Alleged SEC Securities, Sports, NFT, Layer 1 (L1), Ethereum Ecosystem
Chiliz is a blockchain-based fintech platform that provides sports and entertainment fans with the ability to engage with their favorite teams, athletes, and celebrities.
The platform allows users to purchase digital assets such as Fan Tokens, which can be used to access exclusive content, rewards, and experiences. The Chiliz platform is powered by the Chiliz token (CHZ), an ERC-20 token built on the Ethereum blockchain. CHZ is used to purchase Fan Tokens and can also be used for payments within the Chiliz ecosystem.
The Chiliz platform also offers a range of services such as fan engagement tools, ticketing solutions, merchandise stores, and more. By leveraging blockchain technology, Chiliz aims to revolutionize the way fans interact with their favorite teams and athletes by providing them with an unprecedented level of engagement.