Sorare Becomes the NBA's First Official Fantasy Basketball NFT Partner
Niko Pajkovic — October 19, 2022 — Lifestyle
References: sorare & blockchaingamer.biz
NFT marketplace Sorare has added a new NBA fantasy basketball game to its existing fantasy-based NFT games. To start, the new game will launch as a beta version.
The NBA game will now be offered alongside the studio's MLB and football-themed NFT games. As part of the new game launch, the NBA announced a multi-year partnership with Sorare, making the NFT marketplace the league’s first official NFT fantasy partner.
Sorare states that all 30 NBA teams will be available in the game and that the NFTs themselves will represent specific NBA players from each team. Gamers will be able to create their own five-player lineups and compete in tournaments against other players. Their custom-built teams will then collect points depending on the real-world performances of their players.
Image Credit: Sorare
The NBA game will now be offered alongside the studio's MLB and football-themed NFT games. As part of the new game launch, the NBA announced a multi-year partnership with Sorare, making the NFT marketplace the league’s first official NFT fantasy partner.
Sorare states that all 30 NBA teams will be available in the game and that the NFTs themselves will represent specific NBA players from each team. Gamers will be able to create their own five-player lineups and compete in tournaments against other players. Their custom-built teams will then collect points depending on the real-world performances of their players.
Image Credit: Sorare
Trend Themes
1. NBA Fantasy Nfts - Opportunity for NFT marketplaces to partner with sports leagues and develop new fantasy games.
2. Multi-sport Fantasy NFT Games - Potential for NFT marketplaces to expand into multiple sports and create cross-sport fantasy games.
3. Real-time Performance-based Fantasy Nfts - Disruptive innovation opportunity in creating real-time performance-based NFT fantasy games.
Industry Implications
1. Sports Leagues - Opportunity for sports leagues to partner with NFT marketplaces and enhance fan engagement through NFT-based games.
2. Gaming Industry - Potential for the gaming industry to explore NFT technology and create new types of fantasy games.
3. Blockchain Industry - Disruptive innovation opportunity for the blockchain industry to develop real-time performance-based NFT games.
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