NFT Fantasy Basketball Game Coming to Sorare

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Sorare will be offering an NFT-based fantasy basketball game in the fall, the company announced Wednesday morning on Twitter.

The company, which has done about $420 million in transactions since January of 2020, also announced that former Los Angeles Clippers forward and six-time All-Star Blake Griffin and three-time Defensive Player of the Year Rudy Gobert of the Minnesota Timberwolves were investing in the company. The amount of the investment was not released.

“Our partnership with Sorare will give NBA fans an entirely new way to engage with our teams and players,” said NBA Commissioner Adam Silver in a Medium article from the platform. “With Sorare’s emerging NFT fantasy platform, we see significant opportunities to broaden our community of fans and grow NBA basketball around the world.”

The announcement of Griffin and Gobert as investors also invited readers to sign up for the Sorare: NBA game's waiting list, though there were no such lists on the Sorare site as of 9:15 a.m. ET Wednesday. Users can still sign up for a Sorare account at the Sorare website.

Earlier this year, in May, Sorare announced a partnership with Major League Baseball to offer a fantasy game based off the success of its NFT soccer game. The day the MLB product launched, Sorare did almost $1.5 million in volume. Sorare claims it has two million registered users.

“Basketball is one of the most popular sports in the world and we are excited to bring fans even closer to their favorite teams and players through Sorare: NBA” said Nicolas Julia, co-founder and Chief Executive Officer at Sorare, in a Medium article. “The NBA and the players have been at the forefront of digital experiences and collectibles and our game gives basketball fans the ultimate sports entertainment experience where they can play like a general manager, own their own game, and foster real-world connections.”

The partnership comes as NBA Top Shot has seemingly shelved its oft-teased Hardcourt game, which has appeared on the Top Shot site randomly and is still being developed, according to CEO Roham Gharegozlou's last response to a concerned Top Shot user on Twitter.

"I share your desire but it's something better to do right than rushed," Gharegozlou said.

Author Bio

TD Marquis

A veteran journalist and editor with more than a decade's worth of experience, TD helped a small community newspaper in Vermont win a New England Newspaper Association Right to Know Award in 2014. TD helped compile five years' worth of invoices to uncover a long-established practice of small-town government officials paying themselves six figures to do small jobs around town. TD discovered NFTs with Top Shot in 2021 and his first NFTs on ETH were saving two Mooncats. He is now the proud owner of Rowhome #61 and 1,300 other NFTs of questionable value. He also sent 4 ETH to a fake Mekaverse site and wants Lucky Trader readers to avoid the same fate.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.