Cryptokitties, Sorare or Sandbox are digital asset projects based on the concept of non-fungible tokens also called NFTs (Non-Fungible Tokens), cryptocollectibles or cryptogoods.
Cryptokitties are digital kittens, each of which is represented by a unique, non-replicable token, like a card. The most expensive cryptokitty was sold at 600 ETH. Users are willing to pay high prices because the concept of a unique asset on a blockchain is attractive. Early adopters of this asset line are speculating on the rarity of the token as well as its unique attributes.
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Buying cryptocurrencies can be done in a number of ways:
Through exchange platforms such as OpenSea or RareBits, specialized in secondary NFT markets.
Directly from their issuers, on the platforms of the projects themselves. In this article, we will review some concrete examples.
Buying your first NFT with Sorare
Sorare (contraction of the English “so rare”) is a platform with a system of non-fungible tokens, associated with soccer player cards. These cards exist on the Ethereum blockchain with the license rights of the players’ club.
The way Sorare works is quite simple: the platform offers a marketplace where soccer fans can buy the “crypto card” of their favorite soccer players. At the start of the auction, players are worth anywhere from a few cents to several hundred euros, depending on their market odds.
Players can buy as many crypto cards (in the form of non-fungible tokens) as they want to build a soccer team. Each footballer has three types of cards: unique (one copy), super-rare (ten copies) and rare (one hundred copies).
With these cards, players can participate in the soccer championship organized every weekend, similar to MyGazon. The platform allows access to a game arena, in which you have to compose your team with your crypto cards.
The idea of the championship is to line up the best team possible and score the most points according to the players’ real-life statistics. A reward system in ethers is planned for the best players of each championship weekend.
The point of these cards is to have the unique digital property tied to a player in that season. Imagine having bought Zinedine Zidane in 1988 when he was the player of AS Cannes. That card certainly had little value at the beginning of the season. Not only would he have been a very good player in your team, but you would have gained a definite increase in value when you resold this token a few years later during the Zizoumania of 1998.
The way to buy these NFTs is very simple:
For those of you who do not have ether, packs are available for purchase in a few clicks with a credit card
For those of you who already have ethers, you can also buy NFTs individually (sold by Sorare or by other users)
Buy your first NFT with The Sandbox
The Sandbox is a platform for creating games and content, in the form of Voxels (contraction of Volume Elements, they are 3D pixels), in the “Minecraft” style, but on Ethereum. It’s a UGC (User-Generated Content) platform where creations are imported as non-fungible tokens, allowing the real ownership of creators and the interoperability of their creations.
Where do I store the NFTs?
Trust Wallet offers you an easy way to store and access all your cryptocurrency collectibles with peace of mind and security. Collectible cryptocurrencies are secured on blockchain and are associated with a public address. In recent years, we have seen several versions of crypto-collectibles such as CryptoPunks, CryptoKitties, Decentraland, Lordless and more become very popular.