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Chiliz (CHZ)

Rank: 132

0

CHZ Price

85482741

24H Volume

13,13 %

24H Volume Change

571877166

Market Cap

0

Econexus Value

0

Econexus Value

Description

Chiliz, a blockchain platform built on the Solana network, aims to revolutionize fan engagement and digital asset management. It boasts high transaction speeds and remarkably low fees, making it attractive for fan tokens and decentralized applications (dApps). The platform's core strength lies in its streamlined fan token creation and distribution process, enabling sports clubs and entertainment entities to connect directly with their fans.

However, a potential drawback is Chiliz's reliance on Solana, which, while generally fast, may not be as robust as other solutions regarding decentralized security. Scalability remains a watch-out; while generally performing well, significant spikes in demand might impact throughput. Transaction fees, while low, are not entirely negligible, impacting the economic viability of very small transactions.

Security is an important concern. While Chiliz utilizes robust protocols, any blockchain remains vulnerable to hacking. The platform's ecosystem, currently centered around sports and entertainment tokens, is relatively well-established but lacks the breadth and depth of more mature blockchain platforms. Furthermore, some observers express reservations about the degree of centralization inherent in the project's structure and control.

Overall, Chiliz provides a compelling solution for specific use cases within the fan token economy, but its scalability, security, and long-term ecosystem growth need to be continually monitored and assessed in comparison to alternative solutions.

Vesting

Total Distribution Progress
Unlocked 84.2% Untracked 10.3%
SOL 499.99M - $98.51B SOL 57.23M - $11.28B
Allocation
Total Supply: SOL 594.08M
Name Total Unlocked Locked
Community 34.9% 32.7% -
Seed 14.3% 13.5% -
Team 11.5% 10.8% -
Founding Round 11.3% 10.6% -
Inflation 10.3% - -
Foundation 10.1% 9.43% -
Vesting Schedule
Round TGE Unlock Schedule Amount Status
Community 0% Linear Unlock, 9 months SOL 194.45M (34.9%) Completed
Seed 0% Cliff 9 months, then Batch 1 SOL 79.92M (14.3%) Completed
Team 0% Linear Unlock, 2 years SOL 63.95M (11.5%) In Progress

Team

Alexandre Dreyfus

Founder,CEO

Emma Diskin

COO

Gilbert Camilleri

CMO

Max Rabinovitch

CSO

Thibaut Pelletier

CTO

Mark Verdegaal

CPO

Dorianne Spiteri

CLO

Julian La Picque

Group CFO