Football Club Paris Saint-Germain will launch a token for fans

The French team is working on the launch of its own cryptocurrency as a way to encourage the participation of its fans around the world

The prestigious French professional football team Paris Saint-Germain (PSG) announced on Tuesday 11th September that it is working on the launch of its own cryptocurrency to encourage its fans around the world.

To achieve this ambitious initiative, they have partnered with the blockchain company, which will allow them to create the necessary token ecosystem.

According to the media, the team is analyzing as the deadline for the launch in the spring of 2019. By that time, they would begin issuing their tokens.

It was learned that the association with the blockchain company will allow the French club to launch a Fan Token Offering to give fans “access to Saint Germain brand club tokens that come with the right to vote and also they can confer VIP status and / or rewards to their holders. “

Fans will have the opportunity to vote for the color of the team uniform, stadium, most valuable player, summer league, charity line-ups, among other aspects.

Marc Armstrong, CEO of PSG, stressed that the club wants to take advantage of decentralized technology as a tool for business strategies and achieve a better approach with fans.


Source: Cointelegraph

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