2023-01-30 13:25:36

Premier League Secures NFT Deal With SoftBank-Backed Sorare

The Premier League is joining hands with French fantasy sports platform Sorare to sell non-fungible tokens (NFTs), an indication that the sporting world hasn’t backed off from embracing digital assets despite the rout in markets. The deal gives Sorare a four-year license to sell digital sports cards of players from all 20 Premier League clubs, Sorare said in a blog today. The NFT Deal Between Premier League & Sorare The cards in Sorare’s game are bought and traded in the form of NFTs, a kind of blockchain-based asset, using either cryptocurrency or traditional currency. Paris-based Sorare raised $680 million at a $4.3 The post Premier League Secures NFT Deal With SoftBank-Backed Sorare appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.