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Cryptocurrency and the World Cup: How to Make Money?

Cryptocurrency and the World Cup: How to Make Money?

Cryptocurrencies are capturing new markets, and they constantly have new use cases. In this article, we will not talk about another decentralized payment system, let’s better talk about fun tokens. One of the most popular projects in this area is the Chiliz cryptocurrency.

The capitalization of the coin is $673 million, and as of this writing, the project ranks 51st in the global Coinmarketcap rating (late 2022). The tradу volume of CHZ USDT is more than 40 million USD per day. In this article, we will talk more about this unusual project and tell you where to buy cryptocurrency.

Some History

The first mention of the project appeared in 2018. Then the team created a company and managed to raise more than $66 million for its development. Now the Chiliz team has hundreds of people, and the company’s branches are based in many countries on different continents.

Allocation of tokens:

  • 20% – reserve
  • 15% – expenses for marketing
  • 15% – strategic acquisitions
  • 34,5% – venture investors
  • 7,5% – seed round investors
  • 5% – team
  • 3% – advisors

What is Chiliz Crypto?

So, Chiliz (CHZ) is a native token of the Socios platform, specializing in the emission and trading of fan tokens. This is a fairly influential company, as it has partnership agreements with dozens of famous clubs and teams from almost all sports. Through the Socios platform, sports teams have the ability to issue their own fan tokens. Lionel Messi himself is the official face of the Socios platform.

Where to Buy CHZ?

As mentioned above, this project is in the TOP-50 cryptocurrencies, so the CHZ token is far from being on one crypto exchange. If you want to buy cryptocurrency, feel free to do it on the WhiteBIT centralized exchange. This platform strictly follows the legislation of the European Union and has a high level of security. The CHZ to USDT cryptocurrency pair is quite popular, so there will be no liquidity problems for reading this pair.

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