The Silver Gold Stackers Community already owns a decent number of Non Fungible Tokens (NFTs) in the Splinterlands ecosystem in the form of Monster and Summoner cards which can be used to Battle and earn Rewards. We have earned a relatively decent passive income off these NFTs for some years now and while Splinterlands Gaming is not really “Core Business” for @ssg-community, it’s been nice to have a bit of extra passive income generated from these NFTs.
The Splinterlands Developers have been releasing new Land Functionality in recent times and I have been wondering if this is something that SGS should continue to diversify into by buying some land. My instinctive thought is “NO” because investing in random side projects is a very slippery slope and it’s not what the @ssg-community account was created for. However I could also make the argument that buying Land in Splinterlands is a sensible diversification and complementary for the NFTs that we are already holding.
For those who aren’t familiar with the Land Functionality you can Stake Workers onto a plot to earn additional rewards. Commonly this is done with Monsters (NFTs) that have fallen out of the Meta and aren’t useful in battle any more....and yes, SGS holds a few of those. So it might be a way to generate some extra income off those older cards that aren’t seeing much battle action in the current game. SGS also holds a lot of Beta Edition cards, which get significant bonuses when placed on Land.
It’s a tricky one and I could make a solid argument both for and against. What do people think? We have put some funds into HBD Savings to earn 20% until it’s needed to support leases in 2024. Could Land be a better spot to park some of these funds?