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A number of sports stars were also interested in Crypto lately, such as Tennis Star Naomi Osaka openly interested in Dogecoin. The famous soccer player, Lionel Messi also received a part of his salary in the form of Crypto, namely the PSG Fansclub token. Previously, the NFL star Russel Okung also chose to receive half his salary at Bitcoin.

What do you think ?

Don't be fooled by stardom of these celebrities and athletes. Most of them are in it for the trend and the money. There are a lot of NBA stars tweeting about Dogecoin when Elon was happily messing around but look where it is now? I am not a fan of Fansclub token but they have exclusive market so I guess you can say it has a "use case".

Lack of utility, these fans token must be exist to be a payment for the merchandise of the club. I will not call that as a bad move nor good move but this can be used only to show if crypto can also be adopted in the sport field. it's not having limitation on the financial and economic field but crypto can be useful in another field as well but these tokens just like security tokens.
Just because celebrities were talking about that didn't mean those fan tokens were good. Messi was only getting paid some of its salary in PSG token. It's not a big thing.

in the future there will be artists who accept it, now with the world of sports the currency shift will be very fast and without realizing it we will no longer use currency in the future.

Their fame is getting used by the big whales to promote the projects so that they can dump when market starts to become bullish. By the way sports persons are also humans so there is no surprise at all even if they genuinely started to invest on cryptos.

i like the idea that celebrities and top super stars are embracing crypto. since government and traditional financial bodies are against crypto.the more these forces embrace crypto, the more people get to know more about it. the more publicity. the more crypto adoption increases. the more other people considers it and gives it a trial. recently, snoop dog a music legend declared his interest in NFT and a proud owner of an NFT platform. i think it is not too late.

Rather than players we can see more and more number of league organizers interested on receiving sponsorship. Last Sunday watched an UHC match in which it is possible to see Stake and Draft Kings advertisement. Even on the television the odds for the game was broadcasted. This way there is more connectivity with sports platform and gambling sites than cryptocurrency and sports stars.

I will support the comments above. This is all done only for personal benefit and only for the media to talk about them. I am sure that they are not interested in the crypto industry, but only need profit for themselves. There will be many more such statements from the stars, they are more designed for people not related to cryptocurrencies.

From these sports figures, the one with Messi is that I don't openly support. They are trying to sell you this token, and what better way to advertise it than to have one of your star players receive it as a 'salary'? The rest of the athletes that you mentioned are genuinely interested and are already getting their feet wet in buying and receiving actual cryptocurrencies, and that's great since the more people adopt cryptocurrencies, the closer we are into getting society adopt it as well. An economy run by crypto, that seems to be nice.

This adoption was a common thing. Adoption of crypto by celebrities and sport clubs didn't give massive impact to te crypto. As predicted by so many people if this gonna be a short term adoption for sure.
There are lots of people have been talking about this in the past but with the goes of time they were starting to talk back about NFT and DEFI. People realized that the beneift of sport club adoption didn't so big as they have predicted before. It's only for its club and it didn't give advantage for the ecosystem around crypto. When the hype will end and this adoption will be gone.

Just like any other individual, those sports stars wanted to invest their money, they have some extra cash to begin with so why not crypto?

The thing is that it sounds like they are shilling for it, if I'm in their shoes, I will just be quiet and not let the public know that I'm into crypto. Much better that way so that they won't see you as someone shilling or promoting for a certain coin because it could have a bad effect on their reputation or image.

Since Bitcoin and Dogecoin don't have a central authority or are being handled by a group of individuals or acting as a business, we can fairly say that there's no such thing as they are doing some hype on that certain coin.

Not familiar with the sports stars you have mentioned but if they are promoting a crypto-company, then we can look at the reason why they are into crypto.

But generally, it's not even surprising that a famous individual will use crypto. It's common already nowadays that there are people on that status lurking in crypto.

There are a lot of sport personalities into crypto as of late, maybe because of the hype. I still remember Bucks Giannis, when someone ask him where he get his money, he said, "Bitcoin".

I think it's good though, nothing wrong with them getting their salary on crypto or investing some part of their money on it. For sure they have realised that crypto is the best investment, although there are big risk, but it's a win-win situation for them. Maybe in the next 5 years we will see majority of athletes asking their salary to be paid in crypto.

Then that's good.

They have the influence and they will educate people to know more about crypto. I just hope that they won't use their fame to shill unusual projects and likely to be a scam.

That's what happened a few years ago when famous people were used by scam projects.

There’s a two scenario here, first they are being paid to make such statements and second they are really interested to invest or they own already, we really don’t know but one thing is for sure the adoption is growing and sooner or later many companies will start to adopt as well not just the celebrities.

Though, I still don’t see this one as my basis on buying crypto because they are not that big to move this market its better if we hear bigger companies to adopt, the market will pump for sure.

