Lionel Messi, the legendary footballer, and 6 instances Ballon d’Or winner made a historic membership switch from Barcelona FC to Paris Saint-Germain F.C after 26 years.
The reported worth of the two-year contract between Messi and PSG is $41 million annual salaries with bonuses, nevertheless, a latest insider scoop from a Bloomberg journalist suggests the soccer legend may obtain crypto fan tokens or NFTs as a part of his fee.
Messi’s switch to PSG got here as an enormous shock and heartbreak for Barca fans, particularly after mentioning that he wished to remain on the membership. The switch was nothing wanting controversial as experiences point out the transfer was initiated after the membership couldn’t conform to a contract renewal deal resulting from its debt.
The revelation about crypto fan token solely strengthens the hype round NFT tokens. Non-Fungible tokens or NFTs have been first launched in 2018 and till 2021 it was primarily used as fan tokens by premier sports activities golf equipment together with PSG.
PSG Fan token is at the moment buying and selling at $40.45 however may see a bullish burst within the wake of the information.
LIONEL MESSI’S PARIS ST GERMAIN FINANCIAL PACKAGE INCLUDES PAYMENT IN CRYPTO CURRENCY FAN TOKEN – SOURCE
— *Walter Bloomberg (@DeItaone) August 12, 2021
The worth of the crypto fan token greater than doubled within the wake of Messi’s signing and reached an ATH of $61.63 on August 10, a day after Messi’s transfer to PSG was confirmed. PSG is a utility token on the Chillz chain.
Will NFT Fan Tokens See One other Bullish Rally?
This bull run has seen a collection of value rises amongst totally different courses of cryptocurrencies. First Bitcoin rose at first of the yr, then utility tokens, following which NFT tokens comparable to Chillz rose to their new ATHs and the cycle continued. Because the crypto market recovers from the two-month-long bearish part and each Bitcoin and altcoins begin the second leg of this bull run.
The second leg might set off an analogous bullish value cycle once more together with for NFT fan tokens. Given the depth of Messi’s switch information, it might act as a possible set off for a fan token rally.