PSG(Paris Saint-Germain Fan Token) Project Analysis-CoinW Institute
PSG(Paris Saint-Germain Fan Token) Project Analysis
1、Institute short review
psg is the fan token of the soccer club Paris Saint-Germain France, allowing users to participate in the voting projects announced by the team in the platform to gain the corresponding decision-making power. There are dozens of existing fan tokens, and psg has several advantages of its own. First of all, the Paris team is full of stars, with superstars such as Messi Neymar Mbappe, and in different countries, and the hype is high during the World Cup. Furthermore, the current circulating market value of psg ranks first among fan tokens, but the circulating market value is only more than 20 million knives, so if the coin price is raised it can also improve the valuation of the whole board. In addition, compared to other online fan tokens, psg has a better past K-line resilience and high volatility. The World Cup is about to be held in November and can be a constant concern.
2、Recent breaking point
The World Cup is approaching; the team is full of stars; fan token sector leader
3、Project introduction
Paris Saint-Germain Fan Token (PSG) is a functional token that provides fans of Paris Saint-Germain Football Club (“PSG”) with a tokenized share of participation in club decisions through the use of Socios’ applications and services.
4. Token role
The psg is mainly used in the following ways
Governance: PSG holders can vote on various binding “fan decisions” issued by Paris Saint-Germain through a smart contract.
Rewards: PSG holders can participate in activities on Socios in order to receive rewards.
Token pledge: In the future, PSG can be pledged to earn non-homogenized tokens (NFT) rewards.
5. Token Allocation
Total volume: 20 million pieces
Fan tokens issued: 6.44%
Team holdings: 93.56%
6、Project outlook
Paris Saint-Germain is a fast-rising team in the European football world in recent years, and has enlisted a series of popular stars including Lionel Messi, Neymar and Kylian Mbappe with its strong financial power. In the team’s rapid rise, but also quickly absorbed a large number of soccer fans. Its fan token issuance is only 20 million, and the current circulation is only 6.44%. If the team can be empowered in the future, its token value will grow significantly and is worth looking forward to.
Basic Information
Project Introduction
Token name: psg
Project website: https://fantoken.com/psg/
Block query: https://bscscan.com/token/0xbc5609612b7c44bef426de600b5fd1379db2ecf1
Project details.
Paris Saint-Germain Fan Token (PSG) is a functional token that provides fans of Paris Saint-Germain Football Club (“PSG”) with a tokenized share of participation in the club’s decisions through the use of Socios’ applications and services
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