Web3 Gaming Company Sorare Adjusted To Match The French Legal Framework

Web3 Gaming Company Sorare Adjusted To Match The French Legal Framework

Sorare, a web3 fantasy sports company, is proposing an additional entrance option for participants living in France in order to comply with the country’s planned legislative framework for non-fungible tokens (NFTs). Sorare’s products must be temporarily modified to conform with the current interpretation of existing regulations. Prior to the implementation of the new framework in France, it has agreed to a temporary solution with the French National Gaming Authority (ANJ) that offers an optional alternate mode of entrance for users headquartered only in France.

The Web3 gaming company said in a blog post that the solution is just temporary as they establish their long-term vision in the midst of current regulatory disputes. The interim solution is presently available for its main category, Sorare: Football, and will be extended to Sorare: MLB on May 26, 2023, and Sorare: NBA in the autumn. Although the new entrance method will still enable French gamers to access Sorare, it comes with a set of limitations that affect gameplay. In France, players may get access to the game by providing a phone number and evidence of residency. Following this, they will no longer be able to compete with the NFT versions of digital cards that have unique rarity attributes but will instead have lineups made up of non-blockchain.

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