Flipside's World Cup of Bounties Side Quest: Sorare Compete With Collectibles

    Here we go with the dashboard that covers Statistics on the buyers, volume, and a number of Sorare NFTs sold on Opensea; transfers and mints over time; and statistics on contract events like the addition of players and clubs. Lets us dive in without many interactions.

    INTRODUCTION

    Users of the digital, playable, and collectible Sorare platform may engage in fantasy sports competitions in the leagues of baseball, basketball, and football. Sorare enables users to manage five-man teams in fantasy soccer competitions and swap digital player cards. The cards themselves are nonfungible tokens, or NFTs, which are virtual collectibles with a blockchain-based ownership history.

    To construct a blockchain-based game, Sorare draws on the world of fantasy sports leagues and non-fungible tokens (NFTs). The Sorare NFT collection includes all 30 Major League Baseball clubs as well as more than 280 soccer (or football, for those of you outside the United States) leagues. Superstars in baseball and soccer may be found, such as Kylian Mbappé, Lionel Messi, and Cristiano Ronaldo. The OpenSea marketplace also sells these NFTs.

    Soccer and baseball enthusiasts are the emphasis of Sorare, which offers play-to-earn mechanisms with distinctive athlete cards. According to the circumstances of the match, each card has useful stats. However, Sorare does not need you to combine and "breed" two cards in order to create a new card, unlike some other NFT card games like Gods Unchained. You receive what you see, and the site has hundreds of cards for you to add to your roster.

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    > A Few of the famous NFTs by price are shown below. This is obtained from > > \

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    METHODOLOGY

    Rather than explaining the usual way of briefing the steps I followed, I will give hints on the ways such as the tables and ideologies. That will be pretty interesting.

    I have accounted here sales mainly, Thus Ethereum-nft_sales,nft_mints, and nft_transfers have a vital role even in that the events such as sales, and mints are the most concentrated.

    All data are retrieved from Flipside crypto and a few SQLs owe credits to Hesem, Delvin, Esi, etc.

    The copyright of this dashboard owes to Twitter handle user: @sssnand98

    Now lets us visualize the charts:

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    The sales in the Sorare are charted here, and the overall charts here clearly indicate the total value of the NFT sales volume, Buyers, selling events as well as the different NFT tokens involved in Selling in the Sorare considered. To make it clear all of these correspond to the Football Market.

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    The different tokens and the sales volume in the Sorare over time is charted here and it is seen that in the recent days, total volume has shown a decreasing trend while the NFTs involved remain almost the same throughout.

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    The sales type in Sorare and the buyers over time are charted here at the right top with the secondary has a less count in the old days but now both the sales almost maintain the same scale

    The time-dependent analysis of the sales, sellers, as well as buyers over time in the Sorare, is charted here and it clearly indicates that the trend has a high change in recent days that the trend has shown a small increase in the sales as well as the unique sellers and buyers.

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    As mentioned in the methodology,

    the total mints and the minters in the Sorare network are charted here and it is seen that compared the last year, the count has drastically decreased this year but it is also seen that during the month of September there is an increase in the total mints which is the highest in this year of 2022.

    Also, the chart below represents the sale type yielding more volume.

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    The total sales and the volume of the sales in the Sorare network are charted here with the different sections of the volume and it is seen that most of the sales are made with less than 100$ and the count of events>900$ is very less.

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    Total minters as well as the mints in the Football market in the Sorare are charted for here and it is seen that the total minters and the mints are almost similar and so it is clear that the total minters haven’t done two mint.

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    The sales over time in the Sorare with the different volume distribution is seen here and it is seen as by the other distribution that in the recent days the volume less than 100$ has peaked the most.

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    Both the charts to the left and the right display almost the same idea but with different visualizations.

    Initially, here the chart to the left indicates the top 25 Sellers in the Sorare by volume.

    The chart below this shows the buyers with the volume as the scale. Now that both the charts account for the cumulative of the NFTs and not only particularly considering a few top ones.

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    The top 25 NFT holders in the Sorare are shown here and it is seen that a single user holds 91.4% of the total share which makes this feel like an influence of the whales.

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    The top NFTs in the name of the players by the volume of the sales as well as the total selling events are charted here and it is seen that by volume Arjen Robben is the most sold NFT and by sales 4 NFTs hold the same share.

    All collections are available at

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    The chart to the left shows the top 25 Users who wisely play with the Sorare and NFT sales and is indicated by the volume of the Shares each user has made.

    Learn and play makes the success rate high!!

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    The top two platforms involved in all of the events happening in the Sorare are charted with each of the contributions in the market and it is seen the dominance of open-sea in the sales and events the rarible as the name sounds, the users rarely use it for Sorare transactions while the Sorare is high by huge magnitudes.

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    The chart here indicates the time-dependent distribution of the Minting event in the football market in the Sorare where the parameters such as the minting transactions, and the NFT tokens involved in minting as well as the users.

    Over the period of more than one year as the timescale here, the chart has been following a decreasing trend but the count of the tokens and the transactions has shown a hike in the last month with the same number of senders and receivers. This hike then might be due to the fact that the same user making more than one mint.

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    This chart is just to indicate that other markets are also present in the Sorara but that we are interested in the dominating Football market.

    This is not a comparison of all three as it is not necessary to look into the statistics of Sorare in this Football season.

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    The different sale types over the whole time are charted here and it is seen that the role of NFT plays a vital part in the primary sales while the secondary sales yield the volume with more sellers and it is also seen a large number of minters in the primary sales.

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    INFERENCE:

    The data and figures above show that, in terms of transaction volume, 90% of all transactions are connected to Minters (Primary Sales) transactions, with just 10% of transactions, as of this writing, being offered for sale in the secondary market. The time-dependent charts make it clear that up until the start of July 2021, the highest sales were those associated with mints (primary sales), and up until the middle of August 2022, we experienced a decline in sales. However, starting in September 2022, there was an increase once more in both markets.

    Naturally, the number of receivers and transfers has increased once again as the World Cup approaches, which was during the last several months. In the end, we determined that NFT of Arjen Robben 2020-21 • Rare 7/100 is the most costly token and the token with the highest sales volumes.