NFT fantasy sports gaming platform Sorare is adding another sports game to its arsenal as it has launched an NFT-based fantasy basketball game following a multi-year partnership agreement with the National Basketball Association (NBA) and National Basketball Players Association (NBPA) last month.
Sorare and the NBA
In this partnership, Sorare is launching the first officially licensed digital collectibles-based fantasy basketball game, which is available in beta starting today, just in time for the 2022-23 NBA season.
The @SorareNBA game is live NOW in beta! Start building your squad: https://t.co/lkpXYDH5pK pic.twitter.com/a4amoDvX7K
— SorareNBA (@SorareNBA) October 18, 2022
Sorare’s lineup of fantasy sports games already includes a free NFT-based Major Baseball League (MLB) game released this summer and a popular fantasy soccer game.
The platform’s partnership with MLB expanded the fantasy sports game concept beyond soccer for the first time.
Sorare NBA
Players of Sorare’s NBA fantasy game can collect free trading cards or purchase NFT cards and will also be able to start playing with the free card, as well as assemble and manage teams with each NBA player represented by NFT trading cards.
Fantasy basketball teams can participate in tournaments, but the results will be based on the performance of the corresponding players in the real world.
To start playing, users will need to register an account with Sorare. Users will then be able to choose their starting player and build a roster around him and play as a Contender or Champion.
Both teams require a five-player lineup and a point cap, with a point value called a ten-game average to create fairness in the game.
The Sorare NBA game features 5,000 limited cards, 1,000 rares, 100 super rares and 1 unique. Players can level up their teams in the game by qualifying in tournaments to increase their card collection and earn rewards.
Cards can be traded on the Sorare NFT marketplace.
Card auctions start with a minimum price with an expiration date and time and will be sold to the highest bidder. Each day a larger number of low scarcity cards will be sold, but each scarcity level will be available on the NFT market every day.
Team managers will be able to use a card once per game week and will only be able to use each player once in the same lineup and will be able to participate in competitions twice per week, Monday through Thursday and Friday through Sunday.
To bridge the gap between fantasy and reality, Sorare plans to introduce special weekly competitions throughout the season to give away physical rewards such as jerseys and tickets and other experiences.
Sorare and its partnerships
Previously AC Milan extended Web3 strategy with a multi-year partnership with Sorare.
In addition, Kylian Mbappé joined Sorare as an investor, social impact partner and ambassador.
And also, it became an official global partner of Liverpool FC in an extended partnership.
Follow us on our social networks and keep up to date with everything that happens in the Metaverse!.
Twitter Linkedin Facebook Telegram Instagram Google News
