Time To Become A Digital Real Estate Developer

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Hey Splinterlands Fans

In about 3 weeks @splinterlands will launch its biggest update in the history of the game with the introduction of land, a new NFT that aims to expand the game and the way players interact with one other on the network. NFT's are nothing new to the game, the cards being the first NFT's and while that appeals to the collector and hobbyist, real estate seems to have more of a grounding in real life, that more people can be related to and understand.

Collectables has always been a bit of a niche market and only a select few understanding what adds or subtracts value from a collectable. Still, anyone can understand that land is valuable.

Working your land or having your land work for you

Each piece of land will have its own set of attributes, depending on its location, and specialities it could earn you certain returns over another the same way cards do have different abilities.

The same way cards can be upgraded; land can be upgraded, or developed as we would in real life, adding new features that can net you a healthy income or increase the value of your land.

You can buy and sell land as you would a card or rent them out the way you do cards. I've been leveraging the rental market for some time now, and while I only make $0.05 a day, it's on the cards I rent out that gives me a 2.8% ROI on my current deck value.

The cards I rent, I would not have been using. Otherwise, it doesn't affect my gameplay, and I feel it a more efficient use of my deck. I am aiming to do the same with land, hopefully securing enough to mint items I can sell and then some land, I can rent.

It's really going to add a whole new dynamic to the game.

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The coming land grab

As with anything shiny and new we will see a rush to grab what they can, some people pill pick up land dirt cheap others will FOMO and overpay for land on this first release, that's how markets work. We don't yet know the true value of the land until we see what each plot can yield, some may buy plots that they have to sell as realising the yield on them would take too long.

Digital land is by no means a sure profitable move, but owning some and expanding your portfolio in the game sure is a good move. The tokenomics in the game are also going to change, and valuations will be in a state of flux as the markets try to establish what the value of these new NFTs will be, some will make out like bandits during that time.

Becoming a digital real estate investor will come with the same pitfalls as your physical counterparts, so be careful, size your positions, do proper valuations, not all land is equal, so don't get taken for a ride.

If you can't score local land, go international

Splinterlands and its connection to the HIVE blockchain does make it feel a lot more local, but that doesn't mean its the only digital real estate you can purchase. On Ehtereuem they've had Decentraland for some time now. Savvy real estate developers could switch between the 2 games and try to find opportunities, develop them and turn a profit.

Because Splitnerlands cards and DEC can be used on Ethereum, it may only be a factor of time before these two digital land-based games cross paths.

Have your say

What do you good people of HIVE think?

So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."

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16 comments
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I have no idea what this means 😅 This must be huge if you decided to write a post on it. May be I should get into this game.

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Basically, the game you can by these new "cards/NFTs" which replicate a lot of the features of real land, like you can use it to mine/manufacture certain goods and then sell those goods or use them in the game.

It's a pretty cool concept and I expect it to increase the market cap of Splinterlands and the amount of cash floating around the game daily so if you own land and cards you can use them to suck up some of that cash and earn an income from the game

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Makes sense. A new feature to make the already cool game cooler. Neat.

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Splinterland and the thrills I guess one day I'll find the hunger to play this game and get involved in it.

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Lol I also resisted for a long time before getting involved but now my deck is worth like $650 and I only send like $40 on the game so I'd say it was worth it even with the time spent playing the game

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But then do you play on your PC? Or mobile?

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I play on the PC but you can use their progressive web app so if you bookmark their site on mobile it works like an app

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I think it is a way of doing a trader but with land, maybe I am wrong but it is what I understand in this game.

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Sure you could trade land and try and make profit buying high and selling low or you could develop land and turn it into a yield farm and sell them for higher gains or just profit off off selling what you mint from your land

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I need to look into how to rent cards out. I played the game for a bit on my second account, but have just left all my cards sitting there doing nothing. If I can get 5c a day, that's a win for me too.

The same thing with land. I don't want to play the game, but I am interested in the rental market aspect. It certainly sounds cool too haha.

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I only play the game for that daily rewards other than that I’m not really gunning for much like moving up the league table or mining DEC! You can rent out individual cards or decks depending on what you got and what you want

I do hope to get a nice boost in daily revenue from land

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I've been seeing decentraland and would like to try it out too, but Ethereum still dumbs me. LOl. I'm looking forward to owning even just a parcel of land at Splinterlands. If I can't own an actual land, at least I can get to have a digital one. :D

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LOL i feel you I don't own physical land, don't think I ever will at these prices, at least I can get digital land and see if I can earn an income from it. Decentraland is pretty expensive with all the gas fees, but I mean if you can earn in Splinterlands and there are plots that make sense in Decentraland with fees then you could swap between the two to get the best deal

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Being able to mint new items and spells for the game is an incredible potential for creating value. We'll see how it pans out in the future but it sounds very promising.

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It’s going to add far more dynamics make earning diffent as well as making matches more tactical can’t wait to see how it all plays out

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