At least they have been giving free advertisement to the crypto. i don't care anymore if that was getting paid to promote or something else. i just think if crypto must need to attract more and more people with big names. These people can easily spread the words of crypto to the all of their fans. The only problem the new joines must have dealt with the volatility. As long as that was a good thing and that's not a problem at all.
There must be more and more club to adopt crypto as a way to give an alternative payment system or become a bridge for its fan to bought something from the club like jersey or ticket.
This will be giving a lot of benefits for us. We need to show crypto to the more audience to attract them all to adopt cryptocurrency

I see this huge popularity around crypto, so there is nothing surprising that celebrities get involved in it as well. I know many examples how different sportsmen, singers and actors use NFTs to tokenize some of their achievements and then see them. So it is a new a space for creative people. And it shows us once again that crypto really worth attention.

however it is positive news and very good news to increase the popularity of crypto and interest in the community other ,surely they support crypto also there must be a reason that is to profit in the future ,because smart people know crypto to be a digital underlying asset and it is popular all over the world ,I think it's very good especially for sports lovers

Something like this news.
Owner Of NBA’s Kings To Offer To Pay Players In Bitcoin (https://www.forbes.com/sites/tommybeer/2021/04/06/owner-of-nbas-kings-to-offer-to-pay-players-in-bitcoin/?sh=75809638123f)
It's not new but somehow I like it more when they are using Bitcoin instead of Dogecoin. It's just the hype made by EM and I don't think it should be trustworthy enough with a volatile market.
Bitcoin on the other hand does have a higher trust rating and there is no one at the helm to control it.
Sure there will always be manipulation for there will be rich people who will use their resources to gain the upper hand but they should still be wary about giving it up for chances of a sudden spike could come making them lose more than profits.

Yes, this isn't new.

But we might see this to happen most often very soon when most of the athletes in different are going to be offered their salary with a portion of cryptocurrency.

And even be asked if they're good for whole contract paid in full crypto.

If those sports stars can bring positive things to crypto, they can invite their fan to follow their way to start investing in crypto.
They can start learning about crypto together and educate each other, boosting crypto adoption in many countries as their fan will come from many countries.
If many more sports stars can follow the same thing, it will give more time for a crypto to reach more people and maybe that will not take too long to see the crypto will be more popular.

A network effect will play its parts, I believe. It's surely in terms of awareness public/sports figures will give an exposure to the masses about cryptocurrencies in general. I do iterate that I always saying about the network effect toward this space from a public figure, it because I believe it surely has an effect. What more to come to emphasize is how the adoptions also bring the masses to aware about the financial sovereignty, not just following what's trending in the world.

In short, I do hope the adoptions come with the curiosity about what is possible in terms of sovereignty. Therefore, the decentralization essence of cryptocurrencies is still preserved.

I support the spread of blockchain applications in all areas of life. However, in reality, not many projects are exploiting this field.
Although sports stars are becoming more and more interested in crypto right now, to me they are just KOLs and lack knowledge of this market. So positive crypto spillover, but don't let these leaders mislead you.

When it comes to Dogecoin i think those celebrities do more harm than good for crypto. We saw what happened 2 months ago with useless dog tokens which almost ended up with crypto winter.
On the other side, clubs starting their own fan tokens is a big plus and a healthy promotion, especially when its associated to global mega stars like Messi. There are a lot of people, who will trusts celebrities more than politicians.

Crypto is getting mainstream as we talk. The only thing holding it back is lack of regulations, which has made it a bedrock of malicious characters and criminals. However as much as it reduces the decentralization, it can make it more acceptable

It's a good thing if they enter the crypto space, it means that the community in the crypto space will be stronger. The thing to avoid is when they give an opinion, don't sometimes believe it completely, keep researching first.

As you mentioned above that Messi receives part of his salary with Crypto (PSG Fan Token), Until now I don't believe it :D I consider it a marketing strategy from Socios and PSG to increase their token market cap.

I think it's no surprise that there are also active athletes interested in cryptos because in the end there are just normal people too and if for example 2% of the world population is interested in cryptos then i would guess that there are also 2% of all athletes interested in cryptos. I also noticed that this year there is a lot of advertising of big crypto projects going on in major sports. For example Tezos is visible on several Formula 1 cars. As far as i know the ad space on a formula 1 car is very expensive so that is pretty cool. Also in the UFC i noticed a ad of crypto.com that was mentioned during the fight i guess that is also pretty expensive.

I think that is good news to us because at least those sports stars are aware of the existence of the crypto and they want to involve in crypto. Maybe they have a big interest in the benefits from crypto so they decide to join in crypto and I think the other sports stars will join with them too. But hopefully, those sports stars can learn more about crypto to know what coins to invest and not just accept the offers to invest in one or two projects or become an ambassador of the project.

For now the popularity of the crypto world is having the upper hand so many sports stars who have joined crypto and started investing in it, although for now it is experiencing negative news from china but I believe the crypto currency is already standing strong and very difficult to drop to the lowest price as when it first came, Then the current decline is only temporary and we must take advantage of this opportunity to invest in order to later get a satisfactory profit.

