NFT Fantasy Game Sorare goes partnership with Premier League for multi -year license contract - News

Sorare, a NFT (non-foamable token) based in Paris, has concluded a contract with the Premier League, the first soccer league in the United Kingdom, to make teams and players in the league part of their squad. According to reports, the multi -year agreement includes payments of several ten million pounds per year to the league.

Sorare takes the Premier League into its platform

sorare, a startup based in Paris for fantasy nft games, has Completed a contract with the football premier League of the United Kingdom, for its similarities To use part of your game platform. The app users can build their own teams with players and teams of the above league. With this agreement, Sorare has five of the most important European leagues on its platform, including the first Spanish football league, the Spanish Laliga.

While the NFT model was faced with several difficulties due to the downturn on the cryptocurrency market, Sorare enables everyone to list players as part of their fantasy teams without having to buy their collector's items in a free-to-play game mode. Sorare-CEO Nicolas Julia changed because 87 % of the players do not spend any money on the platform.

The deal had to be kept secret, since the Premier League also negotiated with other platforms about similar agreements. According to Sky Nachrichten will replace the deal with consensys, one, one Ethereum software company that was dropped last year.

There were no official announcements to be paid, Financial Times "Tens of million pounds per year" includes, with each payment dependent on the performance of the app. The deal also enables the Premier League to participate in the fantasy startup.

sorare recorded significant growth in 2021, raise US dollar in September as part of his funding round Series B, which was directed by Softbank. At this point, the company reached an evaluation of more than $ 4 billion.

In September last year, the company Starting NFT-based game with players and teams from the league. In addition, in November the Argentine football superstar Lionel Messi an investor was and Ambassador of the Sorare brand.

What do you think about the deal that Sorare has completed with the Premier League? Tell us in the comment area below.

Sergio Göschenko

sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game and entered the cryptosphere when the price increase took place in December 2017. He has a background as a computer engineer, lives in Venezuela and is affected by the cryptocurrency boom on a social level. It offers a different perspective on the crypto success and how it helps those who have no bank account and are under-supplied.

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