Softbank enters the world of Nft, i non-fungible tokens related to football, with a $ 680 million investment in a French startup that creates and markets football-inspired digital collectibles.
The company is called Sorare, was founded 3 years ago and after this investment has seen its value soar over 4 billion: the company, which is based in Paris and has debuted an online game of the same name that is also very popular in Italy, announced the investment in a post published on Medium.
Tutorial
How to create an NFT and how to sell it online
by Emanuele Capone
The game is a kind of a one middle ground between Fifa Ultimate Team and fantasy football: whoever plays can create a team from scratch, with real players. With one difference, though: Sorare creates teams and trades players on the Ehtereum blockchain, the second largest cryptocurrency in the world by capitalization, with features that make it suitable for contracts and for the trading of digital objects. The players of the football teams on Sorare, just like in fantasy football, they earn points based on their performance and those who play can buy or sell the digital playing cards that represent each player, with the advantage that the exchanges are guaranteed by the Ehtereum blockchain, as well as their possible economic value.
.