Sorare NFT - Cristiano Ronaldo

2020-21

Cristiano Ronaldo

Sorare NFT

1? card

I first came across this 'card' a few days ago when it opened on Bonhams auction website for US$120,000 and an estimate of US$800,000 - US$1,200,000. The auction ended at 15:00 on 11 November, 2021. With 30 minutes to go it was sitting at US$320,000 and finally closed at that price.

I must admit I don't see the appeal for these, all I keep thinking about is the Hans Christian Andersen story about the Emperor's new clothes.

I have copied all the relevant information from Bonhams website.

Non-Fungible Token ERC-721

Collectible Digital Card

Minted on Sorare, February 21, 2021

Scarcity: Unique

Token ID: 1148444862129301

57607608557069442393

4907397096009304852188038

24233090253879394

Smart Contract Address: 0x629A673A8242c2AC4B7B8C5D8735fbeac21A6205

Custodial Wallet Address:

0xc69b4c6ffdbaf843a0d0588c99e3c67f27069bea

Link: https://sorare.com/cards/cristiano-ronaldo-dos-santos-aveiro-2020-unique-1

Bonhams Head of Digital Art, Nima Sagharchi: "Sports trading cards have been valued and collected for over a century, and 2021 is very much the year of the sports card with physical cards representing Lebron James, Luka Doncic and Tom Brady each already having sold for millions of dollars.

"Sorare presents us with the natural evolution of this format, a fantasy trading card game in digital form with cards that accrue rewards. Bonhams has always aimed to push boundaries in our sales and to be the first auction house to offer an NFT of this kind is a very exciting prospect, particularly as this NFT is of the great Cristiano Ronaldo. The excitement felt up and down the nation when he returned to the Premier League in September was palpable – we felt an equal excitement learning that he would be coming to Bonhams."

The present NFT is the only unique card of Ronaldo minted for the 2020/2021 season and is officially licenced by the player and his team . It shows him in the black and white kit of Juventus but remains usable in the game despite Ronaldo's transfer to Manchester United. Sorare is a fantasy game of football, where players buy, sell, trade, and manage a virtual team with digital playing cards. The game uses blockchain technology based on Ethereum and was developed in 2018 by Nicolas Julia and Adrien Montford. As with traditional fantasy football, the teams are ranked based on the performance of their players on the real-world football pitch.

The supply of cards is limited and use of the blockchain means that digital cards have provable scarcity. They come in three formats: unique (1 of 1), super rare (1 of 10) and rare (1 of 100). The Ronaldo card on offer is unique and, as one the greatest players of the modern era, arguably the most desirable card in the game.

Cristiano Ronaldo - Unique 1/1