NFT platform Sorare sets to invest in women’s sports
Sorare, a nonfungible token (NFT) marketplace, is aiming to be a key player in bridging the gap between sports and digital entertainment following a $680 million fundraising round. Sorare stated that the extra funding will be used to expand the company’s business through new employees and collaborations, as well as promote community-led projects . Sorare […]
Sports NFT projects raise almost $1 million in a week
In the space of one week, tokenized sport collectibles projects have received about $930 billion in financing. Dapper Labs intends to launch more licensed collectibles in music, entertainment and other sports. Dapper Labs, the company behind the Flow blockchain and the wildly famous tokenized basketball collectable, NBA TopShot, announced a new investment round led by […]
NFT fantasy soccer game Sorare raises $680 million from funding
Following the recent funding round of $680 million, Sorare is now valued at $4.3 billion. With the funds, the platform plans to delve into other sports, onboard women’s soccer teams, and open a U.S. office. Sorare, an Ethereum-based fantasy soccer game based on NFT trading cards, has seen a considerable increase in player numbers and […]