FootballCoin enters its sixth season and remains committed to innovation within the blockchain space. For example, the lease option was introduced more than two years ago. It allows any users to borrow and lend players and stadium cards from the FootballCoin marketplace.
This gives users access to virtually every card in the game. How exactly do you use the lease option to improve your fantasy football team? And, how do you use it to earn a profit? In this guide, we’re going to find out.
What are FotballCoin cards?
FootballCoin is a fantasy game that runs on its own blockchain. It was started more than six years ago, making it one of the oldest play-to-earn games on Web 3.
The FootballCoin cards are digital assets (or NFTs) that are used to assemble a great fantasy football team or organize a brilliant contest. These cards can be bought from the game’s marketplace or can be leased out for a limited period of time. Why would someone want to do that? Besides being a great game, these things allow you to earn cryptocurrency rewards.
How does it all work? Here’s an example: You want to join the free Premier League contest being held this weekend. You join up and start picking your team. But, just before setting up, you realize that you don’t own a card of Bruno Fernandes. You can’t possibly win without the talented Portuguese playmaker!
There’s a solution! Just head over to the marketplace and see who is leasing out a card of Bruno Fernandes. Let’s see how this works.
What is the FootballCoin lease system?
The FootballCoin lease system allows anyone to borrow a card. For how long? One week, or one game, whichever comes first. In other words, it is a short-term solution. It helps round off your playing squad.
The lease system in FootballCoin works very similarly to the use of DeFi staking on other platforms. It is a way, essentially, to contribute to the FootballCoin ecosystem and to be rewarded for doing so.
However, you can also lease out a stadium card. These cards let you set up your own contests, pick the games, and collect part of the entry fees. It’s another way to easily pick up XFC cryptocurrency.
Ready to get your loanees? Let’s head over to the marketplace.
What cards can be leased?
Both player and stadium cards can be leased in the following way:
- 3*, 4*, and 5* player and stadium cards can be leased from the FootballCoin marketplace using XFC cryptocurrency.
These are leased for use in one contest or for one week, whichever comes first.
- 2* player cards can be leased using GOLD in-game currency.
They are leased for a period of six months (from January to June and from July to December). These cards are not issued on the blockchain.
- 1* cards are free for any registered user
A guide on how to lease cards
Leasing out player cards on the FootballCoin blockchain couldn’t be simpler. Here are the steps that you’ll need to follow:
Step 1: Register to FootballCoin
Head over to the FootballCoin website, and hit Sign Up in the upper right corner.
You need to set up your account and click on the confirmation e-mail that you will receive.
Step 2: Visit the game marketplace, or enter a contest
You can now enter as many daily FootballCoin contests as you wish. On the upper left corner click on Play to enter a contest, or Market to see the available cards.
If you are joining a contest, you can easily see the cards that are available for lease. Use the filter on the right. Choose Show Leases. Additionally, you can filter the results by position, ranking, etc.
Once you have decided on a card, click Lease. You must pay the fee shown in the box. Once you confirm the lease, the value will be taken from your XFC balance.
Step 3: Search for the player of your choice
Additionally, you can scout the available leased cards directly from the marketplace.
Click Market on the left-hand side. Next, click on Buy/Lease Players or Buy/Lease Stadiums.
You will need to click on the filter on the right-hand side of the screen.
Using the filter, you will opt for Available cards and Leased cards. You can add additional search requirements regarding the position, league, etc. You can also write the name of the player directly into the search box.
Step 4: Confirm the lease transaction
The results will be displayed on the left side. Once you have made your decision, simply click Lease. You will pay the value from your in-game XFC wallet.
A notification will show in the right-side corner confirming your lease. You can now use the card for one game, or one week!
Finally, the card shows as available in the contest in which their team is playing.
How to lease cards for a steady profit
Do you have valuable cards that others in the FootballCoin ecosystem might want? Here’s a great way to earn some passive income. These are the steps you’ll follow to set up your cards for lease:
Step 1: Visit your collection and choose the card
You can see all of your assets by clicking on your profile image in the top right corner. From here, choose Owned Players or Owned Stadiums.
Choose the player that you want to lease out. This card must be rated at least 3*. Click on the card, and choose Lease.
Step 2: Create a lease smart contract
You can now see the other available lease options. These are your market competitors. When leasing directly from a contest, the lowest offer will be shown first.
Choose Put up for lease, and pick the value of the amount that you are demanding. You can also toggle the Recurring function. Confirm by clicking Lend.
When set to Yes the card is put back on the lease market after the one week/one contest period has expired. However, you can remove the card from the market at any time.
Step 3: Edit the pricing of the lease
Remember that you are competing with other users trying to lease out the same card. In order to edit the lease price for your asset, you can click My Assets when viewing the card profile.
Additionally, you can search for the card in the marketplace. Once found, click on Up For Lease just below the card’s picture, and edit the information.
Step 4: Check your XFC balance
Once one of your cards has been leased, you will receive a notification, and your XFC balance will be updated accordingly.
Is XFC like real money?
XFC is a cryptocurrency that is tradable for fiat and other crypto coins. It is minable by playing FootballCoin. Additionally, it is purchasable from the game or a crypto exchange that features it.
What FootballCoin cards can be leased?
Both player and stadium cards can be leased in FootballCoin. The ranking of the cards must be 3*,4*, or 5*. This is because 1* cards are free, and 2* cards are leased using gold, an additional in-game currency.
Can you lease out the same card for every new contest?
Yes, when leasing owned cards, choosing the Recurring option will guarantee the card remains on the market after the lease has expired. As a player, however, you need to lease the card for every new contest in order to use it. Additionally, you can purchase the card if it is available on the market.
Is leasing cards profitable in FootballCoin?
Leasing out cards is a great way to earn passive income for owning your digital assets. A valuable card can bring its owner plenty of additional revenue.