Sorare Introduces Cash Wallet for Managers

In this post

Sorare revealed a Cash Wallet feature, enabling managers to trade digital player cards with fiat currencies, starting August 2.

The Deets

Cash Wallet: A secure and user-friendly feature to make transactions on Sorare
Accepted currencies: Euros (EUR), British Pounds (GBP), and U.S. Dollars (USD)
Supported Countries: Cash Wallet will be accessible in 215 countries at launch
Partner: Sorare collaborates with Mangopay, a leading provider of payment solutions
Cash rewards will now be available for all supported sports.

The Bulk

Sorare, a revolutionary platform for trading digital player cards, is ready to implement the Cash Wallet feature, transforming how transactions are made on the platform. By introducing this feature, Sorare seeks to provide an effortless and secure solution for Managers, enabling them to buy, sell, and trade digital player cards using Euros, British Pounds, or U.S. Dollars.

To accomplish this feat, Sorare has teamed up with Mangopay, a trusted payment and wallet solutions provider known for their services to companies like Rakuten and Ticketmaster. This partnership is an important step in Sorare's journey, aiming to make the platform more accessible and user-friendly, especially for those who prefer to transact in fiat money rather than Ether (ETH).

While the digital player cards will still be backed by NFTs and held in Sorare's ETH Wallet, the addition of the Cash Wallet will provide Sorare Managers with more flexibility in handling their transactions. This includes making deposits and withdrawals in cash, and offering a seamless payment experience to the community.

❗Why It Matters

The introduction of the Cash Wallet marks a significant milestone for Sorare, which will now allow users to receive rewards in cash.

📊 By the Numbers

Sorare's platform currently supports Managers from over 200 countries.

🎤 Founder Feedback

The Cash Wallet, along with our partnership with Mangopay, signifies a major milestone in Sorare's history. We're dedicated to providing a seamless, secure, and user-friendly platform for our community.Sorare Team

🎬 Take Action

For Sorare Managers eager to utilize the Cash Wallet, be prepared for its launch on August 2.

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Author Bio

Logan Hitchcock

NFT Analyst

Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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