Soccer Superstar Lionel Messi Gets Part of His Contract Paid in Cryptocurrency – Bitcoin News

Lionel Messi, the Argentinian soccer celebrity, has opted to obtain cryptocurrency as a part of his new contract signed with the French membership Paris Saint-Germain. The membership revealed that the participant will obtain crypto as a part of his $30 million fee, as a “welcome package” given to the participant. The proportion of the crypto stash in his fee was not disclosed, however the membership acknowledged it was a “significant” portion.

Lionel Messi Gets Part of His Contract Paid in Cryptocurrency

Lionel Messi, the Argentinian soccer participant, will obtain a part of his contract fee in cryptocurrency, according to reports from his new French membership, Paris Saint-Germain. Messi, arriving on the membership after spending a few years taking part in for the Spanish Barcelona soccer crew, will obtain part of an estimated $30 million within the fan token of the brand new membership as a part of a welcome bundle provided as an incentive to the participant.

While the whole quantity of this welcome bonus that will probably be paid in cryptocurrency has not been introduced formally, the membership informed Reuters that it was a “significant” quantity of the whole bonus. Also, because of the excitement surrounding the arrival of Messi to the brand new membership, the token skilled an enormous improve in its buying and selling volumes.

PSG Trading Volumes and Price Rises

The official fan token of the membership has seen elevated buying and selling quantity and an increase in value because of the information and rumors of Messi coming to the crew. According to reports, the token’s buying and selling volumes exceeded $1.2 billion within the days main as much as his arrival. Also, the worth skyrocketed 130% in 5 amidst reports that indicated Messi might be coming to the membership.

The PSG fan token was launched in January 2020, as part of the token platform, and had an preliminary value of two euros. The token has a value of $41.23 on the time of writing, rising considerably since its issuance. These tokens give holders some sort of resolution energy in a few of the issues relating to the membership.

Fan tokens are a brand new income that some golf equipment have adopted within the final years with large success. Other golf equipment, like AC Milan, and the Barcelona FC, have already issued their fan tokens to capitalize on the connection with its fan base. This was confirmed by Marc Armstrong, PSG’s Director of Partnerships, who acknowledged:

We have been in a position to have interaction with a brand new international viewers, creating a major digital income stream.

What do you concentrate on the cryptocurrency fee that Lionel Messi is receiving in its new contract? Tell us within the remark part beneath.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational functions solely. It is just not a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or corporations. doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, straight or not directly, for any harm or loss brought about or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.

You might also like