GlossaryCoin
Chiliz (CHZ): What Is It? Definition & Explanation
Chiliz (CHZ) is the infrastructure token of the Socios.com platform, where over 100 sports clubs including FC Barcelona, Paris Saint-Germain, and Galatasaray have issued fan tokens. Operating on the EVM-compatible Chiliz Chain, the project gives sports fans voting rights and access to exclusive content.
Last updated Sources
Key facts
- Symbol
- CHZ
- Circulating supply
- 10,544,199,836
- Market cap rank
- #119
Current data
- Last price (USD)
- $0.0167
- 24h change
- +0.54%
- Market cap
- $176.19M
- Data time
Chiliz is a sports-focused blockchain project founded in 2018 by Alexandre Dreyfus and integrated with the Socios.com platform. The project's core idea is simple: sports clubs issue their own fan tokens; fans purchase these tokens to gain voting rights on certain decisions and access to exclusive experiences.
How Do Fan Tokens Work?
A fan token is a blockchain-based asset that gives sports fans digital participation rights. CHZ is the infrastructure token on Chiliz Chain where fan tokens operate:
- Purchase the club's fan token (tokens like BAR, PSG, and GAL) — these trade against CHZ
- Voting rights: Fan tokens allow voting on certain club-related decisions in the Socios.com "Vote" feature (jersey designs, training locations, etc.)
- Exclusive access: Fan-only content, giveaways, and rewards
Chiliz ecosystem diagram — relationship between CHZ infrastructure token, Chiliz Chain, club fan tokens, and Socios.com fan experience
Chiliz Chain and Tokenomics 2.0
Chiliz Chain is an EVM-compatible application chain focused on the sports and entertainment sector. "Tokenomics 2.0" was introduced with the Dragon8 hard fork in May 2024:
- Dynamic inflation: Variable emission based on network usage
- Fee burn: A portion of transaction fees is burned and removed from circulation
- PEPPER token: An on-chain points system supporting the community and developer ecosystem
- ERC-4337: Account abstraction support targeting sports fans without crypto knowledge
Tokenomics: Fixed maximum supply of 8,888,888,888 CHZ. Mid-2026 market cap: ~$430–450 million.
Ecosystem and European License
| Club / Organization | Notes |
|---|---|
| FC Barcelona | Among the first major club partnerships |
| Paris Saint-Germain | Europe's largest fan token ecosystem |
| Galatasaray, Trabzonspor | Important Turkish partners |
| Manchester City, Juventus | Premier League and Serie A participation |
| UEFA | Official sponsorship |
MiCA compliance was completed in August–September 2025; Chiliz became one of the first major fan token projects to receive a regulatory license in Europe.
Risks and Considerations
- Cyclical demand: Fan token value is largely tied to sports seasons and team performance — prices rise during championship runs, collapse during poor seasons.
- Sustaining club partnerships: Every partnership renewal involves financial and reputational costs. Some clubs may exit fan tokens.
COINOTAG Perspective
Chiliz became one of the most successful bridge projects for the crypto world to reach sports audiences. European MiCA compliance and UEFA sponsorship make the project's regulatory risk profile less exposed than most rivals. The decisive question for long-term value: are fans actually using their voting rights and exclusive content access? Active engagement metrics are the most reliable indicator for answering this.
Frequently Asked Questions
What is Chiliz (CHZ)?
Chiliz is the infrastructure token of the Socios.com platform where over 100 sports clubs including FC Barcelona and Galatasaray have issued fan tokens. Operating on the EVM-compatible Chiliz Chain, the project gives fans voting rights and exclusive experiences.
What is a fan token?
A fan token is a blockchain asset giving sports fans digital participation rights. Fan tokens purchased on Socios.com grant voting rights on certain decisions such as jersey designs, plus access to exclusive content and giveaways. CHZ is the infrastructure token on Chiliz Chain where these tokens operate.
What is CHZ's total token supply?
CHZ's fixed maximum supply is 8,888,888,888 (approximately 8.89 billion). Dynamic inflation and fee burn mechanisms were introduced with the Dragon8 hard fork in May 2024. Market cap was approximately $430–450 million as of mid-2026.
What European regulations apply to Chiliz?
Chiliz completed its European license under the EU's MiCA (Markets in Crypto-Assets) regulation in August–September 2025. This makes Chiliz one of the first major fan token projects to achieve regulatory compliance in Europe.