Hello, the beautiful people of Splinterverse. Hope you all are doing great and enjoying the game every day. I hope you all are enjoying the recent pump in Splinterlands assets which is a clear sign of the bright future of the game! The crashing market is going to end in the Splinterlands soon or later. I am also very satisfied to be one of the Splinterlands believers because my Portfolio of the game assets like my card collection has started increasing again.
In today's post, I want to share with you the insight view of buying your plots or going for a Validator node. In one word both of them are awesome to have but I want to prefer LAND at this moment as I think LAND PLOT is currently a more underlying asset in Splinterlands. So, I am going to discuss how they are paying in current market conditions and what can be the future perspective.
Before going to the next discussion it is better to look at the current market situation of both assets and their circulation. It can be clear from the above figure that there will be a total of 60K License tokens and 100K plots but with the tract and region, there will be 150K plots in the Splinterlands ever!
If we see that all the Plots are circulating in the blockchains but the Validator Nodes are sold for around 5K and the exact number is 5007. And so the current rewards for the License are much higher as follows
Node is getting 4.0 Vouchers per Node/day and 22.2 SPS per Node/day which becomes around 1 dollar a DAY!
But each PLOT is giving around 1.3 SPS a day worth around 5 cents roughly.
NODE is giving 20 times more rewards daily than the PLOT!
So, NODE is a clear winner in this case, but what happened if 20K NODES are sold, then SPS rewards will be around 25 cents per day compared to land's 5 cents while the price will be so high for the NODE at that tier!
Why I am preferring PLOT?
If the current situation is considered then the PLOT is a loser but I prefer LAND for several reasons. Although NODE has some extreme potential in the future when fully implemented in the SPS chain. But that is another discussion. I am pointing out why I am considering PLOT as more attractive now.
Plots are much cheaper than the Nodes and unless the Node's rewards are comparatively lower Nodes' rewards will decrease while PLOT's SPS rewards will be the same!
There will be a direct implementation of PLOTs in the gaming mechanisms but NODEs are like operational tools for the Blockchains! So, the utility of PLOT is more certain and faster to come.
The reward creation capability is higher in the case of PLOT than the Validator Nodes. The latest Town Hall has announced about LAND 1.5 release which has made the PLOT price pumping in the Hive engine.
Besides, the price of functional elements like LAND can have easily multiple folds of price increment which is difficult for an expensive option like Nodes.
Another important thing about the Supply and Demand ratio as the Nodes number is a bit less than half of the Plot number but the Nodes are not necessarily to be sold completely or needed to run all of them. But PLOT is always in high demand for all the players for direct implementation. And thus the demand for PLOT will significantly increase than Node. And it will push the price higher soon.
What do you think about the potential of gaining from the PLOT and NODE about my thoughts of this discussion, let me know in the comments. May be I am wrong with this which need to be learned.
But I am going to buy my 2nd PLOT which I miss yesterday with low price but today It has increased and waiting for another dip! Are you going to buy PLOT or NODE let use know.
Thank you so much for your time and attention in reading my post and if you have any suggestions please let me know in the comments. It will help each other to grow up! Play for fun and enjoy your time. Enjoy your every day in the best way you can. I will catch you at the next one!
Have a nice day!
And, If you want to be a proud member of the Splinterlands community and enjoy the magical world of hundreds of monsters and strategies for your battle where you will have the opportunity of amazing battles with some extraordinary monsters with amazing abilities which will uplift your online gaming experience to a new level. You can enter the Splinterverse through this link sign up to join splinterlands
Thank you so much for your time and attention.
I will catch you at the next.
All the images are prepared by me from the Splinterlands and Splintercards resources.