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Sorare is a fantasy football (soccer) game built on the Ethereum blockchain. It allows players to earn prizes and sell their digital cards for a potential profit. The support received from popular gaming brands such as ConsenSys and Ubisoft add a ton of legitimacy to the project, and over 200 football clubs are also in support of the platform.
Highlights
Football/soccer enthusiasts may enjoy
Collect and trade NFT player cards
Create a team and win prizes in tournaments
Free to sign up and start playing
Built on Ethereum and uses ETH
Play on mobile or browser
What is Sorare?
Sorare is a fantasy football (soccer) game that's based around collectible NFTs, launched in 2019. The digital cards used on the Sorare platform are NFTs, and as such, each card is unique.
Players can trade and play with officially-licensed digital cards and earn rewards. Sorare features 245 officially-licensed clubs with new clubs added every week, according to the platform.
The NFT player cards are built and distributed on the Ethereum blockchain. Players can buy cards on the Sorare platform. As card owners, players are free to sell them on peer-to-peer marketplaces.
Image source: Sorare
Each card represents a real professional player. The better the player performs in real life, the more the corresponding card is worth. It's essentially the same valuation system as tangible baseball cards and fantasy American football.
Sorare collects soccer data from the data stats platform, Opta. This ensures complete transparency with regard to data collection and how the data ranks players.
Playing Sorare
To start playing, you need an account. Sign up with an email and password combination, or use the quick access sign-in option with an existing Google or Facebook account.
You can play Sorare on a browser or on mobile Apple devices. Sorare launched a public beta iOS app, with plans to release an Android app as well.
Image source: Sorare
You also need an ETH-compatible wallet for transactions. Sorare's support team recommends MetaMask and its browser extension, and the browser Chrome or Firefox. If you're playing on mobile, Sorare recommends the mobile Coinbase Wallet.
After signing up, you're given 10 common cards. These cards have a white background and can't be sold — they're only meant to get you started.
Next, you must compose a team. It involves choosing a name, picking a captain, team formation and more. Follow these four steps to get started:
Choose a tournament — Tournament details, deadlines and the latest statistics can all be viewed by choosing the Gaming Arena tab. Once you've selected an active tournament deadline, hit Compose a Team.
Team formation — Every team consists of five players and must include a goalkeeper, midfielder, defender and forward. The fifth member of the team can be an outfielder of your choice.
Team captain — To assign a player as captain, select the star next to the player's card. The captain will be awarded a bonus multiplier for their role.
Validate team — Once you build your team, it must be validated. Choose a team name and begin your first tournament. After validation, enter in the Casual League, which is reserved for new players (there are two casual tournaments per week).
All players are referred to as Managers. After playing for four weeks or in four leagues, you're promoted from "Manager" to "New Manager." From here, you can keep building your team using the cards you win, or you can sell and build your team via Transfer Market, the Sorare NFT marketplace.
Tournaments
Sorare tournaments, also known as SO5 Fantasy, are based on a five-a-side fantasy lineup. All Sorare tournaments are free to enter, and you can earn experience points (XP) for your players and prizes.
There are several tournaments available and each tournament has a power cap requirement. This power cap requirement restricts the teams that can play in the tournament, so your team's strength can't exceed the power cap. This arrangement encourages fairness by giving new members a fair chance to succeed on the platform.
If your team finishes in the top 30% of the tournament, you're rewarded.
What is Sorare's token?
Sorare doesn't have a native token associated with the platform. However, you do need ether (ETH), Etheruem's native asset, to purchase cards on the platform.
Buy ETH on most major cryptocurrency exchanges including Crypto.com, Coinbase, Binance or Binance.us, and Gemini.
Gemini is a cryptocurrency exchange with a simple UI that's user-friendly and accommodating to newcomers and experienced traders.
Gemini's strongest point is its Gemini Earn program, which allows users to earn up to 7.4% interest on specified cryptocurrency balances.
Gemini has a wide selection of cryptos available for exchange on the platform. However, some notable entries from the top 20 by market cap are missing, such as Cardano and Solana.
Deposit Methods
Bank transfer (ACH) Cryptocurrency Debit card PayPal Apple Pay Google Pay SWIFT
Deposit Fees
Cryptocurrency: None Bank transfer (ACH): None, bank fees may apply Wire Transfer: Determined by your bank Debit Card: 3.49% + Trading Fees Paypal: 2.50% of total deposit amount + Trading Fees
Withdrawal Fees
Cryptocurrency: None (for 10 withdrawals and below per month) Others: None (for 10 withdrawals and below per month)
The main way to earn in Sorare is by winning tournaments and selling NFT cards.
