Sorare, a blockchain-based fantasy sports company, has been accused of providing unlicensed gambling facilities. 🎲
- The UK Gambling Commission has targeted Sorare in its first action against Web3 companies.
- Sorare offers fantasy football, basketball and baseball games that allow trading cards to be bought and sold using NFTs.
- The company has struck deals with major leagues such as the English Premier League and the German Bundesliga.
- Sorare will testify at Birmingham Magistrates’ Court on October 4.
Do you think this case is a turning point for Web3 companies? Share your thoughts in the comments! 💬