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- Kylian Mbappe is a french footballer currently playing for the biggest club in France, Paris Saint Germain, and is among the top football players on the Globe currently.
- Recently, Sorare, an NFT platform for soccer enthusiasts made an announcement that Kylian Mbappe is going to be their brand ambassador.
- This news has increased the wave of investors making investments in Sorare NFTs, escalating the volume by a leviathan number.
Insane Surge In Sorare NFT Volume
A Football NFT platform persisting on the blockchain of Ethereum has been surging lately following the announcement for their first ever brand ambassador for the organization.
Sorare declared Monday that Kylian Mbappe, who plays alongside Lionel Messi in French Ligue 1 for the top football club in the country, Paris Saint Germain, has signed a deal with them to be the global brand ambassador for the platform.
With this, Kylian Mbappe has marked his presence in Web3 space too. Sorare platform has also promised to assist the “Inspired by Kylian Mbappe” non profit organization.
NFT platform data tracker CryptoSlam offered showed the massive surge in the trade volume of Sorare NFT platform.
As of now, trading volume of Sorare was up by 406%, but as the graph shows, iot surged almost 800% when the news broke.
How This Move Is Gonna Affect The NFT Sector
I don’t think I have to tell what impact this deal is gonna make in the NFT sector. Kylian Mbappeis among the top and trending players in the world right now, and this amazing news has already shown its effect on the trading volume on the Sorare NFT platform.
This might also increase the folks interest in PSG fan tokens, probably escalating its price. As this article was being published, PSG fan token was exchanging hands at $6.18, bullish by 2.43% during the past 24 hours.
If you are not aware of what fan tokens are, they are the sports cousins of crypto assets, allowing various kinds of perks to the fans of a particular club.
Every fan token associated with a particular club will give the holder specific benefits related to the club.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
