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Cryptocurrencies should also be part of Messi’s salary. Is this a big milestone?

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The world’s most famous footballer, Lionel Messi, changed his jersey for the first time in his professional career when, at the age of 34, after 21 years, he left the Spanish club FC Barcelona, ​​which was plagued by financial problems, to strengthen the French giant Paris St. Germain (PSG). From the point of view of cryptocurrencies, it is interesting in this report that part of his salary should include PSG fan tokens.

Lionel Messi agreed in Paris on a two – year contract that will bring him an annual salary of $ 35 million plus performance bonuses and club achievements. However, Reuters added that a small unspecified part of this contract will be paid to him in the form of PSG fan tokens.

Although the Argentine football phenomenon did not officially confirm this report, it has already provoked a heated debate about how this information will affect the future of fan tokens. These are cryptocurrencies that are traded similarly to other digital assets, but are released under the official banner of sports clubs.

Use of fan tokens

The PSG fan token was created in January 2020 in cooperation with Socisos, which specializes in creating such tokens and works closely on them directly with sports clubs. Owning this token allows fans to vote on some team issues. For example, in the case of PSG, it allowed the owners of these tokens to decide on the form and appearance of the captain’s armband.

The growing adoption of fan tokens is expected to grow in importance and use. Clubs can use them to vote on the future design of jerseys, the new logo, and it is certainly not possible to rule out future benefits that they will receive certain benefits – for example, if they want to get hard-to-reach tickets for an important match.

Price speculation according to club news?

The value of the PSG token began to rise significantly as speculation about Messi’s arrival began. While on August 3 (it was not yet known that Messi was leaving Barcelona) traded for about $ 22, the current price is $ 42 and on the day of official confirmation of Messi’s arrival in the Paris “Park of Princes” was up to $ 57.

From the above, it is clear that the price of the token was moved by news from real football events, which suggests that the price of similar fan tokens may be influenced by club results in the future in addition to their growing adoption, and news of new star reinforcements.

Platofrma socios, which in cooperation with PSG brought this fan token, is also behind the creation of fan tokens of Arsenal London, FC Barcelona, ​​Juventus Turin, Atletico Madrid, Manchester City, AC Milan and AS Roma clubs, while dozens of other clubs will join in for the foreseeable future.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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