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| Messi gets the cryptocurrency |
Lionel Messi's financial plan at Paris Saint-Germain Football Club provides for the provision of cryptocurrency. Messi signed a two-year deal with PSG this week with an option for a third year.
In addition to bonuses, Messi's financial deals were also earning him an annual salary of $41 million.
On Thursday, the team said that Messi's welcome package includes PSG cryptocurrency. This development led to a surge in cryptocurrencies, which PSG first released to its fans over a year ago.
The PSG token was created by crypto platform Socios.com in January 2020 to help PSG build a new fan community.
According to PSG, the 34-year-old Argentine will be promoted to one of the world's most innovative and leading brands in global sports through cryptocurrency.
Cryptocurrencies and crypto tokens are unstable assets and their value can go up or down overnight.
Critics say many of these crypto assets are useless in the real world and will be shut down by regulators in the next few years.
The launch of the Socios.com and PSG tokens will allow the club to connect with a new global audience and create an essential source of digital revenue, PSG Director of Partnerships Mark Armstrong (Mark Armstrong) said in a statement.
Manchester City launched their fan corner with the same technology in March.
“Cryptocurrencies and Socios.com play an increasingly important role in top-tier sports,” Alexander Dreyfus, CEO of Socios.com, said in a statement.
Messi gets the cryptocurrency
The president of Paris Saint-Germain told reporters that the financial proceeds from the club's contract with the world football star could shock the world.
Signature aims to generate unexpected business revenue through the sale of T-shirts and other means.
When Cristiano Ronaldo signed with Juventus in 2018, his shirt sold for $60 million in just 24 hours.
Messi moved to Paris Saint-Germain as a free agent. This was after Barcelona admitted that they would no longer be able to honor the player's five-year contract.
Messi was named the best player in the world. As the top scorer of the African continent, he has won the European Golden Boot six times.
He left Barcelona after playing for the Catalan club for 20 years, scoring 672 goals and winning 34 titles in all competitions.