When it comes to the NFT market, you are in for a very eclectic picture indeed.
Cryptocurrency is something that has taken the world by storm, and it has impacted almost every area of our day-to-day electronic lives. This is even true in fantasy football, where there are certain places where you can both engage in your crypto hobby and do your fantasy pastime as well!
Enter Sorare, who is offering their clients a chance to do both at one time. Moreover, they are just one company that is doing this. There are plenty of others out there. Football fans in Liverpool who have now caught the crypto bug will have the benefits of all of the traditional aspects of fantasy football along with the craze of trading cyber funds and creating non-fungible tokens.
Additionally, this company is offering football fans the ability to buy and sell their own player cards through these non-fungible tokens (NFTs). This is a unit of data stored on the digital ledger, called a blockchain. It is something that shows that a digital asset is completely unique and can only be used once. It is not interchangeable.
After new customers sign up with Sorare, they will be able to start their card trading journey with five cards from the newest signings market. Sorare will also be able to offer new members a free card that is very rare as an added benefit.
After you have started your account with Sorare, then you will be able to pick your team and find the corresponding NFTs and play them against other Sorare users. Additionally, there are all kinds of digital leagues that you can choose from!
The prizes don’t just include rare cards either. You also will receive Ethereum and other special crypto-rewards based on what the team you select is doing on the real-life leaderboards. Indeed, it was just last year that a NFT based on Cristiano Ronaldo sold for just over $289,000. However, do not despair, because you can pick up plenty of cards that are much, much cheaper than that!
It was in January when the Liverpool fantasy football league joined up with Sorare, and that is when they offered their users the chance to buy the first edition Mo Salah, Sadio Mane, or Jordan Henderson cards. Much like many other non-fungible tokens (NFTs), these will naturally increase in value and it will help you make a profit on the transfer market that is Sorare.
There are plenty of other licensed teams to choose from as well, including Juventus, Real Madrid, PSG, AC Milan, and plenty of other teams in the J-League. There is truly a broad spectrum of fantasy teams to choose from here.
Originally, these source cards were only available through a bundle sale, but now that all of the bundles have been sold, the secondary trading for individual cards will be able to take place soon.
In a sense, this fantasy football league collaboration with crypto and NFTs offers people the best of both worlds – people can engage in their pastime of fantasy football but they also can be introduced to the fascinating and multifaceted world of crypto as well.
