• This article compares two different approaches to the use of tokens in the sports industry: Chiliz and STEM.
• Chiliz creates fan tokens for sports teams, while STEM is an exchange of sports team statistics tokens, where the price depends on performance data.
• The choice between these two projects depends on user goals and preferences.
Overview
This article compares two different approaches to the use of tokens in the sports industry: Chiliz and STEM. Both projects have their unique features and benefits that should be considered when choosing between them.
Chiliz
Chiliz creates fan tokens for sports teams, the price of which is based solely on the market’s supply and demand. In other words, fan tokens of soccer clubs have a market value, which changes due to user interest and demand. They are classic crypto-assets that are associated with a particular club.
STEM
The STEM project is an exchange of sports team statistics tokens, where the price of tokens depends on the performance of the team’s games. This distinguishes STEM from Chiliz because the price of tokens is linked to open and understandable data, such as game statistics and match results, rating, and cost of club players. Users can analyze a team’s statistics and predict changes in its token price. Thus, STEM gives users more transparency and ability to make decisions based on objective factors by tracking essential metrics for each team.
Benefits
Chiliz allows fans to participate in some club decisions while STEM provides users with an opportunity to earn on success based on analysis of statistics & game results .
Conclusion
The choice between STEM and Chiliz depends on user goals & preferences – investors should study these projects independently & decide which one closer to them.