A Big Moment For Sorare 💸
Sorare has its "Moment", Record-breaking sales, Ticket-Gating comes to life, and Roham goes shopping.
Something kind of big happened this week:
Sorare announced ETH Rewards for their MLB product, starting in week 3 of their new season (April 7th).
Although this is hardly news (they’ve been hinting at it for weeks), it’s a pretty major leap forward for a platform that has only been able to actual prize money on their Soccer tournaments.
With the arrival of ETH (details tbd, so it could be pennies lol), Sorare may finally be able to bring in the crowd; as in the real DFS players.
It’s worth reminding everybody that Baseball is the second highest played Fantasy Sport in North America (behind NFL), and thus had many potential suitors for a web3 version.
Plus, this MLB news may signal an even larger move: the NBA might be next, and my prediction is that it comes in the next few weeks as Sorare launches its playoff campaign.
Exciting times!
But for now, let’s get into all the action from this past week.
Here is what’s on tap:
🏟️ Claim a FREE Opening Day Pin on Candy | 30 seconds
The season has started and to celebrate (following their big sellout this week!), Candy is minting a FREE open edition pin.
🥊 Get a for FREE Wrestlemania NFT | 30 seconds
Candy is doing it TWICE this week, with a second free mint to celebrate this weekend Wrestlemania!
👑 Open a FREE Draft Kings PGA Pack | 30 seconds
To celebrate its launch of the PGA product, Reignmakers has a free pack available right now with NFTs that can be used towards upcoming tournaments.
📚 ALL DAY Rookie Playbook | 60 seconds
These are the final playbooks of Series 2, and there are 50 free yards on the Rookie version (and easy path to 100 for a pack!).
📦 Draft a FREE Team in Sorare MLB | 2 minutes
Although you missed the start of the MLB Season, its not too late to get in on the FREE action from Sorare. And the big story here - ETH Rewards are coming soon!
🥶 NBA Deletes Tweet about Sorare “Moment”
The NBA and Sorare have made it no secret that they are deeply in bed together - and the NBA account may have infringed on a bit of Dapper Labs copyright with a now-deleted tweet!
Although AG’s language is a bit aggressive here (as usual), the wild part here is NOT that the NBA tweeted this to their 43M followers - its that they deleted it, in a clear sign of the turf war for the association’s non fungible market.
And now with ETH Rewards coming to the MLB side of Sorare (and likely to bring in many new users if done right), only the NBA side remains ETH-less. But for how long?
But hey don’t worry Top Shot.
As far as NFT/NBA related products it could be worse:
🚀 Monster Sales on Top Shot & Sorare
Well look at that.
Right in the bear market, sports NFTs are still selling at high levels on both the collectibles and fantasy side!
The LeBron jersey serial from his record breaking Moment sold for nearly $20k!
And on a much crazier not, the latest Mbappe 1/1 Sorare card sold for an astonishing $196k this week, which is $35k more than its highest ever physical sale!
My goodness. Where is that money even coming from!
🏈 ALL DAY Closes Series 2
NFL ALL DAY has officially announced the end of Series 2, which was actually its first full season of operations. The series ends on April 28th.
To celebrate, we asked the community’s top content creators to give us their top long-term hold from Series 2.
Worth noting: We are currently partnered with ALL DAY on some off-season content, and will be making more as the spring and summer progress. So keep an eye out for it!
🎟️ Token Gating Comes To Ticketmaster
This was large news earlier this week, and I didn’t want to miss it.
Ticketmaster, which is partnered with FLOW on the NFL side of things, has finally rolled out token-gated ticket sales (not sure what chain its on though)
Rob’s tweet explains the value right there. For years now, ticket sales have been botted to hell, as its become a massive business to re-sell popular event tickets. And concert-goers have also fallen prey to Ticketmaster’s “dynamic pricing model”, that jacks prices up as the event gets more popular.
But no more. At least for the hardcore fans!
Basically, bands/teams/artists will now be able to token gated a certain amount of tickets for their loyal fans, based on the NFTs they own.
This has long been one of my preferred use cases of the medium, as it rewards true fans and those who have made the effort to collect the bands digital assets.
Good on you Ticketmaster!
From very early in the week, but this pass from Luka was pretty wild.
Man could you imagine the Mavs miss the play-in…
Baseball is back and for the next 10 days 6 months, it’s gonna dominate our sports attention! And wouldn’t you know, last year’s MVP and record breaker led off the season in style:
And as usual, we were granted many awesome airborne highlights.
**This is not financial advice. Nothing in this newsletter, podcast, or publication should be considered financial or trading advice of any kind. Please do your own thorough research and make your own trading decisions. This is not advice.”
About The First Mint
A web3 sports community. Collectibles, NFTs, and Metaverse.
Tweets and Newsletters are not endorsements.