The Paris St. football team Germain has released a crypto token that allows fans to vote on a number of aspects of the club. PSG tokens will be available in a Pokemon Go style app called Partner and will give fans more leverage in club decisions.
The project is launched with the company Chiliz.net, a company based in Malta, which has developed the Socios application. This allows the 78 million fans of the PSG club to participate and vote on the decisions made by the team. The PSG token will allow team fans to decide things like where the friendly matches are played and the uniform design. This gives fans more involvement in team work.
PSG tokens
At the initial launch 20 million PSG chips will be issued and will be priced at GBP 1.69.
Paris Saint-Germain promoted the launch on Twitter:
“PSG FanToken are now on sale for a limited time! These allow you to vote on polls related to your club and compete for unique experiences. “
The Partner application is a game similar to Pokemon Go, but it is football-oriented, where supporters can find or buy tokens.
Other teams that Chiliz includes are Juventus Torino, Atletico Madrid, A.S. Rome, Galatasaray and West Ham United. They have their own tokens with roles similar to those for PSG.
Professional football is not the only sport that has started to introduce crypto tokens. The Sacramento Kings basketball team has also launched a crypto collection in partnership with Consensys, based on the Ethereum blockchain.
The Baseball League has released collectible cards with players, similar to CryptoKitties collectibles and also uses a smart contract based on Ethereum.
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