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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.

Blockchain

Abstraction Enters Blockchain Game Development Space with Mythical Games Partnership

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Abstraction Enters Blockchain Game Development Space with Mythical Games Partnership
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Studio renowned for technical prowess and creativity chosen as part of initial group of developers to work with new crypto-powered games platform

Abstraction, a creative game development studio based in The Netherlands, is one of the first to partner up with Mythical Games. Recently valued at $1.2 billion, Mythical Games has selected to work with Abstraction on an action-strategy game based on the developer’s own proprietary technology, which will be integrated into Mythical’s new crypto platform.

“Mythical Games is at the forefront of scarcity-driven game design, and it’s exciting to be here at the beginning with them, exploring new ways to unlock the potential of crypto-powered games,” said Ralph Egas, CEO and Founder of Abstraction. “We share Mythical’s vision for player-owned economies and NFTs and are eager to apply our extensive AAA game development experience to the Mythical Platform, leveraging blockchain technologies to help set the industry standard for play-to-earn and digital ownership within video games.”

In line with the goals of the Mythical Platform, the unnamed action-strategy game will be play-to-earn, unlocking the player’s ability to reap rewards based on NFTs (non-fungible tokens), which use the transparency and security of the digital ledger of blockchain to authenticate rare items. Built on “a private EVM-compatible sidechain,” the Mythical Platform allows players to value and sell their own in-game items. It can integrate with existing games or be part of a new game, and includes tools for trades, payments, integration with in-game inventory, and fraud protection.

“We have been working with the team at Abstraction for over a year on a prototype using the incredible simulation tech they have built,” said John Linden, Co-founder and CEO of Mythical Games. “This is the type of innovation that can completely change a game experience for the better; we believe a combination of their technology and our economic platform has the potential to create a new and exciting game economy that players will enjoy for years to come. We are excited to work with Abstraction on bringing this evolution to life.”

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Blockchain

Lega Serie A Announce Socios.com Partnership

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Lega Serie A has announced an official partnership with Socios the all-in-one influence and rewards app for sports fans across the world. Socios becomes Official Partner of Lega Serie A and Main Sponsor of the Supercoppa Frecciarossa and Coppa Italia Frecciarossa Finals.

The partnership builds on Socios’ already significant existing presence in the Italian sports industry, which includes partnerships with Inter Milan, Juventus, AC Milan, Napoli, FC Bologna, AS Roma and the Italian national team.

“We are extremely pleased to announce this partnership with Socios, a leading brand in its sector that has been working with the excellence of sports for several years now. With this agreement Lega Serie A proves once again to be ready to seize the opportunities offered by new markets, projected towards the future and innovation and careful to respond to the needs of fans around the world,” Luigi De Siervo, CEO of Lega Serie A, said.

Alexandre Dreyfus, CEO of Chiliz and Socios, said: “In 2021 we grew our network by over 500% and welcomed over a million new users to our platform.

“We’ve got bigger aims for the next 12 months, so we’re delighted to begin 2022 with this major announcement that further solidifies our commitment to the Italian sports industry.

“We look forward to working closely with Serie A, spreading the message about Socios and building up our community of superfans both in Italy and across the world.”

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Blockchain

Breaking news: Oly Sport opens Testnet to give away VR glasses and NFT horses to the best riders

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Oly Sport’s limited Testnet will last from December 28-30 with valuable gifts for the best players.

Following the set schedule, Oly Sport is ready to enter the Testnet phase in the last week of this December. Oly Sport is a horse racing game built on the Binance Smart Chain platform with a unique play-to-earn mechanism and particular horse breeding system.

After a long time waiting, Oly Sport has officially announced the first round of Testnet from December 28 to December 30. This is a critical stage to prepare for the Mainnet, so Oly Sport will give unique slots to those who have supported the project since the early days, specifically as follows:

Reward:

  • Top 1-3: Oculus Quest 2
  • Top 50: Lucky draw to win purebred horses (Total horses: 6 horses of 3 breeds, 2 of each breed)

(Except for the prize, any data at the Testnet stage will not be transferred to the Mainnet)

In addition to the rewards, Testnet participants will understand the gameplay mechanics better, how to earn $OLY from the races, and the impact of $OLY on the in-game economy. This experience will play a crucial role in improving Oly Sport’s final version for the development team.

Oly Sport is the latest project of CEO Jimmy Chan and his startup team in Canada. Jimmy Chan started with a real estate company called Odyssey 3D, which quickly grew to Top 100 companies in Ontario, Canada.

Revolutionizing traditional horse racing

Oly Sport is a game that follows the metaverse trend, solves the traditional problem using the blockchain, and is the only game that does not follow the betting like conventional horse racing. Furthermore, the $OLY token will be secured by tangible assets – natural land.

Unique horse system

The NFT horses in Oly Sport are characterized by dissimilar DNA, bloodline, genotype, generation, rarity, coat color, and genetic potential. Each horse is a different being that brings different values. That’s why Hollywood Star Lindsay Lohan spent 80,000 BUSD to buy a Majestic Sam Horse at the first auction of Oly Sport on November 29.

Outstanding economic system

Not only provides a unique race-to-earn mechanic experience, but Oly Sport also helps players become “shareholders” of real-life racecourses – something that no other NFT games can do.

Celebrity endorsement

The long-term vision and strategy of the development team have made Oly Sport more and more popular. The NFT horse racing project has received much support from prestigious sports journalist Fabrizio Romano, famous car vlogger Supercar Blondie, Shark Tank shark Kevin O’Leary.

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