1 month ago
Everyone’s journey on Sorare is unique. They say that every journey starts with a single step, but it is a question of which direction you choose to take that step, which will determine your path. Today, I’m going to take a look at the two most common (and affordable) paths into the game – Rare and Limited cards.
To keep the cards at a premium, Sorare only produces a certain amount of each type of cards. Until the middle of August, the “entry level” cards were the Rare cards. There is only a maximum of 100 of these cards produced for a player in a given season. You may see a player's "serial" number in the top corner of his card. These Rare cards can be used in their own leagues and can be combined with a “Common” card to form a 5-man team.
On the 13th August 2021, Sorare created a whole new scarcity of cards known as Limited. Instead of 100,
Limited cards are capped at 1000 per card per season
The idea behind this was to ensure the platform was ready to welcome a huge influx of new users into Sorare and was hailed as a “New Era” by Sorare. These cards have their own set of leagues in Sorare's fantasy game (SO5), in which you must enter 5 limited cards to participate. The prizes in these SO5 leagues the cards are exclusively Limited cards and ETH prizes are awarded only for the top-3 finishers in each league.
The creation of this brand new entry point brings with it a whole new question – which path is right for me?
If we take a look at the Rare cards, the first thing you notice is that they are more expensive. This is simply due to there being fewer of them. With over 50,000 managers on the Sorare platform owning at least 1 card, should someone wish to buy a particular rare card, there is only 1 for every 500 users on the game (at best, assuming a full 100 produced, which is not always the case during a calendar year).
This creates more competition and therefore a simple “Supply/Demand” economic situation. However, this does increase the ability to “Trade” these cards for significant profits when the player is performing well as they increase in popularity. This allows you to sell cards and buy either more expensive ones or begin to withdraw your original stake.
In terms of their “utility” (how the cards can be used), there is a variety of leagues that the Rares can be played in. The most popular is the newly named All-Star Rare (formerly Global All-Star Division 4). Not only can you win Rare cards as prizes, but you can also get ETH payouts for achieving set scores. This ETH payment is triggered when scoring either 205 points in a Gameweek (a prize of 0.01ETH), or when achieving the higher “threshold” of 250 points (0.02ETH).
To me, this is the biggest advantage the Rare cards have. In the almost 7 months I’ve been on the platform, I’ve collected 0.35 Eth in prize money from these thresholds, which in my local currency is over £1,000!
The initial concept was to allow more players to access the world of Sorare due to the lower entry costs of buying the cards. While this is indeed true, many of the prices for some of the top-end cards are still significantly inflated. At the time of writing this, many of the limited cards still have less than 150 issued, which has artificially inflated the value of these.
As time moves along and more cards are produced, the value could indeed see a dip from current levels. This, however, could well be offset by the influx of new users, leading to a similar “Supply/Demand” situation we currently see with the Rare cards.
With the lower cost of the cards, there is also the opportunity to “Trade” with the Limited cards. While the ETH return would be smaller than it is from the Rare cards, when you look at the % variance, it would be very similar. It would be possible to continue turning a profit from these cards, but you would need to sell many more of them to be able to make the same overall cash amount, albeit with a significantly smaller starting budget.
The final aspect I’ll look at is the prizes from entering into the Gameweeks. Unlike the All-Star Rare league, there is no ETH payment for achieving a certain score. This does mean you are fully competing against every other manager in the league in order to win a Limited card from your chosen league.
There are significant ETH prizes for finishing in the top 3 places of a league. However, this attracted many users to spend large sums in search of winning these amounts. As a result, it can be much more difficult to win a prize with a low-end side in the Limited leagues. Recently, I finished with a high-end “Tier 3” Limited prize from the Asia league, but this reward was worth less than 0.002Eth, which represented a very small % of my investment.
For me, it all comes down to what you are looking to invest into the platform and what you are looking to get out of it.
If you want to compete in multiple leagues and competitions without spending a small fortune, you may well wish to have a go with the lower-cost Limited cards. If your budget is quite small, you could also take advantage of some of the cheaper players and look to sell them at a higher price in order to make some profit and build up a better squad or simply to make more money.
Personally, I take a look at my realistic “Return On Investment” (ROI). In my most recent video on YouTube, I listed 15 players from which you could build a side capable of achieving either of the ETH threshold payments. The cheapest of these combinations would have seen you spend 0.104Eth (around £300) but this side would have achieved the 250+ score (with a common GK playing). This would have meant a prize of 0.02ETH, showing a 20% ROI. This is what I advise anyone with the budget to take a look at. My Limited side returned a meager 3.125% based on the prize I won.
All in all, I would suggest you do your own research into which path you should follow. There is no one-size-fits-all approach and everyone is different. While my conclusion here is more aligned with the Rare cards, that is because it fits with my approach. What you may be looking to get out of Sorare may be completely different. You may decide to do both! Find your fit with Sorare and make it work for you.
Feel free to drop me a message in the comments section below.
Sorare YouTuber and Twitter account. Started investing on Sorare at the end of March 2021 with £300, now reached £4500. Follow me on Twitter, @Sorareonabudget.