Chaos Packs Are Coming A Worthy Investment?
.png)
Chaos Packs Are Coming A Worthy Investment?
Recent news from Splinterlands just came out about how chaos packs will open and when. I have to say it's a huge announcement with massive potential for everyone involved. Being in the gaming space for the last 3-4 years and in the crypto gaming space heavily for the last year I've seen what a pivotal shift gaming has made in crypto and it's only being started.
In this article I'm going to go over some of the big things that caught my eye, what I plan on doing and of course the disclaimer!
*This article is for entertainment purposes ONLY and is not investment advice. Do your own research and take responsibility for your own actions.
First I think Splinterlands and their team needs a big shout out for the amount of work they have put into hive and for keeping Splinterlands on Hive. It's proven to be one of the largest and most successful projects for the blockchain and really put Hive in the spotlight for other developers to now start paying attention to Hive.
The full article and all of it's details can be found here
https://peakd.com/splinterlands/@splinterlands/chaos-legion-set-and-presale-info
Here is my take away (These could be wrong they are just what I picked up and my version of them)
- 15 Million Chaos packs in total will be minted at $4 each
- They go on presale on October 18th and the presale ends November 17th
- The only way to buy packs in the presale are with vouchers
- Vouchers are earned from staked SPS tokens and dropped daily
- Buying packs in bulk comes with discounts
- Buying packs before the end of the prerelease has it's benefits such as the possibility for more airdropped cards and a exclusive special card.
- Vouchers will be tokens so they can be sold on the market such as hive-engine
With all of these details MY GOALS are pretty straight forward.
*Remember none of this is investment advise and it's pure speculation on what I think will happen. These are my goals and you will need to make your own decisions based on your own research
Stake every SPS I can possible, maybe even buy some more if the price is right. This gives me access to more vouchers and of course more passive SPS from staking. Every day even ever 3 seconds means possible lost SPS (Since hives blocks are minted every 3 seconds)
Stock up on vouchers I'm going to need 2,000 total in order to max out what I want to buy which is 2,000 Choas packs which comes with a 20% bonus which should mean in total 2,400 packs.
This should be enough hopefully to max out a Choas deck which I would want in order to stay highly competitive in the game as my maxed out Beta pack just isn't cutting it right now. (Normally Diamond) This also gives me airdrops of all new cards 14 in total including an exclusive one.
Now to me in the long run that should increase the value of my deck/rentals and SPS airdrop over the next 300 days to be somewhat substantial and from there earn a rather decent passive income stream while also being active in the game playing my matches (about 30 minutes a day which is doable unlike some other games)
So there you have it my personal investment strategy along with goals for the upcoming Chaos release. What are you plans I'd love to hear them and your goals for Splinterlands.
Posted Using LeoFinance Beta
This game keeps on evolving and with it, the early adopters will become kings in the Splinterlands realm. It takes time, we need patience but we will see that it is worth waiting for. The show began so get ready for a mega party!
Posted Using LeoFinance Beta
What's really crazy is lands haven't even rolled out yet which is normally one of the biggest things to these NFT games. I see lands going in other games for $1,000+ easy! Will be interesting what comes of it at that point. Also after Chaos they still have to drop what will replace the dice packs. Lots more still to come
I’m torn between staking SPS vs spending it for the added 10% discount.
I’m not sure if we can pull it off but my lady and I are trying to pool for the 2k+ deal, and if I can squirrel away enough SPS for the purchase too we should be in a pretty sweet position.
Great outline! I !LUV your enthusiasm. Have some !PIZZA!
@bitcoinflood! I sent you a slice of $PIZZA on behalf of @sinistry.
Learn more about $PIZZA Token at hive.pizza (6/10)
It depends on the $ value SPS has at the time for me to make that call. If it's some crazy high number that most likely will pull back after prelaunch I'll most likely pull the trigger on it. But if it stays around $0.50 or less I'll more than likely keep stacking
That tracks. I hadn’t really considered price yet. I just figured it’d go up since it has a new use
Thank you for this analysis! I don't even know what SPS is yet? I need to learn so I can learn how to stake. I want, no I NEED some of those packs.
Posted Using LeoFinance Beta
Totally agree with you and I too will try to buy as many packs in the presale but I think I can buy a lot less packs than you :)
I think the SPS tokens will become more and more valuable and I also hope that the registrations of new players will continue to increase.
Splinterlands ON!
!BEER
Posted Using LeoFinance Beta
View or trade
BEER.Hey @bitcoinflood, here is a little bit of
BEERfrom @libertycrypto27 for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.2000 vouchers is something I am considering as well. But I would have to buy over 1k of them and it depends on how expensive they become.
Posted Using LeoFinance Beta
yeah, it's going to really depend on how many are dropped per day I guess the way it's set up there's really no rush to buy them all within the first few days just as long as it's by Nov. 17th when prelaunch closes out.
100% buy and staking more of SPS. I think its price is going to rise towards 18th Oct. and even more during the sale. Going to DCA. ✌
Posted Using LeoFinance Beta
Do you have any idea about how much SPS or so we need staked to get a full voucher everyday?
Posted Using LeoFinance Beta
Someone did the math on this but I can't remember the exact numbers
I think it was 30 days or voucher drops so 1 million divided by 30 is a little over 33,000 a day being dropped for vouchers.
Currently there is 94.4 million staked (which will most likely increase by a lot soon) so that would be 1 per every 2,848 SPS staked I believe? My math might be totally off on that though
Then I would be out with my 248 SPS in stake LOL
Posted Using LeoFinance Beta
Your math is right, but by Oct 17 the staking will likely increase by quite a bit. My guess would be 3500 - 4000 staked for a full voucher a day.
Posted Using LeoFinance Beta
I like when you wrote, “it’s only being started.”
I also read the article, but the way you simplify it made it even more clear. Thanks!
Posted Using LeoFinance Beta
The packs cost $4 but after a few months when the sale ends they will be worth $400 and splinterlands will continue to grow.
Posted Using LeoFinance Beta
I'll see if I can buy them