Paris Saint Germain Fan Token (PSG) is a functional token that provides fans of Paris Saint Germain Football Club ("Paris Saint Germain") with tokenized shares to participate in club decision-making through the use of Socios' applications and services. Socios is a blockchain based fan interaction and reward platform supported by Chiliz for the sports and entertainment industries. PSG is a functional token built on the Chiliz Chain (a Proof of Authority side chain based on Ethereum).PSG is mainly used in the following areas:Governance: PSG holders can vote on various binding "fan decisions" released by Paris Saint Germain through smart contracts.Rewards: PSG holders can participate in activities on Socios to receive rewards.Token Mortgage: In the future, PSGs can be mortgaged to earn Non Homogeneous Token (NFT) rewards.
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