Popular fantasy football NFT platform Sorare is ready to expand its offering with the launch of Major League Baseball NFT, a fantasy baseball game.
Sports leagues and teams around the world have realized that the NFT space can give them limitless opportunities that didn’t exist until two years ago . The sports industry can use NFT as a tool to help sports organizations, teams and individuals in the industry better interact with their fans. The NFT ecosystem is already watching a huge list of sports organizations, each finding a unique way of understanding the digital direction. The latest such organization to date to join this list is Major League Baseball.
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MLB and MLBPA recently partnered with Sorare to create an exciting NFT fantasy game that runs on the Ethereum network. MLB and MLBPA chose Sorare for a reason. The platform is in the best position to date, with a $4.3 billion valuation.
The upcoming game will offer users digital trading cards featuring popular baseball athletes. As mentioned above, NFT card data will be created on the Ethereum network. Players will be able to exchange cards with each other or use them in a game of fantasy baseball, earning points based on the performance of real players in the lineup.
Sorare COO Ryan Spoon spoke in more detail about the project, highlighting:
“MLB is for many people, including me, the first experience of playing a fantasy sport. It’s a very rhythmic, mathematically grounded and statistically based sport, with tons of positions and players, scouting, prospects and stars. It will be just something!”.
By the way, baseball has a long and interesting history of collecting cards – the league’s collaboration with Sorare is a new round of development of this established culture, its transition to the digital world. Sports trading cards have been one of the most significant catalysts for the explosion of NFTs. This appeal is confirmed by such successful projects as NBA Top Shot and Autograph.
As it turns out, fans are also excited about how sports leagues and teams are actively embracing the digital economy. However, a new partnership with Sorare has fans wondering what the future holds for MLB with NFT’s existing deal with startup Candy Digital. Additionally, Topps is another company that also issued digital MLB trading cards, but both Topps and Candy Digital are now owned by Fanatics.6
