Panic Sell Your SPS Tokens if You Must-But There Might Be Important Factors to Consider
With a near 50% fall in dollar value recently of The Splinterlands in game SPS tokens has been remarkable to say the least. New endeavors such as this can see high volatility and shock in all ways to say the least.
When these tokens first came out I personally was expecting a lower price to start with the upside of a gradual stair step jump upwards early on. With a pre-sale of about 1.9 cents/token to investment groups I personally was guessing a very likely 5-10 cent/token initial dollar value--and was I completely wrong.
Seeing highs north of $1.20 the token seemed shockingly high in value on it's first day release and holders seemed like it was a one instant trip to the moon. But in all things investing it simply does not work that way. Gains are taken, especially massive gains. Those that have been long the game in all assets had the shock (including yours truly) of the amazing ascension with earlier modest expectations in comparison of the earliest results.
Now that there's been almost a full week of air drop releases the realization that asset holders receiving a similar amount of these tokens in the asset drop is setting in. I want to preface this right away and will mention it surely again in this article and it's very important I intend to not persuade you to do anything with your SPS tokens. What you do with your own assets is your own choice due to your own interests, needs, wants, etc. If you are holding, staking or selling all actions are very likely being done for the very best interest--the asset holder's free will.
The above is the idea of an end to a means that is listed in the previous sentence. Assets in an ideal world work for you and provide you with that means as a tool for what you want to see happen. Whether you are brand new to the game or have been here from day one, or anywhere else in between in experience of the community thus far.
A very, very important factor to consider is that the SPS token is essentially an end product of all labors and value of The Splinterlands in game efforts. The game itself has needless to say a paramount interest in maintaining its value to the holders, as any investment of time and resources would in any venture.
With that being said and the game having discussed the high likelihood of SPS being value to be transferred in the up and coming Chaos Legion card release within the next few months there are factors to consider as an owner of these tokens. Again, I am not providing you with personal advice, your means for this asset is unique and not exactly like anyone else that acquires SPS. When the game unveils the card series and if there are any (possible) additional special promotional items for these cards it's important to know that in the past these assets have been substantially valuable to the game players moving forward. Does that guarantee anything with this next pre-sale and ongoing sales of the packs? No it certainly does not. But there is a track record to consider.
Cards like the Dragon Welp, Shin-Lo, Delwyn Dragonscale, Halving Alchemist, Red Dragon, and Chain Golem have all been cards that have been released in the past as exclusive promotions at different times involving booster pack purchases and partnership programs. These cards over time have become essential to the highest end deck builders in game without question. Their rarity and extremely heavy handed holding of them have made these cards among the highest priced cards on the secondary markets for this reason.
It's very exciting to me being around this project to see the upside in the new players pouring in what seems as endless numbers. The major upside to these players is definitely going to be done within the Chaos Legion card release. This will be the first chance to anyone who has chose to take part in play to earn as the first "complete leveling of the playing field," meaning everyone whether old or new will start at zero. In the same respect when the daily earnings of SPS from battles will also be great in the fact that players regardless of old and new can earn SPS rewards based on their level of play and success at their given level from top to bottom.
Not to mention with Guild Brawls heating up and the stellar job that the team has come up with in making this yet another incredible dynamic as a game within the game is as exciting as can be. Land expansion I feel could be an upheaval that takes this game to mind-boggling greatness for all that take part, but that is yet to be seen exactly how it all will shake out.
New market liquidity in the swaps that have arose in the game in several ways has been an opening of figurative tentacles allowing the game to continue its organic and geometric growth. The secret is slowly starting to leak out to the general public now and keeping the "genie in the bottle" is now no longer possible. It's just a question where you find yourself in that equation which has widened the player base and possible outcomes far more than the game has ever experienced.
Herculean efforts from peakmonsters in ongoing improvements has made the game light years more simple to rent on a trial basis to those everywhere in between that wish demo to dominate any level. The game's explosion has been no accident thanks the game's dedication to maximizing card liquidity to all players regardless of the most minimal (to massive) capital outlay. Not to mention market tools that help the user navigate the most recent cards for sale--which I recommend those that wish to own cards to navigate that market with "hawk-like precision." Deals for singles and leveled up versions of cards pop up routinely and they are always available on a "first come, first serve" basis.
