NFT: Sorare, the French unicorn, will release a game with the NBA

Get out of your way – The French unicorn never stops making headlines. After signing up with our national Zinédine last Julyr, the French flagship sets out to conquer the new world and conquer the NBA. In fact, Sorare signs with the NBA to create his official fantasy basketball game.

Sorare to launch the NBA fantasy basketball game

The National Basketball Association announced it yesterday, Sorare signs with the NBA to create his official basketball fantasy game. Web Game 3 is therefore expected to launch this fall for the 2022-2023 season. The game will be free-to-play and will include collectible NFT stickers.

The game will offer NBA fans the chance to create their own basketball team with their favorite players. These interactions with the league will allow them to compete using non-fungible token technology (NFT). They will be able to earn points based on the actual performance of NBA players. Thanks to this partnership, Sorare will be able to use the official logos of the championship and of the teams.

NBA signs with Sorare – source: NBA

The NBA is not on its first try. It has very quickly followed in the footsteps of cryptographic technologies and the possibilities offered by non-fungible tokens. For example, in April 2022, the American National Basketball Association formalized the release of its NBAxNFT series which positioned it as the «Official Web3 starting point for the NBA “.

“The NBA has been at the forefront of digital experiences and collectibles, and our game offers basketball fans the best sports entertainment experience, where they can play as a general manager, own their own game, and foster connections with the world. real. “

Nicholas Julia, co-founder and CEO of Sorare

>> Like Kylian Mbappé, come and experience your passion for football by discovering Sorare (commercial link) <

What is Sorare: Zebra? Unicorn? The two ?

Will we do all the animals in the registry? no, don’t worry at all. In the language of “Newspeak” or “startup” – however appetizing the latter – we speak of “zebra” for a company that is peacefully building its growth with a profitable business plan validated by the market. Instead we will talk about Unicorn for a company whose value is estimated at one billion dollars.

And yes, a billion euros: that’s a lot of euros. However, it is not uncommon for these valuations to be the result of speculative bubbles. Investors who run, for fear of missing out on a golden opportunity. John Maynard Keynes – harsh critic of the financial markets – would speak of herd behavior. However, in cryptocurrencies we know this phenomenon best as “FOMO”.

In the past, many successful startups have turned out to be scams. Do you know the Wework scandal? Estimated at $ 20 billion in 2017, the company did not file for bankruptcy in 2020.

However, Sorare appears to be well established. appreciated at $ 4.3 billionin June 2022 Sorare’s number two, Thibaut Predhomme, said the company was profitable. This profitability allows it “to have a future in the future”. The platform boasts 1.8 million users worldwide as well as 250 partner clubs and sports organizations.

Again according to Thibaut Predhomme the company reported growth of 200% in the first half of 2022. He had announced at that time an ambition to extend to American sports and a desire to be in partnership with the North American Baseball League (MLB). For now, the young entrepreneur keeps his promises.

“Sorare has created an innovative gaming experience that creates a whole new way for fans around the world to interact with our players and learn more about them. […] We are very excited about this partnership and the effect Sorare will have on player and game growth globally. “

Tamika Tremaglio, managing director of the NBPA.

If the statements of profitability are to be taken with tweezers, for the moment: coco rico. In fact, Sorare seems to have brilliantly conquered America. It is said that when you sign with Mbappé, you start running as fast as he is. (I don’t even need a sand yacht, oops)

Sports enthusiast? Collect the cards of your favorite NFT players and manage a team of winners. Ready to live a unique gaming experience? Register today on Sorarethe queen platform of the round ball (sponsored link).

Leave a Comment