Sorare.com Week 27 | Sustainability Solution (+4$ Earnings)

I have highly been enjoying Sorare.com and now also incuded Rare cards for this 2nd Season that I'm playing. Each Wednesday I'm making an update post on what's going on in the ecosystem and how I'm doing personally.


Sorare right now is in a stage where all the values of players continue to trend down after the reward nerfs while there are not enough new players to scoop up the sell and inflation pressure. This is a problem that won't fix itself next season with the new reward system.

The Sustainability Problem Explained

So there is a certain amount of money that comes in from auctions, and part of that goes toward the costs of profit of the company & shareholders, what is left is put in rewards which makes it a losing proposition for most players of the game. Since the value of cards fully depends on potential earnings, the expected returns for players need to be high to offset the risk which pushes down the prices of card auctions. With the new model where old cards can earn New cards and new cards can earn cash prizes, new cards will get dumped lowering their prizes and reducing the earnings on auctions for Sorare which will make rewards again unsustainable. In case there would be a big inflow of new players, winning prizes will along with that become a lot more difficult which also puts pressure on auction money inflow.

The Sustainability Solution

Part #1 Adding Card Burn Values
So one of the problems is that there is no card burn mechanic whatsoever right now while cards intrinsically have no real value. What I would do is take 20%-25% of the auction value an lock it into the card as burn value. This can be done in a currency based on the choice of the buyer (USDC/ETH/BTC/SOL ...). All these funds can be held by Sorare and part can be used in Defi to generate Yield for an extra income stream to cover costs. Users at any time can burn their card and get the crypto that is attached to it. This gives cards fundamental value and might make players willing to pay a bit more while introducing a burn mechanic and a revenue stream also making it so that there would be more trading fees since cards unlikely will go at absolute minimum value. Reward cards would have 0 burn value attached to them.

Part #2 Create Sorare Governance Token
The good thing about 'governance tokens' is that they mainly get speculative value which adds up to many millions out of nowhere mainly with the idea that it could get a revenue share in the future. Just creating a token with an initial use-case of letting the community vote on which tokens are introduced on the platform that are allowed to lock on cards. This along with the promise that it will get future use-case in the game. The way to put these tokens into circulation is to allow players to burn old cards based on the rarity/level which would create a huge burn and also boost the demand. New rewards cards also can be burned for the Sorare tokens and maybe there also should be a way to convert the current sorare coins or give them as rewards one way or another. The exact number of fully circulating supply and such can be determined properly.

What this would change: Basically cards get fundamentally some value so it's easier for users to invest in them (now it's almost impossible), The total value can be used in DeFi and trading fees should be higher while the overall supply gets a burn mechanic. The Sorare Governance tokens would out of nowhere create multiple Millions if not 100+ Million rewards out of nowhere while creating a massive ongoing burn event and an increase in auction earnings. Later down the line more use-case can be invented for the tokens and possibly some revenue share.


Rare Cap 240 Team:

With the rewards totally nerfed it pretty much just reflects also in the card prices which especially for the weaker players have gone down. I was happy this week with the decreased threshold which manage to earn me 15$ in prize money.


Owned Rare Cards & Values

(last Price update 28/02/2024)

PositionTeamPlayerAgeBuy PricePrice Now
GoalkeeperCercleWarleson26200.84€~150€
GoalkeeperAntwerpDe Wolf2638.43€~30€
GoalkeeperCercleDelanghe2246.69€~25€
DefenderAA GentWatanabe2686.19€~40€
DefenderCercle BruggeDecostere2510.29€~5€
DefenderAA GentNurnio Fortuna2818.86€~5€
DefenderWesterloReynolds2251.00€~15€
DefenderClub BruggeMeijer2040.97€~35€
MidfielderAnderlechtAshimeru2547.67€~8€
MidfielderBrightonAlzate2465.66€~100€
MidfielerOH LeuvenMaertens2899.06€~5€
MidfielderKv MechelenKonaté2927.76€~5€
MidfielderAA GentSamoise2162.22€~40€
MidfielderCharleroiHeymans244.63€~7€
MidfielerGenkBonsu Baah1873.13€~55€
AttackerSouthamptonOnuachu29132.44€~50€
AttackerStandardNoah Ohio2047.12€~20€
AttackerWesterloFrigan2062.07€~50€
AttackerClub BruggeJutgla2488.68€~55€
AttackerGenkFadera2257.32€~75€
AttackerAnderlechtVasquez2238.81€~30€

Week 27 Rare Cap 240 Result

I was really unlucky this week as Watanabe got injured during training and wasn't even in the selection narrowly missing the threshold for 15$