Coming back to the SPS point as in an game model and making my attempt to wrap my mind around the whole project some core factors seem apparent. The game's outward success is reflected in a major (although not completely-but vast majority) way to the public in the SPS token value and how it is viewed by the players themselves.
As mentioned earlier if the game does indeed choose to accept SPS tokens as payment for the next pack promotion then they will be incurring an opportunity cost of accepting these tokens as currency in keeping the business running. So, at some point the game could have to at some point sell these back to the public if operating costs need to be met. But if the game is taking in piles of fiat currency, other crypto, credits, or any other means then the game has a central interest in using that capital first in their ongoing expenses rather than dumping their own coin en masse right back to the public.*
I am surely not an insider of the team, just a humble observer. And again, in making your own decisions you will need to do what's best for your situation and I personally of course cannot make that decision for what is trending to the upwards of 200,000 game accounts/people involved in the game.
I simply am giving you the perspective based on probability and track record of how the game has operated in the past which of course guarantees nothing but gives some place to start in projecting probabilities to come. I do personally think the game has an incredible interest in maintaining some level of ongoing increased value over time of the SPS token to their players and to the public that follows it, without question. This is paramount and the "North star" so to speak as a general gage of where things are or could one day result.
As of the time of this post The Splinterlands SPS token is 1/14 the value of the diluted market cap of Axie Infinity's similar in game token. There will no doubt be comparisons of the games back and forth due to their play to earn models having some similarities. Blockchain gaming is well on its way to being redundant in the very term itself. More and more "mainstream" games are well on their way to tying value to their in game rewards and there is no telling when/if it ever stops or its ultimate destination--but as of right now it's as hot as anything as perceptions are being flipped on their head in all of gaming about this model. Axie Infinity may always maintain this healthy lead in scale over The Splinterlands game. The gulf may close somewhat but either way the growth for either is not a zero sum game. With currency ready to pour into anything that seems like any kind of store of value (not to mention the fun part) blockchain gaming's future seems to be a very bright one.
So if you are cashing in selling your SPS tokens as fast as you can... congratulations you have earned the right to do so. If you are staking your SPS tokens... congratulations you earned the right and are receiving a whopping reward in-like asset token rewards. If you are sitting on your SPS tokens wishing to stay liquid congratulations you have earned the right and are nimble to any sudden moves up or down that can be taken advantage of as you see fit. If you are a perspective earner of SPS tokens and not yet getting airdrop tokens then congratulations... you are still very early to the best kept secret in blockchain gaming and/or future gaming.
What a marvelous post about a marvelous game.
Wow, thanks. And yes to the second half of your comment.
You took a complicated subject and made it make sense! Good job Crypt!
Always good to have perspective in all things in life! :)
Thank you very much. Considering the source that means a lot.
Hey it's stasi pigface, gestapo agent extraordinaire. Some ass licking bro love for the mega bot farming reward pool rapists!
Look at this fucking "bro club" dickface. The richest wallets of SL, constantly feeding the other richest wallets of SL, with endless ass licking circle-jerk tickles of their buttholes. Both on-chain, but especially in their special circle-jerks on discord, which can be controlled even more precisely and to their every wish and command - a place where they hold the keys to everyone else's future and are willing to oppress, silence, harass and group bully others to their liking in secret, while still maintaining a cult following with their two-faced smiley faces. The main weapon of their choice at teamshithole - building a discord technological enslavement grid, where they get to choose who can and cant speak, when they can speak and to whom, and in what context, where they have a "facade" of democratic decision making, while his whore mistress controls everything in private by constantly manipulating it all (including your limp dick).....
