CHZ is actually the token of Socios.com. It is a blockchain product and service for mainstream consumers. It aims to enhance the fan participation experience in the sports and entertainment industry and provide alternative payment solutions for traditional products. Provides sports and esports fans with the right to jointly manage teams, events, leagues and other activities.

Chiliz is a sports and entertainment asset token trading platform backed by Socios.com that aims to provide sports and esports fans with a platform to manage their favorite teams. CHZ is a digital currency applied to the platform, which aims to bring fans and supporting clubs and teams closer together around the world. Fans can participate in club decisions by purchasing CHZ on Socios.com, Chiliz's consumer-oriented mobile platform, and earn exclusive rewards and access to the club. Chiliz has long term deals with top football clubs Barcelona, Juventus, Paris saint-germain, west ham united, AS roma, atletico Madrid, galatasaray, atletico independent and Dota2 world champion OG.

Chiliz has developed Socios.com sports fan interaction platform, which builds on Chiliz blockchain root initiatives and uses $CHZ as its only platform. Chiliz is the leading choice of blockchain support products and services for mainstream consumers. Alternative payment solutions for traditional products and so on. Chiliz offers blockchain-based things to sports and entertainment entities to help them engage audiences and monetize them.