Paris Saint-Germain Fan Token (PSG) is a utility token that provides fans of Paris Saint-Germain Football Club (“Paris Saint-Germain”) with participating clubs through the use of Socios’ apps and services Tokenized share of decisions. Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industry powered by Chiliz. PSG is a functional token built on Chiliz Chain (Chiliz Chain is a Proof-of-Authority side chain based on Ethereum).
PSG is mainly used for the following:
Governance: PSG holders can make various binding "fan decisions" issued by PSG through smart contracts. vote.
Rewards: PSG holders can participate in events on Socios to earn rewards.
Token Staking: In the future, PSG can be staked to earn Non-Fungible Token (NFT) rewards.
