Splinterlands journey seems to be a never ending one! One just needs to go on and on with pace, or else you might get left behind! I am currently under the impression of FOMO in almost every asset of the game! You name it, SPS, LAND, CARDS, DEC! It feels like, I want them all lol! The crypto market has taken a severe hit in the last 48 hours or so. Which resulted in few of the Splinterlands assets as well. Which brings the questions, how much do you want?
Due the price dump of BTC and altcoins it seems like SPS took a deep hit. Currently being traded at $0.022. Which is significantly lower compared to the average price of last few weeks. It is quite difficult to resist to get some SPS in this current price. If it was possible, I would have bagged SPS and reached my goal in an instant. As this price will not hold long as we all know, in the coming weeks the listing of SPS in CEX's are incoming. Which will boost the price quite hard. Who knows we might even see SPS reaching its ATH. Although, from the current POV it is highly unlikely. But 10-20x is quite easily possible!
Converting my Vouchers to SPS
Vouchers seems to loose its value due to its nature of being creation. Without much utility this token does not seems to hold any sort of value. Once in a while when there is a sale the price gets affected and thus we get to see some movement of Vouchers in the market. I do have two licenses, which emits a nice portion of Vouchers everyday. Currently, I am accumulating a portion of vouchers and converting some into SPS. As at this price, I would love some SPS in my account!
I plan on not touching licenses, SPS and Vouchers on my other account. Let me just call it an investment, which might turn into something lavishing in long run.
Licenses
Although, Licenses seems to be loosing its charm as days are passing by, I do firmly believe, in long term it would hold some significant benefits for its owners. Especially, when the chain goes live and we fully become decentralized. Also the fact about latest tranche sale would also bring back the charm into it.
I wanted to dive into License buy/sell in Hive-Engine but honestly, I am sort of furious by the behavior of the bots. No wonder, people do not go after these sort of assets in HE. Which brings in the question of liquidity. I am not saying Bots are not healthy as, there are no way to eliminate bots in trading. But overall the economy is getting hurt. As only the bot holders money are coming in and out. Outside money is not flowing at all. Either way, if there was volume, than this issue would have eradicated. We need more use case of Licenses ASAP, apart from just holding them. TBH I want one more license ;) but I do not see it happening any time soon.
SPS
Lately, I have been focusing on gathering some coins which are really at a very decent place to buy. Aka their price has gone down significantly due to the recent crash of the market. Which is why I have not been able to focus much on SPS. But I am keeping some liquid just in case. As for staking balance, I am compounding every SPS that I am getting and if things goes the way I am planning, I might be able to put some decent amount of SPS into my staking account. Fingers crossed for that!
I am still awaiting to see what, how, when, where the listing of SPS is going to happen. As this step would move the game significantly for the next coming years. This move would literally shake the entire game and probably one of the best way to make it work for us as a play to earn game.
Just look at the recent listing of PEPE in Binance. No communty, no utility whatsoever, and even after that it has been listed. Binance sure has lowered its standards in listing coins. Probably take the benefit in that region. As Binance listing or any prior listing of reputed CEX, would bring some highlight to SPS aka the game itself.
Land phase
This is going to be interesting. I have an urge to get some plots before things start to role. But seems like it would little late before I can make it to work. But I am still trying to at least get two or three land plots before the production phase gets into play. These prices are also correcting and seems like in the next couple days they will settle down more.
What are you planning to do?
Image sources: Hive-Engine, Splinterlands, Tribaldex, Splintercards