Fan Token Issuing Startup Receives Italian Regulatory License

The sports-based fan token market has surpassed $440 million in market cap since the football fans’ blockchain app announced it has received regulatory approval from the Italian government, up 97% from the previous month.

CHI.jpg will now be able to provide cryptocurrency and digital wallet services to fans in Italy.

Fan tokens are tokenized assets that represent proof of ownership or even membership. Users can influence the clubs they support by developing club-specific fan tokens to gain voting rights. is an app for football fans where users can influence the clubs they support by purchasing club-specific fan tokens to gain voting rights.

The platform said the 2021 token generated nearly $200 million in revenue for its partner clubs.

Alexandre Dreyfus, CEO of, stressed that Italy is a very important market, with several top football clubs such as AC Milan, Inter Milan, Naples, FC Barcelona, and Others already established Let the platform have a strong influence.

Therefore, ensuring the legitimacy of operations in Italy and gaining the trust of users in this country has always been the direction of the platform’s efforts.

Approval from Italian regulators is, therefore, key to’s protection of consumers and continued service in the region

He added that:

“Regulation builds consumer confidence. Fan tokens as a very powerful digital asset class in their own right are growing, and with increased confidence and visibility comes increased demand.”

Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain as the digital currency of the Chiliz and platforms, is down by about 8.56% at the time of writing.

Dreyfus admits that since the launch of Fan Tokens in December 2019, nearly 110,000 users have joined and bought tokens worth an average of $20.

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Messi Accepts PSG tokens for Partial Payment after joining Paris Saint-Germain Soccer Club

Argentinian football superstar Lionel Messi accepts cryptocurrency PSG tokens as part of the payment after signing a new contract with the Paris Saint-Germain (PSG) team. 

On Tuesday, Messi transferred to Paris Saint-Germain (PSG) with a two-year contract after departing from his Spanish soccer club Barcelona. Messi will be able to practice a flexible contract right in his third year of the new contract.

This new signing brings him an annual salary of $41 million, plus bonuses, and according to CNBC reports, there is a $30 million signing fee.

According to PSG’s statement, the “Welcome Package” given to Messi worth approximately Euro 25-30 million ($2.9-35 million USD) contains a large amount of $PSG tokens. The club did not disclose the specific proportion of tokens in the package.

The cryptocurrency “$PSG Fan Tokens” was founded in January 2020 by an app for football (soccer) fans called The $PSG token is a fan token, tokenised asset representing proof of ownership or even membership. Users can acquire voting rights to influence the clubs they support by developing club-specific Fan tokens.

Various clubs are increasingly joining the boom of cryptocurrency., a cryptocurrency platform that provides tokens to PSG and other top clubs, stated that tokens generated nearly $200 million in revenue for its partner clubs in 2021

The CEO of, Alexandre Dreyfus, said that in a statement:

“Fan Tokens and play an increasingly prominent role across sport at the very highest level.”

The price of Paris fan tokens has risen this week due to the rumours of the Messi deal. New sales are about 30 million euros, and PSG accounts for the majority of them, at least 15 million euros (at least 15 million euros).

According to data from CoinMarketCap, the market value of PSG’s token is approximately $123,165,140, ​​which has soared by more than 130% in just five days due to the endorsement of football superstars.

Paris Saint-Germain Fan Token (PSG) was trading at $42.12, up by 11.16%within 24 hours. 

Image source: Shutterstock


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Lionel Messi To Get Paid In Crypto For Joining Paris Saint Germain

The popular football Player Lionel Messi recently signed a contract with Paris Saint Germain. The contract, which will run for two years, comes with many tokens owned by PSG fans. The report we read discloses this arrangement between Lionel Messi and the French soccer club.

In a statement Paris Saint-Germain released, we learned that the tokens are a part of the welcome package or even a signing–on fee prepared for the footballer. According to PSG, the tokens come from, a top sports fan token platform.

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As for now, we’re yet to get the deal’s exact details since the club hasn’t made it public. PSG only revealed that Messi would get a large number of tokens. Messi was playing for the Spanish club Barcelona before this deal.

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There is also a possibility for a third-year agreement for the player. Also, these tokens are estimated to be worth 25 to 30 million euros. With such a large number of tokens, Messi has now joined the crypto craze.

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PSG Token Offering Perks To Hodlers

Many holders of the PSG tokens enjoy several benefits by holding the PSG token. One of the perks is that they can choose motivational messages on the walls of the dressing room. Also, they can vote on decisions that affect the club’s operations.

Lionel Messi To Get Paid In Crypto for joining Paris Saint Germain

Lionel Messi To Get Paid In Crypto for joining Paris Saint Germain

The PSG records immense growth after the news of Lionel Messi Joining came into public | Source: PSG-USD on

For instance, token holders can decide who wins the awards for the end of the season through votes. In addition, they can also vote on the goals which the club will pursue for every season.

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Another commendable perk includes receiving personal video calls from the players. Also, the club has more perks outlined for token holders in the upcoming months.

Following the launch of the FSG token in 2019, many top European Teams have also launched fan tokens through This app enables users to trade and win Fan Tokens seamlessly. It is powering many club tokens presently and aims to support more in the future.

Some of the clubs using the app include AC Milan that started offering tokens with more promises of allowing users to earn VIP rewards, exclusive promotions, plus other unique offers.

