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Chiliz

CHZ Shariah
$0.1157
-3.10% (24h)
Market Cap
$1.03B
Consensus
Proof of Authority
Screening
Q1 2022
Status
Shariah

Shariah Judgement

CHILIZ ecosystem act as football clubs fans token issuer and exchange platform provider to buy fan tokens. The holders are entitled to many rewards and benefits. There is no evidence they are involved in any betting activities.

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Detailed Screening Breakdown

Category Details Status
Legitimacy Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal" Passed
Project The project provides tokenization to sports clubs to create their own fan tokens. The ecosystem deployed its own exchange which contains many sports clubs token. The exchange is neutral, users are free to trade the tokens to make a profit. Passed
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token The token is used to buy fans tokens on the exchange. Passed
Staking Method No Staking Passed

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Official Reference

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