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Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.
One of the most decorated clubs in Turkish football history, Trabzonspor have won 6 Süper Lig titles and finished runners-up last season. The Trabzon-based club have also won the Turkish Cup 9 times and the Turkish Super Cup 8 times.
Try our free Trabzonspor Fan Token (TRA) portfolio tracker if you want to efficiently keep track of your TRA and other coin/token investments.