The CEO of Sorare speaks out about the warning from the National Gaming Authority (ANJ)

While the fantasy football blockchain game Sorare is under the supervision of the National Gaming Authority, Nicolas Julia, the platform’s CEO, spoke on his social networks. He expressed his belief in the disruptive nature of his Web3 project, as well as his openness to discussion with regulators.

Nicolas Julia, CEO of Sorare, speaks on the issue of sports betting

Friday, the CEO and co-founder of Sorare, Nicolas Julia, went back on the warning of the National Gaming Authority (ANJ). The latter is indeed carrying out the investigation, to try to find out whether the fantasy football blockchain game whether it is a form of covert sports betting.

While some of ANJ’s arguments may agree, it may be unwise to say: hasty shortcuts. However, Sorare’s CEO has shown his understanding of the questions regulators may have and that’s why that he prefers education of this :

“These questions concern the proper functioning of the democratic debate needed in the face of the evolution of the world and the emergence of new technologies that are revolutionizing centers of interest as old as humanity. […] We also communicate with regulators in a proactive approach that aims to explain what we have been (and haven’t been) since the early days. »

In addition, Nicolas Julia returns to the idea full ownership of these cards. This full ownership is made possible thanks to non-fungible tokens (NFT) and note that this runs counter to the idea of ​​bets where a fixed amount is paid. possibly permanently lost.

On the other hand, one of the possibilities of the Web3 revolution is the removal of boundaries between different applications:

“In addition, these cards can be used not only on our platform, but also in a variety of third-party applications and platforms, and remain the property of the users. »

👉 To continue – Discover our tutorial on the Sorare platform

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The necessary cooperation with the various authorities

We can add that paying, to hope to qualify for additional rewards on Sorare, is entirely up to the user. It is indeed possible to discover the game for free.

Nicolas Julia also states that “strong legal argumentsconfirm Sorare in the idea that their value proposition is completely new and does not concern no existing frame. This also applies to other French and European players build web 3.0.

This state of affairs should not be seen as an argument to argue that our ecosystem should be exempt from regulation. On the contrary, it is a call for dialogue and consultation :

“Make no mistake, it is normal for rules to apply to this new category that we have created from France, and this is the subject of our proactive discussions with regulators. These rules should simply correspond to what we are, not what we are not. »

Like any technological innovation, Web3 will have to go through this phase of doubt expressed by regulators and the general public before stand out as obvious in the collective mind. So it is normal for players like Sorare and many blockchain projects to play the role of pioneers.

👉 On the same topic – Sorare MLB: Baseball is officially available on the NFT platform

Play and collect cards in NFT format

Thousands of € worth of crypto to be won

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