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Sorare, a Web3 fantasy-sports firm, now accepts fiat payments for its digital trade cards instead of requiring customers to only purchase in ETH. Managers (participants) in the Sorare blockchain-based game may acquire and transfer non-fungible tokens (NFTs) representing professional athletes to form teams for tournament participation. The platform has licensing
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With [...]
The post NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap appeared first on Crypto Breaking News.
On Sunday, a 1/1 NFT card of Giannis Antetokounmpo sold for $187,000 in Ethereum, setting a new record for the
Sorare kicks off a multi-million dollar licensing deal with Premier League to introduce players as NFTs in its fantasy soccer game.
Continue reading Web3 Startup Sorare Scores Mega Deal with the Premier League at DailyCoin.
Under the terms of the multi-year deal, the Premier League will licence official player cards to Sorare, a $4.3 billion
The World Cup is about to end, while Sorare barely took advantage. Is it still good to play NFT games? Let's analyze in this Sorare review.
One of the world’s best soccer talents and a current member of the Paris Saint-Germain soccer club, Lionel Messi, has
Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. (Read More)
Lionel Messi will participate in non-fungible token-exchange French fantasy soccer game Sorare as an investor and brand ambassador.
Continue reading Lionel Messi Joins Fantasy Soccer NFT Game Sorare at DailyCoin.com.
Premier League, one of football's largest organizations globally, is planning to talk with its teams about a proposed multi-year contract with Sorare for digital collectables. (Read More)
LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is “competitive”.
Bitget exchange has inked a partnership with football legend Lionel Messi (Read More)
Blockchain tech is going to bat for MLB with NFT memorabilia starting to bring sentimental value for fans
The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space (Read More)
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Basketball fans are in for a treat as Sorare NFTs are finally picking up the orange ball
To enhance the fan experience and render more interaction, the National Basketball Association (NBA) has partnered with the web3 fantasy game platform Sorare. (Read More)
The NBA and National Basketball Players Association (NBPA) just announced that they would team with Web3 firm Sorare to build the first NFT-based fantasy basketball game.
Sorare has partnered with Major League Baseball to create a fantasy baseball game featuring Non-Fungible Tokens (NFT). (Read More)
If you don't know what Sorare crypto is, stick around till the end of this article. We're going to see what Sorare is, and why investing early in this project might be a good idea.
Non-Fungible Tokens are proving to be here to stay. After many ups and downs, most NFTs still hold their values irrespective of the cryptocurrency market. When you hold something valuable for you, its value should be preserved. This is especially true if you're holding something on a blockchain. Many projects tried to start selling NFTs art and NFT cards, but few are the ones that have mainstream adoption.
Sorare is a company that tapped into NFT cards but at the same time has mainstream exposure. Unlike other NFT projects that sell chipmunks and lame art, Sorare is bringing a game loved by Millions if not Billions: Football.
What is Sorare Crypto?Sorare is a French Fintech startup that allows users to build their own digital Football teams. Founded in 2018, the company first had the idea of creating an NFT marketplace of collectible cards for various football players and football clubs. This led to a first-round of series A financing of around 40 million euros. This year in September 2021, the company closed the second round of series B financing and got around 680 million euros. This was made possible thanks to several big names such as the Japanese FinTech SoftBank, alongside other venture capital funds, such as Benchmark, Accel and Headline, Atomico, Bessemer Venture Partners, and D1 Capital.
https://twitter.com/sorare/status/1440185757319110661This significant valuation drew the attention of the French president Emmanuel Macron, who directly posted about the event on his private Linkedin account. He praised the french FinTech scene and specifically Sorare for being able to breakthrough and lift the country's name higher.
Translation: Starting the year strong, nothing less than a new record (French and even European) of fundraising for French Tech! France counts with Sorare, the start-up of exchange of digital football cards, a new "unicorn". Let's continue to empower our entrepreneurs to build digital champions! - Emmanuel Macron
How many Football Clubs does Sorare host?To date, Sorare boasts more than 200 clubs officially licensed. They also add new clubs every week, which keeps the momentum of the company strong. Usually, whenever you have a company that is active and always stays up-to-date, this is a great sign of a solid team behind the company.
Additionally, the company has to date 38 covered leagues. All those achievements are done thanks to strategic partnerships across clubs and associations. That's why this project looks like a promising investment.
What are the Rarities of the Cards?Currently, there are 4 rarities for the Footballers' cards on Sorare:
Each collectible card of a footballer shows his name, country, age, position, and rarity.
Is Sorare a Good Investment?Usually, investing in a company that is just starting to shine and is still somewhat underground is the perfect investment. For Sorare, not only did the company tap into a hot industry (Blockchain and NFT), but the French President praised the company worldwide, which gives significant credibility to the company. Usually, NFTs are somewhat underground, and presents insignificant "bad art". Sorare played it smart and combined all the big elements that would bring it to the mainstream: Football, Football clubs, Fans, Coaching, and NFT.
If the company continues making great partnerships and delivers on its promise to continue in its tech operations, the project will most likely succeed and yield its early investors big time.
Sorare Crypto© Cryptoticker
The post This NFT Company got PRAISED by the French President Macron…Meet Sorare! appeared first on CryptoTicker.
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