Best P2E Games

Premier League and Sorare Partnership

Premier League and Sorare Partnership

Game Review 

Premier League and Sorare: A Thriving NFT Fantasy Soccer Partnership Amid Crypto Market Volatility.

The Premier League has inked a multi-year agreement with Sorare, the $4.3 billion fantasy soccer game. The agreement grants the blockchain NFT game access to official player cards from the world’s leading soccer league. Under the exclusive multi-year deal, players of Sorare can purchase and use official NFTs licensed by the Premier League. This is official now and will open the Web3 niche to hundreds and thousands of new potential gamers.

Paris-based Sorare, a startup with 3 million global users, enables people to play fantasy five-a-side soccer games. The game lets players win where success is determined by real-time player performance on the field. Sorare announced the launch of two new features in the game. Namely, the option to play with league-specific player cards and a “financial fair play” feature to prevent users from assembling all-star teams.

Sorare NFT Blockchain Game in Talks with Premier League

Rumors of Sorare‘s talks with the Premier League for a licensing agreement emerged in Oct 2022. Sorare CEO Nicolas Julia said the deal took longer to finalize due to the Premier League’s existing NFT licensing contract with another company.

Sky News reported the deal was worth £30 million, but Sorare CEO Nicolas Julia declined to reveal the financial details or length of the agreement. This news comes despite a recent decline in NFT trading activity.

The Partnership between Premier League and Sorare Happens Amidst Crypto Winter

The value of NFTs (non-fungible tokens) has declined during the “crypto winter,” a downturn in cryptocurrency prices. This which has been exacerbated in recent months by the bankruptcy of major exchange FTX.

CryptoSlam data shows that the average selling price of an NFT in December 2022 was $143.22, a 63% drop from $383.73 in December 2021. Trading volumes have also significantly decreased, with overall NFT sales plummeting 78% in December to $678.2 million from $3.1 billion the previous year.

According to CEO Nicolas Julia, Sorare has experienced a distinct trend compared to the rest of the NFT market. Exchanges of cards on the platform totaled $500 million last year, nearly doubling from $270 million in 2021. However, the company has observed a change in player behavior, with more players opting for the “free-to-play” mode, instead of using paid cards. Julia stated that 87% of Sorare players do not spend money on the platform.

Sorare’s Run During Crypto Decline

This raises the question of Sorare’s business model sustainability, as most users don’t engage in transactions. Julia stated that the high spending power of a few users is sufficient to support the company’s revenue generation. Sorare takes a cut of all transactions through its platform, the amount of which is not disclosed.

As per CryptoSlam data, Sorare is the third-largest NFT collection globally. CryptoSlam reported that the company processes about $1 million in transactions per 24 hours.

Esports Embraces Cryptocurrency

The Premier League’s partnership with Sorare is part of a growing trend of sports leagues forming alliances with cryptocurrency platforms. Sorare has previously announced partnerships with Major League Baseball and the National Basketball Association.

Some partnerships, such as Crypto.com’s naming rights for the Staples Center in LA and FTX’s now-ended sponsorship of Miami-Dade Arena, fell through due to the decline in cryptocurrency prices.

According to Julia, Sorare is protected from the impact of the crypto crash on sports advertising as the company concentrates on licensing intellectual property rather than sponsorships.

Sorare, valued at $4.3 billion in Sept. 2021 by investors, is supported by major names. Some of the names are SoftBank from Japan, Accel, and Benchmark venture capital firms. Some sports legends like Lionel Messi, Serena Williams, and Kylian Mbappe are shareholders in Sorare.

Sorare Faces Regulatory Challenges

However, Sorare has faced criticism over allegations of promoting gambling.

The U.K. Gambling Commission is examining Sorare to determine if it needs a license or if its services aren’t gambling, per an Oct. 8, 2021 notice. Julia stated he doesn’t have an update yet on the U.K. inquiry’s progress.

So, Sorare agreed to changes on its platform in November after action by the French National Gambling Authority. The amends included enhancing its free-to-play aspect. The firm must implement these changes by March 31st.

More About Sorare

In Sorare, players collect and trade football cards that are tied to real players and teams. Sorare is a crypto-based fantasy football game that has surged in popularity because of its ability to be both realistically entertaining and profitable.

Play to Earn Games News

Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let’s play and earn together!

Premier League and Sorare Partnership

If you like this game, share it with your friends:

Facebook
Twitter
LinkedIn
Reddit
WhatsApp
Telegram
Pinterest
Skype
VK
Email

Find our Best P2E Games list. All games are included with reviews and links to the game review page. Have Fun!

More Games

Related P2E Games: Play To Earn Crypto, NFT, Web3

Battle Infinity: Uniting Play-to-Earn Battle Games and Metaverse

Battle Infinity is a gaming platform that brings together various play-to-earn battle games within the immersive Metaverse called ‘The Battle Arena.’ It offers a virtual universe where players can engage in battles, socialize, explore, and participate in various activities. The flagship game, Battle Beasts Soccer, features teams of powerful creatures competing in 3v3 matches, promoting strategic character selection. In Battle Beasts Soccer, matches are played by teams of three characters, and a minimum of 6 players (2 teams of 3) participate. Matches can be won during the golden goal period, where it becomes a 1 on 1 showdown between three players from each team. The game revolves around offensive and defensive tactics, including dribbling, passing, precision shooting, tackling, intercepting passes, and positioning. The platform has its native cryptocurrency called $IBAT, which operates on the Binance Smart Chain network using the BEP-20 protocol. $IBAT serves as a versatile utility token that grants access to various features within the Battle Infinity ecosystem, including assets and characters. It is designed to bridge the gap between conventional gaming and the Metaverse/Blockchain realm, making it user-friendly and efficient, with a maximum supply of 10 billion tokens. Community response to the project has been positive, with members praising its professionalism, experienced team, and potential for growth. Overall, Battle Infinity is a dynamic gaming platform that offers diverse play-to-earn battle games and seamlessly integrates them into a Metaverse, with a focus on strategic gameplay and a native cryptocurrency to facilitate user engagement.

