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Lionel Messi's Paris St. Germain Transfer Included Crypto Fan Tokens
Messi's signing-on fee for the French club included an undisclosed number of fan tokens provided by Socios.com.
Updated Sep 14, 2021, 1:39 p.m. Published Aug 12, 2021, 10:13 a.m.
Lionel Messi's transfer to Paris St. Germain (PSG) from FC Barcelona included a payment in crypto fan tokens.
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- The Argentinian soccer legend's signing-on fee for the French club included an undisclosed number of fan tokens provided by blockchain-based fan-token provider Socios.com.
- This week Messi left Barcelona, the club of which he had been part since the age of 13, to join PSG on a two-year deal worth nearly $75 million per season.
- PSG did not say how much of that the tokens represented, referring to it as a "large number."
- The French club is one of a large number of major soccer teams to have launched fan tokens through Socios.com, along with Barcelona, Juventus, Atletico Madrid and Manchester City.
- The tokens are designed to spur fan engagement by offering them voting rights on minor decisions in their clubs' operations.
Read more: Lionel Messi NFT Collection Set for Launch
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