Paris Saint Germain (PSG), a prominent soccer team, is undergoing several developments related to its
virtual token PSG Coin. The soccer team has partnered with
Matchain to launch an innovation studio designed to revolutionize sports technology. This makes PSG the first soccer team to validate a
blockchain. Matchain is working with PSG to bring
Web3 innovations to the global football community. Additionally,
Chiliz shared details about its partnership with PSG, while OKX makes a play in the $3.7bn sports coin market with a Chiliz Chain deal. Experiences within the team have been mixed, with
Neymar describing his time at PSG, alongside Lionel Messi, as 'living through hell'. Interestingly, Messi's lucrative contract includes a crypto payment deal, and the footballer's affiliation with PSG reportedly resulted in economic benefits exceeding £600 million for the soccer club. Furthermore, plans with
crypto.com and
Coinbase stand out, propelling PSG into the sports crypto wave. The soccer club, aided by Matchain, envisages transformative fan engagement powered by Web3 technology. The fan token market cap has witnessed a steep increase, driven by innovative crypto initiatives in the sports industry. The
PSG Coin, specifically, has seen a significant surge, with its value projected to increase further. Looking ahead, PSG has proven that a sports team's involvement in blockchain technology can revolutionize fan engagement as well as yield considerable financial returns.
PSG Coin News Analytics from Mon, 07 Apr 2014 07:00:00 GMT to Wed, 01 Jan 2025 19:19:20 GMT -
Rating 6
- Innovation 7
- Information 9
- Rumor 3
