PSG star Kylian Mbappé supports fantasy football platform NFT Sorare

French football star Kylian Mbappé is the latest athlete to make a foray into the NFT space. The Paris Saint-Germain FC player has joined NFT’s fantasy football platform Sorare as an investor and global ambassador. Also, this is the first time Sorare has hired a Player Ambassador. Here’s everything you need to know about Kylian Mbappé’s signing of Sorare:

About Sorare who signs with Kylian Mbappé

Sorare first announced he will sign PSG forward Kylian Mbappé last week. With this, Mbappé joins athletes Serena Williams, Gerard Piqué, and Rio Ferdinand, who invested in Sorare.

“Kylian is becoming our exclusive long-term ambassador as well as a major investor,” tweeted Sorare founder Nicolas Julia. “Together we will bring Sorare to millions of fans. Kylian will accelerate our mission to unite sports fans around the world around a player-owned gaming experience. ”

“Kylian is more than a football player,” Nicolas wrote. “He is a global icon who carries strong values ​​on and off the field. Together, we will help disadvantaged groups start their own businesses and learn about web3″.

He added that Sorare and Kylian Mbappé will provide training, conferences, and a “special diploma” for the IBKM. IBKM, also known as ‘Inspired By KM’, is Mbappé’s charity that educates young people from disadvantaged backgrounds and helps them realize their dreams. In addition, Sorare will also be auctioning off an exclusive Mbappé NFT for charity.

Sorare NFT sales rise

Shortly after the hiring of Kylian Mbappé as an investor and ambassador, Sorare’s NFT sales increased significantly. To explain, in the last 24 hours alone, Sorare NFT sales have increased by 312.67% (at the time of writing), according to  CryptoSlam.

Over the period, Sorare’s sales exceeded $3 million, the most for any NFT project. Meanwhile, CryptoPunks takes second place with just over $2 million in sales. NBA Top Shot, on the other hand, is in third place after generating over $765,000 in the last 24 hours.

In terms of sales in the last seven days, Sorare’s numbers are also on the rise. He is currently at number four, having amassed over $6.5 million. Clearly, the signing of a huge football star like Kylian Mbappé is already doing wonders for the platform.

The partnership increased Sorare NFT’s sales.

About Sorare

Founded in 2018, Sorare is an NFT-based fantasy football game that allows customers to buy, sell, trade, and manage virtual football teams using NFT. To start playing, users must first purchase NFT player cards from the players they want on their team. Using these cards, they can build their weekly formations. Notably, users own their cards and can even sell them on secondary markets.

Currently, Sorare has signed over 250 international football teams. Furthermore, it claims to have over 2 million users, grossing over $346 million in all-time sales. Last September, the platform also raised $680 million in Series B to reach a valuation of $4.3 billion.

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