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Chiliz built the Socios.com sports fan engagement platform on the Chiliz blockchain infrastructure. It utilises chiliz crypto as the platform’s exclusive currency.
It aims to elevate the everyday experiences of the fans through entertainment, non-traditional payment methods for conventional products, and so on. Chiliz provides blockchain-based tools to assist sports and entertainment entities in engaging and monetising their audiences.
Alexandre Dreyfus is a seasoned entrepreneur who has worked in the gaming and sports sectors for years as the Founder and CEO of Chiliz and Socios.
Chiliz raised the entire required amount of over $66 million in 2018. So, they may not come out for a public issue. But, you can buy Chiliz on various crypto exchanges like CoinSwitch .
The Socios platform is built on top of two distinct blockchains: a sidechain that has been granted permission and Ethereum’s primary blockchain. Investors have raised the issue of centralisation because the permissioned sidechain is a private rather than a public chain, investors have raised the issue of centralisation.
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