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7 millionsorare gambling  Sorare, an Ethereum-based fantasy soccer game built around NFT digital trading cards, has come under scrutiny

At its meeting at the end of September, the ANJ Board considered that the serious doubts regarding the legislation on gambling that this part of the offer […]Gambling Commission Annual Report and Accounts 2021-22. In this game, points are given based on the on-pitch statistics of professional soccer players. NFT fantasy sports game, Sorare, is expanding free access as it responds to the French National Gambling Authority’s (ANJ) concerns about gambling addiction, child protection and money laundering on the platform. A growing number of companies are entering the Web3 ecosystem to reach the younger audience that is native to the digital space and that feels at home in…Overview of the gambling industry in Web3 with a closer look at Web3 strategies of DraftKings and PMU, as well as to Web3 native case of Sorare. More than 200 top-flight clubs are officially licensed. Online casino games such as craps, roulette or poker are also excellent options for improving strategic skills and confidence, before making the transition over to real money play. The space includes NFT-backed applications and games, which allow users to win special prizes. Darko Pavic posted images on LinkedInAt the very least, the online casino operators are violating the law by offering their games to people in the state. The rank of each card depends on each player’s performance in real-life matches. 5m. Since tournaments on Sorare are not pay-to-enter, the game does not fall under the category of gambling. Regulators and lawmakers are concerned about money laundering and children becoming gambling addictsSorare, a fantasy soccer platform dealing in non-fungible tokens (NFTs), is facing scrutiny from the United Kingdom's gambling watchdog. operations. Sorare is a global fantasy football game featuring limited-edition cards from real-world football players. In 2022, Sorare expanded into baseball and basketball via exclusive partnerships with MLB. 3D Slots. eToro Bonacasino. Since then, Sorare estimates sales figures of €7 million ($8. We are developing technologies, robots, and AI - but we should not forget ART. Over the past 2 years sorare has expanded it's offering to include baseball and basketball. Nearly half the population gamble in one way or another each month. registered users) by 150 percent, from 1. France-based Sorare is facing enquiries from the Gambling Commission. We'll help you step up your game. Share. LATEST CASINO OFFERS. Sorare users use the ERC-721 token standard to buy, sell, and trade player cards represented as NFTs. This is because players purchase collectible items not defined as loot engagements. The Commission confirmed that it was evaluating Sorare’s fantasy. Stumbled across sorare and thought this was a good opportunity. BeInCrypto –. Overview of the gambling industry in Web3 with a closer look at Web3 strategies of DraftKings and PMU, as well as to Web3 native case of Sorare. Gambling industry in Web3As part of the collaboration, Pranksy and Sorare have launched two private leagues. The unique free-to-play fantasy soccer game is expected to. These include updates on a new regulatory framework in France, Cash Wallet system, month-long competitions, jersey drop in the Club Shop, Golden Cap 270 competition, and more. Yesterday the UKGC issued a warning, alerting the public that Sorare (Sorare. Follow. Expandable. Sorare operates on Ethereum'. First released in 2019, we have been playing Sorare for just over two years now so hopefully are well placed to write this Sorare review. "This means that any activity completed on the site by consumers in Great. 8, the gambling regulator said Sorare’s business operates “outside of the gambling regulations that a licensed operator should comply with” and is looking into whether the company should be required to have a gambling license. More than 200 top-flight clubs are officially licensed with the site — including Liverpool, one of the biggest teams in the Premier League. Sorare, which has had some difficulty appeasing regulators, is a Paris-based startup worth $4. A consumer information notice from the UK Gambling Commission clarified that the platform is not licensed by the regulator. An expansion of free-to-play access was part of a 2022 agreement with France’s national gambling authority. The investigation seeks to determine whether Sorare needs a gambling license to continue operating in the United Kingdom. Much of Sorare’s success to date is rooted in our dedication to building toward the long-term growth of our game. Instead of relying on drafts to build out their fantasy rosters, Sorare players do so via the acquisition of cards, which can log each real-world athlete’s stats. The Commission is a regulatory body with licensing, compliance, and enforcement functions; through our regulatory