SorareData

SorareData

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Launch date
Employees
Market cap
-
Enterprise valuation
AUD14—20m (Dealroom.co estimates Sep 2023.)
Paris Île-de-France (HQ)
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DateInvestorsAmountRound

€540k

Seed
*

€2.0m

Seed
Total FundingAUD4.3m

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SorareData is a unique startup operating in the digital sports and gaming market. The company provides a platform that leverages blockchain technology to offer a fantasy football game where users can trade, buy, and sell officially licensed digital cards of football players. These digital cards represent real-world football players and their performance in actual games impacts the value of the cards in the game.

The company's primary clientele are football enthusiasts and gamers who are interested in fantasy sports and digital collectibles. SorareData operates in the rapidly growing market of blockchain-based games and digital collectibles, a sector that has seen significant growth and investment in recent years.

SorareData's business model is based on the sale of digital cards. The company partners with football clubs to get the rights to create and sell digital cards of their players. Users can buy these cards and use them to create their fantasy teams. The better a player performs in real life, the higher the value of their digital card. This creates an engaging and dynamic gaming experience for users, as they need to keep track of real-world football to succeed in the game.

The company generates revenue through the initial sale of these digital cards. Additionally, SorareData also earns a commission from the secondary market where users trade these cards among themselves. This dual revenue stream allows the company to monetize both the creation and the trading of digital cards.

In summary, SorareData is a digital gaming startup that combines the thrill of fantasy football with the excitement of digital collectibles, creating a unique and engaging product for football and gaming enthusiasts.

Keywords: Fantasy Football, Digital Collectibles, Blockchain, Gaming, Football, Trading, Digital Cards, Sports, Blockchain Games, Startup.

Tech stack

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