Don't you fucking dare have a fucking opinion that goes against uncle dictator dave and his whore mistress and @bestpartnerever. If you dare say anything about the dirty entitled whore who started out by pimping herself for crypto pennies, you will find yourself in a discord prison, with a life sentence to serve. Amazing what an entitled vagina can reap in rewards, from an obsessed pervert and limp dicked old man. You get to become unstoppable reward pool raping mega whales and SL multi-millionaires, by using "money" (in whatever form that takes) taken from others, "aka" other "communities" and individuals (by cheating them directly) to seed fund your success, and then greed compound it endlessly.
The dictator in chief, and leader of the pack of the "cult of Dave" and his mistress "bee-a-cheetah-cunty-thief-princess.....He sure does love @ilovepoorpeople! After all, that's how he tried to make his name from day one, by trying to enslave all the penny chasing "small fish", while promoting himself as "leader of the pack" once again....seems that someone has a huge ego and desire to control others and enforce their will on them though putting themselves at the top of every pyramid that can find/create. But of course, with a bribe system of promises, so that all the minions you control can worship you, and keep coming back for more. The perfect feeder system of "poor people".
I clearly remember the days, where you all acted like such virtue-signalling anti-reward pool rape victims.....but now, you have become the very thing you rallied and virtue-signal against.....HMMMMMMM, I WONDER WHY. FUCKING TWO-FACED HYPOCRTIES. Keep raping that reward pool, while trying to deny others with your control freak attitude, harassment and bullying campaigns - and all for your own self-interest and that filthy CUNT CRYPTO WHORE.
However, the real reason why he really loves "poor people" so much, is because he loves to control them and then entrap them into his enslavement grid guild, and no other reason. Out of pure selfish reasons and nothing else. The bribe system...always works when you find the right desperate people. The ponzi bribe system for "poor people". It never stops, when you make others rely on your "charity". Your love for "poor people" really touches our hearts...all that generosity generated by the cult of dave.
C'mon poor people, come kiss uncle Dave's feet so he can feed you.....the perfect charitable dictator. Have you been taking notes from the "elite" Sir? Oh yes you have, since you have directly copied the enslavement control model for your own self-interest, and the interests of your special circle-jerks of mother fuckers who sat back and watched the abuse in amusement while under the spell of the poisonous witch (and still do to this day, as you all still think its hilarious, as continuously mock and shame your victims at any opportunity you get) - The whore mistress that you have a permanent boner for. .. She pimped herself out like a cheap crypto whore for pennies under your "guidance" in the early days of your "schemes" on this blockchain. Then you turned that server where you conducted those operations and "schemes" into the teamshithole guild....And you were always there right behind her sniffing her panties everywhere she roamed, while constantly drooling at the mouth at the thought you might one day get to stick your limp dick in her. Congratulations, on finding the most wicked and poisonous witch on the blockchain, who tries to maintain that "innocent princess" persona.....but fails miserably like the fucking filthy whore that she is. She does have tremenedous success however, at getting her mangina body guards to do her manipulative dirty work for her while she hides in the shadows - magina wankers that is. They all line up to take turns at sniffing her panties.
And the "bro club" constantly slapping dicks with each other in public, while both abusing every part of the rewards system they can in private - or should I say in "secret". The "cult of Dave" and his gigantic monopolised guild structure where he has installed himself and head dictator and oppressor, with his whore bee-a-cheetah-cunt mistress by his side, who organised the rigging of matches and tournament/leaderbord results to hoard an immense amount of in-game assets - and most importantly the filthy scandal where they cheated their way to the top of the ladder, by using other peoples accounts to "flee" to their own accounts on the battlefield - you found the perfect foil (pardon the pun), in another desperate third world slave (you being his mentor), all at my direct expense.....not only that, but then also abusing, harassing and bullying them if they dare question anything directly, or anything they do or say on discord in general in your controlled mafia guild, and then conducting private kangaroo courts to drag peoples names through the mud, all while instilling a deep seeded hatred through brainwashing techniques into your disciples - the very tactics that all cult leaders use. The result of that abuse, is more power, influence and control, and more hateful abuse towards anyone who questions anything that either you, or you whore mistress get up to - in the "guild for the little people" - to those who dare question anything (the obvious to anyone with half a fucking brain cell) you then compound that abuse in the form of never-ending mud slinging lies in the shadows of discord (your DMS are bombarded with this hideous trash) to further enforce the beliefs of the disciples, ad in the plan of the "cult of Dave". The mangina panty sniffing supreme leader of the reward pool rape gang. And those kangaroo courts were held in secret, while the "accused" was completely stripped of any access to any parts of the guild he previously had access to, and was completely unaware that it was taking place. He was however eventually made aware of it in a twisted and disgusting attempt by the assigned gestapo agent "pigface stasi", in a "private" conversation where he demanded that the falsely accused was asked to "apologise" to the fucking disgusting bullies and thugs, where he was given an ultimatum and NO OHTER CHOICE. The verdict was already in - guilty as charged. There was no official word on what the "charges" actually were, there was no ability for them to defend against those "unknown charges", and the abusers and thugs themsleves were the judges and executioners. In other words, you charged your victim, with the crimes you yourselves committed. How's that for a twisted bunch of psychos. It is however thre nest way, to cover up your own crimes, by using as a cover story to play the victims of what you yourselves created.
