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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Lionel Messi To Get Paid In Crypto For Joining Paris Saint Germain

Asad Gillani
Asad Gillani
3 years ago
2 mins read
Lionel Messi To Get Paid In Crypto for joining Paris Saint Germain

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The popular football Player Lionel Messi recently signed a contract with Paris Saint Germain. The contract, which will run for two years, comes with many tokens owned by PSG fans. The report we read discloses this arrangement between Lionel Messi and the French soccer club.

https://twitter.com/PSG_English/status/1425713665785831425

In a statement Paris Saint-Germain released, we learned that the tokens are a part of the welcome package or even a signing–on fee prepared for the footballer. According to PSG, the tokens come from Socios.com, a top sports fan token platform.

As for now, we’re yet to get the deal’s exact details since the club hasn’t made it public. PSG only revealed that Messi would get a large number of tokens. Messi was playing for the Spanish club Barcelona before this deal.

Related Reading | Coinbase Removes USD Coin (USDC)” Backed By Dollar” Statement

There is also a possibility for a third-year agreement for the player. Also, these tokens are estimated to be worth 25 to 30 million euros. With such a large number of tokens, Messi has now joined the crypto craze.

PSG Token Offering Perks To Hodlers

Many holders of the PSG tokens enjoy several benefits by holding the PSG token. One of the perks is that they can choose motivational messages on the walls of the dressing room. Also, they can vote on decisions that affect the club’s operations.

Lionel Messi To Get Paid In Crypto for joining Paris Saint Germain

The PSG records immense growth after the news of Lionel Messi Joining came into public | Source: PSG-USD on TradingView.com

For instance, token holders can decide who wins the awards for the end of the season through votes. In addition, they can also vote on the goals which the club will pursue for every season.

Related Reading | Vitalik Buterin Urges Ethereum To Grow Beyond DApps

Another commendable perk includes receiving personal video calls from the players. Also, the club has more perks outlined for token holders in the upcoming months.

Following the launch of the FSG token in 2019, many top European Teams have also launched fan tokens through Socios.com. This app enables users to trade and win Fan Tokens seamlessly. It is powering many club tokens presently and aims to support more in the future.

Some of the clubs using the app include AC Milan that started offering tokens with more promises of allowing users to earn VIP rewards, exclusive promotions, plus other unique offers.

PSG Token Thrives As Lionel Messi Joins The Club

For three months now, the price of PSG has increased three times more than what it was in May. The cause was the rumor that Lionel Messi will join the French soccer club. This news alone led to a 250% increase for the PSG token.

Featured image from Pixabay, chart from TradingView.com
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Asad Gillani
Asad Gillani

Asad Gillani

Asad is a freelance writer. He is interested in cryptocurrencies, technology, and in particular the subject of online security. An open supporter of freedom of speech, privacy, and equality for all. On a personal level, he likes to stay socially active, loves playing snooker, cricket, enjoys seafood and loves listening to folk music.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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