Splinterlands has been evolving since its inception. Introducing various modules of the games. Implementing changes, giving us new ways to earn from the game, showing us attractive deals leading us towards the roadmaps to work upon the future traits! With so much happening, I have been going through different tabs of the game and was just wondering few years back how the game was and how much it has come thus far. Long journey and still more to arrive.
In-game Market
This was a much needed update which came into existence couple of weeks back. Having an in game market does improves and also in addition takes care of lot of other details, which third party market can not really deal with. Unlike other play to earn games where the internal market has a lot of influence, this internal market (of Splinterlands) was missed by many. The addition of this market sure has brought back many new insights within the game! I would love to see more improvements happen within the market in the coming days.
Talking about the in-game market, it has shown some very significant improvements along the way. As you may see, during the last 24 hours of sale within the market has been close to $7000. The numbers might relate to small to many but the fact that it is being used is the main topic out in here.
Other Items & Card marketThe sales happening in the other items market has been a completely new addition to the game. Whatever sales and actions are happening out there is a new way of engaging users (buyer & seller). Hence new foundation sort of took place within the game.
As a fellow user, when I am in need of any items, I would definitely take a good look at this market and compare my buys and sells with the other markets available. So this addition of market was a gem for many of the assets buyers and sellers.
Price Difference
There seems to be a price difference in between the market of these assets. To name one, lets say when you put up a sale for an asset in the market it stays out there in terms of $ value. Unlike in HIVE-Engine the hike in HIVE price have a huge impact in the price of these assets. So in here (other Items market), it is different.
In other market the price of Land Plot is fixated at $137, while on Hive-Engine the price of plot is around 310 HIVE, which is approximately $137. Since Hive-engine is a full fledged exchange the price is subjective out there and any chance of price increase in HIVE, will affect the price of the asset.
If given some wise thoughts there could be an easy arbitrage opportunity for these assets. I mean when the price of HIVE decreases or increases it could give some wise opportunity to make some quick cash or HIVE out of this opportunity.
While in Other market the assets are traded in DEC. NOTE: All sales are paid in DEC tokens. A 5% market fee will be deducted from the sale price!
Splinterlands marketcap
There has been a nice curve in the marketcap of Splinterlands. It has been seeing nice surge in price of its assets making it rise once again. Although, it is a long way to go to reach to its ATH and it will probably happen in the next coming months. As with all the updates that is happening in the background we might see some price growth, which will help the economy of the game making it more sustainable and user friendly as well.
I have seen this game from the very beginning. I am seeing how far it has arrived. I wish I could have taken some steps which could have changed the course of my HIVE journey via this game. But nothing can be done with all the past actions. But as of now, I am doing everything I can in order to make things work for me within this game for the coming years. I plan to build as much as possible in this game and just smile for the actions that I am doing now. It is going to be a long way but I suppose it will be all worth it!
Image Sources : Splinterlands and SL Discord