French soccer club Paris Saint-Germain hasn’t given up on the blockchain stick yet, as the club is now preparing to release player collections in the form of rare tokens.
The top-level French football player PSG has already partnered with blockchain platform Socios.com to launch the Fan Token Offering show in 2018.
This week, the club became the 100th soccer club to join the Sorare platform for a fantasy soccer match based on the Ethereum blockchain.
PSG players Neymar and Kylian Mbappé, as well as veterans like David Beckham, will be classified as limited edition digital cards. Player card scores will depend on their actual performance at the soccer league tables, and the absence of trading cards guarantees the use of blockchain technology.
The news of the new partnership also coincides with the official launch of Sorare in the US, which has become the second largest market for the game in the world.
Speaking to Cointelegraph, a Sorare spokesperson explained that the game was in closed beta testing in the United States until December 2019 (by invitation only) and opened in beta prior to its September 28 launch.
According to the Fantasy Sports and Gaming Association, about 60 million people in the US are involved in fantasy sports, which makes the blockchain entry market especially attractive.
“We believe that with 100 clubs and three of the top 10 football clubs in the world – Juventus, Paris Saint-Germain and Atletico Madrid – we are now on the right track to declare the game a full-fledged gaming experience,” said press secretary.
Before launching the game in the US, he noted that the game “needs some tweaks, such as the score and the game progress matrix.”
Since its launch in March 2019, Sorare has generated $ 2 million in card sales in 60 countries.
Nonfungible – Ranked place for blockchain games and non-collectible and non-fungible token issuers (NFTs) – Sorare currently has a rating of 5. The turnover is $ 205,131 in 7 days compared to $ 954,231 for the top-rated Cryptokitties game.
NFT first appeared in 2017 with the launch of Cryptokitties, which, like Sorare, is based on the Ethereum blockchain. The NFT collectibles market is valued at $ 370 billion as of July 2020.