![]() ![]() In essence, Sorare, with blockchain technology, makes fantasy football more realistic through the play-to-earn model. Later, Nicolas (founder) and Adrian (co-founder) gamified the experience of collecting and trading assets on the blockchain by bringing football into the mix! But now, thanks to technology, they can do it faster and with more ease. Their take was that humans have inherently collected rare assets throughout history. Nicolas and Adrian, two employees of a blockchain startup were mesmerized by the idea of empowering humans to collect goods digitally. But All That Changed With Sorare – Here’s How! For instance, in the EA premier league fantasy competition, there is no added value apart from the entertainment and fun that you receive when you compete with your friends.Īs fun as it may be, there has always been a void – the players never could own any in-game assets and trade them as they would with real-world objects like playing cards and action figures. Unfortunately, there is no real world or real life benefit of this. The winners and top performers in these competitions get to go home with profits. Pay-to-play model: You have to pay an amount to enter leagues and competitions. After all, the fight is for the bragging rights of who is the better manager! It’s ideal for friends to compete with each other without involving any money. Free-to-play model: There is no participation or entry fee. ![]() Traditional Fantasy Football: Two Basic Models Once the game is over, the person with the maximum points wins. If your goalkeeper saves a penalty, you earn points. So, if your striker scores a goal, you earn points. Then, you receive points based on the real-time performance of those players in their games. After you have formed your team, you can participate in leagues and compete with your friends. The Traditional Fantasy Football Modelįirstly, what is fantasy football? In short, fantasy football allows you to play along with your favorite football stars.īefore a matchday, you can create your fantasy team by choosing players from a pre-set list. They also plan on bringing the NFT fantasy sports model to other sports. Looking ahead, Sorare plans on widening the fantasy football community. Recently, Sorare raised $680 million in a funding round led by SoftBank, taking them to a valuation of $4.3 billion. And for the first time, you can truly own your! Blurring the lines between fantasy and reality? You bet! Today, this gamification is reaching new levels thanks to blockchain technology and NFTs (Non-fungible tokens). But wouldn’t it be better and more fun if you could earn funds and own assets in the game while you play? It created a fun medium through which we could actively become a part of the game. The introduction of fantasy football took massive strides in gamifying this passion. Whether it’s the champions league during the week or league football over the weekend, we all cheer for Messi and Ronaldo when they score goals for their clubs. What is Sorare? Here, we explain the exciting next generation of fantasy football. If you like fantasy football but are busy exploring the world of NFTs, we have just the thing for you. ![]() By buying and trading player cards as NFTs, you can participate in fantasy football competitions and earn rewards that you own as a unique asset. Sorare is free, and anyone with a passion for football can be a part of it. Sorare’s crypto gaming model for fantasy football allows players to play the game and own the in-game assets as NFTs on the Ethereum blockchain. Fantasy football is a real-time competition wherein you can create your own fantasy team from a list of players and compete in leagues with other people. ![]()
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