Uncle Dave has created the perfect enslavement grid, by using bribes and "charity" and the "poor people" card to enrich himself. After he abused all of those "poor people" to the maximum possible threshold - after he milked that dry as much as he posssibly could with his lame promises of riches, he then started a GIGANTIC BOT FARM TO CONTINUOUSLY RAPE THE REWARDS POOL....Because there just weren't enough third world slaves around anymore. And the irony of that? Of course is that he was vehemently anti-bot publicly when he had those players playing for him, but then changed when that all changed. But that was the only reason why he changed his mind....Had nothing to do with his "principled" anti-bot rhetoric when self-interest came into play. Funny how that works.....
YOU are a mother fucking disgrace, and you did it all for your permanent boner of that filthy whore mistress that you are obsessed with...That's right folks, this piece of trash garbage, not only did all of the above, but he also trampled on the rights of others and the very existence of another "member" of his own guild. A founding member, that he purportedly told was his "friend", while he was shoving knives in their back and organising cheating and rigging of matches WHILE THEY WERE OFFLINE BEHIND THEIR BACK. Well, he sure did fuck that "friend" hard and good, and threw them under the bus, all for the direct benefit of himself and his whore mistress.
Can you please explain why all of these third world slaves LITERALLY CALL YOU "COACH"?...What were you coaching them in? Sounds very shady, when you consider all of the events that took place - oh yes folks, he "coached" them alright....coached them in match fixing - both he and his entitled vagina whore mistress of teamshithole. And that is how the bribe system works in this wonderland of the teamshithole mafia guild.
Add to that all of that abuse, harassment and gang bullying and you have a wonderful recipe for success. And this all happened, while you were in the full knowledge that your target was under the most intense stress in the time of a life threatening illness. Thats what super mother fucking pieces of trash that you truly are. And to this day, ZERO FUCKOING REMORSE or regret for any of it...In fact you would do it all again - that's how fucking pathetic you all are.
You chose self-interest, greed and that filthy vagina and her direct self-interest, over another persons life. And you continued with that attitude even when that said person was on their death bed and fighting for their life.
You are a fucking disgraceful human being and a total piece of garbage - and always will be, as you continue to control the narrative and refuse to show any fucking remorse for anything you both did, at the direct expense of another individual and their interests. Apparently only the cult of dave, and their interests matter at teamshithole.
That, is how fucking disgraceful you are. THAT, is who you are.
GO TO FUCKING HELL YOU LIMP DICKED MANGINA - Both you and your poisonous filthy whore mistress, or as you prefer to call her - your @bestpartnerever, and more recently "@queenofmonsters". The wallet of one of the biggest rewards pool rapists in the game - yet somehow, they have the "respect of the community". I guess everyone want a piece of that sweet sweet SPS action, no matter how it came about. And that's only a small portion of the "empire" of "poor people", dictator.
