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Crypto Adoption: World’s Second-Highest Paid Sports Star To Receive Tokens in Transfer Deal | The Daily Hodl

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World-renowned soccer star Lionel Messi is receiving cryptocurrency as a part of his new switch take care of the highly-decorated Paris Saint-Germain (PSG) soccer staff.

Wrapping up an period, Messi is leaving Barcelona after taking part in with the Spanish league for his total skilled profession, spanning 16 consecutive seasons.


After racking up nearly each accolade a soccer participant may think about, together with a document six Ballon d’Or awards, 750 profession targets, amongst many others, Messi is cementing his legacy on the blockchain. 

Following the announcement of Messi’s switch from Barcelona, PSG highlighted that Messi was awarded PSG fan tokens as a part of his two-year signing contract. This marks the staff’s first time paying with fan tokens as half of a giant negotiation.

According to PSG, the staff’s fan token will assist to unite hundreds of thousands of followers all over the world.

“The integration of ‘$PSG Fan Tokens’ into the player package creates an immediate connection with the community of millions of supporters around the world. This initiative further positions Paris Saint-Germain as one of the most innovative and avant-garde sports brands in the world.”

In 2018, PSG was the primary sports activities model in historical past to associate with fan token creator to discover blockchain integration with the staff. PSG believes that fan tokens will present a novel alternative for followers to work together with PSG.

“Thanks to $PSG Fan Tokens, wherever they are in the world, they can choose the message displayed on the locker room wall to motivate players before a decisive match, vote for the Goal of the season, or even designate the end-of-season prize winners. Via the platform, supporters also received unique and personalized video messages from the club’s players… and many more surprises are planned for the weeks and months to come.”

Between Messi’s on-the-field pay and out of doors partnership offers, the soccer star has raked in greater than $130,000,000 in 2021, making him the second-highest paid athlete in the world, simply falling in need of blended martial arts celebrity Conor McGregor.

The enthusiasm of recent gamers becoming a member of PSG despatched the staff’s fan token hovering, with buying and selling volumes exceeding $1.2 billion simply days earlier than the announcement of Messi’s arrival. In the previous week, $PSG greater than doubled in worth, topping out at a latest excessive of $58.04.

PSG has a market cap of $120.4 million and a 24-hour buying and selling quantity of $377 million. At time of writing, PSG is buying and selling at $44.90, in response to CoinGecko.

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(This story has not been edited by CryptoNFT | Latest News Live and is revealed from a syndicated feed.)

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