If many sports stars are interested in Crypto, I think it's normal because they see great potential in Crypto. But if a Lionel Messi receives part of his salary in Crypto I think it's part of his club's management strategy to promote crypto, especially their token (the club). As we know, Lionel Messi is an icon of today's football sport. So by paying part of his salary through crypto token, then Messi fans will definitely follow to buy these token.

dunno why but whenever i see this things i automaticaly think that it was only a form of advertisement to promote and to probably pump the crypto ,
most especially to that new token psg fansclub and also to dogecoin while for btc ,
btc is in the mainstream already and its normal for someone to use this coin but if we honestly love to use a certain crypto, i think its not necesary to shout it out in public because we are already doing our support for the crypto once we buy and hodl them .

Crypto is a very popular topic now, the media makes it more interesting by publishing several good news about cryptocurrencies that attracts more people including celebrities, crypto is so advanced now that many influential people wants to be associated with it, am not surprise at, soon more celebrities will pick interest.

No need to shout out if you already understand crypto but it's a case to case situation, there are people who loves broadcasting their support to attract wider audiences, some for referrals and some are to promote crypto. We see people who catch the attention from different advertisement and some with personal conversation with people who already inside this industry.

To be honest, I do not really take this to be a big advantage for crypto and I don't really believe in most of the coins in the OP. For me this individuals are just like every other person buying crypto out there, they may be rich, but rich people have been buying crypto for a very long time now and many of them even stay anonymous, making it even questionable why these ones decided to publicize their interest in crypto. In my opinion, what's needed for mass adoption is adoption from institutions and governments, and not really individuals, and that is exactly what is going to make the difference for cryptocurrency.

Famous celebrities come in all sorts of shape and form, which means that we are talking about something that is sports related but it doesn't really matter, what matters is that they are famous. So, let's take a 7th division goalkeeper in England, that's "sports" too, a whole team could be paid in bitcoin and the impact wouldn't be that big, hell they could change their names to something crypto related and it wouldn't really matter way too much, maybe at most crypto people would have some team they would support but that's about it.

What matters is that those sports people need to be famous as well, if Lebron comes out and says he owns some bitcoin and likes it, that matters, if Ronaldo plays in a crypto commercial, that means something. All in all if any famous person in the world comes out and says something that is in support of crypto, that would be great for us at all times.

I think the examples you mentioned are more of a form of advertising than actual interest from famous athletes.
Of course, it's very good that cryptocurrencies appear alongside famous names. I hope there will be more such examples, but I do not think that cryptocurrencies will find use in this form. In my opinion, it will remain simply a form of advertising for their own projects by developers.

We should as what makes Tennis Star Naomi Osaka "openly" interested in Dogecoin... and watch her stutter... I bet she doesn't even know how dogecoin works or what it even is. All she knows is that this coin can be pumped easily. Invest some and let people know that she is interested in that coins so that she can sell when people start doing the same. Even your soccer player is in here for the money. If they are interested, why don't they privately invest instead of letting the world know? Okung did a good thing accepting Bitcoin as a part of his salary. He is the smart one over here.

Famous people or stardom take advantage of their big names to pump up prices. It's like an advertisement for the tokens as it carries their name. I don't think they really invest there, maybe this is just an agreement and they get paid. Different- if they say buy a certain amount of Btc, because we know Btc is not regulated or controlled.

There is so much attention given to the sports sector, especially soccer. With the number of big names in the sports sector, i don't think there's a better way of promoting a cryptocurrency than the use of this sports icons. It's actually a win-win deal for sports and cryptocurrencies.

If you want to see the proof, then you just have to find out through several websites and social media such as twitter and through well-known sites that often discuss cryptocurrency in general, because ordinary people like him will not be able to create hype in written form or just a word.

Agree with this opinion.
I think the support from the entertainment figures will reduce the application of the benefits of the altcoin it brings. Celebrities who support and hold altcoins (even in large numbers) only become speculators and always dump them in the spot market. This factor makes it difficult for cryptocurrency to be implemented by the public and consider crypto to be just a speculative asset.

I have seen the explosion of interest in cryptocurrencies, sports clubs should still be aware of the risks this new technology brings. 
The value of crypto assets continues to fluctuate, and despite the phenomenal growth, the legal and regulatory landscape remains uncertain. 
The lack of stability in this sector will require sports businesses to adopt hedging agreements to save money in the event of price fluctuations.
However, the rise of crypto assets brings opportunity and excitement to the sports world.

Involvement of those stars in cryptocurrencies would enable cryptos to become more popular whether by advertisement or investment, more sportsmen or women might take a cue by getting involved as well, that is a gradual adoption of cryptos, recently some music stars are also getting involved too stars like Akon, Snoop Dogg etc had bought the idea, I believed the culminative effect of the adoption by these stars will brings about massive investment to cryptocurrencies.

There is actually a lot of news about famous sports stars and other famous people involved in crypto, and it is good news that crypto brings positive things and can also benefit them. because crypto is good for all misfortunes.

Like the famous football coach Jose Mourinho, who is known to be launching NFT with Mastercard, Mourinho, who is also a global ambassador for Mastercard, will present his digital collection.
and NFT is arguably still in its early stages, greater engagement is expected in 2022 as more sports stars, artists and other notable personalities will enter the industry.