activity, the Commission aims to protect consumers and the wider. K. Sorare is a combination of fantasy football and digital trading cards. Latest News. Sorare has updated its operating model in France, and gambling regulator ANJ is yet to confirm whether it meets its regulatory criteria, writes Jake Pollard. licensing people who work in the gambling industry, in specific roles. This Sorare review (updated ahead of the 2023/24 season in Europe) will give you the lowdown on the popular fantasy football game. Founded in 2018, Sorare has seen tremendous growth. Sorare’s response reminds that its blockchain offerings do not constitute gambling as they are devoid of the randomization element. Sorare is backed by a world. Now with the regular European football season coming. Sorare Data is a fantastic tool, I don't know how it's free to use. ” Only online casinos and sweepstakes casinos require signup to play. In addition to Limbo, be sure to check out our wide range of newest releases and more exclusive Stake original games, including Plinko , Mines , Crash , Hilo , Keno , Dragon Tower , Tome of Life , Scarab Spin , and more desktop and mobile games! To get the most out of your online gaming. However, the text states that it is the Autorité Nationale des Jeux (ANJ), the French National Gambling authority, that will oversee compliance. Solana. However, the text states that it is the Autorité Nationale des Jeux (ANJ), the French National Gambling authority, that will oversee compliance. Sorare has acquired over 50,000 users in 2020 and is expecting that sum to. since 10/15/2021. e. 3 million (down 57. In the space of a year, sales of Sorare collectibles have increased from $50,000 a month to around $6. The ease of making deposits is very important for a casino to get a positive vote from us. operational buildings, land and any other property (e. Sorare, the fast-growing European fantasy soccer and digital collectible platform, is being investigated by the U. All opinions and views are of the advertiser and does not reflect the same of WTKR. 02. What to expect from fiscalization in the future?Based around Blockchain, where users can trade gamers, get in tournaments & compete for rewards worth countless pounds. Sorare is a gaming experience based on non-fungible tokens (NFTs. 3 billion fantasy soccer game, has signed a four-year deal with the Premier League that will see the world’s top soccer league license official player cards. . 5% for six straight seasons and averaged 13. It was stated that the commission will no doubt be carrying out a thorough review regarding Sorare. Think of your real money play as a performance. #inicijativadigitalnasrbija #superklasterodlican3 #web3 #srbija Thank you MSc Nemanja Petrovic for organizing this event. Sorare Demonstrates Regulatory Compliance. The Gambling Commission said it is carrying out enquiries into the Paris-based company. Poker Hand Odds Calculator Pre Flop, Pmu Poker Forum, Quick Blackjack Rules, Is Sorare Gambling, Online Deutschland Casino, 90 Deposit Bonus 29 Free. Best-in-Class App. Notification Show More . I am mainly talking about two…Besides traditional gambling activities, like casino games or sports betting, a growing number of gambling platforms offer special programs which incorporate NFTs. The company is being assessed by gambling authorities in France and the UK, and has already been blocked as a gambling product in Switzerland. By Gambling Insider Since Sorare doesn’t have a licence, any activity players of Great Britain complete on the site is outside the regulations any licensed operator has to. Expensive. com is not licensed by the Gambling Commission. Share. ” Sorare CEO Nicolas Julia also expressed his excitement at the appointment of Pique within the team as “an active entrepreneur” who is “re-defining the sports and. ive you complimentary cards based on the teams you pick so if you go choose in your favorite groups that take place to be like besiktas and sporting yeah fine you’ll have nice cards but they aren’t in fact worth anything they’re free to play and they’re not going to be as high scoring as the option the bottom line is. 0. The company has expressed its confidence. Non-remote bingo GGY decreased to £246. Sorare is an online fantasy soccer game with a cryptocurrency twist. Bitcoin, ethereum, altcoins – gaming, casino, lottery and sportsbook newsBritish online gamers received an FYI from the UK Gambling Commission about Sorare and the website’s lack of licensing with the regulator. 