Paris Saint-Germain launches its token for fans with Socios

by in Cryptocurrency News

Paris Saint-Germain crypto

The fan token of the Paris Saint-Germain top soccer team (PSG) is now available for sale on the Socios blockchain platform, the team announced this on January 28 on its Twitter account.

Related: Nike will issue its own tokens similar to CryptoKitties

As one of the first uses of the $PSG fan token, owners will vote for an inspirational message that will be printed on the captain’s armband, Thiago Silva, when the team enters the field.

According to a tandem announcement from Socios, the offer of tokens, or FTO, is now open on its website. Socios also offered an AR token search game for its own Chiliz CHZ tokens, which, once found, could later be used to purchase PSG fan tokens.

Fan tokens allow team supporters to vote for a number of mandatory and optional cosmetic decisions (choosing a club shirt color, stadium music, and the logo) and certain sports aspects (MVP, player of a match or a month, friendlies, summer tours, charity organizations, etc). PSG fans who take part in the survey will receive prize points. The more prize points a user receives, the greater the likelihood that he will win prizes such as unique products, VIP tickets or the opportunity to meet with players.

The press release noted that the partnership is part of the club’s broader blockchain technology integration strategy. The latter will improve the relationship with fans and increase the efficiency of business processes.