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Great news for NBA and NFT fans: as announced a few weeks ago, Sorare has made official its partnership with the National Basketball Association and the National Basketball Players Association (NBPA), and perhaps thanks in part to this new collaboration, the data disclosed by the Soraredata.com platform is growing.
After negotiations of about 1 year, the NBA has granted Sorare to use its logos while the eNBPA has licensed the names, images, and rights of its players to Sorare.
Sorare is currently the only company offering an official NBA game based on NFTs.
Nicolas Julia, co-founder and CEO of Sorare, said:
“Basketball is one of the most popular sports in the world and we are excited to bring fans even closer to their favorite teams and players through Sorare: NBA.
The NBA and the players have been at the forefront of digital experiences and collectibles and our game gives basketball fans the ultimate sports entertainment experience where they can play like a general manager, own their own game, and foster real-world connections.”
What is the NBA
The National Basketball Association, commonly NBA, is North America’s 30-team professional basketball league, as well as the premier league in the United States and Canada, and is the world’s premier men’s professional basketball league.
What is Sorare and what affects the platform’s data
Sorare began in 2018 as a fantasy game created for soccer, in which players buy, sell, trade, and manage a virtual team with digital player cards.
The game uses Ethereum-based blockchain technology and was developed in 2018 by Nicolas Julia and Adrien Montfort. As of 2 August 2022, more than 280 sports clubs total appear in the game.
On 12 May 2022, Sorare also signed a partnership with Major League Baseball with the launch of the game made in the recent 19 July 2022, with Sorare promising to target not only soccer but most sports.
How does Sorare’s NBA game work
Players must compose their own virtual teams of five NBA basketball players (11 for soccer ones), using blockchain cards on the Sorare platform.
Teams are ranked based on the performance of their players, just like in fantasy soccer.
You can buy, sell and trade players on Sorare, and when the team is formed, you can participate in competitions against all the teams in the world.
What is new is that NBA cards, like football cards, are also collectible and digital NFTs and are divided into common cards, limited cards, rare cards, super rare cards and unique cards.
Sorare’s NFTs
Sorare NBA also leverages the Ethereum blockchain network to ensure the authenticity of the cards. Each player card is an ERC-721 non-fungible token (NFT) on Ethereum: it is unique and personally owned by the player, validated through the blockchain, then subject over time to increase in value or the reverse.
Sorare platform performance data
SorareData is a data website, also available as an app for iOS and Android, that tracks all player scores and card prices to aid the coach in all game strategies.
The interface is similar to that of Sorare’s standard platform, with additional filters to check the condition and performance of players: it allows tracking players’ yellow cards, fouls incurred, and their scores.
Sorare Data also allows the coach to compete with a max 125 coaches of similar level: there will be six 1-on-1 or team matches.
Then there are upgrades and rewards on Sorare Data for the best players in all tournaments.
It is also possible to keep track of your game results over the previous weeks and months, something that can be more complicated on the Sorare website.
With Sorare Data, the SO5 results page provides an intuitive and easily searchable dashboard on what was earned and how much was missing to win the weekly reward.