Premier League Embraces NFTs for Fantasy League in $150M Deal | CoinMarketCap

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Premier League Embraces NFTs for Fantasy League in $150M Deal | CoinMarketCap
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cryptonews: The Premier League has teamed up with fantasy sports league Sorare to offer NFT playing cards of players from the 20 top-ranked teams in England. ⚽️

The Premier League has teamed up with fantasy sports league Sorare to offer NFT playing cards of players from the 20 top-ranked teams in England.

The so-called "common cards" are chosen for free when joining a new league, while limited edition "scarcity cards" for each player can be bought, traded or won in league play.Still Popular "The way that supporters follow their favorite teams and players is evolving and the Premier League is always looking for ways to engage with fans," said Premier League Chief Executive Richard Masters. The NFTs and fantasy league, he added:

Gambling regulators in the U.K. and France have investigated Sorare looking at whether the company needs gambling licenses. In November, the company agreed to expand free access under pressure from French gambling authorities, but was not required to get a gambling license.With three million users worldwide, Sorare also offers a free-to-play version of its fantasy league using its NFTs.

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