Just thought I would drop a tiny update as to my first week on sorare.
After what seemed like a nightmare getting a coinbase account, then a coinbase wallet, then linking them to sorare, buying crypto currency I was up and running.
I only bought £100's worth of ETH (the currency they use) and once they take a little off in transfer fees etc i was left with 0.504 ETH to go shopping with.
Three ways to buy, 1 is auction based where sorare release players when they want to, there is a maximum number of cards in circulation, so 100 rare, 10 super rare and 1 unique - and depending on what they are they get you a score multiplier....so a rare card will get you 7.2 when you buy it brand new from the auction house. However, and this is what I love about this 'game' your players gain experience based on your overall 5 man fantasy team to enter (1 gk, 1 def, 1 mid, 1 att and then another position of your choice), they score points all get added together, shaken about and then all 5 get the same amount of exp - then as your players gain exp they level up (to a max lvl 20) each time they level up the score multiplier goes up....as does the value other people will buy the players off you from (you can list - 2nd way to buy) or using the discord advertise the fact you want to sell (3rd way to buy)...what I have been doing is looking at my cards, seeing what has sold in new auctions, then contacting the 2nd highest bidder direct to say you can have my card for the price you wanted to pay and flipped them (no commission to pay).
Im loving it at the moment, and until FI settles down, my savings will go into sorare, It's only been a week and although its not mega money I am 7% up (my port value ETH). There are no gambling laws to its worldwide as the card you have its a virtual collectible - you don't get in play divs etc.....the company (sorare) give out free cards based on your position in a tournament and you get to do what you want with them, sell them or save them.
I spoke with my sons ages 17 and 19 about crypto currently, and how this site is going about it - and they have told me that come a couple of years this will all be linked in with online gaming and the currency ETH will be used in games such as world of warcraft, cod, basically any game where you can spend money collecting stuff to make your character look different.
For anyone thinking, what the fooks all this about, save yourself a week or so's divs from FI and have a dabble.....or as a forum, get someone you trust, transfer a set amount of money and play it as a 'team' so to speak.
If you wanna know more - drop me a message, but for me - its the future.