3D slots are the same, except they use 3D animation and graphics whereas video slots use 2D. We believe that Sorare is the ideal partner for the Premier League, and we look forward to working closely together. As of Aug 20th. . Poker; Casinos. Sorare operates on Ethereum'. We license, regulate, advise and provide guidance to the individuals and businesses that offer gambling in Great Britain, including the National Lottery in the UK. ” The U. 02. Sorare, the fast-growing European fantasy soccer and digital collectible platform, is being investigated by the U. Yesterday the UKGC issued a warning, alerting the public that Sorare (Sorare. It contains so much information that will help you to increase your chances on Sorare. All recommended casinos on Online Gambling have been vetted through our solid reviews process to offer players a safe environment to enjoy gambling. It will allow the Web3 gaming actors to operate without the threat of being qualified of gambling platforms. The next full year’s data for reporting period April 2020 - March 2021 is due to be published in November 2021. 5 million) but remains focused primarily on growth. Players of the game can speculate on the performance of football players and compete. FollowSorare is one of the best to ever do it and is the largest sports-based NFT platform by sales volume, according to NonFungible. Total GGY for the industry was £5. NFT fantasy gaming platform Sorare has agreed to amend the rules for its non-fungible token soccer trading game under pressure from the French National Gambling Authority (ANJ), the regulator said. 9The ANJ Board accepted the solution of SORARE regarding the tournaments that the company organises using virtual cards. Reading: Sorare Review & Sign Up Offer. 1 million (89. UK’s gambling regulator claims Sorare is operating without a license. Sorare has reiterated that none of its services fall under regulated gambling. They provide a Global Fantasy Football game where managers own officially licensed digital cards. As a result, Sorare has been able to switch up its management, with Ryan. The popularity of #nfts is not at its peak, however Amazon Web Services (AWS) is set to launch its “Amazon Digital Marketplace” in April. 312 Woodland Rd, Mt Pocono, PA 18344, USA. SEO Ecommerce Public Relations Market Research Investing . NFT fantasy gaming platform Sorare has agreed to amend the rules for its non-fungible token soccer trading game under pressure from the French National Gambling Authority (ANJ), the regulator said. Whilst traditional gambling websites need to go through lengthy processes when looking to enter new territories, Sorare is actually based on trading cards (collectibles) combined with fantasy football. Best Overall: Floyd The Floyd Table Silver Oak Casino 25 Free Chip Bonus : Have you thought about benches for your kitchen table? In addition to taking up substantially less total space than regular chairs, they provide a clean, streamlined appearance that doesn't obstruct. In the fantasy football game Sorare, players collect and trade digital trading cards that represent real players. Sorare CEO Nicolas Julia said at a journalists' briefing last week the probe. Compose your lineups, track your teams, claim rewards and more - all in the Sorare app. This…Dear Gambling Commission, Please can you provide me with information concerning the maintenance of your corporate estate i. Animals. Its literally the game. Breaking News. Lisboa_Casino Sorare Cards gallery and Profile. Sorare under investigation: what happened “The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare. 77 Wind Creek Blvd, Bethlehem, PA 18015, USA. Sorare Teams up with Another Sports League. If you are new to Sorare, we would recommend. January 9, 2021, Usa Online Casino is pleased to announce that it has opened its first regulated US subsidiary, USA Online Casino Ltd, in New Yourk. How to Download and Install Sorare Mod APK 3. The Paris-based fantasy soccer game and non-fungible token (NFT) trading platform. K. Players compose a team of 5 cards and compete with others for weekly prizes. Compromise agreement In mid-November ANJ published its ruling and said Sorare had agreed to “strengthen free access” to its tournaments as a way to address ANJ’s “serious doubts regarding the legislation on gambling that this part of the offer. Sorare Pros & Cons. It can inspire you and it can push you to new heights. Sorare crypto based platform for betting and card collecting review is here ⚽ - non gamstop new platform for UK 2021. January 31st, 2023. Join competitions and manage your teams from directly within the home screen of the app! Find an upcoming competition and compose your lineup. But, because the platform uses NFTs that users need to purchase, the line becomes a bit gray. The platform pointed out that since everything is blockchain-based, this can be easily confirmed. ” The U. 7 billion), €200 million (US$212. Fantasy soccer operator Sorare has partnered with 18 national teams ahead of the FIFA World Cup, which kicks off in Qatar on November 20. Gemini Joker Online Slot Features. Sorare is a football trading game that uses the blockchain technology. Sorare platform is one of the largest fantasy NFT platforms and it was valued at $4. Under the four-year licensing deal, the company will provide unique opportunities and experiences for EPL fans. The Croatian Football Federation and SuperSport Croatian football league have become the latest