Paris Saint-Germain Fan Token

Halal Rating :
Comfortable
Last Price $2.58 Last updated:
Rank 764
1D Change -1.90 %
Market Cap $31.21m
Circulating supply 12,089,007
Maximum supply None

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpool
  • Soccer

Understanding the Intended Utility

The Paris Saint-Germain Fan Token (PSG) is a utility token created through the Socios.com platform on the Chiliz blockchain. Its intended purpose is to give Paris Saint-Germain football club fans voting rights and influence in certain club decisions, access to VIP rewards, exclusive promotions, AR-enabled features, chat forums, games, and competitions.

Platform Assessment

The token operates on the Chiliz blockchain infrastructure, which is specifically designed for sports and entertainment fan engagement. The platform demonstrates consistent development activity and regular updates to expand utility features.

Real World Adoption

PSG has achieved significant adoption among Paris Saint-Germain supporters, with active participation in club polls and consistent trading volume on major exchanges. The token has established partnerships with the football club itself and has been integrated into various fan engagement initiatives.

Token Distribution and Governance

The token distribution appears relatively transparent, with clear allocations between the club, platform, and public availability. The project maintains regular communication about token utilities and upcoming features through official channels.

Revenue Model

The revenue model is based on legitimate business activities, including token sales for fan engagement features, merchandise access, and voting rights. The platform does not involve interest-bearing mechanisms or gambling activities.

Crypto Impact

To assign a comfort level investing in Paris Saint-Germain Fan Token from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Paris Saint-Germain Fan Token.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating