Sorare Compete With Collectibles
- Here on the first part we can have a look at the number of trades and traders on this game.
- This boxes were last updated on November 22nd and they give us an overall status of the trade system in this game.
- As you can see 1422 number of sales were made by 262 sellers and on the other hand we have 848 buyers that bought the tokens from these sellers.
- 1440 tokens were traded in these sales and the volume of the whole sales is 200.7k USD with the average volume of 124.8 USD.
- Under this box we have the number of minted tokens along side minters with number of mint transactions.
- As you can see the total minted tokens, last updated on Nov 22nd, are 336k, number of minters are 16.33k and finally the number of total transactions are 14.15k.
- The daily amount of the info of last line is shown on the right side of their numbers and we can judge by the graphs that the peeks on these also happened on the first day of each month.
- One more important detail here is that minted tokens and transactions with the minters amount are decreasing rapidly as we go forward.
- The cumulative number and volume of sales over time show us, by the end of Nov 1st we have 1421 sales with total volume 200.6 k.
- The distribution of sales by their volume show that most of the sales were less than $100.
- More than 99% of number of sales and their volume happened on OPENSEA rather than RARIBLE.
- The monthly number of tokens show that the traded amount is an overall rising trend and although with the spikes and holes along the way we can see a noticeable progress in the end compared to the starting point.
- On Mar 1st of 2021 the first spike happens and we see 165 tokens been sold out.
- The second and more intense spike happens on Aug 1st of 2022 ant a total of 368 number of tokens were traded on this day.
- The detail that we can point at is , almost all of the spikes happened on the first day of each month like Aug 1st or Mar 1st or Feb 1st and ect.
- Same goes for the graphs bellow and we see the spikes of sellers and buyers of each month on the 1st day of them.
- Top five most expensive tokens are listed on the left and we see on the first spot a token with 13.36k value which is robben by the way, I say its a good spend.
- The same token is in the first spot of most total volume of trades on the right.
Conclusion
- One thing I want to point out is that video games have always been a very good and reliable platforms for marketing specially NFT and different tokens.
- I’m not saying that I’m the first person whoever thought that but those in this business should give it more thought because as we progress forward a larger number of people no matter the age choose video games as their favorite hobby, and the most important reason I believe is the easiness and accessibility of them.
- Sorare is a pure example of what I mean specially now that the world cup in happening this platform can bring out a lot of profit and be a good way to revive the market through a fun and practical method that almost everybody can enjoy and use.
- Even before sorare we have seen numerus platforms using online transactions in video games to gain profit and in return they give unique benefits to the buyers of the game like better gear in the game or better characters.
- In my opinion this used to be the way of NFTs even before the NFT was born, think about famous games like world of warcraft that are around since 1999.
- These digital items were and still only obtainable through microtransactions and copying them result in punishment for players and users, aren’t these the same rules about NFTs?: D
- Final point I’m getting at is that video games are excellent opportunities for businessmen for investment and it will only get better in the future.
Appendix
- Author: Hojjat
- Discord: hojjat7878#8809
- Twitter: @hojjat8d
- Email: hojjat78delshad@gmail.com
Thank you dear ==alik110 for codes==
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THANK YOU FOR READING!
About Sorare
Sorare is a blockchain-based fantasy soccer game adored by many soccer fans worldwide. The founders of the platform want to give fans the opportunity to develop and play the game, even when they can’t play it on the field. Users can buy, trade, sell and manage a virtual team with digital player cards.
By competing against other users of this fantasy football game, you can earn points. It’s more than simply playing virtual tournaments because you need to build strategies and create lineups. The more you know about the real-life performances of your players, the more points you earn.
The Ethereum-based platform was developed in 2018. In 2020, trading Sorare players cards were sold for $52,500 and in 2021, the prices went up to $3.6 million.
How to play Sorare?
Playing Sorare is something different than following the league on TV. As a manager, you can put together a virtual team — this Sorare beginners guide gives you a head start. The game’s core is the collectible digital cards, better known as nonfungible tokens (NFTs). When users sign up for the Sorare gameplay, they get five cards of players for free.
Related: How to create an NFT: A guide to creating a nonfungible token
Users can start right away without investing any money. But, is Sorare free to play? Yes, it is, but if you want to level up your game, you can start trading. Each soccer team has five essential positions: the goalie, defender, midfielder, striker and substitute player. Users buy these player cards on the OpenSea NFT marketplace. Based on the real-time performances of the soccer players, your team is awarded a number of points within the SO5 league games.
Method
- To find Sorare NFTs, we have used contract address filtering (==0x629a673a8242c2ac4b7b8c5d8735fbeac21a6205==) in the
nft_address
column of theethereum.core.ez_nft_sales table
. - The starting date of the daily charts of Mint NFTs was from ==May 1, 2020== , and the trading date of these NFTs was from ==June 1, 2020==.
- I have used the following filter to categorize purchases and sales:
when price_usd < 100 then 'Less Than $100' when price_usd >= 100 and price_usd < 500 then '$100 - $500' when price_usd >= 500 and price_usd < 1000 then '$500 - $1000' when price_usd >= 1000 and price_usd < 2500 then '$1000 - $2500' when price_usd >= 2500 and price_usd < 5000 then '$2500 - $5000' when price_usd >= 5000 and price_usd < 10000 then '$5000 -$10000'
