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Lionel Messi has signed a two-year contract with Paris Saint-Germain. The undisclosed deal is said to include a "large number" of PSG fan tokens.
According to the report from Reuters, as part of the signing bonus for a two-year contract with French soccer club Paris Saint-Germain, Lionel Messi will receive a "large number" of the club's PSG fan tokens.
The PSG tokens are part of Messi's "welcome package." or signing-on fee, which media reports have estimated at 25-30 million euros ($29-35 million) and have been provided by Socios.com, the leading sports fan token platform but the proportion of the tokens not disclose. said Paris Saint-Germain in a Statement.
Benefit of Fan token
The PSG tokens give fans access to several perks, including choosing a motivational message on the dressing room wall before games and voting on key club decisions such as the goal of the season or the winners of the club's end-of-season awards.
Also, the PSG fans that hold the token have experienced unique, personal video calls from the team's players, with even more exciting benefits planned in the coming weeks and months.
Many other European soccer teams have launched their fan tokens via Socios.com since it launched in 2019, such as AC Milan which became the latest team to offer tokens, promising access to VIP rewards, promotions, and other unique experiences for tokens holders.
Fan tokens are not special crypto it also shares in common with other cryptocurrencies a tendency for wild price swings and can be traded on an exchange.
According to PSG, there had been a high volume of trading in its fan tokens after reports of Messi's move to the club emerged which makes the trading volumes exceeded $1.2
PSG's fan token soared to an all-time high of over $60 on Tuesday moved over 130% in just five days amid the speculation over Messi's arrival.
Alexandre Dreyfus, the CEO of Socios.com said PSG was benefitting from its token and other clubs could imitate its deal with Messi.
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