Sorare Football (Soccer) Blockchain Cards Available on OpenSea: A Look at the Growing Secondary Market for this Popular Blockchain Fantasy Football Game!
by R.A. Rowell
Sorare is a fantasy football (soccer) blockchain game built on the LOOM blockchain network. The Sorare marketplace for their soccer blockchain cards has been very active. Each week, they release limited edition, serial numbered digital blockchain cards from a new soccer team. These cards can be used in setting up a 5-man fantasy team usable in weekly prize-supported fantasy soccer leagues. Some cards are rarer than others, and the rarer they are, the higher multiplier of fantasy points for that real-life player that card gives you.
Being blockchain non-fungible tokens (NFTs), these cards aren’t just playable in the Sorare weekly fantasy leagues, but they even gain experience points that allow them to level up as they are used! This gives them additional value if you decide to sell them later. They aren’t just static collectibles, which is what digital collectibles need to have in order to gain value. The scarcity certainly helps the cards build value, and having the #1 card of a print run is extremely valuable, too!
Big news for Sorare came on January 13th, 2020 when it was announced that Sorare cards could be released to the open Ethereum blockchain. Sorare crypto trading cards have since become available on popular Ethereum NFT marketplace OpenSea. While the market hasn’t yet developed much on OpenSea as of this writing, it’s still very early.
The best, most valuable card available on OpenSea as of 1/18/2020 is a unique one-of-one Vincent Kompany card. It last sold for 1.75 ETH on 7/26/2020. A couple bids were placed on it in August, but both were withdrawn. Several other cards are traded hands, but it’s not many.
But, on Sorare’s own marketplace, plenty of bids are being placed and cards are actively moving. This makes sense, as the best players and the rarest cards won’t be leaving Sorare since managers want to actually play with them! However, the option to send them to the Ethereum blockchain where you can sell them on a secondary market is a great option to have.
So, who’s been hot on the Sorare Transfer Market in-game marketplace?
Club Atletico de Madrid’s star forward Joao Felix had his first card (out of 100 copies) sold for 0.522 ETH (about 80 euros/$90 USD) on 1/18/20. The second card out of 100 sold for 0.439 ETH (about 68.5 euros/$76 USD). Considering that Felix is a player who managers will prefer to roster rather than flip, it’s possible the copies of his cards that do hit the market will quickly gain value. $80 to $90 for a single blockchain card gives you a good idea of what even just a Rare a card for a strong player can fetch thanks to the weekly leagues.
Atletico de Madrid had even better sales results for the Super Rare cards, with goalkeeper Jan Oblak leading the sales at 2.29 ETH/361.20 EUR/$400 USD. Following him were midfielder Koke (1.32 ETH/208.20 EUR/$231 USD), defender Renan Lodi (1.045 ETH/164.83 EUR/$183 USD), forward Alvaro Morata (1.028 ETH/162.18 EUR/$180 USD), and defender Kieran Trippier (0.707 ETH/111.52 EUR/$124 USD). These cards offer a 14.4 fantasy points multiplier and are numbered to just 10 copies. Hat tip to @blockchainYNWA on Twitter for this info!
On the Manager Sales section, cards are listed for as little as 2 euro and as much as 500 euro for unique cards. We wish we had more exact sales data to share right now, but Sorare’s marketplace doesn’t have a recently sold section. What we can say is that there’s plenty of activity with Sorare: according to DappRadar, in a 7-day period between 1/11/2020 to 1/18/2020 there were over 4,400 transactions on Sorare with a volume of over $16,000. That’s about $3.60 (3.24 EUR) on average. Cards are moving on a regular basis every other day. So, if you’re trying to get into the game, you can choose from a wide array of player cards and invest as little as $20 for your starting 5-man antasy team.
If you’d rather start off with brand new cards, a five-card pack costs 30 euro or an equivalent amount of Ethereum ETH. Also, if you sign up today, as a new manager you can choose your first five players FOR FREE! If you haven’t played Sorare yet, sign up at Sorare today for free and check it out!
My first starting five consists of these five common cards: Mike Maignan (goalkeeper), Silas Gnaka (Defender), Carlos Soler (midfielder), Landry Dimata (forward), Marco Kana (midfielder). I just joined my first rookie league. Let me know what you think of my picks and who you chose to start your team (or who you are already playing!)
We’re looking forward to the continued growth and development of the Sorare game! Stay tuned to the Digital Collectibles Journal for more news and analysis of the Sorare soccer blockchain card market.
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R.A. Rowell is a collectibles enthusiast who comes from a long history of collecting trading cards in both sports and in Trading Card Games. He is passionate about educating the world about the future promise and benefits of digital collectibles, both on the blockchain and off.