What is #Chiliz #shorts #crypto
Chiliz is a project that provides Web3 technology for sports and entertainment entities. The project has seen immense success with its recent aid in the development of several fan tokens for major sports teams. So far, the project has been able to partner with the likes of the UFC, the NFL and football club/ esports teams around the world. Another one of its big claims to fame is its development of the Socios.com, the sports fan engagement platform.
With Chiliz’s technology, teams can control the parameters of their respective fan tokens. This includes supply, look, price, and so on and so forth. As fan tokens often function as governance tokens, they come with utility beyond just stores-of-value.
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