With the growing appeal of digital entertainment, gaming and esports, it was only a matter of time before the innovation potential of Fantasy Sports or Fantasy Sports caught the attention of investors. The sector is now in the spotlight.
Its technology has featured a Portuguese startup bringing NFTs to fantasy football: its platform alone has won a round of $10 million. The Mexican League, which deals instead with American football, collected 20 of them. Let’s discover some of these platforms that are digitizing the traditional fantasy sports formula and re-proposing it in a new form, also through official partnerships with actors.
10 million for RealFevr bringing NFTs to fantasy football
Raised $10 million by Lisbon-based startup RealFevr, which in 2021 launched the world’s first NFT soccer video marketplace, announced IP partnerships with international sports properties such as Liga Portugal, Portugal Football Federation, Torino FC and Beach Soccer Worldwide, and many world-class companies have signed on. Athletes as ambassadors and official investors. The round, led by ADvantage, featured Semapa Next and Shilling Capital Partners as well as several football stars.
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Founded in Lisbon in 2015, RealFevr is a startup that aims to revolutionize the fantasy football market. The team has quickly established itself in the growing market of blockchain, NFT and crypto assets and is now ready for a new challenge: to become the leading realm of NFT sports videos and move into immersive digital collectibles.
Draftea, 20 million fantasy football in Latin America
Instead, American football is handled by Draftea, a Mexican startup focused on Latin America. The startup, which bills itself as the first daily sports fantasy company in Spanish-speaking Latin America, is spreading fantasy football to the region through a new partnership with the National Football League (NFL) and the NFL Players Association, a union that represents the league’s athletes. .
In addition to the new partnership, Draftea, which was Sequoia’s first investment in a Mexican company, has raised $20 million for a new Series A funding round led by new investor Stepstone Group, with participation from existing Sequoia investors Kaszek, Bullpen and Courtside. projects. In addition to venture capital firms, athletes including soccer legend Cristiano Ronaldo, Kansas City President Travis Kelsey, Brooklyn Nets basketball player Kevin Durant and Portuguese soccer agent Jorge Mendes have invested like the Angels on tour.
Sorare, a new game coming in partnership with national teams
Fantasy Sports Sorare, which offers a variety of fantasy games from football to basketball to baseball, is partnering with 18 national soccer teams to launch a new free game with social elements. The Sorare Global Cup 22 competition, as it’s called, will allow players to assemble a team of eight of their favorite players from these 18 teams, including the United States Men’s National Team, for free.
The platform uses Ethereum-based blockchain technology and was developed in 2018 by Nicolas Julia and Adrien Montfort.