How Much Could Splinterlands Land Be Worth?

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How Much Could Splinterlands Land Be Worth?

Splinterlands is a play-to-earn game and has become one of the most successful and popular blockchain games built on the HIVE blockchain https://hive.blog Earlier this year land was sold out on the game accounting for a total of 150,000 plots of land. Now that may seem like a lot but remember millions of people are now playing blockchain games in particular play to earn games so 150,000 plots can get very competitive!

Take a look at the price points of Land on WAX
waxland.jpg

A once $20 land plot is now selling for over $700 but what's really crazy is land is hardly talked about in the game. There's still very much unknown about land other then the fact it will passively produce resources and spells to be used within the game. What we also know is that these resources and spells will be tradable on the market as tokens. This means you can produce these resources and use them yourself or trade them with other players creating one of the biggest passive income resources I can think of!

The other factor I think we have to pull in here is that many players are currently not super active in the game. This is because at the time of writing this older Untamed, Alpha, Beta, Dice and Orbs packs are going for $50+ each! Just now we are in prelaunch of Chaos packs and those are selling out like crazy including vouchers.

Because of these factors of not being talked about much and a lot of the focus right now is on Chaos prelaunch it begs the question of what the price of Splinterlands Land plots will go for once we get more details on land, the official release announcement and then the day it releases. Those are always big days for any game asset which makes me think $800 right now could actually be crazy cheap!

What We Do Know About Lands

From this post here are the full details we have so far but I'll sub it up quickly in this post.

https://peakd.com/splinterlands/@splinterlands/splinterlands-land-expansion-details

  • Each plot of land is a NFT which can be traded, sold or used.
  • There are a total of 14 different land types they are Plains, Hills, Tundra, Swamp, Bog, Mountain, Canyon, Caldera, River, Lake, Forest, Jungle, Desert, and Badlands
  • Each land can be one of three categories Natural, Magical or Occupied
  • Most plots of land will be Natural which can harvest one of four natural resources (Grain, Wood, Stone and Ore) *These are the core assets to build, upgrade and maintain all buildings that are constructed on lands
  • Some plots will be Magical *These are rich in one of six magical resources Virtulium (Life), Reclaimed Souls (Death), Ulana Seeds (Earth), Sparkstone (Fire), Bottled Storms (Water), and Heliostones (Dragon) *These lands will be more rare and will be one of the two components to mint Item and Spell cards
  • Some plots could be Occupied *These plots are filled with wild beasts that can be attacked to gain essences which will be the second needed resource to build spell and item cards
  • Each plot will have a rarity Common, Rare, Epic or Legendary this will determine how abundant the resources of the land are. Rare = Fertile, Abundant = Epic and Overflowing = Legendary
  • Buildings will be required to use the land and they are Natural Resource Harvest, Natural resource Refining, Natural resource Storage, Magical Resource Harvesting, Magical Resource Storage, Essence Harvesting, Item & Spell Manufacturing these building will require natural resources to both build as well as maintain.
  • Most lands pots will require some existing Monster and Summoner cards to "work" the land in order for it to produce. It's also possible that specific types of cards can have an impact on the land harvesting and production. *Example: Fire Splinter cards will produce better on mountainous land compared to a lake. Let's just say you may want to keep hording all of your cards if you plan on using land yourself!
  • Very few lands will have a Castle or a Keep these are set on the card itself and can not be removed. These unique cards will provide something special to their holders and the lands surrounding them.

Land brings a powerful new aspect to the game in terms of Items and Spells which can be used in battle and seem to be burned after each battle. This means it's a constant sought after resource of players and it can ONLY be created with land.

What else is important is that this creation process is random and many factors will go into what provides a higher quality item or spell such as... level of building, monster & summoner cards working the building, types of essences uses bonuses from totem artifacts placed in building.

Buildings as well as crafting and gaining resources takes time but all of these factors can be sped up by using DEC (Dark Energy Crystals)

How Much Could Land Be Worth?

*This is totally speculation and not investment advice. Do your own research before investing and understand the risks.

With land currently trading at $800 each and currently not doing anything besides being a place holder land could very well go up to near $2,000 would be my guess. Being that there's only 150,000 plots and each plot is unique and at the moment it is unclear what plot you have until land is released this unknown factor of land plots could drastically increase in value!

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37 comments
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While I couldn't have dreamed to see such prices for LAND, lately my mind is thinking that anything above $1,000 is a healthy price for it. The risk factor that I see if new land will be sold as while initially, they've said it will not be, lately in the AMA I see some incline to maybe have another sale for it, with or without SPS holders voting, although I think that would be imperative through the governance token.

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I don't feel we would see another land sale for a long time. It wouldn't make sense to the first land sale that isn't even out yet. While it's very real the case that more could be added I see it as a governance vote as well.

