Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Sorare, a Web3 card game based on Ethereum, has successfully navigated the crypto winter by maintaining a thriving in-game economy. While most Web3 games struggled economically, Sorare stood out as one of the most popular games in recent years. It is an NFT card game centered around fantasy sports and utilizes the Ethereum blockchain. In 2022, Sorare's secondary market sales exceeded $350 million, and it has already amassed $90 million in 2023. The game's success can be attributed to its stable tokenomics model, strategic partnerships, acquisition of football licenses, and expansion into multiple sports. Brian O'Hagan, Sorare's growth leader, discussed the company's business approach in a recent podcast interview conducted by Naavik.

We share some important points in a sustainable NFT games economy. The dynamics have switched from Pay to win to Play to Earn.

Gala Games has made tremendous efforts and progress when it comes to blockchain technology and gaming. C2 Ventures Launch $100 Fund w/ Gala