The economic model of the PSG token is based on limited supply and diverse use cases. The total token supply is set at 20 million units, which aims to maintain the token's supply value. Some of these tokens are offered to the public, some are held as reserves by the Paris Saint-Germain club, and some are reserved for the Socios platform. This distribution of tokens aims to balance the interests of different stakeholders and preserve the long-term value of the token.
The value of the token is determined primarily by the balance between supply and demand. While factors such as fan interest, club performance, and the attractiveness of the phone number list privileges offered affect demand, the amount of tokens in circulation determines supply. In addition, the value of the PSG token may be affected by the state of the general cryptocurrency market and the performance of major cryptocurrencies such as Bitcoin.
What are the areas of use of PSG Fan Token?
PSG token holders can use their tokens in a variety of ways. For example, they can “burn” or lock up tokens to vote on club decisions. This can temporarily remove tokens from circulation, potentially increasing their value. Additionally, spending tokens on exclusive products or experiences is also part of the economic model and encourages token circulation.
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