French football club Paris Saint-Germain has not yet abandoned the blockchain relay, and is now ready to issue players’ collectibles in the form of rare tokens.
PSG, which plays in the first division of French football, has already partnered with blockchain platform Socios.com to launch its Fan Token Show in 2018.
This week, the club became the 100th soccer club to join the Sorares Ethereum blockchain platform.
PSG Neymar and Kylian Mbappe players, as well as veteran clubs such as David Beckham, will be coded as digital cards for the Limited Edition players. Card game results will depend on their actual performance in the soccer league tables, and it ensures the scarcity of trading cards for using blockchain technology.
News of the new partnership also coincides with the official launch of Sorare in the US, which has become the second largest market for the game in the world.
In a letter to Cointelegraph, a spokesperson for Sorare explained that the game was in closed beta testing in the US until December 2019 (by invitation only) and in open beta testing until launch on September 28.
According to Fantasy Sports and Gaming, about 60 million people in the United States participate in fantasy sports, making the market particularly attractive to blockchain subscribers.
“We believe that with 100 clubs and three of the top 10 soccer clubs in the world – Juventus, Paris Saint-Germain and Atletico Madrid – we are now on the right track to start marketing the game as a complete gaming experience.” – The actor said.
Before launching in the US, he noted that the game “needs some work, such as the score matrix and the game’s progress.”
Since its launch in March 2019, Sorare has generated $ 2 million in card sales revenue in 60 countries.
Nonfungible – a ranking place for blockchain games and non-exchangeable token (NFT) issuers – currently ranks # 5 in Sorare. It reports $ 205,131 in 7 days, compared to $ 954,231 for Cryptokitties.
NFT first became popular in 2017 with the launch of Cryptokitties, which like Sorare is based on the Ethereum blockchain. The size of the NFT group is estimated to be $ 370 billion as of July 2020.