The much-loved game of football has always been about the die-hard fans rooting for their favourite players and teams in different leagues across the world. The sight of the ball hitting the goal net results in an adrenaline-pumping moment for the followers of the global sport.
The term Non-Fungible Tokens (NFTs) have received great attention both from mainstream media and the proponents of cryptocurrency in recent times. With a huge 653,690 unique crypto-collectibles in the market along with a whopping $69.49 million in trading volume, NFTs have performed very well resulting in greater returns both for content creators and investors.
So how about integrating the lucrative world of NFTs and football which has a large number of followers. The Sorare NFT marketplace does exactly that by offering a valuable fantasy football collection for the fans.
What is the meaning of the Sorare online NFT selling platform?
It is built on the sturdy Ethereum blockchain network. The buyers can purchase crypto collectibles from the top 135 global football clubs and teams. It also allows the trading of sports cards with other fans on the online platform. Sorare has 1897 traders and a humongous trading volume of $420,650 currently according to data provided by DappRadar.com.
The sports fans can create their own line-ups, manage squads, earn points and rewards depending on the real-life performance of the football players in matches, and also get weekly prizes.
Analyzing the fresh funding of $50 million for the Sorare NFT Marketplace
Sorare made big news in the cryptocurrency market after receiving $50 million in funds from Benchmark venture capitalists on February 25 this year. It also received investment participation from celebrities like Barcelona player Antoine Griezmann, former Spanish footballer Gerard Pique, ex-English football player, Rio Ferdinand, Belarusian entrepreneur Gary Vaynerchuk, and the co-founder of Reddit, Alexis Ohanian.
Sorare will use the funds to add NFTs from the top 20 football leagues in the globe, launch a mobile app by the end of the year, and implement aggressive digital marketing campaigns. It has already witnessed a 52% growth in trading volume in the past three months. Sorare traded sports cards worth $4.2 million in January 2021.
Sorare has raised more than $60 million in funds till now and is profitable at the moment. The online fantasy football NFT selling platform is planning to switch over to the Zero-Knowledge (ZK) Rollups due to the issue of high gas fees on the Ethereum network.
Entrepreneurs looking to create a cutting-edge NFT marketplace can procure the Sorare clone script from AppDupe. It is a readily deployable and feature-packed Ethereum-based online selling platform. The Sorare clone comprises well-functioning Android and iOS apps for football fans, content creators, a user-friendly website, and a modern dashboard.
How does the Sorare clone function?
Football lovers have to sign up on the Sorare clone NFT marketplace by submitting the required information like email address, crypto wallet, and phone number. They can also register by syncing their Facebook and Google accounts. The football fans undergo smart KYC/AML verification by the Ramp Network.
They can participate in games and tournaments with a team that contains five different collectibles representing defenders, forwards, goalkeepers, and midfielders. The winners will get prizes and rewards depending on the total number of points accumulated at the end of the tournament.
The players can check for new tournament updates in the Game Arena section of the Sorare clone NFT selling website. The football gamers can also participate in one tournament available as part of the Weekly challenge with any combination of their Player cards. The winners will receive crypto collectibles and Ethereum (ETH) cryptocurrency directly to their compatible digital wallets.
Soar up in the fantasy football market with the presence of a Sorare Clone
What are the special features of the Sorare clone script?
Real-time updates are shared from the Gaming Arena about the performance of the football players and the fans can make smart decisions based on the available data. There is no chance of cheating or fraud as the same crypto collectible cannot be utilized by the players in two different teams.
A high level of transparency is ensured for the football fans in the information shared related to points and scores. There are no operational risks for the players leading to regular participation and increased trust. Safety of investment is assured for the football lovers as they buy only licensed cards from approved and certified teams on the Sorare clone script.
The Sorare clone also provides other advantages like a bonus point system, customizable teams, eye-catching graphics, and a highly user-friendly interface.
How can football fans start using the Sorare clone?
New users get 10 free digital sports cards that can be traded while they join the Sorare clone script. The limited number of cards never expire and football lovers can utilize them to play in any number of tournaments.
The players have to build the best collection of sports cards, win various challenges and tournaments regularly, and earn profits by selling digital trading cards on the transfer market (shifting of players between different teams).
If they perform well, the players will be upgraded to the New Manager position. The rewards depend on the performance of the players, rankings, and scores accumulated after a certain period.
New players can be bought by football lovers by placing a bid for them in the Transfer Market. They have to bid within 2 days for each player. The football lover who bids the highest price will own the sports card.
The digital sports cards can be sold by the players by accessing the “Manager Sales” section of the Sorare clone website. They can display their collections of trading cards in a virtual gallery. The football fans receive the latest updates from Discord channels and Twitter accounts.
Why is the Sorare NFT Marketplace getting a lot of hype in recent times?
It added five more Italian football teams from the popular Serie A league to its online platform recently. Sorare also launched trading cards of the J1 Professional Football league, Japan.
Entrepreneurs can easily scale the digital soccer collectibles platform like Sorare and earn huge profits soon. Players can earn quick returns both in the short and long run through speculation. Sorare will also add more players and teams to its online platform in the future and try to beat NBA Top Shot in sales soon.
How can the players enter different leagues in the Sorare Clone?
The football fans create their first teams with five cards on the Sorare clone and enter the Rookie League. The players can choose between either Common and Rare football cards.
Up to 100 points can be earned from a single card. XP points will also be awarded depending on their experience and level of playing. The captain gets all the bonus points.
They can participate in four leagues for the next four weeks. The returns, in the long run, will depend on the value of their team. More points can be accumulated by the football lovers if they feature in tough regional and national divisions battling with strong teams.
The football fans can take part in different leagues like (All-Star, Regional, Training, and Under 23). There are three different types of digital sports cards that can be utilized (Rare, Super Rare, and Unique).
The various types of regional leagues are (American Champions, Asian Champions, European Champions, and European Challenger).
Concluding Viewpoint
The global football industry is worth several billions of dollars. Investors are also making money in millions from investors now. Sorare has mixed both the lucrative elements of crypto-collectibles and fantasy football efficiently in its platform. Hence, entrepreneurs can take advantage of the bright cryptocurrency market conditions and bright investor sentiments to become the king of the fantasy sports industry via Sorare clone script development with assistance from AppDupe.
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