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Fantasy football platform Sorare officially launches out of Beta in the UK as Paris-Saint Germain joins the platform

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Fantasy football platform Sorare officially launches out of Beta in the UK as Paris-Saint Germain joins the platform
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Paris Saint-Germain, the 2020 Champions League Finalist, and Sorare, the global fantasy football game, has signed a partnership to create digital collectibles of PSG players making it the 100th club to join Sorare

The UK ranks 5th in terms of total number of Sorare users, and number one in terms of total time spent on the platform per user, a reflection of the country’s appetite for Fantasy Football

The announcement comes as a first step in Sorare’s ambitious plans to partner with leading football teams and clubs in the UK, as its revenue increased twentyfold in the last 12 months

As part of this partnership with PSG, Sorare will gain the rights for ‘legendary players’ from 2013, including David Beckham

Paris, September 29th, 2020​- Global Fantasy Football platform Sorare announces today that it officially launches in the UK, paving the way for significant partnerships with UK-based football teams

and clubs. Additionally, starting​ today and following PSG’s partnership with Sorare, collectors and gamers in the United Kingdom and elsewhere will now be able to freely buy, sell, and play with limited edition digital player cards of PSG players such as Neymar and Kylian Mbappé. This also includes historic players from 2013 such as David Beckham. Since its launch in early 2019, the platform has grown an average of 52% month on month, and today counts over 40​.000 users worldwide.

Through organic growth alone, the UK has quietly grown into Sorare’s 5th largest market in terms of user base, sustained by a 70% month on month user growth in the country. The UK is also ranked the number one market as far as time spent on the platform, with an average of 1h25 mins per day per user. Sorare’s organic growth in the UK is a reflection of the country’s appetite for Fantasy Football, with Fantasy Premier League reaching close to 8million users, and more than doubling in the last 4 years. Today’s launch comes in response to the significant user demand from the market, and serves as an additional step in consolidating Sorare’s plans to secure partnerships with leading teams and clubs in the UK.

Nicolas Julia, CEO at Sorare, said:​ “We​ are delighted to officially launch in the UK today, getting Sorare one step closer to closing game changing partnerships with major teams and clubs in the country. The​ European Fantasy Football market was estimated at close to USD 900M per annum1 in 2018, and expected to double in the next five years. Expanding into more European markets early on in our growth is a strategic step for Sorare both in terms of market acquisition and brand recognition with users, football teams, and investors alike. With the inclusion of PSG to the platform, football fans in the UK and elsewhere will be able to leverage their football knowledge to play as a strategic manager and compete for rewards with skin in the game. PSG fans will be able to join the economy of their passions in a way that wasn’t possible before Sorare’s global fantasy football.“

The company is using blockchain technology to​ create digital scarcity and establish who owns the digital card of a player at any given time. It creates a new level of trust and freedom for collectors. The cards are more than just collectibles: they are useful in Sorare’s global fantasy football game to compete every weekend and fight for the best rewards.

Paris Saint-Germain is embracing Sorare’s vision to become the go-to fantasy game to increase the enjoyment of live football. PSG fans will be able to play with their favorite footballers by using their cards in their team. The score of the player card will depend on the performance of the player in real-life, would it be a Ligue 1 game or a Champions League game.

Andre Schurrle, early investor in Sorare, said​: “Today’s​ UK launch is a major milestone for Sorare. Anyone remotely interested in football knows that the UK is home to some of the best teams and players in the world. I can’t wait to see Sorare announce UK Premier League teams and players in the coming months. Additionally, the inclusion of Paris Saint-Germain on the platform, a top division team in French and international football, is huge news for Sorare’s user base. As Sorare players know, the game is based on the real life performance of players, and from today, anyone on Sorare can purchase or trade cards from an outstanding team including world famous players such as Mbappe, Neymar and more. I stand behind Sorare’s mission to become the go-to platform for Fantasy Football and today’s announcement is yet another proof that the company is well positioned to execute on its objective.”​

PSG is joining 99 other football clubs from Europe, the United States, and Asia have partnered with Sorare to issue officially digital player cards, amongst them Juventus and Atletico de Madrid. Through these partnerships, Sorare is able to create the first truly global fantasy football experience. Fantasy players can create a lineup with a Ligue 1 midfielder such as Neymar, a Serie A striker such as Cristiano Ronaldo, a La Liga goalkeeper such as Jan Oblak and a Bundesliga defender such as Sven Bender.

