Blockchain and Gaming – These video games that earn cryptos
– These video games that earn cryptos
Avatars or “NFT” weapons, gamified cryptocurrency mining, loans and borrowings in virtual universes, “play-to-earn” games generate real income for players. Giants like Ubisoft are looking at this new model, which investors are snapping up.
This article was written by the journalists of “Bilan”. Find the latest news on Bilan.ch
The scale of the fundraising, announced on Monday, September 22, shook the French tech scene. By completing a funding round of 680 million, the startup Sorare – gaming on the blockchain – becomes the best valued French unicorn at 4.3 billion euros just three years after its creation.
If Sorare got investors carried away, it is because it is developing a football video game of a particular genre: unlike competitors like FIFA, the cards representing the players are NFTs, that is to say – say certified blockchain digital assets, published in limited numbers, listed and directly salable from peer to peer. Finding a rising star and building a high-performance team can therefore translate into real financial gains for the gamer. Nearly 150 million dollars worth of Sorare cards have been sold on the various NFT marketplaces since the start of the year, including the record transaction of more than 287,000 dollars for Cristiano Ronaldo in March. Several cards are currently for sale on Opensea to over 100,000 units.