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    Home » Blog – Latest News Today
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    Premier League backs Sorare’s NFT fantasy football game despite crypto crash

    WTX NewsBy WTX NewsJanuary 31, 2023Updated:January 31, 20231 Min Read
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    Premier League backs Sorare’s NFT fantasy football game despite crypto crash
    Premier League backs Sorare’s NFT fantasy football game despite crypto crash
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    Premier League backs Sorare’s NFT fantasy football game despite crypto crash

    Financial Times says The English Premier League has struck a multimillion-pound deal with Sorare, the blockchain-based fantasy sports game, as the world’s most popular football league bets that trading in digital collectibles will survive beyond the current crypto slump.

    Paris-based Sorare — which is backed by star players including Kylian Mbappé and Lionel Messi — announced a four-year licensing contract with the Premier League on Monday. Users will be able to collect and trade digital cards representing players from all 20 English top-tier teams and use them in its fantasy football game.

    Sorare will pay the Premier League tens of millions of pounds a year to secure the rights, according to people familiar with the agreement, with each year’s final payment dependent on performance.

    https://www.ft.com/content/98229ed8-2867-40a5-a22d-b079fb563479

    CryptoCurrency featured Football NFTs
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    The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

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