Base Layer

Base Layer Episode 159: Alex Dreyfus, CEO of Socios & Chiliz on giving sports fans a way to participate in their favorite teams like never before

07.29.2020 - By David Nage | BlockWorks GroupPlay

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Alex joins me on Base Layer for an amazing episode discussing Socios and Chiliz; Socios.com, powered by chiliZ ($CHZ), is a Fintech Platform for Fan Engagement & Fan Monetization of Sports teams. It is a Consumer-Facing product using blockchain technology. They have announced some major teams that have already announced partnerships: FC Barcelona, Paris Saint-Germain, Juventus, West Ham, AS Roma, Atletico Madrid. We learn about Fan Token and what it enable fans to do such as voting on team jerseys, intro music and much more. We learn about some of the technology behind this and the relationship between Socios and CHZ; "Socios.com is powered by the Chiliz token ($CHZ), both an ERC20 utility token on the Ethereum blockchain and BEP-2 token on Binance Chain. Fan Tokens are specific to a team or a club, and are a finite, digital asset that provides access to an encrypted, immutable ledger of voting and membership rights ownership. Lastly we discuss something I think could be massive: Proof of Immunity; using this platform with a fans COVID-19 test to allow them entry into stadiums. MUST LISTEN.

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