Web3 fantasy sports company Sorare is introducing an alternate entry method for players based in France to abide by the country’s proposed regulatory framework surrounding non-fungible tokens (NFTs).
Sorare is working with the French National Gaming Authority (ANJ) to help legally onboard players based in France. Sorare said in a blog post that the solution is short-term while they continue to develop their long-term roadmap amid ongoing regulatory discussions. The temporary solution is currently live for its flagship category Sorare: Football and will roll out for Sorare: MLB on May 26, 2023 and finally for Sorare: NBA in the fall.
The news comes after the French government announces plans for a bill that will more robustly regulate trading of in-game assets. However, the current framework does not support games such as Sorare, leading the company to find ways to abide by the rules in the meantime.
“This development is part of Sorare’s roadmap to build an inclusive ecosystem uniting tens of millions of sports fans, and support its mission to bring these fans closer to the players, teams and leagues they love,” a Sorare spokesperson told CoinDesk. “It does not impact the structure of Sorare’s core game or competition, or its cards.”
While the new entry method will still allow France-based players to access Sorare, the framework comes with a set of restrictions that alter gameplay. Players in France can access the game by submitting a phone number and proof of residence. After providing this, they will no longer be able to compete with the NFT versions of the digital cards that come with unique rarity traits, but instead will have lineups composed of non-blockchain versions of cards that have similar qualities as Sorare’s NFT-based cards.
Sorare has previously faced pressures from French authorities to alter its rules due to gambling regulations within the country. In November, the French Gaming Authority released a statement asking for regulators to better analyze Web3 gaming, leading Sorare to open greater up free access to its game to appease the ANJ.
Credit: Source link


 
															 Bitcoin
Bitcoin  Ethereum
Ethereum  Tether
Tether  XRP
XRP  BNB
BNB  USDC
USDC  Lido Staked Ether
Lido Staked Ether  Dogecoin
Dogecoin  TRON
TRON  Cardano
Cardano  Wrapped stETH
Wrapped stETH  Wrapped Bitcoin
Wrapped Bitcoin  Wrapped Beacon ETH
Wrapped Beacon ETH  Chainlink
Chainlink  Hyperliquid
Hyperliquid  Bitcoin Cash
Bitcoin Cash  Wrapped eETH
Wrapped eETH  Stellar
Stellar  Ethena USDe
Ethena USDe  USDS
USDS  Binance Bridged USDT (BNB Smart Chain)
Binance Bridged USDT (BNB Smart Chain)  LEO Token
LEO Token  Sui
Sui  WETH
WETH  Hedera
Hedera  Avalanche
Avalanche  Coinbase Wrapped BTC
Coinbase Wrapped BTC  Litecoin
Litecoin  WhiteBIT Coin
WhiteBIT Coin  Monero
Monero  Zcash
Zcash  Shiba Inu
Shiba Inu  Toncoin
Toncoin  USDT0
USDT0  Cronos
Cronos  Ethena Staked USDe
Ethena Staked USDe  Mantle
Mantle  Dai
Dai  Polkadot
Polkadot  Bittensor
Bittensor  MemeCore
MemeCore  World Liberty Financial
World Liberty Financial  sUSDS
sUSDS  Uniswap
Uniswap  Aave
Aave  Bitget Token
Bitget Token  OKB
OKB  USD1
USD1  Ethena
Ethena  BlackRock USD Institutional Digital Liquidity Fund
BlackRock USD Institutional Digital Liquidity Fund