Steve Nicol explains why Mauricio pochettino and not Lionel Messi are under the greatest pressure to win at Paris Saint-Germain. (2:08).The club confirmed that Lionel Messi was transferred to Paris St Germain with a payment in crypto fan tokens. This endorsement is another major endorsement for digital assets.Messi, 34 years old, signed a two year contract with PSG. There is also an option for a third-year.PSG presents Messi to the frenzy crowds of Paris- Messi's last days at Barcelona and the reasons he joined PSGPSG stated in a statement that the tokens in his "welcome pack" or signing fee were provided by Socios.com, the club's fan token provider.Although the club didn't say how much of the deal contained tokens, it said that he had received "large numbers." The overall financial package has not been disclosed.Fan tokens, a type cryptocurrency that allows holders to vote on minor club decisions, are one form of cryptocurrency. This year, tokens will be launched by the English Premier League champions Manchester City as well as Italy's AC Milan.Fan tokens, like bitcoin and other digital currencies can be traded on exchanges. They share a common trait with other crypto currencies, namely a tendency to wild price swings. This has led some regulators warning investors about digital assets.However, there are still high-profile entertainment and business figures who support crypto assets. Jay-Z, Jack Dorsey, Jack Dorsey, and Elon Musk, the Tesla boss, have all supported bitcoin.After Messi's reported departure, PSG claimed that there was a high volume in trading its fan tokens.It stated that the hype around the latest signings in the club’s busy summer transfer window caused a surge in interest in $PSG Fans Tokens. Trading volumes exceeded $1.2 billion in days preceding the move.It is possible that the price movements of fan tokens may have no connection to actual on-field performance and results.PSG's token, with a market capitalisation around $52 million, rose more than 130% in five days, amid speculation about Messi's arrival. It reached an all-time high on Tuesday of over $60. According to CoinMarketCap, they were down 10% at $40.
