Messi’s transfer disturbed the currency circle, this virtual currency was blasted for nearly 20 billion in seven days

The transfer of the Argentine star Lionel Messi actually linked up with the currency circle.

According to the contract details disclosed by the Paris Saint-Germain Club, Messi’s annual salary at the club is 41 million U.S. dollars, part of which will be paid in the cryptocurrency “$PSG Fan Tokens”.

Affected by the news, Paris Saint-Germain’s cryptocurrency “$PSG Fan Tokens” has been increasing in turnover in the past few days. The average daily transaction volume in the last week has been RMB 1 billion (the same below, except for special notes) Above, the unit price rose from 140 yuan in early August to 371 yuan, and fell to 273.99 yuan as of press time, a single-day increase of 9.83%, and a single-day turnover exceeded 1 billion yuan.

Messi's transfer disturbed the currency circle, this virtual currency was blasted for nearly 20 billion in seven days

Close to RMB 20 billion was traded in two weeks

According to the quotations of the cryptocurrency price tracking website CoinMarketCap, “$PSG Fan Tokens” reported 273.99 yuan as of press time, with a 24-hour maximum price of 304.29 yuan, and its current market value is 796 million yuan.

It is worth mentioning that, affected by the recent news about Messi’s transfer, the currency’s price has soared in trading volume in the past week, with a single-day trading volume exceeding 3 billion yuan on four trading days and nearly 20 billion yuan in trading volume in the past week.

Messi's transfer disturbed the currency circle, this virtual currency was blasted for nearly 20 billion in seven days

The reporter learned that the supply of the currency is 20 million, and the initial price of each currency is 2 euros.

What coin is “$PSG Fan Tokens”?

It is understood that the cryptocurrency is provided by the token provider Socios.com, but the original intention of the token is only for entertainment purposes, not for financial investment. According to the official website of Paris Saint-Germain, the cooperation between the two parties began in 2018 and has achieved good results so far.

Messi's transfer disturbed the currency circle, this virtual currency was blasted for nearly 20 billion in seven days

The official website of Paris Saint-Germain shows that the fan tokens launched by the cryptocurrency dealer in cooperation with the sports club can give fans a certain say in the club’s decision-making process. Through the purchase and use of tokens, fans can customize the cheering slogans in the players’ locker rooms, vote for the best goals of the season and the player awards at the end of the season, and so on. In addition, fans can also connect with the stars through the platform.

Marc Armstrong, Chief Partnership Officer of Paris Saint-Germain, said: “Accepting Socios.com and $PSG tokens has proven to be a huge success for the club. We are now able to interact with fans around the world and be in it. Created a considerable source of digital revenue.”

Sports circles have stepped into virtual currencies

In fact, it is not new for football clubs to test virtual currencies. In addition to Paris Saint-Germain, the football clubs cooperating with the token provider also include the Premier League’s Manchester City, Arsenal, Spain’s Barcelona, ​​Atletico Madrid, Italy’s Roma, Juventus and other top clubs.

Messi's transfer disturbed the currency circle, this virtual currency was blasted for nearly 20 billion in seven days

The latest quotations on the CoinMarketCap website show that the Barcelona token price is 160 yuan, the Juventus token is 93 yuan, the Manchester City token is 153 yuan, and the Atletico Madrid token is 133 yuan.

Messi's transfer disturbed the currency circle, this virtual currency was blasted for nearly 20 billion in seven days

But it should be pointed out that not all clubs and fans support the use of virtual currency. Fans of the Premier League team Aston Villa and West Ham United have publicly opposed the club’s launch of “fan tokens”, believing that this is an attempt by the club to make money from fan interaction.

In addition to the football field, the basketball field also has a precedent for the use of virtual currency. The owner of the NBA Dallas Mavericks team announced in 2018 that the team will accept virtual currencies such as Bitcoin and Ethereum to purchase tickets from 2019.

According to the content displayed on the Socios.com official website, the sports projects that cooperate with the company also include motorcycles, cricket, basketball, boxing and e-sports. In the future, the company also plans to continue to expand cooperation with sports clubs.

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/messis-transfer-disturbed-the-currency-circle-this-virtual-currency-was-blasted-for-nearly-20-billion-in-seven-days/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

Leave a Reply