Chiliz, as the sole token used by Socios, provides sports and esports fans with the right to jointly manage teams, events, leagues, and more. We believe that by 2020, the landscape of the sports and eSports industry will not only be written by the most high-profile events, teams and leagues, but will also be dominated by those groups that can effectively activate and monetize fans, the “radical fan engagement” model.
Chiliz gives sports and e-sports fans the right to "joint control" in the form of voting to participate in team management and strategic decisions. Any league, team, and event can implement this model by applying blockchain. Fans can become opinion leaders of any competition project through Socios, a platform paid by Chiliz. In turn, various projects such as teams and leagues in the sports and e-sports fields can also achieve fan economy by giving fans certain decision-making power.
