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Paris Saint-Germain Fan Token

Paris Saint-Germain Fan Token (PSG) is a token issued by the French football (soccer) club Paris Saint-Germain, designed to enrich fans’ interaction with the club. PSG coin was launched in early 2020.

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What Is Paris Saint-Germain Fan Token?

Paris Saint-Germain Fan Token (PSG) is a token issued by the French football (soccer) club Paris Saint-Germain, designed to enrich fans’ interaction with the club. PSG coin was launched in early 2020.

PSG Fan Token launch is a part of a growing movement supported by many sports clubs, which allows the holders of their tokens to vote in polls put out by the team, influence some decisions, get exclusive gifts, and have closer access to players, etc. Those tokens are usually offered through a specialized platform — Socios.com, on their blockchain called Chiliz. PSG coin was one of the pioneering tokens on the platform, which by August 2021 has more than 50 fan tokens listed. The club’s officials signed a multi-year partnership with Socios.com, which signals that PSG’s crypto involvement will probably continue for a while.

PSG tokens can be bought on major exchanges, like most of the crypto out there, but they can also be acquired through other means, unique to the fan token projects on Socios.com. Fans can hunt for the tokens by participating in games in the platform’s app or earn them as rewards for interacting with their team. Those mechanics incentivize fans’ engagement and bring some fun into the tokenomics.

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