Convert and Swap Chiliz CHZ to Euro EUR
CHZ/EUR: 1 Chiliz equals €0.0815 EUR
Last update: 5:45 PM, December 22, 2024
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Chiliz is falling this week.
The current price of Chiliz is €0.0815 per CHZ. With a circulating supply of 9,206,791,217 CHZ, it means that Chiliz has a total market cap of €751,354,706.25. The amount of Chiliz traded has fallen by €22,700,552.57 in the last 24 hours, which is a 22.80% decrease. Additionally, in the last day, €99,552,093.58 worth of CHZ has been traded.
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About Chiliz
Chiliz (CHZ) is an Ethereum token that powers Socios.com, a platform that lets users trade tokens to show their support for professional sports teams. The tokens on Socios.com — called Fan Tokens — make users eligible for rewards and promotions and can also be used to influence team decisions by popular voting on the Chiliz blockchain.
Chiliz (CHZ) is a digital currency that aims to transform the sports and entertainment industry. Developed by a Malta-based FinTech provider, Chiliz operates the blockchain-based sports entertainment platform Socios. This platform allows users to participate in the governance of their favorite sports brands through fan tokens. By purchasing CHZ, fans gain access to these tokens and can influence club-related decisions through surveys and polls. Chiliz has established partnerships with renowned sporting institutions worldwide, including FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. The company's goal is to bridge the gap between being an active and a passive fan, providing a new way for sports clubs and associations to connect with their fans and unlock new revenue streams.
Chiliz operates through a blockchain-based platform called Socios, where sports organizations can offer a limited supply of fan tokens through an initial fan token offering (FTO). These tokens are available 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. The amount of influence fans have is determined by the clubs. The decisions can range from new jersey designs to deciding team matchups in exhibition games.
Chiliz seeks to revolutionize fan engagement in the sports and entertainment industry. By purchasing CHZ, fans can acquire fan tokens that allow them to participate in club-related decisions, enhancing their engagement with their favorite sports brands. This could include voting on new jersey designs or influencing team matchups in exhibition games. Chiliz also aims to provide sports clubs and associations with a new way to connect with their fans and unlock new revenue streams. Furthermore, Chiliz is continually creating new ways for fans to engage, such as the establishment of the Chiliz Blockchain Campus, a privately-owned crypto incubator focused on accelerating blockchain technology adoption across Asia and Europe.
Chiliz was founded by Alexandre Dreyfus, who has over 20 years of experience founding and growing web-based companies. Before founding Chiliz in 2017, Dreyfus developed Webcity, an interactive travel guide, and Winamax and Chilipoker, both online poker projects. His explicit goal with Chiliz is to establish fan tokens as the ultimate fan engagement tool and a powerful new revenue generator for the sports industry. This vision has led to the aggressive expansion of fan tokens, attracting numerous European football powerhouses and smaller clubs. 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.
How Chiliz and Euro differ
Chiliz (CHZ) and Euro (EUR) are two distinct forms of currency, each with its unique characteristics and uses. Chiliz, a digital currency, aims to transform the sports and entertainment industry by enabling fans to participate in the governance of their favorite sports brands. It operates on a blockchain-based platform, Socios, where sports organizations offer fan tokens that fans can purchase using CHZ. These tokens allow fans to vote on club-related decisions, enhancing their engagement with their favorite sports brands. On the other hand, the Euro is a traditional fiat currency used by 19 of the 27 member states of the European Union. Unlike Chiliz, the Euro does not operate on a blockchain platform and is not used to purchase fan tokens. Instead, it is used for everyday transactions, from buying groceries to paying bills. While Chiliz seeks to provide a new way for sports clubs and associations to connect with their fans and unlock new revenue streams, the Euro serves as a stable and widely accepted medium of exchange in the European Union.
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The exchange rate of Chiliz is increasing.
The current value of 1 CHZ is €0.08 EUR. In other words, to buy 5 Chiliz, it would cost you €0.41 EUR. Inversely, €1.00 EUR would allow you to trade for 12.27 CHZ while €50.00 EUR would convert to 613.50 CHZ, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 23.8%. Meanwhile, in the last 24 hours, the rate has changed by 0.47%, and that the the highest exchange rate of 1 CHZ to Euro was €0.0835 EUR and the lowest 24 hour value was 1 CHZ for €0.0780 EUR. This time last month, the value of 1 CHZ was €0.07 EUR, which is a 12.89% decrease from where it is now. Looking back a year, Chiliz has changed by €0.08 EUR. That means that in a single year, the value of Chiliz has shrank by 4.42%.
CHZ to EUR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
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€0.0813 EUR | 0.47% |