<\/p>\n
The NFT fantasy sports platform is switching from L2 StarkEx to Solana, promising faster, cheaper, and more open ways to trade player cards.\n<\/p>\n
Sorare<\/a>, a blockchain-based fantasy sports game where fans can collect NFT<\/a> player cards, is once again changing its home, this time migrating from StarkEx to Layer 1 chain Solana<\/a>.<\/p>\n In an announcement<\/a> on Oct. 8, Sorare described the migration from StarkEx, an Ethereum Layer 2<\/a> scaling solution, as \u201cmore than a technical upgrade,\u201d calling it a \u201cstep forward in our vision to become the most open and flexible platform for digital sports collectibles.\u201d<\/p>\n In its FAQ section<\/a> for the migration, Sorare explained that it\u2019s moving to Solana to connect Sorare cards \u201cto a broader ecosystem,\u201d including the ability to manage the NFTs on popular Solana wallets like Phantom. The team also hinted at a possible Sorare ecosystem token in the future, as part of its long-term vision:<\/p>\n \u201cIn the long term, we are exploring every opportunity in front of us: forging partnerships with other communities, unlocking new forms of gameplay and utility, and possibly expanding our own ecosystem powered by a Sorare token.\u201d<\/p><\/blockquote>\n<\/figure>\n While the announcement didn\u2019t provide further detail as to why Sorare chose to move to Solana, commentators on X have<\/a> suggested<\/a> that Sorare was paid an eight-figure sum to make the switch. The Defiant reached out to Sorare and Solana for comments, but haven\u2019t heard back by press time.<\/p>\n Founded in 2019 by Nicolas Julia and Adrien Montfort, Sorare started on Ethereum and by mid-2021 moved onto<\/a> L2 StarkEx, the application-specific scaling engine from Starknet<\/a> developer, StarkWare, to cut gas costs. That same year the company raised<\/a> a $680 million Series B that valued it at roughly $4.3 billion.<\/p>\n As part of the migration, starting this month, Sorare said that users\u2019 ETH balances currently on StarkEx will migrate to Base<\/a>, Coinbase\u2019s Ethereum Layer 2, to improve \u201ctransaction efficiency while keeping the experience familiar.\u201d<\/p>\n By the end of October, Sorare cards will be bridged as Solana NFTs while preserving all cards\u2019 attributes like scarcity, serial number, season, XP, and metadata, per the blog post. The team also said that Sorare will cover all gas fees for the migration, specifying that users \u201cwon\u2019t sign transactions or spend crypto during migration.\u201d<\/p>\n Sorare also added that once the migration is complete, cards withdrawn to Ethereum wallets \u201cstill work in gameplay but cannot trade on Sorare until re-deposited or bridged to Solana,\u201d while NFTs left on StarkEx will be bridged to Solana.<\/p>\n Sorare’s migration comes as the total number of NFT sales has reached its highest level since 2022, per data<\/a> from blockchain analytics platform DappRadar.<\/p>\n In a Thursday research post, the DappRadar wrote that in Q3, the market recorded over 18.1 million NFTs sold, generating $1.6 billion in trading volume, adding that \u201cone of the leading dapps\u201d in this sports field is Sorare, which is responsible for \u201cmultimillions in trading volume, selling hundreds of thousands of digital cards to players and collectors around the globe.\u201d<\/p>\n Earlier today, Larva Labs, the creators of CryptoPunks<\/a>, Autoglyphs, and Meebits, wrapped up Art Blocks\u2019 curated series with a new collection<\/a>, Quine, with the sale closing at 7.56 ETH, or $31,000 per Quine NFT.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" The NFT fantasy sports platform is switching from L2 StarkEx to Solana, promising faster, cheaper, and more open ways to trade player cards. Sorare, a blockchain-based fantasy sports game where fans can collect NFT player cards, is once again changing its home, this time migrating from StarkEx to Layer 1 chain Solana. In an announcement […]<\/p>\n","protected":false},"author":2,"featured_media":407795,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-407792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/407792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=407792"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/407792\/revisions"}],"predecessor-version":[{"id":407799,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/407792\/revisions\/407799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/407795"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=407792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=407792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=407792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Migration Details<\/h2>\n
Are NFTs Back?<\/h2>\n