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Lionel Messi signs $20 million fan token deal

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Football star Lionel Messi has signed a $20 million deal to become a global ambassador for a fan token site

It’s believed the Socios.com transaction will not involve cryptocurrency. However, ESPN reports that Messi received a large number of fan tokens when he signed for Paris Saint Germain last year.

Fan tokens are a type of crypto that represent different sports teams, and give fans the chance to have input on small decisions within their team’s communities.

In a statement, Messi says he is “proud” to join Socios’ mission to create a more connected and rewarding future for fans.

Socios hosts fan tokens for a number of different teams across a range of sports. These include football, basketball and baseball.

Messi will promote the exchange for the next three years.

Other athletes and sports teams are joining the crypto space. Odell Beckham Jr. and Aaron Rodgers are just some of the big names to request to be paid in crypto.

The NFL recently granted approval to teams that want to promote blockchain companies.

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