I think that it's just a natural reaction after a lot of mass adoption occurs.

You have to realise though that some endorsements aren't actually organic - a lot of them are driven by money and sponsorships.

Especially for people like Floyd Mayweather, if you see him endorse a certain coin you should probably walk away from it as much as possible.

It’s a natural progression for crypto from a small niche online market to gaining mainstream adoption. We’re not there yet but things are looking good. You will see more & more public figures coming on board over the next couple years.

With the popularity of crypto that continues to increase every year, even this year many large companies have decided to invest in crypto. It makes
perfect sense in the end that well-known sportsmen who have big incomes want to enter the crypto world as well. Moreover, crypto has succeeded
in proving to everyone that it can generate large profits compared to other assets in a pandemic situation like now. Athletes who have short careers
want to plan for the future well, then they think investing in crypto can be a good retirement plan.

It's no surprise the cryptocurrency is started to be known worldwide and some people think it could be also an investment, many people gets interested with cryptocurrency lately because of the price increase and all time high of some of the most known cryptocurrency such as Bitcoin and Ethereum.

quite good in marketing problems, if you use a famous star, but one coin owned by a famous star does not contribute 100%, some are still with price problems and sometimes go up because of the hype of the famous star
I'm more enthusiastic about PSG than dogecoin

Lionel Messi is known as the greatest football player in the world today. As we know that every football player belongs to the club he is defending. There are two reasons the club recruits its players, first they want to win trophies and they want to increase their business income. Lionel Messi is currently defending Paris-based club PSG and PSG has its own token in the crypto space. Well, if some of Lionel Messi's salary is received in crypto, then I think that's one way for PSG to promote a token called PSG in the crypto market.

When I see such information, I think that all this is just an advertisement, nothing more. I don't think that athletes or even famous people in sports just suddenly wanted to get cryptocurrency. Probably through them someone is trying to manipulate the market in order to lure new investors into one or another cryptocurrency. But I am glad that crypto platforms for sports have recently begun to appear on the market. This little by little gives hope that cryptocurrencies will nevertheless be tightly integrated into the sports industry and bring success to everyone.

Yes. I saw the owner of the PSG club getting a big profit in Messi's recruitment.
Messi's presence will bring PSG to a new level from the side of the game and business. In terms of business, PSG is predicted to get far greater income by bringing Messi.
PSG can get an increase in sales of merchandise, tickets, and sponsorship income. This is clear opportunities that must be wasted by PSG.

That is very clear and I agree that there are only two goals for every football club to sign players. The first is to get a championship title in every competition that is participated and want the club's income to increase starting from the smallest level, namely the sale of shirts. Especially with the figure of Lionel Messi who was recruited by PSG. Automatically the presence of Messi at the PSG club at this time for me is nothing more to achieve these two goals.

I see it more as a business why some of Lionel Messi's salary is in crypto. And if a lot of sports athletes are involved in crypto, it could be because they think that crypto has a good opportunity to invest.

Many people invest in cryptocurrency. So why don't famous athletes do such a lucrative business? They receive a high salary, they can afford to invest. And getting a salary in part in club tokens is a good move on the part of the club's management. Moreover, the tokenomics is tied entirely around the PSG club. And that says something.

It's a good thing that various sports are drawing a lot of attention to cryptocurrencies through direct or indirect star endorsements. However, no one should lose sight of the fact that most of these sport celebrities supporting cryptocurrencies may not even know how it works. One can rightly and safely say that they're just in it for the trend and for the sake of being in the media space. The public and naive investors shouldn't just follow these celebrities blindly for the sake of following them. I remember what happened with that token Floyd Mayweather supported a few years ago that went rogue – Centra. I lost cash in that one and since then I don't blind follow any more.

PSG are now a rich football club, and they certainly do transfers every routine, such as the salaries of the players, which because they are star-studded so they have a large salary, and for effectiveness, of course with crypto it will be more effective to do everything, especially if they have the token itself. if it hasn't been done yet, I don't think they will use it soon

Already long time the field of sports began to develop in the cryptocurrency field, and there is nothing supernatural here, since athletes and companies that are related to the field of sports understand that the cryptocurrency is the future and it is better to start developing in this area as soon as possible, also recently I very often began to see how various sports companies and famous sportsmen are starting to penetrate more and more into the cryptocurrency sphere and this is of course very good for us, since these companies and athletes are very popular in all over the world and thus they advertise cryptocurrencies and this is very good.

It wouldn't be surprising if a world footballer like Lionel Messi received some of his salary in crypto because it was clearly an effort by the management of the club he defended to promote their token in my opinion. For me, it is one of the right steps and can be useful for the crypto world, not only for the PSG club.

It will be a good partnership between the two. We have both also seen there be projects with football sports platforms in cryptocurrency. And that's pretty much it. If the sports industry starts getting into cryptocurrencies this will be even more interesting.

