Sorare teams up with MLB on NFT-based fantasy sports
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Sorare has teamed up with Major League Baseball and MLB Players to launch the first Major League Baseball NFT-based free-to-play fantasy baseball game.
The game is a fantasy baseball title that will be released this summer. Fans will create teams with NFTs representing Major League Gaming players. Then they can enter tournaments and see the results based on how players do in the real world. Players can start with free card, but they have the option to pay for NFT cards. They can keep playing with these cards and earn rewards or resell them on the marketplace for real money.
Sorare has had great success with its fantasy soccer game that uses non-fungible tokens (NFTs). This type of partnership is why Sorare was able to raise $680 million on a $4.3 billion valuation in a deal with SoftBank last year.
Sorare generated more than $325 million in sales in 2021 — a +3885% YoY growth rate compared to 2020. It has experienced 32% month-on-month active user growth, over the past 12 months.
As the Official NFT Baseball Game Partner of MLB, this partnership with Sorare gives fans a platform to celebrate, share and own their MLB passion through gaming, Sorare said. For Sorare, this partnership expands its unique concept beyond soccer for the first time.
“The connection between Americans and baseball is enduring. And baseball has always been on the cutting edge of new technologies and innovations, so we’re proud that MLB and the MLBPA have chosen Sorare to deliver an NFT MLB Game to fans globally,” said Nicolas Julia, CEO of Sorare, in a statement. “MLB has been at the forefront of interactive games for decades, while baseball has
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