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Chilliz

CHILLIZ CHZ, MOMENTUM RISING, STAY LONG STAY CHILL!See chart. Very nice green candle today, momentum rising, bull flag forming. Time for chilliz ? Chilliz is a very interesting token, it has gained the official support of several major footbal team around the world (e.g. AS ROMA, JUVENTUS, PSG, BARCELONA, etc) and will continue to get more sponsorship! The idea is to make official ETH type token to buy official goods, tickets from the official shops plus other stuff and perks that are still to be decided. It's a very niche project (sports) but very interesting nonetheless. www.chiliz.com Since I've been having several people asking, if you are new of cryptos you can buy all the coins available on Binance and Poloniex Exchanges with discounted comissions fee using my referral code: poloniex.com accounts.binance.com
BINANCE:CHZUSDLong
by Ankel-ssj
2
A currency that lets you influence you sports team decisionsThe world’s leading blockchain fintech provider for sports & entertainment Bridging consumers and sports brands through currency to elevate everyday experiences in entertainment, rewards, pre-sales etc. Socios.com allows every club that joins to generate a supply of fan tokens. This enables fans to vote on club matters such as jersey design,charities,Meet and greets and exclusive content. The AR feature allows tokens to be collected from anywhere in the world (kinda like Pokemon Go) - Fan tokens have a launch price but their value going forward in $CHZ is completely in the hands of market forces( Fan demand) - For example, FCB has as a total supply of 40,000,000 $BAR which is traded against $CHZ. - UFC : All fan token holders will be able to access UFC related offers and rewards, including tickets to UFC events or pre-sales access to tickets through this partnership - As a sports fan, the opportunity to engage with your idols is a very innovative concept. Great concept but as with everything, market will decide the success. - How does $CHZ get their value? Well, you can't get fan tokens without initially having $CHZ. So the more partners Chilliz sign up with, the greater the opportunity to expand - Burning mechanism : 20% of net trading fees from exchange will be burnt, 20% of net proceeds from NFT's will be burnt and 10% of net proceeds from Fan token offerings(FTO's) will be burnt Concerns, 1. Centralised for now but transparent transactions 2. Team holds a large share of tokens and could dump them on the market and reduce price but why would they? 3. Only 4.4Bn in circulation out of 8.8Bn. Future supply can have a downward pressure on price(inflation!). 20% in 2020 unlocked and 12% unlocked in 2021. 4. App has bugs (3.6/5 ratings) 5. Dilemma for fans. What if the coin 10X's and they value the coin more than their ability to vote on matters? 6. More teams, more chances of team dumping 7. Rank #98 crypto projects TA, - Long term trend in tact - Reduced volatility FA, - Partnerships with FC Barcelona, UFC, AS Roma, Juventus and PSG - network effects + First mover + Free marketing - Recent moves in sports betting stocks such as PENN, DKNG and PBH - Over 100k users. Brings in people from outside crypto. This is good for crypto overall. - Not talked about much -Strong management team - backed by esports celebrities such as Anomaly(2m+ subs) - Huge TAM for eSports - Growth in eSports, Poker, Twitch,Chess, Baseball, basketball, hockey and cricket. Small position size.
Long
by ashainp
CHZ/BTC 40% Up and still 50% more rooms for upward and exit plan#CHZ/ BTC Profit Update:- ( Exit plan) According to TA #CHZ looks Good and if you want to enter again then best entry zone would be 120-130 Satoshi My Entry was 95 Satoshi that time i told you to buy so i hope you also bought with me. Support:- 100/120 Satoshi Resistance:- 123 ✅ /147/183/215 Satoshi I will buy more at support level . and placing Buy bid between 110-120 Satoshi. I told you in last Post- Remember if #CHZ breakout 125 Satoshi upward then We can see 183 Satoshi also in short Term. So #CHZ broke out 125 Satoshi. So I also suggest you to sell when every big Spike so I am ready to sell above 180 Satoshi. Sell Target Within 5 Days. Please Click #LIKE Button and Appreciate my Hard work. and Must follow me for latest crypto updates. Thank you
Long
by CryptoPatel
9