Sorare

The company operates a multi-sport fantasy gaming and collectibles ecosystem in which digitally scarce player cards are issued as tokens on a blockchain-linked Layer‑2 infrastructure and used for gameplay. Value is created by combining official sports league and club licences with provable digital ownership, fantasy competition mechanics and an integrated multi-sport marketplace. The platform attracts sports fans and collectors who seek tradable digital cards with in-game utility, as well as rights holders who gain a new revenue and engagement channel.

Economically, Sorare acts as both the initial issuer of new digital cards (via auctions, packs and instant-buy flows) and as the operator of a secondary marketplace facilitating peer‑to‑peer trading across football, NBA and MLB verticals. It leverages exclusive licensing relationships to control supply, manages the in-game economy (scarcity tiers, rewards, in‑game currencies), and captures value through sales margins and transaction fees, while offloading payment processing to third-party providers and blockchain networks for settlement and custody beyond its Layer‑2 environment.

Sorare SAS is a French company that operates a blockchain-based fantasy sports and digital collectibles gaming platform across football, basketball (NBA) and baseball (MLB). Users buy, own and trade officially licensed digital player cards, then use them to enter fantasy competitions where line-ups are scored based on real-world athlete performance. The platform runs on a Layer‑2 solution connected to the Ethereum blockchain.

Sorare generates revenue primarily from primary sales of digital player cards and packs, and from transaction fees on marketplace trades. Additional fees may apply when users withdraw collectibles from the Layer‑2 environment to the main Ethereum blockchain. Its direct customers are individual sports fans, collectors and fantasy players who purchase cards and packs and pay marketplace fees; sports leagues and clubs participate via licensing and equity relationships but are not the primary paying users of the platform.