MATCHAIN has formed a partnership with
Paris Saint-Germain to bolster
Web3 innovations in the global football community. Following an unexpected victory over Barcelona, the
PSG Fan Token experienced a significant
25% increase in its value. Similar trends have been observed in other popular sports coins, notably that of Arsenal. Through a strategic partnership with Socios, PSG aims to dramatically increase fan engagement. Furthermore, the football giant has become the first organization of its kind to validate a blockchain, marking a significant step in its Web3 drive. However, there have been concerns about the future of the PSG coin's value, especially as the hype around fan tokens fades.
Chiliz blockchain has received validation from EDF, a French energy giant's subsidiary. Excitingly,
Lionel Messi's compensation for his transfer to PSG was partially done in fan tokens, marking a significant milestone for cryptocurrency in sports. Conversely, Neymar expressed dissatisfaction about his experience at PSG, terming it as having 'lived through hell.' PSG's partnership with Crypto.com added another layer of crypto involvement in the club's operations, further boosting the PSG token's relevance in the cryptocurrency market. The undying memecoin craze, ignited by the GameStop surge, may pose a challenge to PSG's fan token growth. Despite everything, PSG's crypto involvement, particularly through its tokens, proves to be a smart business decision - it allegedly generated
£600MILLION for PSG during Messi's first season.
PSG Coin News Analytics from Mon, 02 May 2005 07:00:00 GMT to Thu, 24 Oct 2024 09:02:55 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 0
