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In the letter
- Crypto Fantasy Soccer Sorare game added FC Bayern Munich.
- Sorare players can buy and sell NFT-based digital cards of team players.
- Sorare has more than 100 licensed teams and recorded over $ 1 million in sales in October.
Reigning Champions League and Bundesliga champion FC Bayern Munich is the latest professional football team added to Sorare, the Ethereum blockchain-based fantasy football game that now has more than 100 licensed teams on board.
Starting today, Sorare players can buy and sell digital cards based on top FC Bayern Munich players such as Manuel Neuer and Thomas Müller, as well as use them in their playing formations. Sorare allows players to accumulate cards, which are unique and non-fungible tokens (NFTs), from all authorized teams and leagues, earning points based on each player’s respective real-world performance in the competition that week.
FC Bayern Munich is another high-profile addition for Sorare, who have so far added teams like their Champions League final opponent Paris Saint-Germain alongside Juventus, Atletico de Madrid and dozens of others. Sorare also has deals with J.League Japanese as well as the United States Major League Soccer (MLS) Players Association.
But as the best club team in Europe, and probably the world—Bayern Munich is Sorare’s highest score so far.
“Sorare is a unique gaming platform that combines two strong trends in sports licensing: fantasy football and digital collectibles,” said Benjamin Steen, Head of Customer Care, FC Bayern Munich’s Digital Licensing & Stadium Decrypt. “With a young, growing and international user base, it was obvious that a club like FC Bayern Munich was present alongside this fantastic blockchain game.”
In addition to the team’s latest license acquisition, Sorare also shared updated data suggesting continued growth for the Ethereum-based experience. According to the company, more than $ 1 million worth of cards were sold on the platform in October alone, with the total since the December 2019 beta launch now exceeding $ 3.7 million. The Sorare platform now has 45,000 users around the world.
At the end of September, Sorare announced that it was start a wider US push for gaming, which already counted the United States as the second largest market. The company also plans to seek additional US licenses following the June announcement of the MLSPA agreement. In July, the company announced a $ 4 million seed round oversubscribed which included the participation of former German club player and World Cup champion André Schürrle.
Whether in Europe, America, Asia or elsewhere, Sorare CEO Nicolas Julia suggests Sorare is an ideal way to introduce the more than 100 million FC Bayern Munich supporters around the world and the benefits of crypto gaming to Ethereum.
“In the summer of 2018, my co-founder Adrien [Montfort] and I decided to leave our company to pursue our deepest internal drive: to bring a crypto product into the hands of millions of people, “said Julia.” We were fascinated by the emergence of non-fungible tokens and were convinced that they will drive the next wave of consumer adoption “.
Given the recent growth of the platform, they may be right.
