Sorare Teams Up With The Premier League For Its NFT Fantasy Football Game – TechCrunch
French startup Sorare has signed a four-year licensing partnership with the Premier League. This is an important move for the company as the English football league is one of the most-watched sports leagues in the world.
Sorare is a fantasy sports gaming experience based on NFTs, or non-fungible tokens. In particular, Sorare has partnered with many football leagues so that it can create trading cards representing football players.
Each card is registered as a unique token on the Ethereum blockchain. Sorare players can buy and sell cards from other players. They can then put together a lineup of five players and earn points based on real-life performances. Sorare frequently issues new cards on the platforms that users can buy to add to their personal collections — that’s how the company generates revenue.
And the startup has been quite successful so far. It raised a gigantic $680 million Series B round and signed partnerships with many clubs and