organisations to agree an exclusive multi-year partnership with Sorare. - Sorare, a French fantasy soccer,. The top managers like this can earn tens of thousands of dollars worth of rewards each week. Sorare specializes in the production of NFT trading cards which are used in its fantasy soccer game. The EPL is reportedly near agreeing to a £30m cope with digital asset firm Sorare, regardless of a UKGC investigation. For those crypto enthusiast and non-fungible token (NFT) lovers among you that spent hours playing Football Manager in the early days, Sorare is a top game for you that you do not want to miss out on! With NFTs rushing to the mainstream stage, exemplified by OpenSea’s breakthrough year of 2021 and old school video retailer. In the article it was stated: "The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare. $5,000 Welcome Bonus. In other words, a game-within-a-game. But Sorare’s early romp into the spotlight of blockchain gaming could be about to hit a major stumbling block. Today we are running in 17 countries. That puts Sorare’s revenue multiple well above the 10x that top public SaaS companies are attracting. While it has not. We’ll also get in touch with customer support anonymously with a. Gambling Commission. Regulators in France and the UK are investigating the company on suspicion that its. Fantasy football platform Sorare said it has raised USD 680m in its Series B round as the company aims to accelerate its expansion into "the unique world of NFT fantasy sports. The firm is funded by USA Worldwide, Inc. Stumbled across sorare and thought this was a good opportunity. Gambling Commission shared on October 8, 2021, that it is investigating the firm to establish whether Sorare. Remote (or online) gambling is the largest combined sector by GGY. 3 billion last year. SoftBank led a $680 million investment in Sorare, which valued the company, which had only 30 employees when the funding was disclosed, at a whopping $4. La plataforma utiliza un sistema de blockchain para asegurar la autenticidad y singularidad de cada una de las cartas del juego. Something went wrong! (400) Collect, play and win officially licensed digital cards featuring the world's best global football, NBA and MLB players. Started using sorare in early 2021 looking for play to win crypto games. On Sorare, sports fans can access a truly unique experience that combines two of the biggest hobbies built on top of professional sports leagues: fantasy leagues and trading cards. BetRegal strikes an expansion chord with The Unit; The thrilling arena of Knockout Tournaments in Bovada;Sorare is a global fantasy football game where managers can trade official digital collectibles. The best thing is you can play try them out for free, right here, so pick your favorite and start playing free blackjack. I think they’re gambling on a transfer, as he won’t want to be a substitute at Arsenal after his impressive time at Feyenoord. 3 billion. The solution is a transitional step before the adoption of a permanent solution. Afjel, the French online gaming association, recently reported that the illegal online gambling segment is worth €1. 1billion after winnings are paid out, which means the gambling industry takes £450 a second off consumers within the UK. ANJ has been. T), is itself under investigation by the UK Gambling Commission to assess. Collect, buy, sell, and compete with officially licensed digital player cards to win rewards. Former player David Beckham. What is Sorare? Sorare is the darling of this fast-evolving new space, recently receiving a $680 million cash injection led by SoftBank. Use our lineup builder to leverage data insights including form, matchup assessments and winning probabilities to create more competitive lineups. SoRare is an NFT fantasy sports platform built on the Ethereum blockchain. The Gambling Commission pointed out though that there is a “legal question mark” over this. Jackpot Party Casino Slots Free Bonuses : 3. The gambling watchdog of the United Kingdom warned in a. The platform had a card sales volume of over $250M (€220M. There’s no denying that stacks work on Sorare. Sorare offers digital trading cards featuring some of the world’s best. Head over to our selection of recommended casino partners and practice your card skills with free online blackjack. In Switzerland, where foreign-based online gambling sites are banned, Sorare has already. On that date, 2023–2024 cards will hit the marketplace and the lobby will open with the first competitions of the new season. For example here is the manager Mr Kurrupu and his earnings on Sorare: He has earned 123. Sorare Ft. This Sorare review (updated ahead of the 2023/24 season in Europe) will give you the lowdown on the popular fantasy football game. There are dozens of NFT betting sites and their concept doesn’t differ from regular betting sites. Desde el primer día metido de lleno en el proyecto de Jornada Perfecta, dirigiendo el dominio de Segunda División y la sección