Steemit Crypto Academy Season 2 Week 4 || Selling and Buying NFT by @levycore
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Steemit Crypto Academy Season 2 Week 4 || Selling and Buying NFT by @levycore
What is NFT and how does it work?
NFT (Non-fungible Tokens) is the buying and selling of digital assets that do not exist in a tangible way, created to be collectible and to be extremely unique.
When a certain person sells an NFT, he not only shares the file where it is located, but also gives the rights of the tokens to the buyer, crediting this 100% original sale thanks to the blockchain.
They use Operation (blockchain) blocks in chain, which prevent duplication. They are yours, even if you don't have them. They are not always unique, so buying, distributing, collecting, and trading is normal; Although this causes us a headache, it has become not only a business, but a hobby, for those who since childhood were fans who spent it exchanging letters and other physical items. Now in this digital world the doors are open to merchants and fans from all over the world.
What are the assets present in NFT?
They are practically considered as digital works of art, as well as the collection of sports cards, rare images from any video game, fashion designs, clothing brands, among an infinite etc. These items can be tokenized, that is, they exist physically and are then taken to the digital world, these are known as cryptokicks.
Artists and influencers take advantage of this to get their own articles online, but they are not the only ones, but companies; sports clubs and their respective leagues; TV series; Apps; Streaming companies; among others. They realized that you can get even more out of their products, in this way an endless number of tokens have emerged helping the market to grow exponentially.
It should be noted that these markets have the advantage of selling these assets of digital items, offering us the option of operating with transactions using cryptocurrencies, paypal, credit cards and other online payment methods.
What is Sorare?
Sorare is a blockchain-based football game with an NFT marketplace that allows us to acquire and sell football player tokens. The game is based on the user becoming the technical director of the team, in this way it allows us to make our own team.
The objective of the game is to face other rivals in the blockchain league, measuring the confrontations by the category and the level of team we have. The team is made up of 5 cards of real life players, the level will depend on the performance of each player in real life.
In addition, it allows us to sell and buy players, with the aim of improving the squad or to trade and get a juicy profit for our portfolio.
How to manage to sell and buy in Sorare?
Let's go to the main menu of the web, which offers a quick and simple interface to use, offering us the option to buy and sell a Sorare asset previously explained. They allow us to use credit cards and / or Etherum as a payment method, also opting with the advantage that the web has a digital wallet so that the experience is more comfortable.
How to buy NFT in Sorare
Go to Sorare in your preferred browser and log in.
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Once logged in, go to the market section, located in the upper left. Selecting the cards sub-option
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We select the filter of our preference, and then proceed in the search for the letter we want
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We press bid (pujar)
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We select the payment method we want to use and register it, once we register our payment method and bid we will be opting to get our player
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How to sell NFT in Sorare
We go to the main page, there we select My Club and we give the sub-option of My Cards
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We select the player to sell
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Once the player to sell has been chosen, we press sell my card
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Sorare Disadvantages
There is criticism from the public, especially the devaluation that players can suffer, because their performance in real life is anchored in Sorare's market price, having as a disadvantage the devaluation of players who are in your club and consequently loss of money.
Conclusions
At this point, we determine that the purchase and sale of NFT may be beneficial for us, it depends on the use we want to give it; whether it is a commercial use or a collectible use. Opening the doors to the future, this technology allows us and will allow us to continue to achieve more and more stability in the blockchain and in decentralized tokens.
On the other hand, Sorare offers a very good service, giving us the opportunity to negotiate and collect tokens of the beautiful game, bringing us not economic benefits if we wish, but rather brings nostalgia to collectors of physical football cards; for example, when cards were collected from the World Cup.
This is my Homework Post for Steemit Crypto Academy Season 2 Week 4 || Selling and Buying NFT by Professor @levycore
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Hi @manuelgil64, thank for submitting your homework
Feedback: you have explained well how to buy and sell nft on Sorare marketplace.
Rating : 6
Thank you very much Professor @levycore