- Sorare: The Most Popular NFT Platform for Soccer Lovers
- How Sorare Works?
- Other Competitors to Sorare
The integration of crypto into sports, especially soccer, has changed the way fans interact with their favorite sports stars. Now soccer teams have their NFTs and coins, catering to a massive fan following.
Sorare: The Most Popular NFT Platform for Soccer Lovers
In the past few years, several soccer clubs have released their NFTs, with Sorare being one of the most popular platforms to trade NFTs. Sorare is a game where you can create your own virtual soccer team using a base of 4 thousand players. Players are packed in sets of cards with episodes from various matches. More than 130 major soccer clubs from around the world are now working with Sorare, including PSG, Bayern Munich, Liverpool, Juventus, Real Madrid, Zenit, and Spartak. According to tracker Nonfungible.com, Sorare is among the top 3 actively growing NFT projects.
How Sorare Works?
During the game season, Sorare gives fans a limited number of cards: 100 rare, 10 very rare, and 1 unique. The cards have two levels of value – collectible (sale, purchase, exchange) and in-game: the life of the 'card' player must be monitored in reality – whether he is healthy, whether he went to the field and scored a goal. This process differs from taking care of Tamagotchi by the possibility of profit: every time a player scores a goal in a real match, the owner of his Sorare card earns real money.
Other Competitors to Sorare
In addition to Sorare, the world of NFT soccer is unfolding on other virtual marketplaces supporting the NFT protocol – for example, OpenSea, Rarible, Sorarebuzz, Soraredata, Soraremega. The cards are even traded on eBay. Soccer NFT tokens are leading the bidding volumes, but the most expensive sales so far are on the basketball and baseball side. In January 2021, baseball player Mickey Mantle’s card was sold for $5.2 million.
As the world of cryptocurrencies expands, its integration into the sporting arena will only grow bigger, as other popular sports seek to capitalize on NFTs and tokens. The future will reveal whether this experiment will be successful.
