Crypto Apps, News & Updates

Sorare Joined by PSG Football Club

As Sorare – an Ethereum-driven fantasy soccer game – continues its fast growth, announcing today that it has employed 2020 Champions League finalist Paris Saint-Germain F.C. as the 100th licensed club in the game.

PSG stars like Neymar and Kylian Mbappe will be tokenized on the said blockchain. They will eventually be released in the game serving as digital cards, which the users can purchase, collect, trade, and use as a form of their fantasy squads to compete counter to other Sorare players.

Furthermore, Sorare will then tokenize some former PSG players, like David Beckham, during his time with the team in 2013. Sorare will offer player cards to purchase in different rarities, including the limited-edition cards, each of them will be proven uncommon throughout the blockchain.

As Sorare states, the corporation will also be communicated semi-regularly through PSG’s social channels. The team is also ranked 6th globally across all sports in terms of the social media presence, with more than 80 million followers across the platforms.

“Paris Saint-Germain is this year’s Champions League finalist with incredible players in the team such as Neymar and Mbappé. It’s an honor to have them join as the 100th licensed club,” Sorare CEO Nicolas Julia stated, “Having them communicate about Sorare helps onboard many new people to blockchain gaming and the Ethereum space.”

Sorare has also broadcasted today that it has officially propelled the game in the United States, indicating plans to begin marketing the game in the country and expand its footprint there.

The game is now payable in the United States, and it is Sorare’s second-largest market in terms of both the user base and the average amount of time that users have spent on it every day. The release states that the U.S. has seen 70% month-over-month growth, and Sorare will look for additional U.S. partnerships after signing the Major League Soccer players Association in June.

Sorare has detailed that the U.S. has more than 60 million fantasy sports players together with a hefty request for gathering sports trading cards. However, proving the legality of the physical cards can be a challenge. Thanks to blockchain technology, Sorare’s digital cards can effortlessly be genuine with proven insufficiency.

As reports say, Sorare now has more than 40,000 users across the globe, with an average of 52% month-over-month growth from its early 2019 debut. The revenue of the game has increased from $30,000 in December 2019 to $800,000 last month. In July, Sorare has announced that it had raised $4M in an oversubscribed seed round.

Leave a Comment

Leave a Reply