Fan Tokens – An Addition, Or A Solution, To The Monetary Misery?

Lionel Messi's transfer to Paris Saint-Germain (PSG) was in itself a massive commercial attraction, however, what added more to it was the initiation of financial structure, previously unheard of for a transaction of this nature, i.e., a one-off payment (as a part of his salary), understood to be worth around 1 million euros ($1.15 million), made in PSG "fan tokens". The conversation around the manner in which the sporting world is evolving in the virtual space of 'blockchain' and 'metaverse' is like having a discussion about what "the internet" meant in the 1970s. The building blocks of a new form of communication were in the process of being built, but no one really knew what the reality would look like. While it was true, at the time, that an unknown idea called "the internet" was emerging, not every concept of what it would look like turned into reality. Similarly, there is also a lot of marketing hype wrapped up around the idea of the fan tokens, which is a