The game was launched in March 2019 by two experienced entrepreneurs, Nicolas Julia and Adrien Montfort, that saw the potential of blockchain technology to create a new category in the sports gaming industry. Sorare has generated USD 1.5 million of revenues from the sale of cards across 60 countries in just over 12 months. It is ranked as the blockchain game with the most volume according to nonfungible​​.

Fabien Allegre, Merchandising and Paris Saint-Germain Brand Diversification, explains​: “Paris Saint-Germain is the new generation club. We are driven by our values of competitiveness. At the forefront of innovation, we are always looking ahead, looking to the future, to offer our fans new experiences. To constantly improve them, and to offer better coverage for our brand, Sorare will enable us to reach out to new, young communities, especially in Asia and America. We are proud of this new collaboration”.

See all licensed clubs on Sorare here.

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Torque Squad ready for MotoGP debut

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Torque Squad ready for MotoGP debut
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The Torque Squad, part of the Motorverse Corporation and subsidiary of Animoca Brands, is heading to MotoGP for the first time as it prepares for the MotoGP™ Monster Energy British Grand Prix this weekend.

It promises to be a huge weekend all round, with South African Brad Binder, MotoGP rider and Torque Squad Ambassador, taking centre stage at Silverstone. The 26-year-old is currently sixth in the standings with one podium achieved so far this season and will be hoping for more this weekend.

What’s more, a number of Torqies have secured their VIP experience at the MotoGP™ Monster Energy British Grand Prix via both REVV Motorsport Discord and Torque Squad Discord.

The lucky winners will get to experience the following:

  • Paddock Tour on Saturday and Sunday
  • Pit Lane Walk on Saturday and Sunday at scheduled times
  • VIP Raffle Prize: MotoGP™ Official Merchandising / Pit Wall Experience
  • Bike Simulator
  • Expo-Show Bike
  • MotoGP™ World Champions Trophy Photo Opportunity
  • Meet & Greet/Q&A Session with MotoGP™ Championship riders
  • VIP Shuttle Shopping Experience

This marks the latest step for Torque Squad and Animoca Brands as they build on a growing partnership with MotoGP™.

MotoGP™ also recently announced Animoca Brands as the title sponsor for MotoGP™ Gran Premio de Aragón and Australian Motorcycle Grand Prix.

Matt Solomon, Motorverse Co-Founder and CEO, said: “We’re incredibly excited to be getting involved in MotoGP. There is no brand more distinguished when it comes to motorcycle racing, and it’s great to see the Motorverse developing, whether it be racing on two wheels or four wheels.

“From our virtual world to the Silverstone circuit, our Torqies are in for an amazing experience this weekend as our NFTs continue to deliver true utility across multiple areas.”

Earlier this year Motorverse Corporation announced the launch of Torque Squad – a collection of 8,888 racing avatars NFTs called “Torqies”. Torqie NFTs are generated with individually styled details and intricate hand-drawn artwork to delight motorsport enthusiasts.

These Torqies will act as the entry point to the Motorverse ecosystem, which is partnered with the REVV Motorsport ecosystem and is adopting the REVV Token as its ecosystem utility token.

Additionally, various REVV ecosystem NFTs will be supported in several of the upcoming Motorverse experiences in both the real and virtual worlds of motorsport.

The Torque Squad project has also partnered with numerous top racers from across the world of motorsport, including Juan Pablo Montoya and his son Sebastian, Joey Logano and Rene Rast, as well as Binder.