Game WeekPointsRankEntriesNeededGap
Week 27263.025918th15619270-6.98
Week 26273.974546th15114270+3.97
Week 25367.42417th15489280+87.42
Week 24172.6512165th15404280-107.35
Week 23193.943547th7346280-86,06
Week 22207.769649th14966280-72.24
Week 21201.608284th13651280-78.40
Week 20320.11256th6150280+40.11
Week 19325.10730th10401280+45.10
Week 18308.852007th14499280+28.85
Week 17266.745145th15274280-13.26
Week 16242.197936th16209280-37.81
Week 15294.043694th16249280+14.04
Week 14308.252437th16347280+28.25
Week 13269.664400th16090280-10.34
Week 12232.288741st16462280-47.72
Week 11287.953781st16743280+7.95
Week 10359.38542nd16364280+79.38
Week 09316.672033rd16757280+36.67
Week 08334.831020th16824280+54.83
Week 07218.207983rd16961250-31.80
Week 06216.907500th16649250-33.10
Week 05213.108217th16343250-36.90
Week 04316.20551th15993250+66.20
Week 03177.808542nd13880250-72.20
Week 02209.403834th10385250-40.60
Week 01273.00783rd8050250+23.00

Rare Cap 240 Dollar ETH Rewards 2023-2024

PrizeTimes WonTotal
45.5€12x546€
14€1x14€

Rare Player Trades 2023-2024

PositionTeamPlayerBuy PriceSell PriceProfit
MidfielderLech PoznanHotic20.19€83.95€+63.76€
AttackerEupenPrevljak56.15€92.05€+35.90€
AttackerStvvKoita32.63€133€+100.37€
GoalkeeperSuwonAn Chan-Gi0€14.8€+14.80€
DefenderMechelenBates5.10€19.10€+14.00€
MidfielersWesterloMatsuo19.09€21.30€+2.22€
MidfielderHuescaKortajarena0€For SaleSoon

Total Rare Card Investment: 510€
Total Rare Card Value: 805€ **

(** Expected Sell Price After Fees)


Week 28 Rare Cap 240 Team

I still might change my team but this is what it looks like for week 28 so far.


Limited Teams & Results

I had 2 teams that produced rewards in week 27

Game WeekLeaguePointsRankEntriesPrize
Week 27Under 23362.88537th10251Tier 4 Card
Week 27Cap240340.342315th301152$
Week 26Cap240370.27606th300432$ + Tier 3 Card
Week 25Challenger Europe401.79341st10077Tier 4 Card
Week 25Cap240322.144141st305215$
Week 23Cap240303.551449th156335$
Week 22Cap240305.734615th288955$
Week 21Cap240315.703372nd269225$
Week 20Under 23311.79246th2587Tier 5 Card
Week 20Cap240326.20424th116255$
Week 19Challenger Europe329.31307th3736Tier 4 Card
Week 19Under 23299.64544th3378Tier 5 Card
Week 19Cap 240290.602702nd168505$
Week 18Cap240341.091665th271805$
Week 18xCap240284.272455th181835$
Week 17Cap240328.962304th303545$
Week 16Cap240356.791088th312665$ + Tier 4 Card
Week 14Cap240300.526296th317685$
Week 13Cap240287.486750th320245$
Week 10Cap240308.075916th330235$
Week 09Cap240320.894121th334765$
Week 08Cap 220362.66310th22502Tier 4 Card
Week 07Under 23327.99826th9794Tier 5 Card
Week 06Cap 240263.38701st335135$
Week 05Cap 240263.37839th327495$
Week 05xCap 240262.891150th13875$
Week 04Challenger Europe360.80535th9920Tier 4 Card
Week 04Cap 240298.002799th316725$
Week 03Challenger Europe403.78235th9334Tier 3 Card
Week 03Cap 240302.391924th274345$
Week 02Cap 240261.53693rd204545$
Week 01Cap 240320.20440th167465$ + Tier 4 Card

Player Transfers & Reward Card

One extra card which is a young Midfielder from Salzburg who isn't playing right now.


Week 28 Limited Teams

I'm far from sure of the team that I currently have fielded for the cap240 as I don't own the players in the good matchups.

Season 2023-2024 Owned Limited Cards & Values

It's fairly easy to track your personal earnings on the Sorarebase.Football website. The drops in card prices starting to weigh on overall collection value

Cap 240 Dollar ETH Rewards 2023-2024

PrizeTimes WonTotal
4.56€20x91.2€
1.85€1x1.85€

** STRK Airdrop +185€


Conclusion

I'm still having a ton of fun with Sorare and will continue to play even though rewards are getting nerfed hard. If any football fan is looking to join the journey, feel free to sign up with my link to receive a free limited card when building your first team!

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