Analysis

August 25, 2022

Is Sorare a gambling game, and what would that mean for the company?

The “game” is being investigated in various jurisdictions


Tim Smith

5 min read

Football fantasy trading game Sorare has leveraged blockchain technology to make some big bucks. The startup’s fantasy sports game, which lets users trade and build teams with collectible player cards, is already generating more than €150m in annual revenue, earning it a $4.3bn valuation at its last funding round. 

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Artwork from the video game Elemental Raiders
G4AL's game, Elemental Raiders
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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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