Sorare, the fantasy sports platform based on blockchain, has announced that it will allow player managers to transact with its NFT collectible cards without using cryptocurrency from early August.
In 2021 the company landed a $680 million funding round led by Softbank. Since then it has extended its core soccer userbase to include the likes of the Premier League, LaLiga, Bundesliga, Serie A and MLS. Additionally it has expanded in the U.S. to support trading of official NFT cards based on players in the MLB and NBA.
The web3 startup managed to reach its 5 million registered users by appealing to a broad user base. It already made onboarding crypto users relatively simple compared to other platforms. Now mainstream users don’t need to go through the hassle of creating a crypto wallet at all.
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