforehand. The native CHZ token is used to purchase fan tokens and acts as the platform’s internal currency. Fans can then vote on the Socios platform with their fan tokens, a process made possible using smart contracts. Clubs determine the amount of influence fans have. Decisions can range from new jersey designs to deciding team matchups in exhibition games.
Chiliz pioneered direct participation for average sport fans in the decision-making process of clubs and organizations. The company is constantly creating new ways for fans to engage, with the establishment of the Chiliz Blockchain Campus, a privately-owned crypto incubator focused on accelerating blockchain technology adoption across Asia and Europe as an example. The company estimates to be at about 10% of its potential, despite the fact that it will likely have 80-100 teams as a part of its network by the end of 2021.
How Many Chiliz (CHZ) Coins Are There in Circulation?
The total supply of CHZ is 8.8 billion, minted at its launch in October 2018 and distributed to early contributors with no public sales beyond what was made available through exchanges. The token distribution is as follows:
- 15 % – Strategic Acquisitions
- 5% – Team
- 7% – Seed investors
- 3% – Advisory board
- 15% – Marketing
- 20% – Userbase reserve
- 34.5% – Token sale
Initially, CHZ launched as ERC-20 token, but it was later also designed to be BEP-2 compatible, owning Binance Launchpool’s role in releasing fan tokens as part of a strategic partnership. CHZ is also available as TRC-20 token on the Tron blockchain.
How Is the Chiliz Network Secured?
CHZ is available on several blockchains, such as Ethereum, Binance Smart Chain and Tron. Fan tokens are minted on its Socios sidechain with a proprietary crowd control mechanism, so fans are in a protected environment and vote only in publicly audited polls. The sidechain uses a proof-of-authority consensus mechanism. Proof-of-authority is mostly used by private organizations that have closed blockchains and only users within its ecosystem participating. It is less decentralized than other consensus mechanisms but is easily scalable and highly secure, making it the ideal choice for a sidechain. The CHZ token has been audited by Certik.
When Will Chiliz Trading Begin?
Chiliz launched in October 2018 on the Ethereum mainnet.
Where Can You Buy Chiliz (CHZ)?
CHZ is available on Binance, Huobi, Coinbase, FTX and many other exchanges.