Sorare implements a unique structure for their prizes. To balance out card distribution, players can earn some cards only by winning tournaments.
For example, ranking first on the monthly All-Star leaderboards allows a player to pick a unique player card of their choice. If you win a weekly All-Star or tournament leaderboard, you receive a rare player card, which you can also sell.
What are Sorare's NFTs?
Similar to real-life collectibles, Sorare cards are also valued on scarcity. There are multiple levels of card rarity on Sorare:
Common cards. White, gifted upon signup with limited value.
Limited cards. Gold, 1,000 copies per player.
Rare cards. Red, 100 copies per player.
Super rare cards. Blue, 10 copies per player.
Unique cards. Brown, one copy per player.
Cards also have XP. Increase your NFT trading cards' XP by sending them to a "special training league." This feature is valuable for those who want to build their players before selling them on the market for a profit.
While good performance within tournaments is useful, the players represented by Sorare cards still have to perform in real life. Their real-life performance, which is classified and monitored by Opta, carries a lot of weight when valuing the cards.
How to get NFTs on Sorare
The Sorare platform comes with its own marketplace where you and other Managers can sell your cards. This is known as the Transfer Market. You need ETH to make purchases and a crypto wallet.
There are three buying methods on the market:
Auction. Auctions can run for around one to three days, the highest bidder wins. Select Market, then Cards under New Cards Auctions to view the running auctions.
Manager sales. Fixed-price sales, sold by other players. Select the Market tab, then Manager Sales. All the prices are fixed and all listings are active for two days.
Direct offers. You can search for a specific card you want in the search bar, then make an offer to a manager that currently holds that card. Once you've found the card you want, select Trade and make an offer to the other manager.
Sorare cards are also acquired by winning tournaments within the game, or by ranking highly within weekly or monthly performance stats. Tournaments reward winners with either super rare cards or monetary rewards. If you rank really high, you can receive super rare cards.
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How to sell NFTs from Sorare
To sell player cards on Sorare, head to the Gallery Area, where you can see all NFT cards in your portfolio.
Select the card you want to sell. A pop-up appears, then choose the Sell my card button and enter the price you want to sell it for — remember that all cards on Manager Sales go for a fixed price.
The sale is canceled if your card isn't sold in two days. You may put the card up for sale as many times as you like. You may also cancel a sale if you want to change the price to relist.
Image source: Sorare
About the Sorare developers
CEO Nicolas Julia and CTO Adrien Montfort are Sorare's cofounders and are the humans behind its development. Both are based out of France.
Julia holds a Master of Science in Management, and was the previous VP of operations at enterprise blockchain company Stratumn. Montfort also worked at Stratumn as the VP of engineering, and also worked for Paymium and the European Space Agency.
Sorare is a legitimate game that has the backing of gaming giants, like Ubisoft. The game attracts over 50,000 players and secure licenses with football teams from all over the world. The credibility of top gaming platforms and world-class football teams implies that Sorare is a somewhat trusted platform to use.
All of that creditiabilty is nice, but as a blockchain application that utilizes crypto and NFTs, there's always inherent risk of technical exploitation. Sorare likely has security protocols but the security implemented by the platform isn't well-known.
Sorare roadmap
Sorare is set to add Major League Baseball (MLB). Enter your email address for updates on when the new game is officially released.
Image source: Sorare
Aside from the big MLB release, Sorare is always working to add more soccer clubs to the site, and there are plans for an Android mobile app.
Bottom line
Sorare is a unique game that allows players to use their soccer knowledge to construct and build their own fantasy soccer team. Unlike other fantasy football (soccer) or fantasy American football platforms, players can win high-value footballer cards, which are distributed as NFTs. They can either be kept as collectibles or sold for profit.
It's a neat concept that combines fantasy football (soccer) and earnings that hardcore fans may really enjoy. Remember that with NFT games, there's always the risk of losing what you invest — earnings are never guaranteed.
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Bethany Hickey is a personal finance writer at Finder, specializing in banking, lending, insurance, and crypto.
Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance and AOL. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt.
Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others.
Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine.
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Image source: Sorare
Image source: Sorare
Image source: Sorare
Image source: Sorare