de Apuestas Deportivas, lo que me ha permitido convertirlo en mi profesión. We’ll try to highlight both the positive and negative things about the platform to give you an idea of what it’s like to be a Sorare manager. This example shows you exactly the sort of things that. Blockchain-based fantasy soccer platform Sorare is among the companies shortlisted by the English Premier League for its first NFT (non-fungible token) partnership. The Gambling Commission believes that Sorare may be operating outside of the required regulations, and as a result, they advise players to take this announcement into account when deciding whether or not to use the. Sorare Investment. Improve your lineups by adding top performers for an immediate roster boost, or. "We saw the. Phone: SlotsSpot. News • Sep 21, 2021. During…CEO Fiscal Solutions | aka Professor Keeting (BAYC #4498, @profkeeting) 3moBased around Blockchain, where users can trade gamers, get in competitions & complete for rewards worth countless pounds. Sorare has updated its operating model in France, and gambling regulator ANJ is yet to confirm whether it meets its regulatory criteria, writes Jake Pollard. Gambling industry in Web3 if you’re playing in demo mode at an online casino, you can often simply go to the site and select “play for fun. As the developers of the game and its creators explain, Sorare is a platform that allows players to participate in games for free, which is partially true. Expanding its growing portfolio of partners, the Club nicknamed Rossoneri, enters. CasinoPlayer Sorare Cards gallery and Profile. 0. Oct 5, 2022. Followers. Launching Sorare: Global Cup ‘22 is a big step in that mission. 20. Critics say that this is because players can make money in the. NFT fantasy gaming platform Sorare has agreed to amend the rules for its non-fungible token soccer trading game under pressure from the French National Gambling Authority (ANJ), the regulator said in a statement on Friday. The company’s mission is to build “the game within the game” and to give fans, players and clubs the platform to celebrate, share and own the game. It still needs to be approved by the Constitutional Council, but the so-called Sorare law would be a big win for French crypto games. . 50. Players of. Support for ‘Haching schaut hin’ August 8, 2023. October 13, 2021. Sorare, whose latest $680 million funding round was led by Japan's Softbank (9984. Effectively, it will be yet to determine whether Sorare’s services are in any form of gambling. Gambling Counsellors A compulsive gambler or a pathological gambler is someone who is unable to resist his or her impulses to gamble. Lisboa_Casino FC. The top managers like this can earn tens of thousands of dollars worth of rewards each week. Blockchain fantasy football platform Sorare is thriving despite the postponement or cancellation of all national football competitions in Europe. K. The competitive aspect of Sorare makes it different from competitors like NBA Top Shot and is the reason for this current scrutiny. The Series B funding comes on the tail of a Series A round which concluded with $50m added to the company's war […]Crypto Gambling News. eu The crypto-focused global fantasy football platform Sorare has potentially run into trouble with Britain’s gambling regulator. It mostly seems the governments and current legislation don't get a grip on what Sorare is at this time. Den bislang höchsten Wert erzielte im vergangenen März eine Karte von Fußballsuperstar Christiano Ronaldo. Sorare, whose latest $680 million funding round was led by Japan's Softbank , is itself under investigation by the UK Gambling Commission to assess whether its game - where users play with. We’ll try to highlight both the positive and negative things about it…Overview of the gambling industry in Web3 with a closer look at Web3 strategies of DraftKings and PMU, as well as to Web3 native case of Sorare. The UKGC said in a statement that any activity that was completed on the Sorare site by UK customers is outside of the gambling regulations. However, news that the French government is working to pass new regulations for Web3 "pioneers" shows how important the sector is to the French authorities. In order to have optimized cooperation models, we do our best to understand…What is the best social network for retailers? Twitter, TikTok, Youtube, Linkedin, Facebook, Instagram or any other?Sorare Analytics. This Sorare review (updated ahead of the 2023/24 season in Europe) will give you the lowdown on the popular fantasy football game. Sorare is a fantasy Football, NBA, and MLB game + marketplace. Limited leagues are very competitive though, bc of the relatively low entry hurdle. Although there is an element of chance, since the real players' performance affects the game's outcome, the emphasis is more on soccer knowledge and the player's ability to make smart decisions, making it. Sorare is a legitimate soccer fantasy game that follows a free-to-play, pay-to-earn