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French Soccer Team to Launch its Own Crypto

On Tuesday, PSG launched a partnership with Socios, a Malta-based blockchain startup hat will implement blockchain Fan Token Offering.

It is deliberate that the PSG begins issuing its proprietary tokens the next 12 months spring, turning into most likely certainly one of many first soccer golf tools worldwide.

PSG’s coin is aimed to allow followers who keep the token to have the chance to vote for and decide on a lot much less strategic points, akin to group jersey alternatives or opponents in nice matches, in accordance to the report.

Token holders will get entry to distinctive affords akin to collaborating in certain matches and meeting with players.

“Paris Saint-Germain is determined to leverage the opportunities that cryptocurrency can provide. This revolutionary technology will have an important impact on the club’s overall business strategy and the way we engage with our fanbase,” PSG’s chief partnership officer Marc Armstrong talked about.

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