Chiliz (CHZ) is a cryptocurrency with a fixed total supply, and as of September 2023, the circulating supply stands at a little over 7.4 billion. Let's break down the token allocation from the CHZ max supply:Private Placement At launch, a little over 3 billion CHZ tokens were issued during the Private Placement. This initial distribution likely involved private investors and early supporters of the project.Chiliz Team and Early Investors More than 1.11 billion tokens were issued to the Chiliz team and early investors. This allocation rewards those who contributed to the development and growth of the Chiliz ecosystem.Chiliz Advisory Board The Chiliz Advisory Board was allocated 266,666,666 tokens. This board likely consists of individuals with expertise in cryptocurrency and blockchain, providing strategic guidance.User Base Reserves 1.77 billion CHZ tokens were set aside as the user base reserve. This reserve could serve various purposes related to user incentives and platform development.Marketing Operations 1.33 billion tokens were allotted for the project’s marketing operations. This allocation is crucial for promoting Chiliz and Socios.com to a broader audience and driving adoption.Strategic Acquisitions Another 1.33 billion tokens were earmarked for strategic acquisitions. This allocation allows Chiliz to explore partnerships and acquisitions that align with its long-term goals.