Sorare has processed $4.2 million in digital trading cards so far, including a Cristiano Ronaldo card that went for $102,000. A one-of-one piece by digital artist Beeple resold on trading platform Nifty Gateway for $6.6 million today. NBA Top Shot has seen over $144 million in sales in the last week. The funding will aid Sorare in developing and launching a mobile app, and help the company reach its goal of getting the world’s 20 best soccer leagues on the platform.ĭigital marketplaces are a hot commodity. The round was led by venture capital firm Benchmark, which previously made early investments in eBay, Uber, Twitter, and Instagram. Sorare, as envisioned by co-founder and CEO Nicolas Julia, is “a digital experience where football fans collect, trade, and connect with the beautiful game in a whole new way” - like managing a virtual team with digital cards. The blockchain-based digital collectible firm raised $50 million during a Series A funding round. Register to Sorare for the first time, and you’ll be offered 10 typical cards. To get set up, however, is an actually uncomplicated process. They’re all part of soccer fantasy marketplace Sorare’s push for capital. How To Play Sorare Nfts 50M Series I’ve got a lot to cover concerning gameplay, however to get the most out of this guide I’ll include it in the Sorare evaluation section. What do Reddit co-founder Alexis Ohanian, Barcelona FC forward Antoine Griezmann, and Gary Vaynerchuk have in common? Sorare, the platform for creating and trading football non-fungible tokens (NFTs), has raised 50 million in Series A.The post NFT marketplace Sorare raises 50 million in Series A led by Benchmark appeared first on The Block. Overview Organization Name Sorare Announced Date Funding Type Series A Funding Stage Early Stage Venture Money Raised 40M Lead Investors Benchmark Benchmark focuses on early-stage venture investing in mobile, marketplaces, social, infrastructure, and enterprise software.
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