Oriole Insights blog

Chiliz (CHZ) is a cryptocurrency enhancing fan engagement in sports and entertainment through blockchain technology. This article explores how CHZ powers the Socios platform, where fans can purchase fan tokens of their favorite teams. Owning these tokens grants voting rights, access to exclusive content, and rewards, fostering a closer connection with clubs like FC Barcelona and Juventus. The article delves into Chiliz's use of the Ethereum blockchain and a proof of authority sidechain for security and scalability. Overall, the article shows how Chiliz is transforming traditional fan experiences by integrating cryptocurrency into the sports industry.