The platform has no individual artwork listings. Sorare Marketplace FocusĪs mentioned above, Sorare NFTs are focused on passionate football fans. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known). Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. These tokens are stored cryptographically in a blockchain network for authentication and validation. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.Īlthough NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. Something which is fungible is replaceable. NFT is an acronym for “Non-Fungible Tokens”. What is an NFT Marketplace?Īn NFT Marketplace is a marketplace for NFT. Crunchbase also claims that in December 2020, Sorare sold close to USD 1.8 million worth of digital cards. The company behind the digital collectables, Sorare SAS, is incorporated in France and since its inception, the company has raised just short of USD 60 million (approximate €49 million). ![]() Sorare was launched in 2018 on the Ethereum blockchain network. Sounds Interesting? You can sign up here. It is a perfect bridge between fantasy football and the live on-field action. And the coolest thing about Sorare Marketplace is that you earn points based on the actual on-field performance of players. ![]() The global fantasy football NFT collection will let you build and manage your squad using digital collectables. Sorare Marketplace is an NFT marketplace dedicated to football lovers and enthusiasts around the globe (also known as "Soccer", if you are from the U.S.).
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