Hispanic professional football club Real Madrid Club de Fútbol, more commonly known as Real Madrid, is the latest team to join the blockchain-based fantasy football platform Sorare.
Sorare tweets the information on his official account:
“Real Madrid CF joins Sorare! Sales of First Edition cards are now on auction. ”
Sorare NFT Cards
With Sorare, football fans can collect and exchange digital cards in irreplaceable Ethereum (NFT) tokens to form teams and compete with other players.
Players like Thibaut Courtois, Federico Valverde, Raphael Varane can now appear on NFT cards, with the addition of Real Madrid.
Scarcity and uniqueness provided by NFT technology push the prices of some of the rarest cards up to thousands of dollars. The most expensive so far is a trading card featuring Paris Saint-Germain striker Kylian Mbappé, which sold on Sorare for € 55,105 last week.
Nicolas JuliaThe CEO of Sorare, said Mbappé’s € 55,000 sale was indeed a record. Previous work at the auction includes selling Neymar’s or on the secondary peer-to-peer market by Carlos Vela. The buyer judged the cards on two criteria: collectability (lack of significant role play) and usability in the game (scarcity also played a role).
However, that doesn’t mean only the richest football fans have a chance of winning, he said. Not to become the pay-as-you-go stigma familiar to many competitive mobile games, the fantasy football platform divides players into different sections, much like heavyweight.
NFT Cards are Not Payable to Earn
According to Julia, NFT cards are not a scam or payment for earnings because you can only play them in certain sections (DIV2 or DIV1) where there is a shortage of similar cards (unique or very rare). The game is an equal fight; so people with the same budget play against each other in different leagues.
Plus, players can sell their cards at auction and maybe even make a profit. For example, the nickname Maxmersch – the new owner of the Mbappé card – has set the minimum bid at 122,682 euros upon purchase and appears to be expecting to make another $ 83,800 for the NFT card.
The NFT market has been up lately breaking new records. On December 2, Ethereum’s virtual track ticket was selling for $ 223,000. At the same time, the crypto art world got its first millionaire artist. Not to mention the current price increases.
However, that doesn’t mean only the richest football fans have a chance of winning, he said. Not to become the “pay-as-you-go” stigma familiar to many competitive mobile games, the fantasy football platform divides players into different divisions, much like heavyweight.
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