Read Game Review »

Claybox: Noxal – Game Review

Claybox Studios, an independent game development studio and WEB3 platform excels in 3D designs, Visual Effects, and Art for Games. Noxal is their paramount project. Claybox Studios, a reputable game developer and publisher, has successfully launched several games on its own platform, attracting millions of players worldwide. Inspired by decentralized virtual gaming concepts, the studio plans to introduce its own tokens, the Noxal, which are tightly linked to games through NFTs (non-fungible tokens). Claybox Studios introduces The Noxal, an NFT Fi+ universe platform that operates under Web3.0. Also, players can possess diverse NFTs, engaging in games, social events, and prediction markets, granting autonomy in utilizing these assets. The Noxal Token, issued by Claybox Studios, powers the peer-to-peer, cross-platform, and decentralized virtual gaming platform, offering an array of exciting games for uWeb 3.0ser enjoyment. Moreover, as the platform’s currency, the Noxal Token facilitates in-game purchases, transactions, online shopping, sports predictions, social advertisement, and other developing applications.

Read Game Review »

Wombat Dungeon Master: NFT Staking Game on WAX – Game Review

Wombat Dungeon Master is back and better than ever with the release of its highly anticipated second season. This NFT staking game has quickly regained popularity and cemented its status as a top player in the industry. Utilizing WAX/EOS technology, players can stake multiple blockchain technologies on a single platform and earn at their own pace. The game features adorable wombat characters, each with their own unique stories and goals, as they venture out on expeditions to collect valuable resources and treasures. With its easy-to-play gameplay and innovative approach to NFT staking, Wombat Dungeon Master is a must-try for any gaming enthusiast. In Wombat Dungeon Master, you can use and control cute little wombats to search for rewards, invade dungeons, and collect valuable items. The adventure is filled with dangers and challenges, so be prepared to put your adorable wombats to the test. WDM utilizes WAX/EOS technology to support NFT staking for players. The game also allows players to stake multiple blockchain technologies on a single platform, enabling them to earn money at their own pace. This eliminates the need for sprints and makes the staking experience more enjoyable rather than stressful and demoralizing. Wombat Dungeon Gameplay: In WDM, players can earn in-game equipment and WAX and EOS tokens. The game features different wombat characters, each with their own story and goals for their expeditions. These dungeon masters venture out to collect resources and treasures such as coal, iron, gems, axes, uranium, XP, and more. The dungeon master wombats can be sent to explore dungeons for periods of five minutes, one hour, six hours, or one day, depending on the XP of the dungeon master. In WDM, each wombat has a mining power that ranges from 1 to 10,000. The higher the mining power, the higher the chance of finding valuable items. In addition to NFT equipment, the game also offers non-NFT crafting materials that can be acquired using coal, iron, and uranium instead of tokens. Wombat Dungeon Master features crafting materials called Wombatium, which can be used to create new tools for excavations. This game is easy to play and helps address the difficulties that many players face with NFT staking.

Read Game Review »

Alien Worlds – P2E NFT Game on WAX Blockchain – Game Review

Alien Worlds is a NFT card game where you explore new planets in search of new lifeforms. Find out about the Play-to-Earn game Alien Worlds on the WAX Blockchain! Explore six different worlds, each of which has 500 plots of land owned by the NFT. Trilium can be earned in-game, sent to Binance Smart Chain, and bet on for even better benefits. This book tells you everything you need to know to get started in the Alien Worlds metaverse. Are you ready to start your Play-to-Earn journey in Alien Worlds and see what it has to offer? This guide will teach you how to play Alien Worlds and how to get Trilium tokens by mining on land plots owned by other players, getting NFT points, and joining Syndicates to vote on plans. The game play in Alien Worlds is easy but exciting. Players can mine on land plots with their Shovel or other mining-related NFTs and get a small number of Trilium pieces in return. At the same time, miners get NFT points every time they mine. These points can be used to buy a rotating collection of NFTs, such as Land Plots, Tools, Minions, Avatars, and Weapons, which all live on the WAX blockchain. In Alien Worlds, a person owns each piece of land. That player gets a share of the Trilium mined on their land. On top of all of this are the Syndicates, which are player-run planetary governments that can submit and vote on ideas for their planet’s Alien Worlds environment. This makes the game even more strategic and involves the whole group. Alien Worlds is one of the older WAX games, and since it was first announced in July 2020, it has changed all the time. In October, they sold several NFTs, and in December of that same year, they sold their first and only piece of land. Soon after the land was sold, people could start mining on land plots. Since then, the team has been slowly and steadily improving their website and adding new features. Alien Worlds is part of the Blockchain Games Alliance, a group of game creators and players who want to see more blockchain-based games made and played.

Read Game Review »

Best P2E Games list 2024

Premier League and Sorare Partnership

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.