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What currency is gal?
GAL is a fan token on the Chiliz platform. Each fan token represents a team and gives the holder various rights. ChiliZ hopes to change the e-sports industry and let fans engage in e-sports. The purpose is to make the ChiliZ platform a place for fans to interact with the game and influence the game as much as possible. Followers of the voting team will make strategic decisions and become part of the real game. ICO makes fans become e-sports cooperatives-managers of any competitive entity will be promoted by their own voting platform. At the same time, teams, alliances and activities will be able to monetize these voting rights through the needs of fans.

In view of the huge sports and e-sports market, Chiliz has built a collective management platform for several top teams, leagues, events and games in vertical fields, which provides convenience for billions of sports and e-sports fans around the world, and gives fans the power to make decisions in their favorite clubs through exclusive tokens.

Specifically, through its platform at the bottom of the blockchain, Chiliz has launched an application Socios specifically for sports fans and a local pass CHZ, GAL coin to make its fan tokens and provide a platform for fans to directly contact the club. On the Chiliz platform, fans can buy CHZ, the native pass of the platform, and then use it to buy fan tokens of a club they like, make voting decisions on club affairs, and even directly participate in management or communicate with players.

The fan tokens of the Chiliz platform belong to equity certificates, and all fan tokens can be cast through the Chiliz blockchain. The platform distributed fans' tokens of several luxury clubs, including Barcelona, Paris Saint-Germain, Atletico Madrid, Juventus, Football Club Rome, Galatasaray, Atletico Independencia Argentina, UFC and OG, the only two-time Dota2 world champion. These teams have millions of fans, and giants such as Juventus, Paris Saint-Germain and Galatasaray even have more than 65,438+fans around the world.

These tokens issued by the club are proof for fans to participate in voting, and fans who hold tokens can also enjoy exclusive rewards, including discounts on purchases around the club, communication with other fans, participation in in-app games and so on. Chiliz gives fans the right to interact with the club and participate in management affairs through fan tokens, which is a very innovative exploration-it allows fans to directly link to the club and use blockchain technology in an interactive and interesting way, without any threshold, except Chiliz, which may become the second killer application to go mainstream.