What is the issuance price and issuance volume of ChiliZ coins?

The issuance price of ChiliZ ($CHZ) coins was $0.0181, and the issuance volume was a substantial 8,888,888,888 CHZ.

Nov 18, 2024 at 11:53 pm

What is the Issuance Price and Issuance Volume of ChiliZ Coins?

ChiliZ ($CHZ) is a digital currency that powers the Socios.com fan engagement platform. Socios.com allows sports fans to purchase fan tokens, which give them the opportunity to influence club decisions through voting and other interactive features.

Issuance Price and Volume

Issuance Price: $0.0181
Issuance Volume: 8,888,888,888 CHZ

Key Details

Issuance Date: January 15, 2019
Total Supply: 8,888,888,888 CHZ
Circulating Supply: 6,002,321,077 CHZ (as of March 8, 2023)
Platform: Ethereum blockchain

Issuance and Distribution

The issuance and distribution of ChiliZ coins is as follows:

Seed Round (15%): Sold to early investors at a price of $0.006
Private Sale (25%): Sold to institutional investors at a price of $0.012
Public Sale (60%): Sold to the general public at a price of $0.0181

The remaining 5% of CHZ tokens were allocated to the team and advisors.

Use Cases

ChiliZ coins are used for a variety of purposes within the Socios.com ecosystem, including:

Purchasing Fan Tokens: Users can use CHZ to purchase fan tokens for their favorite sports teams.
Voting: Fan token holders can use their tokens to vote on club decisions, such as new signings, kit designs, and stadium improvements.
Exclusive Rewards: CHZ holders can also receive exclusive rewards from their favorite teams, such as access to exclusive content, merchandise, and experiences.

Conclusion

ChiliZ ($CHZ) is a digital currency that powers the Socios.com fan engagement platform. CHZ coins are used for a variety of purposes within the Socios.com ecosystem, including purchasing fan tokens, voting on club decisions, and receiving exclusive rewards. The issuance price of CHZ was $0.0181, and the issuance volume was 8,888,888,888 CHZ.

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