The Web3 Fantasy Sports Phenomenon

December 5, 2022, 10:30AM EST

• 6 min read

Quick Take

Sorare is a fantasy sport platform powered by NFTs.
As part of its strategic expansion, Sorare extended its product scope to additional sports, now catering to soccer, basketball, and baseball fans.
The platform has generated enormous NFT trading volumes in 2022, peaking at a monthly high of $174.3mm in February.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/sorare-the-web3-fantasy-sports-phenomenon-191802?utm_source=rss&utm_medium=rss