Blockchain soccer gaming startup Sorare raises $50M

Blockchain soccer gaming startup Sorare raises $50M

Sorare has raised $50 million in a Series A round, bringing its total funding to $60 million. Sorare, a major blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major companies like Twitter, Instagram and DiscordThe fresh Series A round brings Sorare’s total funding to $60 million, the company told Cointelegraph Thursday.The funding round was led by Benchmark, an investment giant famous for funding companies like Twitter, Uber and Snap. Accel Partners was another lead investor, known for backing companies like Facebook and Spotify. The round....


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What is Sorare and how to play it?

Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team. Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about what exactly Sorare is and how it works.What is Sorare?Sorare is a blockchain-based fantasy soccer game adored by many soccer fans worldwide. The founders of the platform want to give fans the....

UK Gambling Commission opens inquiry into fantasy NFT soccer game Sorare

The UK gambling watchdog is trying to determine whether or not fantasy NFT soccer game Sorare should be required to have a gambling license. The Gambling Commission in the UK has opened an inquiry into Sorare, a popular NFT fantasy soccer game that raised $680M in a funding round last month“The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare.com requires an operating license or whether the services it provides do not constitute gambling.”However Sorare — which closed a $680 million funding round for its NFT trading card platform in....