aggi wrote: ↑Fri Apr 29, 2022 3:05 pm
The Ponzi top trumps was a joke but there are some huge risks associated with their model.
The primary risk is what happens when the leagues, clubs, players, etc decide to sign up with someone else? There won't be long-term contracts in place (probably 3 years, maybe as low as 2 or as long as 5). If you strip out the whole of the Bundesliga or EPL or similar then what is your unique Mo Salah card going to be worth as people head to the new platform? Or what happens to the value of your Zlatan Ibrahimovic card when he disputes the right to use his image.
Obviously the links to a ponzi scheme are that for these things to have values and for player trading to work there needs to be someone willing to buy it. Just look at the recent news about the plummeting value of the NFT of the first tweet for what happens when that market doesn't exist. There's also the "affiliates" who get rewards for bringing more people in.
Also, the later you get in the more it's going to cost. You're competing against quants like Blackpool so there's a vicious circle of those who came in on the ground floor just accumulating more cards (and the associated option to manipulate the market).
the EPL are not licenced on there yet, their vision is to get the top 20 leagues signed up, so far they've got 11 or 12. Here's the good thing, those old cards remain in the game, so for example Lyon were licenced in the game, Cornet has a Lyon card right now, that scores for his Burnley performances. Same with Weghorst and his Wolfsburg cards.
I think it's totally unrealistic to suggest suddenly all those licences wont be renewed and more wont be added. The Bundesliga was full licenced and added 6 months ago, the site was booming before the Bundesliga was added. So there's your answer
SoRare do not need auctions to sell, to give out rewards. That's fake news
There are affiliates yes, they take a 10% cut on all refered users for 1 year, not an issue.
The later you get in the more it will cost? slightly true but still fake news. The European market has dropped with the season ending, it will rise again closer to season restart. Austria and Russian had a winter break where the same happened, people sold before the break and bought again when it restarted. Same with the MLS last season, some cards 10x in value if you had the patience to wait 2-3 months during the off season.
As for competing with Blackpool, not quite, there are different leagues, different divisions in each league, Blackpool's main focus is the very top of Division 1, so unless you're willing to spend a million £ off the bat, you're not really in direct competition with them. I don't think Blackpool play Division 5 at all.