Sorare partners with NBA to launch fantasy game with NFTs of basketball stars

A leading company in the segment fantastic games For Web3, Sorare has partnered with the US professional basketball league (NBA) to launch a card-based game that collects in NFTs (non-fungible tokens). The connection between Sorare, the NBA and the NBPA, which represents the league’s players, was revealed in a press release issued Wednesday, the 7th.

The game will be model based free to play, but will also include digital collections in NFT (non-fungible tokens) that can either be purchased or earned by participating in various contests. you cards NBA players will also be traded on the secondary market.

A new start fantastic game da Sorare is expected to move in time for the start of the 2022-2023 NBA season, which is scheduled for Oct. 18.

Sorare is an NFT platform founded in France and based on the Ethereum (ETH) network. The Web3 company became known as a fantastic game based on football digital collections. The company raised $680 million in funding last year and is currently valued at $4.3 billion.

Sorare recently partnered with Major League Baseball (MLB) and now the NBA, both focused on expanding its user base in the US, a key market for its international expansion plans, as highlighted by co-founder Nicholas Julia and CEO. Sorare:

“Basketball is one of the most popular sports in the world, and we are excited to bring sports fans even closer to their favorite players through Sorare; basketball fans the ultimate sports entertainment experience where they can serve as technical directors, own their assets and connect with the real world.”

For the NBA, it’s another move to Web3 after the success of NBA Top Shot. The platform for publishing and trading digital collectibles of USA professional basketball history moments and memorabilia opened in beta in December 2020. So, before the explosion of the non-fungible token market, putting the NBA at the forefront of the connection between NFT, Web3 and the web. billion dollar sports market.

In less than three months, it has accumulated a trading volume of 230 million USD and remains one of the main ones to this day. drivers NFTs market despite decreasing interest in the sector during 2022.

According to NBA Commissioner Adam Silver, the partnership with Sorare provides NBA fans around the world with an additional new engagement alternative that complements NBA Top Shot;

“Our partnership with Sorare will give NBA fans a whole new way to interact with our teams and players. With Sorare’s NFT fantasy gaming platform, we see significant opportunities to expand our fan community and increase interest in NBA basketball around the world.”

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No initial investment is required to access Sorare. The first cards are distributed to players for free. From there, it is now possible to participate in weekly competitions in search of rewards capable of increasing players’ potential.

Players can collect, trade or exchange officially licensed digital cards of players from several soccer leagues around the world, including some Brazilian teams such as Atlético Mineiro, Vasco da Gama and Corinthians, or from Major League Baseball and the future NBA;

Players must assemble balanced teams to compete against other teams. The score players get is determined by the performances of their respective athletes cards in real competitions.

Sorare offers one of the best and easiest user experiences on the Web3. In other words, it is not necessary to have knowledge about cryptocurrencies and blockchain technology to use the platform. An email address is enough to create and validate a digital wallet in the game environment.

Even for those who want to get cards There is no need to use cryptocurrencies to build more competitive teams. Negotiations are conducted and measured in dollars.

Last year, Cointelegraph Brasil produced a guide for users interested in playing Sorare.

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