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Entropia Universe Collectibles Feature in Prelaunch for Enjin’s NFT.io Marketplace, With Over 250,000 Unique Visitors Accessing Platform

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Enjin, the leading ecosystem for non-fungible tokens (NFTs), has teamed up with MindArk to launch the “Eggs of Entropia”, completing a technical test for NFT.io, the next-gen NFT marketplace. Based on the massively multiplayer online role-playing game (MMORPG), Entropia Universe, the Eggs are being sold in a series of auctions exclusively on NFT.io, with over 80,000 signups to the auction waiting list to date.

Entropia Universe, first released in 2003, is a science fiction-themed game famous for an in-game economy with unrivaled player ownership, and prominence for high-value digital items that predated the blockchain era. The “Eggs of Entropia” collectibles will hatch into a unique companion, with an opportunity to earn affiliate rewards.

Witek Radomski, Enjin’s CTO and Co-founder commented, “Entropia Universe has one of the most robust, real cash gaming economies and the ideal blueprint to incorporate blockchain-enabled assets into gameplay. The use of Enjin’s technology represents an important milestone for player-owned economies. One that sets the stage for intensely compelling gaming models. In this case, players with an Egg of Entropia from NFT.io will have access to a rare in-game sidekick and a chance at earning rewards.”

David Simmonds, Chairman of the Board of Directors at Entropia Universe, commented “Entropia Universe aims to enrich virtual gaming experiences by providing a multitude of paths for players to develop their avatar. The addition of Eggs of Entropia will expand on these opportunities for avatar development, letting the winners take ownership and have a tangible impact on the in-game economy. The integration of Enjin’s NFT.io marketplace is crucial to this feature, bringing Entropia into Web3 without sacrificing the user experience.”

An Entropia Universe account is required to deploy the Eggs of Entropia, with accounts available to set up here. Currently, the Eggs are available on the Ethereum network and will later be made compatible with Efinity, the energy-efficient Polkadot-based parachain. For further information on the auctions and to find out when the next auction in the series is taking place, please visit the official Entropia NFT.io drop website and Eggs of Entropia blog post.

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GEMS to Launch on Top Launchpads

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Esports 3.0 Platform GEMS has announced that it is to launch on top launchpads including Polkabridge, Formless and Blokpad.

GEMS, the first blockchain Esports platform that provides comprehensive services, currently has more than 80 blockchain and Esports companies as partners, most of which are pioneer, top-tier investors or leading players in the industry.

The platform will leverage its Esports hotels chain in South East Asia by integrating GameFi, Metaverse and SocialFi elements. GEMS spurs the innovation and evolution of the Esports industry and serves as an Esports 3.0 aggregator platform with its five core business pillars including NFT marketplace, DeFi facilities, Fanfi studio, Communities 3.0 and Play-To-Earn Arena, creating a robust and extensive ecosystem for different participants and stakeholders.

The GEMS token is designed to empower the GEMS ecosystem. The token will function as a medium of exchange and a rewarding token, along with featuring governance properties. GEMS token holders will gain access to various membership tiers, exclusive NFTs, Esports tournaments and PVP Arena battles. GEMS token will be the medium of trades on the NFTs marketplace and be used to reward users through the FanFi Studio platform. Holders will also be able to engage in DAO governance, along with its voting function on important platform decisions.

“We believe that the marriage between Esports and blockchain technology will give birth to considerable opportunities, and create further use cases that benefit both fields. The current market of gaming is at an all time high of 3.24 billion, and 300 million are professional Esports players. With our digital gaming services, gamers and players from Esports and GameFi areas could join and utilize our platform for multiple monetization in this sharing economy,” Andy Koh, CEO of GEMS, said.

“Tokenomic and services of the platform are the primary point of focus for us. While honing the products and improving services, we also endeavour to create a well-designed tokenomic to boost the activity of the ecosystem and provide well-functioned platform token to facilitate stickiness of participants,” Andy added.

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