Paris Saint-Germain Fan Token (PSG) has become one of the most popular cryptocurrencies of Socios. The Paris Saint-Germain team, one of the biggest football clubs in the world, launched its own cryptocurrency in partnership with Socios, which attracted the attention of everyone, including the mainstream media, to the cryptocurrency sector.
Paris Saint-Germain Fan Token, as the name suggests, is the French team's own cryptocurrency. Released as an Ethereum-based ERC-20 standard crypto currency, PSG offers both investment opportunities and allows fans to benefit from different promotions.
PSG is running on a "side chain" on the Ethereum blockchain by the Socios platform. PSG is a kind of “utility token” used to access a particular product or service.
Thanks to the PSG tokens they own, fans can organize, select and have a say in the club's goal music, some of the football players' events and the club's schedules. In addition, some token holders are given the chance to participate in VIP events with promotions organized from period to period.