Blockchain fantasy football startup Sorare raises $50m, Gerard Pique & Rio Ferdinand are investors

0
738

Blockchain fantasy football startup Sorare raises $50m, Gerard Pique & Rio Ferdinand are investors

The ultimate fantasy football game

Sorare, an application which provides digital soccer collectibles in collaboration with big-name teams, has received a $50 million investment to grow its community and launch a mobile application.

Sorare is effectively a football trading card game in which individual cards are digital products which can be traded and increase or decrease in value based upon real world performances.

These cards are tradable with other players of the game, and can be sold on the marketplace. Some, such as a Cristiano Ronaldo card, have sold for more than $100,000.

Not only is the game becoming more successful, but some major names in the sporting world are getting on board with the program. Barcelona pair Gerard Pique and Antoine Griezmann have gotten involved, along with Rio Ferdinand and Andre Schurrle.

$50 million backing

The funding for the project has come from VC firm Benchmark, who back the likes of Twitter, Uber and Snapchat.

Over 120 teams from around the world are on Sorare, including many from the Premier League, Bundesliga, La Liga and Serie A. The cards can cost serious money, and increase or decrease in value

Gerard Pique has invested $4.3 million of his own money into the project, and CEO Nicolas Julia says that having players like the former Spanish international on board will help the company to get even bigger. This happened at the end of 2020, and clearly, amid the news of $50 million funding, it has worked.

“Gerard will help us strike the best deals with the biggest sport organizations in the world,” said Nicolas Julia.

With the world of Fantasy Football always growing and becoming more popular, the potential of Sorare is certainly exciting. Maybe think about picking up the latest Kylian Mbappe card?

FPL latest: Fitness updates provided on Aubameyang & Ings

Mourinho hints that Dele Alli may think it is ‘not his job to fight’ for Spurs place


This article was edited by Conor Laird.

Arsenal betting odds, next game:

Leicester vs Arsenal odds: result, both teams to score, correct score & goalscorers

Arsenal’s latest videos

What was Ryan's initiation song? | Mat Ryan & Lydia Williams | Rapid Fire

What was Ryan’s initiation song? | Mat Ryan & Lydia Williams | Rapid Fire

Our Aussie keepers sit down with us as Rapid Fire returns! Mat and Lydia…

2021-02-24T16:58:10Z

Mikel Arteta on Saka, Partey, Holding, Bellerin and Benfica | Press Conference

Mikel Arteta on Saka, Partey, Holding, Bellerin and Benfica | Press Conference

0:00 – Bukayo Saka’s form 1:55 – Fans returning to stadiums 2:59 – Thomas…

2021-02-24T10:12:31Z

Arsenal latest news

Premier League table

# Team MP D P
1 Manchester City FC 25 35 59
2 Manchester United FC 25 21 49
3 Leicester City FC 25 17 49
4 West Ham United FC 25 10 45
5 Chelsea FC 25 16 43
6 Liverpool FC 25 11 40
7 Everton FC 24 4 40
8 Aston Villa FC 23 11 36
9 Tottenham Hotspur FC 24 10 36
10 Leeds United 25 0 35
11 Arsenal FC 25 5 34
12 Wolverhampton Wanderers FC 25 -6 33
13 Crystal Palace FC 25 -14 32
14 Southampton FC 25 -12 30
15 Burnley FC 25 -12 28
16 Brighton & Hove Albion FC 25 -6 26
17 Newcastle United FC 25 -17 25
18 Fulham FC 25 -11 22
19 West Bromwich Albion 25 -36 14
20 Sheffield United FC 25 -26 11
Player Team Goals
Salah, Mohamed Liverpool FC 17
Fernandes, Bruno Manchester United FC 15
Kane, Harry Tottenham Hotspur FC 13
Son, Heung Min Tottenham Hotspur FC 13
Bamford, Patrick Leeds United 13
Calvert-Lewin, Dominic Everton FC 13
Vardy, Jamie Leicester City FC 12
Gundogan, Ilkay Manchester City FC 11
Wilson, Callum Newcastle United FC 10
Watkins, Ollie Aston Villa FC 10
Rashford, Marcus Manchester United FC 9
Sterling, Raheem Manchester City FC 9
Barnes, Harvey Leicester City FC 9
Zaha, Wilfried Crystal Palace FC 9
Maddison, James Leicester City FC 8
Ings, Danny Southampton FC 8
Lacazette, Alexandre Arsenal FC 8
Aubameyang, Pierre-Emerick Arsenal FC 8
Soucek, Tomas West Ham United FC 8
Mane, Sadio Liverpool FC 7

Source: 101greatgoals.com