Proof of Work

Cryptocurrency

Base Ecosystem

ERC-404

Ethereum Mainnet

Binance Smart Chain Mainnet

Avalanche C-Chain

Fantom Opera

Polygon Mainnet

Cronos Mainnet Beta

Arbitrum One

Klaytn Mainnet Cypress

Harmony Mainnet Shard 0

Metis Andromeda Mainnet

Huobi ECO Chain Mainnet

Aurora Mainnet

Celo Mainnet

Optimism

Gnosis Chain (formerly xDai)

Theta Mainnet

Moonriver

Emerald Paratime Mainnet

Fusion Mainnet

Telos EVM Mainnet

RSK Mainnet

Moonbeam

IoTeX Network Mainnet

OKExChain Mainnet

Boba Network

Wanchain

KCC Mainnet

Velas EVM Mainnet

Smart Bitcoin Cash

Songbird Canary-Network

CoinEx Smart Chain Mainnet

Fuse Mainnet

Shiden

Elastos Smart Chain

Callisto Mainnet

ThunderCore Mainnet

Meter Mainnet

TomoChain

Energy Web Chain

Syscoin Mainnet

Ubiq

Polis Mainnet

Zyx Mainnet

High Performance Blockchain

GoChain

Palm

Expanse Network

ThaiChain

Metadium Mainnet

Flare Mainnet

Diode Prenet

ThaiChain 2.0 ThaiFi

ELA-DID-Sidechain Mainnet

Dithereum Mainnet

ShibaChain

Genesis L1

GoodData Mainnet

TBWG Chain

Valorbit

Darwinia Crab Network

XinFin Network Mainnet

Ontology Mainnet

EOS Mainnet

Ethereum Classic Mainnet

Ellaism

SoterOne Mainnet

IDChain Mainnet

POA Network Sokol

PrimusChain mainnet

GeneChain

GateChain Mainnet

Nova Network

Garizon Stage0

Garizon Stage1

Garizon Stage2

Garizon Stage3

NEXT Smart Chain

POA Network Core

EtherInc

EtherLite Chain

Fuse Sparknet

Decentralized Web Mainnet

OYchain Mainnet

Factory 127 Mainnet

DAX CHAIN

Lightstreams Mainnet

Seele Mainnet

BMC Mainnet

BitTorrent Chain Mainnet

Arbitrum on xDai

Freight Trust Network

Permission

Setheum

SUR Blockchain Network

Web3Q Mainnet

PulseChain Mainnet

Lisinski

Rupaya

Double-A Chain Mainnet

# Understanding the Paris Saint-Germain Fan Token ($PSG)

The Paris Saint-Germain Fan Token ($PSG) is a fascinating embodiment of this evolution, offering fans of the prestigious Paris Saint-Germain football club an opportunity to play a more interactive role with the team. The token allows supporters to engage in activities and decision-making processes that were previously beyond their reach.

## The Mechanics of $PSG Fan Token

The $PSG Fan Token operates on a platform called Socios, utilizing the [Chiliz Network](https://coinrotator.app/coin/chiliz) – a proof-of-authority sidechain built on Ethereum. This innovation came to life in 2020 and marked Paris Saint-Germain as the first sports franchise to partner with Socios. The Chiliz blockchain powers the ecosystem, with Chiliz (CHZ) being the primary currency involved in acquiring PSG tokens through crypto exchanges. These tokens are fungible, making them exchangeable for merchandise, experiences, and more, unlike non-fungible tokens (NFTs) which are unique digital assets.

The system caps the total supply of $PSG tokens to ensure rarity and value, setting a limit at 20,000,000 tokens to be released gradually over eight years. This scarcity adds an allure to the tokens, making them a sought-after commodity among fans and collectors. Beyond mere collectibles, the PSG fan tokens unlock a realm of possibilities for token holders, from voting rights on club decisions to access to VIP experiences and official merchandise.

## Unique Aspects of $PSG Fan Tokens

**Fan tokens are more than just digital assets; they represent a stake in the club’s decision-making processes.** Holders of $PSG tokens are not just passive supporters but active participants in the club's journey. They have the power to influence decisions such as the messages on the Captains' Armband, voting for the Goal of the Year, and selecting special edition designs, among others. This level of interaction fosters a deeper connection between the club and its global fanbase, transcending geographical barriers.

The token's value is inherently tied to the club's activities and the fans' valuation of participation rights. Significant club events, such as player signings, can influence the token's market performance. The arrival of Lionel Messi at Paris Saint-Germain, for example, sparked considerable buzz and increased attention towards $PSG tokens, showcasing how sports milestones can impact fan token dynamics.

## The Ripple Effect of Sports Fan Tokenization 

The introduction of the $PSG Fan Token has set a precedent for sports teams exploring innovative ways to engage with their supporters. By leveraging blockchain technology, Paris Saint-Germain has not only offered fans unprecedented opportunities to contribute to the club's legacy but also opened new avenues for loyalty and marketing strategies. This approach has significant implications for the sports industry at large, offering a glimpse into a future where fan interaction transcends traditional boundaries, facilitated by digital platforms and cryptocurrencies.

Paris Saint-Germain’s venture into the [world of fan tokens](https://coinrotator.app/category/Fan-Token) with $PSG showcases the potential of combining sports fandom with blockchain technology. It represents a new era where fans are not just spectators but active participants in their beloved club's journey, armed with the power to influence and shape its direction. As the ecosystem develops, the possibilities for engagement and token utility will undoubtedly expand, marking an exciting new chapter in the intersection of sports, technology, and community involvement.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Paris Saint-Germain Fan Token

Paris Saint-Germain Fan Token

Price Data

Analysis

Trade

Market Cap

All-Time High

All-Time Low

Fully Diluted Valuation

Circulating Supply

Total Supply

Categories

Similar Coins