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Back of the Net: Cryptocurrency Stands to Win Big in the Football Sector

Published 09/17/2018, 12:50 PM
Updated 09/17/2018, 01:01 PM
Back of the Net: Cryptocurrency Stands to Win Big in the Football Sector

As advocates of blockchain put forward theses for revolutionizing a plethora of industries around the world, European football — one of the most ubiquitous industries — is not an exception.

French soccer club Paris Saint-Germain (PSG) revealed in a Sept. 11 press release shared with Cointelegraph that it is partnering with blockchain platform Socios.com. The main outcome of the partnership is to launch a Fan Token Offering (FTO) that will give fans access to Saint-German club tokens, which come with voting rights and can also be representative of VIP status for their holders.

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