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      Chiliz (CHZ) coin and how its changing the Entertainment Industry - Stocks Telegraph

      By ST Staff

      Published on

      August 9, 2021

      12:14 PM UTC

      Chiliz (CHZ) coin and how its changing the Entertainment Industry - Stocks Telegraph

      After the blockchain came into existence, a lot of new companies started developing their own networks and targeted different fields. The main purpose was to shift everything to the blockchain network as it was easy to track and provided more security in terms of investments. One of such industry is Sports and Entertainment. This field was targeted by a company known as Chiliz (CHZ). Based in Malta they have brought a change in the entertainment and sports industry.

      Chiliz (CHZ) Coin and its progress

      Chiliz (CHZ) is a Fintech company that is providing its services to the sports and entertainment industry. In 2019 they formed Socios.com, a website that allowed fans to get involved in tokenized voting for their favorite teams. With a total of 19 official partners, the company has plans to get even more involved in the field of football. Teams like FC Barcelona, Paris Saint German, Atletico Madrid, Juventus and AS Roma are some of the prime partners for the company that has allowed its fans to get involved in polls and have rewarded a huge community on the basis of that. The organization has plans to bring in even more partners for their network. According to the recent news Leeds United have recently launched their own token $LUFC with CHZ.

      The native token is CHZ, on the ERC network. The token has a total supply of 8,888,888,888 CHZ. With the current marketcap of $1.8B, the coin is listed on rank # 56 at CoinMarketCap with a market dominance of 0.10%. A total of 66% total supply is currently in the market. Currently there are 101,678 Holders of the token.

      Where to Buy CHZ

      The token is listed on some of the biggest crypto exchanges like Binance, OKEx, Huobi Global and KuCoin. CHZ can also be traded on De-Fi platform (UniSwap). CHZ has also been burning its token with the most recent burn of 11M tokens burned on 5th January 2021. The tokens can be held in different exchanges and wallets as well. The officials have recommended ZenGo and Trust Wallet for the storage of the tokens.

      Has the coin showed substantial growth?

      CHZ has shown progressive growth overall. CHZ went to its All Time High on 12th May 2021 where it had a price of 0.9440 USDT and is currently moving with a price of 0.31274 USDT. CHZ has its community on Medium and Twitter where they keep their holders updated with the new feats.

      IS CHILIZ (CHZ) Coin a good investment?

       

      Chiliz has a number of big partnerships. Traders have a sweet liking for the coin as well. It can be seen that the coin has performed well and is gaining more traction from the people as well, as new holders continue to arise. It can be said that the coin has huge growth potential. 

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