That's good. if in my opinion. means they support the use of crypto in many ways. because I am also a person who supports crypto and the free use of bitcoin yes, quite happy and proud knowing good news like that. and the good thing is that it can reach other people too ( their fans ).

We should not be deceived by there fame and them exclaiming that they are investing in a particular coin maybe this might be a form of advert for there followers and lovers to join the trail of investors that have invested in the coin to push the price higher. The celebrities are making there money and I would not be surprised if they are able to attract investors to will invest in more.

Hopefully the use of cryptocurrency can be accepted in all countries.
Cannot be rejected if one day Cripto will dominate the use of paper money.
All elements use Crypto money. They bought something without having to bring money in my pocket.

I really support it. Almost everyone in the world likes sports. Every what is attached to the sportsman will definitely be liked by his fans. Including the use of labels about crytocurrency, fans will definitely like it. Especially if they recognize the world of Crypto.

Cryptocurrencies are growing for now, with so many sports stars or world stars starting to get involved in it, it's not by chance that this happened, they have predicted cryptocurrencies will grow and develop in the future, so this opportunity should be taken advantage of by anyone, if a world star have participated in taking part in cryptocurrencies, the chances of crypto success in the future will be very open, considering the number of fans or their fans who will join in it.

How far will crypto develop in the coming year, with the many interests of sports star or tennis star Naomi Osaka starting to take part in it, considering the past crypto developments have not had much effect on any star, but speaking of price increases on the PSG coin it is true the effect of Lionel Messi's move from Barca, and that's evidenced by various sources and references, for that there is no strong reference that says the influence of the presence of stars as a whole, but for the smallest part maybe the influence will still exist.

My view is that this is a revolution in crypto knowledge, so it's not limited to just buying and selling crypto. Yes, lately, there's been a lot of talk about this, especially on Twitter. On the other hand, if I may add, you can imagine that Messi or Cristiano Ronaldo also issued NFT on platforms such as the Binance Marketplace, what kind of excitement will happen, I think with the strength of the funds and the connection to the platform in question, I think it is not impossible.

I think this can be a good effect on the development of crypto assets that are used for their salary payments, because for sure it will be a new hype considering an athlete must have a lot of fans, then indirectly they promote cryptocurrency to many people and at least make more people who loves crypto.

All those team tokens never really made any sense to me. Can someone explain to me the idea of the team tokens?

What are they giving you? I mean aside from owning them for being a fan, what else could be the reason to buy something like that?

Sure it could be limited and then you could say that you own a limited token from your favorite club but that limit is not really that low neither, they go for a lot of money and usually do not get that much interest neither. If it was something like own a part of the club type of "share" logic then I would understand but you are just buying a token that has the name and it has nothing else going for it.

I personally believe that we should not be really getting involved all that much, I never owned any teams token so far and I am not planning on investing in any neither, maybe if I have some excess money one day and became rich, then I could do it for fun but never for profit making reasons.

We know how some fans can actually go crazy over this and follow the footsteps of their idols, this is good exposure for crypto, if big names like Messi, Osaka, decided to earn in Bitcoin, then a huge amount of their fanbase will also decide to invest in Bitcoin, that's how powerful they are.

I do also have a question about team tokens and how are they valuable? how do they work? will fans get any value from it? or is it just something exclusive that fans can get, something to brag about?

At least it is a good crypto advertisement among fans of these sportsmen, so it is good for crypto investors that there are newbies. As they increase demand following their idols and make the prices grow. Also I know that different sportsmen now tokenize their victories and then sell them as NFTs which is also interesting for fans, so celebrities make the crypto market more lively.

Indeed, it's good news for crypto community as now we have too many big names those are contributing with their own ways and spreading this around the world. But please beware of this fact as well that Bitcoin and Dogecoin both are decentralized coins working without any central authority and no individual handling this all just because of this many peoples using these coins for hype and personal profit.

Good news for crypto as now many soccer clubs are working on their own currency and giving good contribution through different features, Juventus is really giant in this. NFT is also bringing some good contribution because many big sports person bringing their favourite movements in this way with their own way.

Crypto in sports has actually been around for a long time but not as popular as it is now possible with the high cost of Crypto when ATH at that time made some sports stars start to get in to get assets in Crypto and save them to be used as assets in the future and with the hype of some sports stars it can be ascertained that many stars others who will start to enter to invest in Crypto so as to have a fairly positive impact on the development of Crypto in the future.

I just found out now. However, I strongly support the development of Crypto so that it can enter all lines of people's lives.
Cryptocurrency created as a solution to the complexity of conventional financial and banking transactions. By using Cryptocurrency, people can make transactions more quickly and practically.

Don't be fooled about these famous athletes that are into crypto lately because some of them are just being used to advertise the market. Some of them claim that they're interested but we don't know that they're just getting paid to make such statements.

Instead just focus on the path that you have personally choosed, don't let them to make you think twice about the market you are in right now. Focus on what matters because in the end of the day you yourself will decide if you lose or make profits.

From the statement above, it clearly indicates that at this time meta cryptocurrencies have experienced very rapid development. and people have started peercya and dare to invest in cryptocurrencies..

