PSG officially launches its fan tokens

Credit: Paris Saint-Germain

The $ PSG digital tokens allow supporters to influence some decisions taken by the soccer club Parisian.

Unveiled in fall 2018, the initiative follows a partnership between the Paris Saint Germain Football Club and the Maltese blockchain startup Socios.

Twenty million tokens yesterday $ PSG two euros per unit were put on the market. To acquire them, supporters must first buy Chiliz ($ CHZ), the native play of Socios, then exchange them for $ PSG.

According to Le Figaro, aficionados of the Parisian club will also be able to win some, without paying a cent, through “ token hunts »In Pokemon GO virtual reality.

Thanks to tokens, supporters will be able to influence certain cosmetic choices, like the appearance of the club bus or the changing rooms of the Princes Park. However, they will not be consulted on more important decisions like future ones. player transfers.

We are far from the FC Barcelona or Real Madrid model, where the socios have a real power of governance by electing the president of the club. The decisions taken are, for the moment in any case, anecdotal, ”explains Jérémie Bastien, lecturer in economics at the University of Reims.

according to Team, the agreement between PSG and Socios covers five years and will bring 2.5 million euros a year to the club.

The Fan Tokens of $ PSG are now on sale for a limited time! These allow you to vote in polls related to your club and compete for unique experiences.

Discover the first survey by downloading the application here: https://t.co/WK8glt7Nc4

– Paris Saint-Germain (@PSG_inside) January 28, 2020

Other major European football clubs, such as the Turin Juventus, AS Roma or Manchester City, will issue, or have already issued, fan tokens in partnership with Socios.