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Paris Saint Germain Token: the end of Bitcoin?

By CryptoNews101 | CryptoNews101 | 14 Jun 2020

Paris Soccer Team Saint-Germain (PSG) and Socios Blockchain to ...

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Jacques-Henri Eyraud has just attended, blissful, the enthronement of the PSG Token on the reference site CoinMarketCap…

PSG Token enters the big league!

The token has been listed since yesterday on the platform freshly acquired by Changpeng Zhao, allias CZ, CEO of Binance. Paris Saint Germain Token occupies the 2,151st position within existing cryptocurrencies.


Despite an index of confidence deemed "low" by CoinMarketCap, the enthusiasm of PSG fans and speculators seems to be strong. With a daily volume of $ 718,315, it is exchanged today for the modest sum of $ 6.15 and aims to be a token limited to 20 million units.

The new competitor of Bitcoin?

Would the capital club enter a merciless fight against central banks and rampant inflation? Is the PSG token about to be used in Marseille bistros to ensure the anonymity of transactions?

The answer is still uncertain, but at first glance it seems that Qatar’s ambition is quite different. Indeed, “socios tokens” are used to involve fans more widely in club decisions.

token jetons PSG fan engagement

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During binding surveys conducted by management and made public via a smartphone application, token holders will be able to answer questions from the club and, perhaps, accelerate the transfer of Kurzawa after yet another defensive ball.

Football is also experiencing its revolution and will not escape the rise of cryptocurrencies. The possibility of involving fans more widely around the clubs' strategic decisions could lead to new systems of decentralized governance. Regarding the future monetary revolution, it will still be necessary to be patient!

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