NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Soft

[sirty143]

On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. See more for yourself here.

Your opinion is greatly appreciated.

[TomPluz]

All I can say is: WOW! Had it not been with the popularity of NFT, this would not really be possible raising that much money for a a football fantasy platform. Just one of the many organizations and personalizes given a fresh life and opportunity from the raging hot NFT trend. I am just wondering if NFT can still be burning hot by 2022 and 2023 or will there be an industry-wide consolidation kicking weak players on the market and punishing them with an ax.

[Stefan.Quelick]

Wow there's huge amount of money actually. I believe sport NFT's will be huge soon. Last week i checked Exsports and saw they are working on fighting area.Especially Muaythai,not big like football but if they entegrate their NFT's whole fighting world especially UFC,it could be huge too.