Crypto Updates

Premier League Secures NFT Deal With SoftBank-Backed Sorare

The Premier League is joining hands with French fantasy sports platform Sorare to sell non-fungible tokens (NFTs), an indication that the sporting world hasn’t backed off from embracing digital assets despite the rout in markets. The deal gives Sorare a four-year license to sell digital sports cards of players from all 20 Premier League clubs, Sorare said in a blog today. The NFT Deal Between Premier League & Sorare The cards in Sorare’s game are bought and traded in the form of NFTs, a kind of blockchain-based asset, using either cryptocurrency or traditional currency. Paris-based Sorare raised $680 million at a $4.3

The post Premier League Secures NFT Deal With SoftBank-Backed Sorare appeared first on Cryptoknowmics-Crypto News and Media Platform.

Click Here to Read the Full Original Article at Cryptoknowmics-Crypto News and Media Platform…