Sorare makes money by issuing and selling new cards on its platform . Players can then purchase those cards and add them to their existing squads. As of right now, Sorare does not receive a fee for secondary transactions, meaning if a player is selling a card on its marketplace.
Read moreWhat token is used on Sorare?
Sorare operates on Ethereum’s underlying blockchain network in order to secure the ownership and distribution of cards. The supply of cards is limited and cards cannot be altered, duplicated, or deleted. Each player card is represented as a non-fungible token (NFT) using the ERC-721 token standard on Ethereum.
Read moreIs Sorare an NFTs?
In the fantasy football game Sorare, players collect and trade digital trading cards that depict real footballers. The cards are not simply digital images, but NFTs on the blockchain . We explain the background. Sorare is a blockchain-based fantasy football game that is also popular in the UK and the US.
Read moreDoes Sorare have coins?
The SOR token allows sports fans and crypto collectibles enthusiasts to safely collect, trade, and showcase their favorite digital football memorabilia. Each SOR token is available to purchase through the Sorare NFT platform and Opensea.
Read moreCan you make money on Sorare?
Fundamentally, there are two ways to earn money on Sorare: Finish in a certain spot in any of Sorare’s bi-weekly tournaments . Sell cards you either bought or won.
Read moreWhat is XOR coin?
SORA XOR is the native utility token that is: Used for transaction fees (gas) on the SORA substrate network. Elastic supply, managed by a token bonding curve. Enables holders of a certain amount to become a citizen and member of the SORA Parliament.
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