English Premier League partners with this blockchain fantasy sports platform to mint Ethereum-based digital player cards – Cryptopolitan

by Arthur · January 31, 2023

Sorare, a blockchain-powered fantasy sports platform, has partnered with the English Premier League (EPL) to create Ethereum-based digital player cards for their platform. By offering users unique and exclusive trading opportunities for Non-Fungible Tokens (NFT) on various marketplaces, Sorare is spearheading exciting use cases for Ethereum-based fantasy sports and digital card collecting. This collaboration allows football fans around the world to create, collect and exchange virtual versions of their favorite players’ cards with each other.

After officially declaring the partnership on 30 January, a Sorare representative commented that talks between them and the league have been ongoing for some time.

In 2019, Sorare made a major breakthrough in the EPL network by signing West Ham United as their first English club partner. According to reports, the two parties have agreed to a four-year deal with undisclosed contract values due to contractual reasons. This agreement will surely benefit both sides in the years to come.

The company spokesperson also clarified how this deal would be structured, with Sorare making an initial payment to the league in exchange for licensing rights. Subsequently, part of the profit from the sale of digital cards will be shared between Sorare and the Premier League.

Sorare is a unique platform that creates digital cards for EPL players on the Ethereum blockchain. They have used the ERC-721 token standard for their Non-Fungible Token (NFT) player cards, allowing fans to collect and trade these tokens and use them in fantasy sports leagues.

Sorare is also launching digital EPL cards, available for purchase before they can be traded on recognized marketplaces such as OpenSea. Uniting fans, players and organizations through blockchain technology has been the mission of the fantasy sports platform.

For Sorare, this innovative technology connects users with their favorite teams and clubs. We’re excited to see it create the next generation of sports fanatics and entertainment experiences.

Hurt

In recent years, Non-fungible Tokens (NFTs) have become highly sought-after commodities, from digital trading cards and sports highlights to NBA Top Shots skyrocketing in 2021. Football leagues around the world are increasingly taking advantage of blockchain-based platforms for their collectibles. .