Hello Coach
YOU DISGRACEFUL MOTHER FUCKING TURDS
Look at this fucking "bro club" dickface. The richest wallets of SL, constantly feeding the other richest wallets of SL, with endless ass licking circle-jerk tickles of their buttholes. Both on-chain, but especially in their special circle-jerks on discord, which can be controlled even more precisely and to their every wish and command - a place where they hold the keys to everyone else's future and are willing to oppress, silence, harass and group bully others to their liking in secret, while still maintaining a cult following with their two-faced smiley faces. The main weapon of their choice at teamshithole - building a discord technological enslavement grid, where they get to choose who can and cant speak, when they can speak and to whom, and in what context, where they have a "facade" of democratic decision making, while his whore mistress controls everything in private by constantly manipulating it all (including your limp dick).....
Don't you fucking dare have a fucking opinion that goes against uncle dictator dave and his whore mistress and @bestpartnerever. If you dare say anything about the dirty entitled whore who started out by pimping herself for crypto pennies, you will find yourself in a discord prison, with a life sentence to serve. Amazing what an entitled vagina can reap in rewards, from an obsessed pervert and limp dicked old man. You get to become unstoppable reward pool raping mega whales and SL multi-millionaires, by using "money" (in whatever form that takes) taken from others, "aka" other "communities" and individuals (by cheating them directly) to seed fund your success, and then greed compound it endlessly.
The dictator in chief, and leader of the pack of the "cult of Dave" and his mistress "bee-a-cheetah-cunty-thief-princess.....He sure does love @ilovepoorpeople! After all, that's how he tried to make his name from day one, by trying to enslave all the penny chasing "small fish", while promoting himself as "leader of the pack" once again....seems that someone has a huge ego and desire to control others and enforce their will on them though putting themselves at the top of every pyramid that can find/create. But of course, with a bribe system of promises, so that all the minions you control can worship you, and keep coming back for more. The perfect feeder system of "poor people".
I clearly remember the days, where you all acted like such virtue-signalling anti-reward pool rape victims.....but now, you have become the very thing you rallied and virtue-signal against.....HMMMMMMM, I WONDER WHY. FUCKING TWO-FACED HYPOCRTIES. Keep raping that reward pool, while trying to deny others with your control freak attitude, harassment and bullying campaigns - and all for your own self-interest and that filthy CUNT CRYPTO WHORE.
However, the real reason why he really loves "poor people" so much, is because he loves to control them and then entrap them into his enslavement grid guild, and no other reason. Out of pure selfish reasons and nothing else. The bribe system...always works when you find the right desperate people. The ponzi bribe system for "poor people". It never stops, when you make others rely on your "charity". Your love for "poor people" really touches our hearts...all that generosity generated by the cult of dave.
C'mon poor people, come kiss uncle Dave's feet so he can feed you.....the perfect charitable dictator. Have you been taking notes from the "elite" Sir? Oh yes you have, since you have directly copied the enslavement control model for your own self-interest, and the interests of your special circle-jerks of mother fuckers who sat back and watched the abuse in amusement while under the spell of the poisonous witch (and still do to this day, as you all still think its hilarious, as continuously mock and shame your victims at any opportunity you get) - The whore mistress that you have a permanent boner for. .. She pimped herself out like a cheap crypto whore for pennies under your "guidance" in the early days of your "schemes" on this blockchain. Then you turned that server where you conducted those operations and "schemes" into the teamshithole guild....And you were always there right behind her sniffing her panties everywhere she roamed, while constantly drooling at the mouth at the thought you might one day get to stick your limp dick in her. Congratulations, on finding the most wicked and poisonous witch on the blockchain, who tries to maintain that "innocent princess" persona.....but fails miserably like the fucking filthy whore that she is. She does have tremenedous success however, at getting her mangina body guards to do her manipulative dirty work for her while she hides in the shadows - magina wankers that is. They all line up to take turns at sniffing her panties.
