Riftwatchers Investment | -15.47% after 6 Months

avatar
(Edited)

Greetings Splinterfolk!

The purpose of this series of posts is to record my investment in Riftwatchers and ultimately determine if it was worth it or not.

Riftwatchers Investment.png

The Strategy.png

  • Since the Splinterlands team decided to change the ranked reward system from DEC to SPS, I decided to participate in the Riftwatchers pre-sale in order to preserve the value of my SPS. I believe that SPS and Vouchers will start slowly declining in value for the foreseeable future and so I wanted to convert my SPS/Voucher holdings into Riftwatchers packs.
  • I only had 25 vouchers before the pre-sale went live so I decided to sell all of the excess SPS I wouldn't need for the purchase in order to buy the additional 25 vouchers on Tribaldex. The average cost of one voucher was $0.64 when I made the purchase.
  • When the pre-sale went live on 16 September 2022, I decided to buy 50 Riftwatchers packs with all of my SPS/Voucher holdings, which equated 2,993.327 SPS and 50 Vouchers.
  • In total, I spent $282 and received 50 Riftwatchers packs which averages out to $5.64/per pack.

The Results.png

Below are all the Riftwatchers-related assets that I have received to date from my investment. The below does not necessarily reflect my current asset holdings, which can be found here.

Airdrop Cards | $0

6 months after the Riftwatchers pre-sale went live, there have been 1,000,425 packs sold and 2 cards airdropped. Since my last update, there has been 1 new card airdropped. I am not entirely sure why but the 50 packs I purchased on the day the pre-sale went live are counted as ineligible for this latest airdrop. Any chance someone knows why?

k75bsZMwYNu2L3iBMXq5y7xeiy1isFJsZxnMZSXuXEsxe4ee1cUkGyQ1WdZ4a6pDAfD9nLKZazyVT9zMgR4VP5VZzho5A8MPvgkqDbryjEGpm4tcMowFCvGtAuuoP33Ze5XkvokwqHxAb3v7R3zqX93qB5xpTvB5G.png


50 Card Packs | $238.38
  • At the time of writing this post, one Riftwatchers card pack is worth $4.76764 on Tribaldex.

Return on Investment | -15.47%
  • I invested $282 and the current value of all my Riftwatchers-related assets is $238.38.

The History.png

TimeValue of AssetsROI
1 Month$220.35-21.86%
2 Months$210.43-25.38%
3 Months$198.99-29.44%
4 Months$215.50-23.58%
no datano datano data

My Referral Program.png

While Splinterlands does have a referral program, it only benefits the referrer and not the referee. Therefore, it is up to us (the existing players) to create our own referral program to help new players enter into the game. I've outlined below how my custom referral program works:

  • Sign up for Splinterlands through my referral link here.
  • Once you buy the Summoner's Spellbook, I will receive 500 credits ($0.50) which I will use to buy DEC, cards, or both to help you start your Splinterlands journey.
  • All you need to do is comment below the IGN you used to sign up with. Once I have verified it, I will reach out to see what you would like to spend your $0.50 on and then send it over.

Page Break.png



0
0
0.000
3 comments