Paris Saint-Germain Fan Token

Purpose and Utility

Paris Saint-Germain Fan Token (PSG) is a utility token created in partnership with Socios.com. The token provides PSG football club fans with voting rights in club polls, access to VIP experiences, exclusive merchandise, and other fan-engagement features. Token holders can participate in decisions such as choosing jersey designs, celebration songs, and other club-related matters.

Business Model Evaluation

The business model is based on fan engagement and club participation, which aligns with halal principles. The token serves as a membership card that grants actual utility and privileges. There is no interest-bearing component, gambling, or impermissible activities in its core functionality.

Real-World Adoption

The token has demonstrated actual usage through various fan votes and engagement activities. PSG has actively integrated the token into its fan ecosystem, with regular polls and exclusive offers for token holders. The club has maintained consistent engagement with token holders through the Socios.com platform.

Platform Development

The token operates on the Chiliz blockchain, which is actively maintained and developed. The Socios.com platform regularly updates its features and functionality for fan tokens, including PSG.

Token Distribution and Governance

The token distribution includes allocations to the club and platform, with tokens being released through fan token offerings (FTOs). While trading activity is significant, this doesn't impact its halal status as actual ownership transfer occurs.