Q2. What’s the Business Model for CHZ?
Alex: Oh, I like this question. Because I really wonder how many blockchain companies have a business model actually. We are lucky we have one. We are a transactional platform. In a way, we are an exchange/marketplace, where fans/users are trading their teams tokens (voting, power and more). So like any exchange or marketplace, we take a commission between users. So when a user buy a $JUV during the Fan Token Offering (FTO) - that is happening now - we take a commission, which becomes our revenue. When a user buy/sell/trade $JUV against $CHZ to another fan (end of Q1), we take a commission too. So technically, the more users, the less $CHZ. That's why we are signing more and more teams, content, IPs, etc ... it is to reach a global mass scale of users using $CHZ.
Q4. 1) When will socios start trading? 2) Will the token hunt for other fans token hunt? 3) Are you planning to make a deal with other Turkish teams?
Alex: 1/ Probably when the Socios.com platform will allow trading of $JUV and the 6/7/8/10 or more teams we will have on the ecosystem. It's planned end of Q1, once all the Fan Token Offering will have started. Launching it today, wouldn't make any sense, need to have few pairs available.
2/ yes, Token Hunt (our PokemonGO AR airdrop kind of stuff) will be available for PSG, Atletico Madrid, and all our teams. Actually, we are working on some very cool partnerships with retail brands (sportswear, telecom, etc...) that are sponsors of the teams and want to use this to send traffic to their shops.
3/ Oh yes.
Q7. Can you elaborate more on the transaction fees on your platform
Alex: I guess you refer to the fact that we take fees, when you buy CHZ or JUV or whatever. Well, yes, we need to pay our employees, so we need to make revenue, so we need to take fees. Like crypto.com (I guess) or binance.com or like any marketplace.
Q8. How will you attract sports teams to join the Chiliz Platform?
Alex: I will tease you on this one. it is not WILL, but "how DID you attract sports team to join the CHZ platform". So, for now we disclosed already 7 teams. Not one, but 7 top tier teams who have between 5m fans to 100m+ fans. For them, it is a way to engage with their fans globally, because Juventus or PSG, the problem they are facing is they know how to talk to their fans in the stadium or on twitter, but they have difficulty to engage more and give a real status to their fans in Asia for example.
How do you define a fan in 2020 ? someone who is in the stadium (that's unfair), someone who has a jersey (fake, real, ...), someone who follows twitter ? someone who just watch TV ? What is a fan. Clubs are trying to solve this equation. What we are truying to do with them, is by creating fan tokens, it gives a "recognition", sort of official status of a fan or superfan (Socios).
If you own one token or more, you are an official fan - even if you are not in the stadium. It creates a link between club/fans.
So to answer your question, clubs we are talking to are sharing our vision and actually want to embrace it + develop it to help THEM connecting with THEIR fans, using OUR technology and $CHZ. Now that we have 7 announced teams already, we will announce soon:
- latin american team
- new sports
- asian teams
- more esports teams (CS:GO, LOL, PUBG, ...)
we have a partnership team of 4 full-time people, that are talking to 50+ teams all over the world. Myself, I'm taking care of couple of BIG babies who have 200m+ fans. Eventually we ahve the first mover advantage, the more teams we sign, the more teams want to be part of it. And like liquidity, we have $ + product + users + teams + roadmap. It would be very difficult to compete with our offer, at this stage. We have so many features we want to launch, that will help and enhance the fan experience > clubs. Clubs loves it.
https://blog.crypto.com/recap-of-live-a ... e-dreyfus/
Live Q1. Can club do the poll everyday or anytime they want in socios app?
Alex: We are a platform, like Facebook or Twitter or Ebay. Clubs can ask as many questions their want to their fans, now realistically in order to have meaningful questions and suspense/FOMO around it, it should be between 6 to 8 binding per seasons and more non-binding. There is one club that wants to do it every week actually, to really connect with their fan base.