What is Paris Saint-Germain Fan Token? Paris Saint-Germain Fan Token is a utility token for fans officially issued by the Paris Saint-Germain football team. So what’s special about Paris Saint-Germain Fan Token? Let’s find out with Weakhand in this article.
To better understand Paris Saint-Germain Fan Token, people can refer to some of the articles below:
- What is Chiliz (CHZ)? Chiliz Cryptocurrency Overview
- What is Santos FC Fan Token (SANTOS)? Santos FC Fan Token Cryptocurrency Overview
Overview of Paris Saint-Germain Fan Token
What is Paris Saint-Germain Fan Token?
Paris Saint-Germain Fan Token is a utility token for fans of FC Paris Saint-Germain club launched on December 21, 2020 on the Binance Launchpool platform and currently operating on the Chiliz Chain network.
What is Paris Saint-Germain Fan Token?
FC Paris Saint-Germain is a football team based in Paris, France. The team is quite young compared to other teams when it was founded in 1970. However, with rapid development and behind the Qatari owners, the team is currently considered the strongest in the country. France. It is shown through a number of proud achievements such as winning Ligue 1 11 times and becoming runner-up once in the UEFA Champions League.
Operating mechanism of Paris Saint-Germain Fan Token
Paris Saint-Germain Fan Token is a collaboration between Paris Saint-Germain football club and Socios to separately issue the team’s token, to bring many convenient experiences to fans. The project was first launched on Binance Launchpool, the team token holders have the following perks:
- Participate in voting and voting on major team decisions through the Socios application and service.
- Token holders have access to fan rewards, digital collectibles, and loyalty points.
- Get cashback offers from official online stores.
- CHZ rewards in the app.
- Token holders have the opportunity to receive promotions on tickets to the club’s matches, meet real-life members and get members’ autographs.
- Exclusive digital badges and NFTs of Paris Saint-Germain by staking future PSG tokens.
Core Team
Paris Saint-Germain Fan Token was issued by the owner of the Paris Saint-Germain football team and the Socios platform. The current president of the club is Mr. Nasser Al-Khelaifi. Behind the Socios platform is Chiliz CEO, Mr. Alexandre Dreyfus:
- He is a website serial entrepreneur with over 22 years of experience in the digital field, building and developing technology businesses. In the late 1990s, he pioneered the field of web-based, interactive tools and web-based instructions, before completing an acquisition with retail giant Carrefour and subsequent merger with another service provider. competitor’s services and sell them to Yelp.
- In 2006, he co-founded Winamax (France’s largest online poker room) and later this technology platform was sold to Bally Technologies (now Scientific Games).
- In 2013, he acquired Global Poker Index (the leading rating agency of live Poker) as well as The Hendon Mob (the world’s largest live poker database).
- To drive blockchain innovation in Malta, he also established the Chiliz Blockchain Campus – an accelerator and industry hub connecting some of the industry’s largest stakeholders across Asia and Europe, along with local businesses. Other emerging blockchain cores.
Tokenomics
Basic information about PSG tokens
- Token name: Paris Saint-Germain Fan Token
- Ticker: PSG
- Blockchain: Chiliz Chain
- Total Supply: 20,000,000 PSG
- Contract: 0x6fc212cdE3b420733A88496CbdbB15d85beAb1Ca
Token Allocation
PSG has a total token supply of 20,000,000, of which approximately 1,288,396 have been distributed to the club’s fans via the Fan Token Offering. The remaining tokens are held by Paris Saint-Germain and can be purchased by participating in community activities and Binance Launchpool, as well as directly on exchanges.
- Team: 92.6%
- User Fund: 6.5%
- Binance Launchpool: 0.9%
Token Release
The PSG tokens held by Paris Saint-Germain have a linear monthly vesting schedule of 8 years, where 2,500,000 PSG tokens are issued each year, starting June 2020.
Exchanges
Exchanges listing PSG tokens include: Binance, HTX, Bybit, Gate.io, MEXC…
Information Channel of Paris Saint-Germain Fan Token
- Website: https://www.socios.com/paris-saint-germain/
- Twitter: https://twitter.com/socios
- Telegram: https://t.me/chiliztrade
- Reddit:
Summary
Paris Saint-Germain is the top football team in France, where GOATs have been, typically Messi or Neymar, or now Mbappé. These are all highly influential figures with a huge fan base. Therefore, holding some PSG and holding some preferential privileges is obvious. In addition, with financial potential and leading partners such as Binance or Socios in this Blockchain technology industry. Promising that the future of Paris Saint-Germain Fan Token will have more developments.
