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German football club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer.
Ethereum’s blockchain-based fantasy football game Sorare, which Bayern joined this week, already has over 100 participating clubs, including high-profile names like Paris Saint-German, Juventus, PSG and Atletico Madrid.
FC Bayern Munich itself is no stranger to collaborations with blockchain projects, having partnered last fall with Stryking Entertainment to produce its players’ digital collectibles. These cards are both collectible and playable as part of a fantasy championship-style challenge.
In announcing their deal with Sorare to their fans, FC Bayern Munich noted that the top 20 world leagues are now available on the gaming platform, which has gone truly global.
Sorare works as a five-a-side football match. New players choose a starting team of 10 blockchain-based player cards, from which they create their tournament team.
As reported, Sorare also offers players the ability to purchase and trade limited edition cards, the highest score and value of which is determined by the players’ real-life performance in soccer league rankings and their rarity as digital collectibles. .
According to Nonfungible, a ranking site for blockchain games and collectible and non-fungible token issuers, Sorare is climbing the charts and gaining popularity with the global gaming community.
As of press time, the platform is in third place, with a weekly trading volume of around $ 243,000. However, in terms of all-time sales, Sorare is far behind Axie Infinity, which reports around three times the sales of the fantasy soccer market.
In a recent interview with Cointelegraph, Sorare outlined his strategy of expanding into the US market, where nearly 60 million players play fantastic sports. The platform was recently officially launched there.
Sorare was recently launched in the United States, where the platform hopes to attract some of America’s 60 million fantasy sports players.
