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Crypto fan tokens are part of the deal

Lionel Messi, one of the most famous soccer players in the world and the second highest paid athlete, will receive cryptocurrency tokens as part of his new transfer agreement with the prestigious Paris Saint-Germain (PSG) soccer club.

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Socios.com explainsärt how the PSG fan token works.

PSG holt Messi

Messi is leaving Barcelona at the end of an era after having spent his entire professional career in the Spanish league that spanned 16 seasons.

The GOAT is now cementing its legacy on the blockchain after receiving pretty much every award a footballer can imagine, including a record six Ballon d’Or titles and 750 career goals, among many others.

Following the announcement of Messi’s move from FC Barcelona, ​​PSG announced that Messi has received PSG fan tokens as part of his two-year deal. This is the first time the club has paid with fan tokens under a significant agreement.

PSG fan token is intended to unite fans

The team’s fan token will help unite millions of fans around the world, according to PSG.

“The addition of ‘$ PSG Fan Tokens’ to the player package creates an immediate connection with the community of millions of fans worldwide. This strengthens the reputation of Paris Saint Germain as one of the most innovative and progressive sports brands in the world. ”

PSG was the first sports brand in history to use the fan token maker Socios.com collaborated to test blockchain integration with the team in 2018. PSG believes that fan tokens offer fans a unique way to interact with the club.

Fans can interact with PSG directly

PSG went on to explain how the PSG Fan-Token will help bring the fans closer to the team Players of the season vote for prices no matter where in the world they are. Fans will also receive tailored video messages from the club’s players via the platform … and many more surprises are planned for the next few weeks and months. “

Real Madrid, Juventus and AC Milan are just a few of the many teams (and sports) that have made agreements with Socios.

Conclusion

With his on-field income and off-stadium partnerships, Messi made more than $ 130 million in 2021, making him the second highest paid athlete in the world after UFC superstar Conor McGregor.

The excitement over the new player’s move to PSG made the team’s fan token skyrocket, with trading volume hitting $ 1.2 billion just days before Messi’s arrival. PSG’s price has more than doubled in the last week, recently hitting a high of $ 58.04.

PSG has a market capitalization of $ 120.4 million and a trading volume of $ 377 million in a 24 hour period. According to CoinGecko, PSG is currently trading at $ 44.90.

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