I'm not a problem when those all received or endorse of cryptocurrency even not breaking for rules of his country. They could make a benefit themself and people who invested the same as they mentioned.

especially football athletes who endorsing bitcoin gambling in their costume.

several football clubs do the same like PSG, such as manchester city, AC Milan, Barcelona and etc. but the problem (as far I know) those tokens only buying by supporters of each team. it is impossible for PSG supporters buying Barcelona tokens, right?.

It's a good outcome for the cryptocurrency world since some known people could be an influencer to cryptocurrency investments. I think even if they cannot earn profit, they have a little to lose since they have already many money out there and some of it they just keep it to crypto. And gladly they invest with top coins.

I doubt that Messi actually took too much in fan token, he probably got like a thousand dollars worth just for marketing purposes. Obviously PSG is a big club but their token is not that big, it is a small one and I doubt that they would actually gave those token owners governance rights at all, it is simply just a marketing thing for PSG to raise some funds and get some attention.

If you research, you will realize that nobody actually gave the amount, we have no idea how much fan tokens Messi got, it could be simply just one token and they would be able to say "Messi took some of his salary in fan token" because it would technically be true. His 2-3 year salary is worth as much as the entire PSG fan token marketcap, I doubt he would be getting any serious amount there.

What you say is true, but in cases like this, I only saw the position of messi's transfer from barca to PSG and the development of the PSG token itself, this situation made the token more valuable at that time, although it did not last long, but at least the influence messi can give reasons why coins can go up fast, that's why soccer athletes have influence with many fans and can influence every action on the coin.

It doesn't matter how much of it he took in fan token, it was important to convince him to do it. It could be $1 all we know but he accepted that fan token is something he is willing to promote. I doubt that he would get a huge number, I agree with that however the ability to convince a super star like Messi to take even a dollar in it is the important part.

This is not about amount, amount could be anything, Messi could have still said no because he didn't believe in crypto, or he didn't believe in fan tokens at least, he could have been against it, there are people who are totally against crypto as well. The fact that he said alright to a fan token part of the deal shows that he is not against crypto or fan tokens as a whole and that is the important news here.

I think that will depend on how people search for more details about the project to not get a scam or misleading information. Many people do not want to dig deeper about the project instead of following what others suggest. That makes them pick the wrong project and in the end, the project is run away with the investor's money. So related to the sports star who wants to invest their income in crypto, they should search for more if the tokens offered are really good.

Well because there is still the potential for fraud from fake matches so it must be clearly concluded that those who like cryptocurrencies will also use it personally and will have nothing to do with any party even if it is brought into the sport.

We saw the Litecoin Foundation sponsoring Ultimate Fighting Championship, Stake is sponsoring Watford, and there are many other examples I believe! Which is normal I guess, big names also need some marketing!
What we saw until now is just the beginning, crypto will find a way to get into sports, like with everything else, little by little... so we should be patient with adoption, crypto is spreading on all sides, and sport is not excluded!

I doubt that "official" tokens of sports teams would be scams. After all the teams are there and they could be sued which is the biggest problem for any scammer. If you are a scammer and nobody knows who you are then you could end up scamming people hoping that you will not be sued, and more often than not you will not be sued because people know that it is a highly unlikely deal that you would be.

However at the same time we are talking about something that is quite risky with teams because teams are there and they can be sued. So, that means if you are buying an official team token then you know that you will not be scammed. This doesn't mean that it will profit you, it may end up not being profitable at all, however it just means that it will not be zero, it will not be scam, it could still become a failure in the end if they do not care about it enough.

If the coin is issued as a share (Security token), then there is no problem and all holders of coins are equated to shareholders, but if it is tokens (Utility token) then there are problems with this, for example in the U.S. it will not be quite legal.

So what is your concern here? does those star players has the right to choose on what to do in their salary? this means it is their decision to invest in crypto or not so what is your problem on that?

what is the difference of normal person and a sportsman to invest in this market as long as they are legally investing on it?

this should be taking a serious matter and also a advantage on our part because this will lure more investors as their Fans will invest following them sooner.

I think that due to the rapid advancement of technology, it is only natural that such a famous star, Lionel Messi, is paid part of his salary in digital currency "PSG Fansclub Token", I think it will have a global impact where digital currency will have more popularity than before. hopefully in the future there will be other sports stars who are interested in Crypto.

Some fan tokens from Chiliz are doing the business now. It's spreading the fan token sense amongst sports. Especially football(or soccer). Clubs like Juventus, Atletico Madrid, Paris-Saint Germain to name a few have jumped on the bandwagon. These tokens can be used to buy merchs and club goods, and some matchday tickets(from new developments)

And which do you think is better in this case? is it Security token or Utility Token?
because so far every cryptocurrency has been very good to hold and also won't be bad if held in the long term.

With the participations of sports personalities, the adoptions from this venue may increase interested investors who happened
to also as fan of those sports celebrities will be encouraged to use this system. Either to invest or to take part in this business.
by doing trades.

