Chiliz (CHZ) Review
They do so by building scalable service layers on top of their own private, proof of authority blockchain (the Chiliz chain). All of these projects are fueled by the Chiliz token ($CHZ), a chain-agnostic digital currency that is currently available on leading crypto exchanges around the world.
Fan Tokens bought on Socios.com allows users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition. All Fan Tokens are minted using the Chiliz blockchain & all on-platform voting is executed as a series of smart contracts that run through the Chiliz blockchain.
|Chiliz Price||$0.011001 USD|
|Market Cap||$54,132,165 USD|
|Circulating Supply||4,920,737,861 CH|
More about Chiliz (CHZ):
The Chiliz defi token is classified as a ‘Virtual Financial Asset’ in terms of the applicable
Maltese ‘Virtual Financial Assets Act’ (Chapter 590 of the Laws of Malta) (the ‘VFA
Act’) The Chiliz token does not possess any necessary characteristic required to
be considered transferable security, money market instrument, unit in collective
investment schemes, a digital currency, commodity, security or any other form of
investment in any jurisdiction.
This white paper is compiled in accordance with the requirements and provisions of
the VFA Act and is in the process of being registered with the relevant competent
authority, the Malta Financial Services Authority. As at the date of this white paper,
no other registrations, approvals, or licensing requirements apply for the Chiliz token
in terms of applicable Maltese law.
This white paper does not constitute a prospectus or offering document and is not a
solicitation for investment and does not constitute an offer of financial instruments,
securities to the public, or a collective investment scheme. Any decision to purchase
Chiliz defi tokens shall be based on consideration of this white paper as a whole.
The Issuer reserves the right to (i) make changes to this white paper and any documents
linked to the Chiliz token and/or holding and use of Chiliz token to ensure compliance
with the applicable regulatory requirements and (ii), do all that is necessary to
be in compliance with any regulatory requirements, including but not limited to,
interrupting, suspending, or ceasing the operations or trading of the Chiliz token if
deemed necessary at the Issuer’s sole discretion.
It is solely up to you to ensure that no prior or subsequent approval, notification,
registration or license is needed or if such is needed, it is solely up to you to obtain
such prior or subsequent approval, notification, registration or license or require
any form in the country where you are a citizen, national, resident or having a similar
connecting factor, or incorporated, registered or effectively managed, and the Issuer
shall not in any way be liable for any non-conformity of the above by you.
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Chiliz (CHZ) Scam or Not?
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