German Football Association releases NFT featuring national-team players

The German Football Association (DFB) released NFT featuring images of Germany’s Euro 2020 squad. The collectible cards can be used in Sorare’s Global Fantasy Football game.

We are honoured to welcome @DFB_Team 🇩🇪 to #Sorare. The cards are on auction now!

Time to get scouting: https://t.co/N8zUYv2I17 pic.twitter.com/yJv013779I

— Sorare (@SorareHQ) June 22, 2021

According to the press release, under a licensing agreement with the DFB, Sorare raised €40 million in a Series A funding round. It was led by the venture capital firm Benchmark.

The Global Fantasy Football platform allows users to buy, sell and trade cards, as well as use them in their own virtual football teams.

NFTs track players’ real-world performance—the metric affects token values. Card prices also depend on the national team’s standings in Euro 2020.

Sorare’s mission is to build a “game within a game.” The platform currently collaborates with more than 140 football clubs worldwide, including «Zenit», «Juventus» and «Paris Saint-Germain».

The French Football Federation became the first national federation to partner with Sorare. The two sides signed the relevant agreement on June 14.

Introducing our first National Team cards ever. 🔥

Welcome The World Champions 🇫🇷 @equipedefrance

🔭 Before you go scouting, find out all about the National Team cards in our blog: https://t.co/Vt3cKxTBVP

— Sorare (@SorareHQ) June 14, 2021

In February, Sorare raised €40 million in a Series A funding round. It was led by the venture capital firm Benchmark.

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