I see good influence personally; we know how wide the access of those sports personalities, especially superstars, who acknowledge
crypto.

If they're really serious about crypto then that's really really good, because they are stars, celebrities, influence a large part of society. Their actions will push the cryptocurrency to be widespread further. But if they just use their reputation to manipulate and dump the market for self-interest like Elon did then it damages the market and harms those who trust them.

its not surprising anymore since crypto is really gaining attention even in public places nowadays, especially when it comes NFT'S wherein it becomes trending because how gamers and a bunch of people can obtain massive returns from it while at home, so it's not surprising that there are some popular games/sports or people around the globe that will embrace cryptocurrency as well as it's more reliable in my personal opinion and so easy to advertise around the internet unlike other physical stuff.

Yeah.

I saw that development and there are a lot of fans that are very optimistic with this development and wanting to use it to buy their favorite teams and players shirt.

It's a good use case aside from other benefits of use of crypto.

This acceptance is a common thing. The adoption of cryptocurrencies by celebrities and sports clubs does not have a big impact on crypto. As predicted by a lot of people if this will definitely be a short-term adoption. They are trying to use superstars with great influence in the community to start increasing their advertising for coins. coin and the fact that it is just a fad, this is similar to what Elon Musk did with the dogecoin coin.

Crypto is for everybody.It doesnt matter on whats your status or position or what kind of person you are as long you do know on what you are dealing with including crypto then it will be our own choice
whether you  are a famous person or not then we can deal with crypto anytime and on what form.This isnt only limited on gambling industry but also in other industries as well
on where personalities do really see the beauty of crypto and thats why they do make out such decisions.

The crypto market is growing and becoming more popular. Celebrities using crypto can help it reach more people. However, we should be wary, it can be a gimmick to promote. Electronic coins like Dogecoin do not have practical utilities or solutions, they are considered meme coins, entertaining but promoted by celebrities, so their value is very high.

Sport is a wide range to target the possibilities to attract investors through audiences. If crypto will use sports to make awareness to the world, well fast and easy advertisement will happen. Televised crypto that sponsor the game is another influence. Not impossible to have a partnership between crypto and sport. In fact this is now happening world wide.

It's another way to hype most of those tokens，aside Bitcoin and a few other cryptocurrency that athleles and sportspersons might choose as means of payment the rest is just an advertising strategy taking advantage of this sports person's influence to promote their tokens. Any way and which way it goes I still feel it's for the good of the crypto Industry

many sport stars earn big money and they want to invest because their sport career is not long. crypto is a new evolving industry with high profits and that's why it attracts sport stars.

It could be the people they can use to attract and increase buyers. It has revealed that they may have taken this step to change their own position. If it increases their investment. This is why big stars like them have been attracted.

Many athletes are able to draw attention to cryptocurrency but i would recommend all of us to look not at who advertises it but at what they advertise to us because often to us advertised that without advertising or with advertising will die sooner or later.

I don't understand what you mean.
They are famous athletes who have sufficient material, starting from money, facilities and so on, especially athletes like Lionel Messi. If you ask why famous athletes don't do profitable businesses, the answer is that they do. Call it Iniesta. Lionel Messi's teammate at the Barcelona club when he was active as a footballer had also done business. The subject of discussion on this topic is about athletes receiving part of their salaries in crypto.

It's true, many football players currently believe in crypto. Despite what has already been mentioned, there are many players who are become ambassadors for the BSC project, FootballStar ^(NFA). This indicates that the project also wants to take the opportunity of big-name players to gain the trust of the community. And this can also lure fans of these players to buy these tokens. The more athletes that join, this will further strengthen the position of crypto for the public.

Personally, athletes also want to have different investment assets, crypto which continues to grow is certainly their reason to be one of their investment assets.

Coins of a sporting nature have been launched with fantastic value. One of the PSG coins you mentioned. They can use those coins in terms of betting or paying players salaries if they wish. The success of the coin though is visible on the exchange. However I think the conditions of sports coins are not always suitable for paying player salaries, because they do not develop stable coins. So when the coin price is low, it will not be optimal to pay high player salaries.

Usually, athlete managers play an active role in accepting to become ambassadors for several existing projects, including, of course, in crypto. because they also know that now crypto has penetrated all sectors and there is nothing wrong with sports can also play an active role, as long as there is mutual benefit between players and the crypto project, why not use this good opportunity.

I really believe what you say that now many big athletes, have been involved in investing in crypto. because it is clearly a promising investment that they may have done so far by investing in shares of large companies.
so that their role is to become ambassadors as well because indeed they are starting to understand what crypto means to them and the development of sports.

I honestly think most of our sports stars have not got into crypto based on their free will because non of these guys are really engaged into the whole crypto and blockchain ecosystem and neither have I heard or seen any tweets from them, or social media posts to support these crypto projects they are linked to. Had it not been part of their remuneration package most of these wouldn't be part of crypto imho.

