Diego Armando Maradona passed away on Wednesday, and as a result his fantasy football cards in the blockchain game Sorare are pumping in value. Sorare announced that they will no longer mint new cards from the late football legend. Prices for cards picturing Maradona as coach of Gimnasia y Esgrima La Plata have now quadrupled.
Sorare offers cards in three different rarities. The rare cards are colored red, and have a maximum of one hundred edition per season. Two days ago these cards sold for 60 or 70 euro a piece, but since Maradona’s death similar cards sold for 250 up to 375 euro.
Right now the cheapest card for sale is just below 300 euro. However, most of the Maradona cards on offer, will cost at least one thousand euro. Keep in mind, these are cards of Maradona as a coach. Coaches don’t have any functionality at the moment within the Sorare fantasy football game.
What is Sorare?
Sorare is a fantasy football game powered by blockchain technology. The project also has support from game publisher Ubisoft through the company’s entrepreneurs lab. The fantasy football game is enjoying lots of hype in recent months. For example, the game is among the most active applications on the Ethereum blockchain. In July the company received a four million dollar investment to push the game forward. Before the end of the year, the Paris-based company wants to have approximately 150 different clubs in their portfolio.
Blockchain technology introduces actual scarcity to digital cards, so these cards have a limited supply. Players can use the cards they’ve bought to create a fantasy team. Each card represents a real player. As a result of the performance of that player on the actual pitch, card holders will earn points. Weekly Sorare is handing out hundreds of playing cards and more than 7700 dollars in prizes.
The cheapest cards generally sell for a couple of dollars, while the most wanted ones go for well over a thousand dollars a piece. Join the game!