PlayToEarnGames.com: Sorare: Web3 Game Winning Economics and Sustainability

Channel:

Reinout te Brake

Subscribers:

111,000

Published on July 5, 2023 5:16:31 PM ● Video Link: https://www.youtube.com/watch?v=Ej0GDyDbCVo

Game:

Sorare (2019)

Duration: 1:32

32 views

1

Sorare: Web3 Game Winning Economics and Sustainability: https://playtoearngames.com/news/sorare-web3-game-winning-economics-and-sustainability

Sorare, a Web3 card game based on Ethereum, has successfully navigated the crypto winter by maintaining a thriving in-game economy. While most Web3 games struggled economically, Sorare stood out as one of the most popular games in recent years. It is an NFT card game centered around fantasy sports and utilizes the Ethereum blockchain. In 2022, Sorare's secondary market sales exceeded $350 million, and it has already amassed $90 million in 2023. The game's success can be attributed to its stable tokenomics model, strategic partnerships, acquisition of football licenses, and expansion into multiple sports. Brian O'Hagan, Sorare's growth leader, discussed the company's business approach in a recent podcast interview conducted by Naavik.

Sorare: Web3 Game Winning Economics and Sustainability: https://playtoearngames.com/news/sorare-web3-game-winning-economics-and-sustainability


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