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As for governance:
Land owners majority me included would probably vote against having more land. Since those who hold the land also have quite a big SPS stake and voting power I think it would be hard to vote in new land sales...

But who knows. If the game keeps growing at this pace we could see a shift in governance as millions of small SPS stakes could counter the whale votes.

Exciting times!
!BEER

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This sounds crazy but possible. I've seen land go for crazy amounts on Wax!

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I've seen speculation of up to $10k but I think that would be a function of scarcity years down the line, more so than a legit target for the near future, if at all.

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Dang if it goes up to 10k I'm totally selling out hate me if you want LOL

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Lol. I couldn’t hate you… I might buy them from you. 😁

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I'm curious if keeps and castles will go for a premium since they are unique land cards. Those I could see going for 10k for sure. I just hope when land drop comes I at least have some good quality lands and not a bunch of normies :(

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Same. I’m sure I’ll get an epic something and common dirt for everything else. Lol.

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I think land could absolutely go for $10k plus at some point. And I'm not talking in 5 years. I'm talking within a year. In many ways, it will be dependent upon what the rest of the crypto markets are doing. If we do indeed ramp up into a mega cycle and BTC goes well into the $100k+ range with ETH and the rest of the alts following suit, it is no longer crazy to see land going for those high numbers as well. For example, say CUB takes off with the introduction of these IDO's and goes to $20. I don't think it's crazy that someone would "pay" 500 CUB for a plot of land. Or if HIVE goes to $10. I think people would still be willing to send 1000 HIVE for land if it turns out to be as popular as it looks like it will be.

It's all relative. While I'd never spend 10,000 HIVE on a PLOT, I very well might spend 1000. Or ETH, as another example. If it goes to $15k like some thing it might, then spending .5 or .7 ETH might not seem so ridiculous. Especially if you've got 100.

Look at the guy who just spent $700k on the Region. 100 Plots of land for $7k each. And that could very well be cheap.

It's one thing to spend $10k during a bear market. It's a whole different animal when everything is worth a ton more than you paid for it.

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Look at the guy who just spent $700k on the Region. 100 Plots of land for $7k each. And that could very well be cheap.

1000 plots for 700$ each. A region is a 1000 plots or 10 tracts with 100 PLots each.
!PIZZA

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Semantics. You say pot-ah-toe, I say potato. What's an extra zero between friends. lol

Thanks for correcting me...

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Well if they keep printing the USD like there's no tomorrow, there is no top to the price of land! Maybe it should be valued in sats instead of USD.

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lol well that's true as well! Inflation would in fact kick in on gaming as well as crazy as that might sound.

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If you want to buy land. Wait for the release date when the vast majority of the land plots will be released. I am sure there are quite a few players willing to sell down the price. That will be the only dip we will see... then it is up and away!

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Yep totally agree with this. I think another factor right now is we don't know what each plot is so you could have some super epic land and not even know it right now until it's released and the NFT card is assigned to that plot. That unknown factor I think brings value in general. Once released we will know if its a common land card (not a high value) and if it's a legendary a super high value so there's chances with holding on to it.

Another thing is it seems like you're going to need a number of lands if you want to produce items and spells yourself. Otherwise you're going to be buying resources off the market instead of having everything in house. Having everything in house could be a huge play.

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I can't believe I gave so many plots away! About 54 or so back when they were just $20! LOL! Great post!!

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I am starting to feel dizzy when I see that @splinternews is giving 1 plot to his subscribers when they hit 1k followers.

Wonder what the price of land will be at that time...

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What i'm interesting in learning is the ROI on the resources that you can get from holding land, cause then I believe we will know the price of land and which one will be the most popular types of land available

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Yep the passive income from lands could end up being pretty sweet! Curious to see some numbers when this rolls out and how much use the spells and items will be and how sought after.

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holy ding. Im so glad I bought a tract. Definitely the strongest investment Ive made so far.
The unknown aspect of the land plot lottery and all of the factors that will go in to item creation make this VERY exciting to look forward to!

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Same here I was hesitant but ended up saving 1,700,000 DEC and buying one before the sale was over. Amazing investment so far. What was $1,700 is now about $70,000 I have a feeling however the Keep NFT card is going to fetch a sizable price. Plus the air drops where pretty sweet totems and all the goods!

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You talk that, land that what $20 is now $700 now, just to tell you,is good to invest. Any one that invested when the dollar is $20 has more profit now is $700 that's the spirit of investment.

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Since I'm just speculating on the 1 plot I bought at $495 I have to decide if I'm gonna gamble on when they release what each plot type is or sell just before. I have no idea when that happens though.

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I am more exitedabout land than any other in game asset. I really hope to see a ice way of earning passive income.
!PIZZA

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Same! I'm sure you wont make millions right away but even $150+ in just straight up passive income from that would be legit. That would replace a full time job.

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