Founded in Paris three years ago, Sorare’s valuation has grown from $270m to $4.3b. Japanese multinational conglomerate SoftBank led its latest round of funding in September. According to co-founder and CEO Nicholas Julia, half a million users joined the platform organically, without any marketing.
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Sorare CEO shares bold vision on NFTs during Web Summit 2021 opening night
When asked about the future of the NFT industry within five to ten years, Julia said the following: “NFTs will be the underlying technology for everything of value on the web. It could be monetary value or it could be personal value. I was mentioning your identity earlier on, so that’s something an NFT could carry for you on the web. It’s going to be invisible.”
