I think LAND is the most underrated asset in the Splinterlands game. Today I am going to deeply discuss the significance of PLOTs in Splinterland and why the new players should grab the juicy opportunity right now. At least my personal experience is the same as this and unluckily the current period is something like that. The crypto world is shaking with FUDs but the best players are preparing themselves for the next move in the market. The biggest surprise always comes when the common people begin to lose hope and interest in something!
Let me talk behind my assumptions to conclude the overall thought on Splinterlands LAND EXPANSION 0.5 in their yesterday's announcement.
As with the existing Monster and Summoner cards, Item and Spell cards will NOT be available through any booster packs. These items will NEVER be bought through the game as these ITEMS and SPELLS will be minted by the LANDOWNERS through the producing resources and constructing buildings. So, the total revenue from the PLOTs will directly go to the LANDOWNER pockets.
So just, think about the millions of dollars that are being spent purchasing Splinterlands cards through card packs but with this LAND EXPANSION how much money will be earned by the Splinterlands players who own LANDs?
The most important factor for the PLOT is the limited number of minting in the lifetime. Up to now, only this a game asset in SPLINTERLANDS is going to be at a fixed number. The different cards from different addition will be an ongoing process and so there will be tons of more cards in the future but there will be no more PLOT in Splinterlands! This reason is more than enough to be super bullish on PLOT!
Secondly, there are a huge number of more expensive assets in the Splinterlands such as legendary cards, and different types of totems are already flooded in the game there are no limits on the number of cards but LANDs are going to be in the fixed number.
With the recent announcement, the price of LAND PLOT has increased more than 8% but it is still the most undervalued asset in Splinterlands! At this point, I want to figure out some of my thoughts on the current devaluation of LAND PLOTS which is so contradictory to its future integration with the existing GAMEPLAY and REWARD policy from every aspect as much as possible. There are several reasons for the long crashed in LAND price and I have just pointed out here according to my thoughts.
Most of the LANDOWNER who bought the PLOTS at 20 bucks have sold it at 600-800 bucks with huge gains and bought CL packs during CL releases and as the market has crashed, all of them are holding these in the game assets. And they are waiting to sell at a ;little profit or without a loss. As the overall crypto market crashed, they can invest in other coins!
These early birds have already made a huge profit by trading their LANDs as they bought it at only $20 and sell it for around $700-900. And the bear market always has numerous FUDs and they are not buying now even in low prices to expect more crash or their deal is over with huge profit.
Furthermore, there are several logical reasons behind the lower price as LAND will not have the same category. There will be COMMON, RARE, EPIC, and LEGENDARY which will be revealed at the final stage of LAND EXPANSION. So, a maximum of these PLOTs will be COMMON and may lose a significant value. So, numerous players and bloggers are cautious about the uncertain fear of getting a common one by spending the same value which is something like gambling.
Another solid fact is that the reward mechanism employment is still in underdevelopment and the current price of SPS is demotivating the players to buy PLOT. Being a LANDOWNER, no one knows the exact returns, so the hype is not created yet. But the recent rewards have made LAND in the frontline and this announcement will make LAND gain a high price!
What do you think about the LAND expansion and what is your expectation, let us know in the comments. Thanks a lot for your time and attention, hope to catch you at the next.
Have a nice day!
All the images are taken or produced from the Splinterlands resources!