And the "bro club" constantly slapping dicks with each other in public, while both abusing every part of the rewards system they can in private - or should I say in "secret". The "cult of Dave" and his gigantic monopolised guild structure where he has installed himself and head dictator and oppressor, with his whore bee-a-cheetah-cunt mistress by his side, who organised the rigging of matches and tournament/leaderbord results to hoard an immense amount of in-game assets - and most importantly the filthy scandal where they cheated their way to the top of the ladder, by using other peoples accounts to "flee" to their own accounts on the battlefield - you found the perfect foil (pardon the pun), in another desperate third world slave (you being his mentor), all at my direct expense.....not only that, but then also abusing, harassing and bullying them if they dare question anything directly, or anything they do or say on discord in general in your controlled mafia guild, and then conducting private kangaroo courts to drag peoples names through the mud, all while instilling a deep seeded hatred through brainwashing techniques into your disciples - the very tactics that all cult leaders use. The result of that abuse, is more power, influence and control, and more hateful abuse towards anyone who questions anything that either you, or you whore mistress get up to - in the "guild for the little people" - to those who dare question anything (the obvious to anyone with half a fucking brain cell) you then compound that abuse in the form of never-ending mud slinging lies in the shadows of discord (your DMS are bombarded with this hideous trash) to further enforce the beliefs of the disciples, ad in the plan of the "cult of Dave". The mangina panty sniffing supreme leader of the reward pool rape gang. And those kangaroo courts were held in secret, while the "accused" was completely stripped of any access to any parts of the guild he previously had access to, and was completely unaware that it was taking place. He was however eventually made aware of it in a twisted and disgusting attempt by the assigned gestapo agent "pigface stasi", in a "private" conversation where he demanded that the falsely accused was asked to "apologise" to the fucking disgusting bullies and thugs, where he was given an ultimatum and NO OHTER CHOICE. The verdict was already in - guilty as charged. There was no official word on what the "charges" actually were, there was no ability for them to defend against those "unknown charges", and the abusers and thugs themsleves were the judges and executioners. In other words, you charged your victim, with the crimes you yourselves committed. How's that for a twisted bunch of psychos. It is however thre nest way, to cover up your own crimes, by using as a cover story to play the victims of what you yourselves created.
Uncle Dave has created the perfect enslavement grid, by using bribes and "charity" and the "poor people" card to enrich himself. After he abused all of those "poor people" to the maximum possible threshold - after he milked that dry as much as he posssibly could with his lame promises of riches, he then started a GIGANTIC BOT FARM TO CONTINUOUSLY RAPE THE REWARDS POOL....Because there just weren't enough third world slaves around anymore. And the irony of that? Of course is that he was vehemently anti-bot publicly when he had those players playing for him, but then changed when that all changed. But that was the only reason why he changed his mind....Had nothing to do with his "principled" anti-bot rhetoric when self-interest came into play. Funny how that works.....
YOU are a mother fucking disgrace, and you did it all for your permanent boner of that filthy whore mistress that you are obsessed with...That's right folks, this piece of trash garbage, not only did all of the above, but he also trampled on the rights of others and the very existence of another "member" of his own guild. A founding member, that he purportedly told was his "friend", while he was shoving knives in their back and organising cheating and rigging of matches WHILE THEY WERE OFFLINE BEHIND THEIR BACK. Well, he sure did fuck that "friend" hard and good, and threw them under the bus, all for the direct benefit of himself and his whore mistress.
Can you please explain why all of these third world slaves LITERALLY CALL YOU "COACH"?...What were you coaching them in? Sounds very shady, when you consider all of the events that took place - oh yes folks, he "coached" them alright....coached them in match fixing - both he and his entitled vagina whore mistress of teamshithole. And that is how the bribe system works in this wonderland of the teamshithole mafia guild.
Add to that all of that abuse, harassment and gang bullying and you have a wonderful recipe for success. And this all happened, while you were in the full knowledge that your target was under the most intense stress in the time of a life threatening illness. Thats what super mother fucking pieces of trash that you truly are. And to this day, ZERO FUCKOING REMORSE or regret for any of it...In fact you would do it all again - that's how fucking pathetic you all are.
You chose self-interest, greed and that filthy vagina and her direct self-interest, over another persons life. And you continued with that attitude even when that said person was on their death bed and fighting for their life.
