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  • Writer's pictureBillions Luxury Portal

MESSI JOINS THE CRYPTO CLUB

Soccer star Lionel Messi who recently signed with French Club Paris Saint Germain has confirmed that part of his signing on fee includes some of the French club's cryptocurrency fan tokens..


While the total amount of his $30million welcome bonus that will be paid in cryptocurrency has not been announced officially, the club announced that it was a “significant” amount of the total bonus. As a result of this announcment the PSG fan token experienced a huge increase in its trading volumes.


The official fan token of the club trading volumes exceeded $1.2 billion in the days leading up to Messi's arrival.


The PSG fan token was launched in January 2020, as a part of the Socios.com token platform, and had an initial price of 2 euros at present the value sits at $33.15 (at the time of writing), rising significantly since its issuance. These tokens give holders some kind of decision power in some of the matters regarding the club.


In a new digital currency world many football clubs around the world are now looking to launch new avenues of gaining revenue with cryptocurrency the new chequebook.

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