and play-to-earn model. Sorare, the non-fungible token (NFT) company that has sponsorship deals with many of Europe’s biggest football clubs and leagues, is partnering with five clubs in. Overview of the gambling industry in Web3 with a closer look at Web3 strategies of DraftKings and PMU, as well as to Web3 native case of Sorare. As…Silver Oak Casino 25 Free Chip Bonus - Best Overall. Sorare has to implement the free access expansion by March 31, 2023. Sorare is a combination of fantasy sports, Panini collectible pictures and football manager. But Sorare’s early romp into the spotlight of blockchain gaming could be about to hit a major stumbling block. ” We don’t believe this is how Sorare operates, as the game is free to enter. Sorarefootballguide helps you with the registration and the first steps. Bestseller No. Matthew Tkachuk (FLA vs. As a consequence, gambling regulators will need to keep pace to understand how racing and other sports entertainment games may be in fact be betting. Any information relating to the assessment of whether the services that Sorare provides do or do not constitute gambling for the purposes of the Gambling Act. 3 billion French football card startup Sorare. A rare NFT trading card version of Erling. com) did not maintain a UK gambling licence. NFT Games Are Not to Be. Learn More. 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We’ll try to highlight both the positive and negative things about the platform to give you an idea of what it’s like to be a Sorare manager. UK gambling regulators have said they are investigating fantasy soccer platform Sorare. com, after it launched in the UK market without a licence. Here, you can build and manage your dream team and even sell your top players for money – just like in real football. Es sei zu prüfen, ob auf Sorare. I strongly believe that art is a very important part of our lives. The latest. The Official Discord server for the NBA! | 46832 members"Sorare remains very confident it does not offer any forms of gambling, and this has been confirmed by expert legal opinions at every stage since the company was founded, including when signing. 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Sorare Technology, Information and Internet Paris, Ile-de-France 35,135 followers Come join the team responsible for creating the future of fantasy football, basketball, and baseball. enforcement action and prosecution work, if a business or individual breaches their licence conditions. I dipped into baseball when it came out, 80% of those cards I bought are untradable. Ecosystem Partner. Sorare, a global fantasy football game built on the Ethereum blockchain is making a name for itself. However, news that the French government is working to pass new regulations for Web3 ‘pioneers’ shows how important the sector is to the French authorities. This channel is mostly focused around the survival game Rust. Sorare also began releasing cards releated to the national teams in. Sorare is a blockchain-based fantasy game where players buy, sell, trade, and manage a virtual team with digital player cards in the form of Non-Fungible Tokens (NFTs). Players use nonfungible tokens (NFTs) to purchase, own and resell collectible digital cards. Moreover, the select fantasy football games do not feature random odds with an allocated prize pool. Sorare is a fantasy football platform, which doesn’t generally require gambling licenses. Unlike gambling platforms and other. In 2021, Ubisoft released their own game built on top of the Sorare NFT collectibles called One-Shot League. Play Now. Our current product roadmap focuses on gameplay improvements that ensure its success and long-term sustainability. online casino bonus ohne einzahlung 2019Der Wert der Spielerkarten hängt vom Erfolg der Sportler im wahren Leben ab. MTC Wallet is the most secure crypto wallet: TheFor casino sites, it is better to give gamblers the option of trialing a new game for free than have them never experiment with new casino games at all. Sorare, a fantasy football game that allows players to trade, sell, buy, and manage their virtual team with digital player cards, has announced that it has partnered with Major League Baseball (MLB). August 8, 2023. Last year, the UK Gambling Commission said it is looking into the firm “to establish whether Sorare. 7 percent). 300% Deposit Bonus at Non GamStop Casinos; 400% Bonus at Non GamStop Casinos; Non Gamstop No Deposit Bonus Casinos;Sorare Strategy Guide. 7 million. GGY from casino-based machines decreased by £182. The reason behind this is that, at no point in time, are you actually risking anything when playing your cards on Sorare. Sorare doesn't offer any form of "regulated gambling. The Gambling Commission does not regulate Sorare, even though the platform has been banned by the Swiss gambling regulator as a foreign-based gambling company. On Oct. That’s why we’ve done the grunt work to bring you only. 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