You are a fucking disgraceful human being and a total piece of garbage - and always will be, as you continue to control the narrative and refuse to show any fucking remorse for anything you both did, at the direct expense of another individual and their interests. Apparently only the cult of dave, and their interests matter at teamshithole.
That, is how fucking disgraceful you are. THAT, is who you are.
GO TO FUCKING HELL YOU LIMP DICKED MANGINA - Both you and your poisonous filthy whore mistress, or as you prefer to call her - your @bestpartnerever, and more recently "@queenofmonsters". The wallet of one of the biggest rewards pool rapists in the game - yet somehow, they have the "respect of the community". I guess everyone want a piece of that sweet sweet SPS action, no matter how it came about. And that's only a small portion of the "empire" of "poor people", dictator.
Hello Coach
YOU DISGRACEFUL MOTHER FUCKING TURDS
Well described and well put in a format that is clear and easy to understand. Looking forward to seeing more writing in the future
Thanks a lot @dadspardan it was a middle of the night brainstorm on paper, glad it made some sense and is perhaps one source of info for you to help make a very educated decision going forward.
I sold my SPS from the airdrop and bought #SPT!!! SPT had reached a historic high of .18 last weekend its average is .02 Hive from a typical low of .0008! Thats the story! Splinterlands killed it with this airdrop! Leo comes out with Cub, my whole leo investment sinks, oh yeah Bitcoin crash...#Splinterlands has a airdrop on a new token which elevated the entire Splinterlands brand of Tokens. SPT!!! the Splinterlands Token is worthy of equal footing with Leo Finance reward token Leo around .60 Hive! Its entirely possible!
great move @natepowers spt has gone absolutely nuts in value. the resilience this token showed during the mini crypto depression is also incredible. this is a project that will not be denied, that is for sure. nice work on the great pick up and keep looking for deals sir
One of the best posts I've read on this topic.
Personally I'm expecting a significant amount of value to flow towards SPS from other liquid Splinterlands assets certainly after the first year once the print rate declines.
The only question in my mind in the near to medium term (next year) is what's the best play to accumulate more SPS tokens and take a cheeky profit on top.
I imagine it's a game most of us are playing - sell now with the intention of timing the bottom - which I imagine will be shortly before the Chaos pre-sale announcements start coming out.
There is a significant Whale factor yet to be unleashed - the capacity of larger stake holders to dump, those with sufficient SPS from their drop for them to EASILY have the maximum tier stake for any max level promotions.
So I think for me short term selling is the way to go - especially when you can currently sell for cake, stake for SPS, and then easily swap that Cake back for SPS if the price dips.
Having said that i'm only selling half, staking half seems like a sensible way to go.
It's a game within a game!
Very well put @revise.spt. I think this SPS phenomena is going to open up the market a great deal which will be great for everyone involved, especially the new player. The new player will be highly incentivized first to buy as many Chaos Legion packs since older cards have gone parabolic, and they will have at least one series where they are on immediate equal footing to the rest of us.
Also the token can make a serious move up with many of the people that are simply selling to lock in value at the moment anticipating a bottom can very possibly get locked out of trying to catch a bottom. The whale factor is very real with additional markets and swaps open now for them to jump much more efficiently with other crypto gains than ever.
The genius in game theory of this SPS token is something that I think could be talked about much more down the road. For me personally the other swaps are very cool and lend the chance for countless new people to dive in. But I actually prefer working with whatever is the "closest to the game." The closest assets to the game are DEC and SPS. Right now the like return for SPS until all the tokens are distributed in a little over 5 years bottoms at a poultry 30%, lol. Think of that... what other asset gives you another return for simply hodling? Think if there were a precious metals store that could give you that kind of return, say a 30% return (or whatever the current whopping return is at the moment in game for SPS staking) for simply locking in your gold for 5 years? It's astounding if you are bullish in the long term viability of the game and the incredible ecosystem.
Thanks a ton for the really well thought out comment this is exactly the discussion I was opening to open up. Good luck with your pursuits and keep the higher level thinking up, it's apparent you've really thought this through, and thanks a ton for the high praise it's really appreciated.