PSG Token Thrives As Lionel Messi Joins The Club

For three months now, the price of PSG has increased three times more than what it was in May. The cause was the rumor that Lionel Messi will join the French soccer club. This news alone led to a 250% increase for the PSG token.

Featured image from Pixabay, chart from


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Lionel Messi Will Receive Crypto for Joining PSG

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Lionel Messi has signed a two-year contract with Paris Saint-Germain. Although undisclosed, the deal is said to include a large amount of the club’s crypto fan tokens.

Messi Receives Crypto Tokens

As part of a signing bonus for a two-year contract with French soccer club Paris Saint-Germain, Lionel Messi will receive a “large amount” of the club’s PSG fan tokens, according to a report from Reuters.

Paris Saint-Germain said in a statement that the PSG tokens are part of Messi’s “welcome package,” or signing-on fee, and have been provided by, the leading sports fan token platform. While the exact details of the deal have not been disclosed, the club stated Messi had received a “larger number” of the tokens. 

The PSG tokens give fans access to several perks, including choosing a motivational message on the dressing room wall before games and voting on key club decisions such as the goal of the season or the winners of the club’s end-of-season awards. Additionally, token holders have also experienced unique, personal video calls from the team’s players, with even more exciting benefits planned in the coming weeks and months.

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Since its launch in 2019, several other major European soccer teams have launched their own fan tokens via In January, AC Milan became the latest team to offer tokens, promising access to VIP rewards, promotions, and other unique experiences for token holders.

Since June, the PSG token has quadrupled in value amid rumors that the soccer legend would be transferring to Paris Saint-Germain. It is currently up over 240%, with one token priced at $40.55 at the time of writing.  

Disclaimer: At the time of writing this feature, the author owned BTC and ETH.

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Leeds United to Launch Fan Token on

English football club Leeds United has joined the crypto train with the partnership with blockchain platform This makes it the fourth Premier League club to join the Socios ecosystem. 

LUFC Token to Launch on

Leeds United made this known on their website and revealed that the club would launch a fan token (LUFC). Token holders will benefit from exclusive offers, discounts, and the opportunity to earn unique prizes and rewards. 

Fans will also be able to put their skills to the test on the Socios app against fans globally in club-related games, competitions, and quizzes. They will also compete in global leaderboards and earn tokens that can be exchanged for benefits and experiences. 

Speaking on the development, Paul Bell an Executive Director at Leeds United believes it is a great initiative for the fans.

“This partnership with is another step forward for Leeds United as we look to provide more opportunities for our fans around the globe to get even closer to the club,” he noted. 

This sentiment was also echoed by Alexandre Dreyfus, CEO of Chiliz and Through $LUFC Fan Tokens, Leeds supporters the world over will be able to join a global community of fans brought together by their passion for the club, where they can enjoy influence, exclusive content, games, competitions, and access to once-in-a-lifetime experiences and rewards.

Growing Demand for Fan tokens

Leeds becomes the latest sports club to join the growing demand for Fan tokens. Fan tokens have emerged as a type of collectible that allows holders to access exclusive content.

Some football clubs have used the token to provide decision-making power to fans. Italian club Juventus regularly lets fans vote for the player of the match using their fan token. currently leads this growing industry with partnerships with over 40 sporting clubs globally.

Early last year, BTCManager reported how Socios had inked a deal with French champions Paris Saint Germain (PSG) which saw the club launch its official Socios-powered Android app to enable millions of PSG fans from around the world to earn rewards for interacting with the club.

Recently football giant Arsenal also partnered with Socios to launch a fan token.

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Legendary Soccer Club AC Milan to Launch Fan Token

Key Takeaways

  • AC Milan is launching a fan token via the social platform
  • Holders of the token will gain access to key voting decisions, as well as special rewards and experiences.
  • Other notable soccer clubs on Socios include FC Barcelona, Juventus and Paris Saint-Germain.

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AC Milan is launching a fan token. Owners of ACM will be able to vote in key club decisions and benefit from rewards.   

AC Milan Moves On-Chain 

AC Milan is moving onto the blockchain. 

The legendary soccer club has partnered with the tokenized sports exchange Chiliz to release a fan token. 

ACM will be available via, a social platform powered by Chiliz. Alexandre Dreyfus, CEO and founder of Chiliz and, said in an announcement post

“The AC Milan partnership is a great start to a year in which we will work harder than ever on our mission to fully establish fan tokens as the ultimate fan engagement tool and as a powerful new revenue generator for the sports industry.”

AC Milan also took to Twitter to share the news.

Owners of ACM will have a say in key decisions affecting the club via polls. They’ll also gain access to VIP rewards, promotions, and other unique experiences. 

Fan tokens are a nascent innovation that leverages the power of blockchain to engage with an audience.

Several popular musicians have also embraced the technology in recent months, and Chiliz has already launched tokens for several major soccer clubs, including FC Barcelona, Juventus, Paris Saint-Germain, and AS Roma. The Socios app has received 450,000 downloads, and over 14 million tokens have been sold. The leading cryptocurrency exchange Binance has listed many of the Chiliz tokens for trading. 

The Italian club has won the Champions League trophy seven times, and it has an estimated fanbase of 450 million. 

The ACM token will be available on “in the coming weeks,” according to the announcement post. 

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