Hey Mates!
Coinbase has just enunciated a new coin on its list called Chiliz CHZ. You can earn $3 CHZ doing their learn-earn program. Go to your coinbase account and under the "earn and learn" section you can find the airdrop. The dynamic is as always. Short animations and a question about. Nothing difficult. If you fail you can try it as many times. So at the end you will have the $3 CHZ in your wallet.
What is Chiliz?
A blockchain for sports and entertainment, to support your teams.
How does Chiliz work?
There are an app called socios.com where the Chiliz token lives. This app is available for the main two platforms ios and android. So you can download it now. This app allows you support to your favorite football team. How? buying FAN tokens of your supported team. And here is where CHZ starts playing in. FAN tokens are bought using CHZ. So the main thing you have to do is to buy CHZ tokens in this app and collect them in your app wallet. When you have bought CHZ, you have to select your team and after that you can buy as many FAN tokens as you want.
Fan tokens!
The FAN tokens has a different cost for every team, and every FAN token has its own value. The price of every FAN token can rise or drop down depending of the market. As a typical example is the PSG FAN token. The PSG FAN token increased its value when Messi was included as a member of the PSG team. But the PSG FAN token can decreased its value if they don't win a match for instance, or the opposite, who knows. You know that the price of a token is depending the supply/offer of the tokens on the market. If the people sells the token the price go down, if the people buys the token the price go up...
socios.com app, lets go to play!
Here is an screenshot of several windows of the socios app.
- buy CHZ
- market, buy FAN TOKENS
- vote to your team: custom polls or surveys
- predict or forecast a match result of your team
- select your team
- trading your FAN TOKENS
Conclusions
Chiliz token is one of the first tokens that have a clear purpose, at least for me. There are a lot of tokens, but sometimes you can't understand the project or the main goal of the token, the ideas behind are really fuzzy. Here is really clear, it's a token to support to your teams. I hope this article helps to understand it better!
Regards!
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