I think it's okay, as a tool to introduce cryptocurrencies to a larger audience. However, we can't see it as something so big cause as far as I know there's nothing really big thing that occurs because of that. It will be something big if the public figures have knowledge about crypto, promote it, and actually use it. Cryptocurrencies as merely as Fanclub tokens won't bring too much noise. But, it will be different if the sports institutions use cryptocurrencies as part of their system. That would be massive.

Yes, and if used as their salary payment option. That would be a big media explosion.  :D All we need are players who are open-minded to the future of cryptocurrencies and I hope it's one of the top and not just some type of memecoins that are circling around.
Although, there should be an option too, managers or owners should just use this as an option but never as a mandated thing. It could still help for slow adoption because we don't know if one person really want to be paid in cryptocurrencies unless we asked them. Some guys will be shy about telling it thinking they will be bullied being a risk taker which IMO are courageous actions.

This means that Crypto's potential is enormous. By the end of next year, there will be the biggest event, namely the 2022 world cup, my view is not only salaries but there will be many platforms that will contribute well in terms of ticket sales for accepting crypto payments.

When everyone is interested in crypto, it is only natural that crypto will be associated with anything, even sports. I think, if PSG create tokens, then it will make other clubs, or other sports will also follow the same steps. anyway, it is great for future crypto developments. it's just, you need to do some research to invest in one of them. I stayed focused on popular coins even as many cryptos and sports started collaborating.

Cryptocurrency is a payment solution that can be adopted at any services like sports. If you analyse crypto and sports both looking like brother so sports company will definitely going to relate with crypto payment. Some betting side has made cryptocurrency section for deposit and withdrawal. So crypto and sports is just like made for each other. Thank you

The only thing I can think of is that some of Lionel Messi's salary is received in crypto, namely the management of the club's promotion strategy. Lionel Messi now belongs to PSG and PSG has a token, of course the token will be easy to promote because of the figure of Lionel Messi who has a lot of fans. That is if true.

I think this is a good sign for us, but if they use crypto as a there investment that's totally game changing, but if they use crypto as a fomo and just buy low volume coin and then post this shit coin name in their profile for make money this is completely wrong, And I'm not believing in anyone for investment

The possibility of that being very possible, but it all really depends on further developments through the users, because without a lot of users, it will be very difficult to happen, especially in the world cup event there will be a special moment for that.

as far as what we have seen so far is true as you said, since Elon Musk joined the crypto community, more and more people are interested in Crypto and its adoption continues to increase, as well as the joining of football stars in Crypto, I think with the joining of a football star then he will be able to have a big influence on his fans to join the Crypto community.

In my opinion, there are actually many famous artists or people who have played in btc or other crypto. It's just that sometimes many do not want to publish their activities when trading or investing in order to maintain their privacy. But some are outspoken maybe just for promotion. The great whales used this to pump up the coins they were holding.

a progress that can give high value to crypto because athletes can be compared with other well-known public figures who have many fans and there can change beliefs about crypto..
and I totally agree that crypto can support sports progress..

Yes, hopefully what they do will have a good impact on crypto in the future and the whole world will recognize crypto as a means of online payment in all countries. especially in football circles, at least for the future every football spectator throughout the country can buy tickets by using payments using Cryptocurrency. with things like that I think Crypto will be better in its use in the future

Paid or not, exposure is still exposure to crypto. However, yes it was a form of shilling if it's about the project itself. Now up to people if they will buy the hype.

When Doge and Shiba for example, make sounds on the crypto-market, others got confused and don't know what are these coins. Still, they ended up buying those as part of taking advantage of the hype. When some got busted and wreck they now understand how crypto should be treated seriously. That's an advantage of being end up wrecked investing in crypto, these people are learning a good lesson and now know what to do next time.

Actually, many cryptos have been developed based on sports, including PSG, BAR, ATM, and many others. This shows that sports lovers are also interested in crypto. In this case, those who develop crypto from a particular club will take advantage of the sports community (fans) of that club. So the price of coins or tokens from the club is also very easy to increase, even when the match is about to start. They will use it both for betting and as a prize for the winner.
Not only that, Lazio fan tokens are also developed in the crypto market with the BSC blockchain. If we look, the maximum number of Lazio tokens is equivalent to BAR tokens, while the circulation of Lazio tokens is more.
Apart from tokens or coins from the club, they will of course rely on Bitcoin for the basic investment.

It is the trend and there will be more to come. Celebrities all over the world will endorse and join the marathon. NFT projects are the way to go for many famous people. Sport is huge for the NFT sphere. So, yes, I believe there will be a great success for projects, like the itsmyne.club one.

I think this will be an area that will be explored a lot in the future. It can be seen that there are currently a lot of coins appearing related to sports. And next year 2022 when the biggest football festival on the planet is held, I believe there will be more to appreciate about cryptocurrencies and sports.

Sponsorships and more commercial and advertisement from big leagues, we will see more adoptions that will come from this
venue, sports will help crypto a lot. We should realize more value when more known sports personalities will come out and
begin to voice out their participations inside this industry.


With them to help to recognized this industry, it will be more easier to attract more people to support this venue of investment.