Sorare card prices are THE hot topic of conversation - and fear - on my timeline.
People selling entire collections.
Worry and doubt running rampant.
Using the power of Supply & Demand curves, we can explain what's happening and predict the future in minutes.
Let's dive in ↓
Where are we headed today?
Major Pain Points👇
Addition of New Leagues - EPL
(Over)supply of Cards
Solution Time 🚀
How I expect Sorare to combat this.
What you can do now to benefit.
Housekeeping done - let's gooo!
Addition of Premier League
What people are saying?
Issuing needed cards for gameplay boosted supply
Pulled managers another direction with their budgets
In econ terms... More cards, same manager base.
What’s happening?
Supply shifted to the right as more cards were issued and sold.
Assuming demand stayed constant, you'd expect prices across the Football platform to drop.
And you'd be right.
Which brings us to item 2.
(Over)supply of Cards
What people are saying?
Too many cards available on auction (Baseball would like a word...)
In econ terms... More cards, same manager base.
Sound familiar?
Can you spot the difference to the first graph?
Trick question. There isn't one.
In econ terms, you see many of the same impacts here.
More cards, same manager base.
Both scenarios playing out together has a compound, negative effect on card prices.
Time to talk solutions.
Assume everyone doesn't magically get a stimulus check.
What lever remains for Sorare?
You guessed it → Grow the user base.
A primary goal for the year, Sorare brass knows this.
That's why we see big partners rolling in daily.
With enough new users, the Demand curve shifts right.
This combats the supply increase, and drives prices back up.
With enough new users (pictured here), prices return to pre-EPL levels.
With more new users, prices could rise even further.
But what's it mean for you, the wayward manager?
As usual, patience.
Even in the midst of a bear market.
The product is still young and growing.
Signs point to additional traction across each sport.
Feels like a "be greedy when others are fearful" moment.
Stay calm, don't panic. Sometimes, it helps to zoom out.
When I zoom out, I see:
A fantasy platform that can make ANY sport a Sorare sport.
Strong footholds in MLB (after only a 1/2 season) and NBA.
Eyes on Hockey, American Football, and others.
Funding and runway to make it happen.
So many partnerships.
Users will come