Are you looking for an honest Chiliz Review? Search no more because, in this article, we will be reviewing Chiliz honestly, we will also explain how it works, its pros and cons, and everything you need to know about the platform.
What is Chiliz | Chiliz Review
Chiliz is a currency option for blockchain-backed products & services geared towards mainstream consumers. We want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more.
Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences.
What is $CHZ
$CHZ is the native token in the Chiliz ecosystem, it is also the primary cryptocurrency used in Chiliz to reward its users.
Other uses of $CHZ are
OPERATIONAL EXPENSES: 58%
The majority of funds are being used to develop the Socios.com platform, secure partnerships & realize the platform’s digital infrastructure.
USER ACQUISITION: 20%
Funds are used to acquire new users for the Socios.com platform and grow engagement in its voting utilities, P2P user experiences & marketplace
CORPORATE STRUCTURING: 10%
Funds are used to ensure that the Socios.com platform maintains fully independent operations & has the freedom to grow on its own terms.
SECURITY & LEGAL: 5%
Funds have ensured timely audits for Chiliz, for Socios.com platform security & the legality of the platform’s operation in the EU and in all other relevant global markets.
ECOSYSTEM SUPPORT: 7%
The Issuer has invested in Malta’s emergent blockchain ecosystem, developing valuable partnerships to help the company grow.
How to buy $CHZ
Below are some of the exchange platforms that you can buy $CHZ from.
For this article, we will be using Coinuma to show how to buy CHZ.
To buy CHZ with Coinuma, follow the steps below.
- Create an account on Coinuma
- Fund your Coinuma account with your local currency
- Buy Bitcoin
- Now exchange Bitcoin for CHZ
How to sell $CHZ Token
You can sell your $CHZ token by selling it to someone that is in need of it (peer to peer ), or you exchange it to other cryptocurrencies like Bitcoin and Ethereum so you can easily sell it out.
Where to Store your $CHZ
You can store your $CHZ either on ZenGo or Trust Wallet which could both be downloaded on the Google Play Store for Andriod users and the Apple Store for IOS users.
Who is the CEO of Chiliz?
The owner of the Chiliz coin company is known on the internet which is a good indication of the legitimacy of the website.
Alexandre Dreyfus is the CHIEF EXECUTIVE OFFICER of Chiliz.
According to pokerdb,
Alexandre Dreyfus is the founder and CEO of Media Sports & Entertainment, a company dedicated to managing different projects, including the Global Poker Index, a ranking system for live poker players, The Hendon Mob, Worlds Largest Live Poker Database, the Global Poker League, European & American Poker Awards.
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Chiliz Contact Information
Just in case you have any need to contact Chiliz, you can do that using the social media handle and email address below.
You can also contact them using the Contact us Page.
However, Chiliz headquarters is located at
HX Entertainment Ltd.
14 East, Sliema Road, Gzira
GZR 1639, Malta
Chiliz Review | Is Chiliz Legit or Safe?
At the time of writing this article, we can say that the Chiliz coin is legit and Safe.
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