Business

What is Sorare and how to play it?

Fantasy football and cryptocurrency collide in Sorare. For football fans, this is a way to be competitive off the field and start investing heavily right away. Users can play the game online in their browser or download the Sorare app. In this article you will read all about what exactly Sorare is and how it works.

What is Sorare?

Sorare is a blockchain based fantasy football game loved by many football fans worldwide. The founders of the platform want to give fans the opportunity to develop and play the game even if they can’t play it on the pitch. Users can buy, trade, sell and manage a virtual team using digital player cards.

By competing against other users of this fantasy soccer game you can earn points. It’s more than just playing virtual tournaments, you have to strategize and create lineups. The more you know about the real-world performances of your players, the more points you earn.

The Ethereum-based platform was developed in 2018. In 2020, Sorare player cards sold for $52,500, and in 2021 prices rose to $3.6 million.

How to play Sorare?

Playing Sorare is different than watching the league on TV. As a manager, you can create a virtual team – this Sorare beginner’s guide will give you a head start. The core of the game are the collectible digital cards, better known as Nonfungible Tokens (NFTs). When users sign up for Sorare gameplay, they receive five player cards for free.

Related: How to create an NFT: A guide to creating a non-fungible token

Users can get started right away without investing any money. But is Sorare free to play? Yes, it is, but if you want to improve your game, you can start trading. Every soccer team has five main positions: goalkeeper, defender, midfielder, forward and substitute. Users buy these player cards on the OpenSea NFT marketplace. Based on soccer players’ real-time performances, your team will get a series of points within SO5 league matches.

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Users’ players compete in virtual tournaments every week and points are awarded based on their performances on the physical field. Is a player penalized with a red card or does the footballer score in real life? Then you win or lose points in the game accordingly.

As a user, you see this positively or negatively in the number of points. Remember that luck is also an important factor as a top player can also be sidelined and benched. Just when you had this player in your team – too bad.

To protect the dynamics of the game, there are also rare collectibles from NFTs that come in rare, unique, and super rare items. Last February, professional footballer Erlin Haaland’s card was auctioned for nearly $700,000, and you could have gotten it followed the sale live on Twitter. Sorare NFTs can be bought or sold using the Ether (ETH) cryptocurrency.

Should you invest in Sorare?

The choice to invest in Sorare we cannot tell, but we can inform you about the value of Sorare cards. At the end of 2021, auction prices looked like this:

  • Rare cards are available from 0.005 ETH;
  • Super Rare cards from 0.048 ETH;
  • Unique cards started at 0.478 ETH.

Right on the site you can track all trades and statistics, so you always know the value of your potential future cards.

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The Play-to-Earn game uses its own currency, the SOR token. It is an ERC-20 token compatible with the Ethereum blockchain. As a user, you can use this token or trade your Sorare NFTs with it. If you decide to stake SOR, it is possible to generate passive income. However, the token is primarily used to purchase new trading cards.

How do you earn points in Sorare?

There is a lot of debate about the value of player cards on Sorare on various forums, but the platform itself simply made the score public. You can find it under the FAQ on Sorare’s website. Players’ scores are composed of several elements as mentioned in the image below:

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The deciding result can be either negative or positive due to various factors such as goals, penalties, red and yellow cards, own goals, missed chances and assists. The total score is determined by a list of no fewer than forty actions including tackles, tackles lost or won, a missed pass or an opportunity created.

If users have a football captain’s card, they will receive a 20% point bonus. Trade in a player from the current season, it’s worth +5%.

How does Sorare work?

You now know how the game was developed and why you could invest in this NFT fantasy football game. Signing up is easy, but we’ve created a step-by-step plan for you:

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The five cards you receive upon registration are purchased with fictitious money. They therefore have no financial value and cannot be traded with ETH.

Related: Decentralized Finance (DeFi): A Beginner’s Guide

If you really want to play the fantasy football game and invest in some trading cards, you can start with Sorare. Anything you buy with your own money is worth something and can be sold for a profit in the future. However, make sure to do proper research before committing your funds to any decentralized finance (DeFi) project.