The Ligue 1 giants are offering one of the most popular football tokens in the cryptocurrency market.
As more European clubs start investing in digital assets, football fan tokens become increasingly popular in the market. Paris Saint-Germain are among the pioneers of introducing club-specific tokens to their fan base.
Let’s find out more about PSG’s popular fan token!
What is PSG fan token?
Fan tokens are cryptocurrencies that permit their holders to access a variety of different fan-related perks. The nature of these privileges varies with clubs.
Paris Saint-Germain fan token (PSG) gives the fans a tokenized share of influence on club decisions.
Token holders will also have VIP access to all home league, cup and European matches. ‘Receiving a signed memorabilia’, ‘watching a match with a club legend’, and ‘flying with the team to an away match’ are other perks promised to fans who buy the PSG fan token.
How much should I pay to buy PSG?
By the time of writing, PSG is priced at $13.9. The token went from $12.6 to $15.8 last month in the span of only 12 days, providing its owners with a chance to gain 25% profit from the market.
However, a general downtrend in the crypto market has prevented PSG from continuing its rise in the past two weeks. Let’s see if the token can reclaim its four-month high of $19.9 in its next rally.
How much is PSG’s market cap?
Based on data from Coinmarketcap, PSG has the third-highest market cap among all of the football fan tokens.
With a market cap of $43.34M, only Porto and Manchester City have larger shares of the fan-token market than PSG.
| # | Club | Token Name | Market Cap |
| 1 | Manchester City | CITY | $53.95M |
| 2 | Porto | PORTO | $43.42M |
| 3 | Paris Saint-Germain | PSG | $43.34M |
| 4 | Lazio | LAZIO | $35.62M |
| 5 | Barcelona | BAR | $29.68M |
Where can I buy PSG?
Similar to other cryptocurrencies, users can exchange fan tokens on trading platforms. Each coin has a specific value that changes based on its supply and demand.
BAR is one of the fan tokens located on the Chiliz (CHZ) blockchain. This means you must purchase CHZ via a crypto exchange in order to get your Barcelona fan tokens.
You can find CHZ on these platforms:
What other clubs have Fan Tokens?
Socios have launched over 50 fan tokens on the CHZ blockchain. Their list includes a variety of different clubs, from elite European teams such as Manchester City and Barcelona to smaller clubs like Dinamo Zagreb and Galatasaray.
Binance has focused more on Formula 1 and other sports. However, their Lazio and Porto coins are already frontrunners in the fan-token market.
Based on data from Coinmarketcap, the Alpine F1 Team coin is the fan token with the highest market cap. Paris Saint-Germain, Manchester City, Lazio, Porto, and Barcelona fan tokens closely follow the Formula 1 team.
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