It’s been just over 3 months since my last SGS Splinterlands Update so today I thought it was a good time to have a look and see how this side project for the Silver Gold Stackers Community is going. There’s been a lot of talk about developments in the Splinterlands space with new Land Functionality upcoming, however the overall ecosystem is still looking very depressed from a valuation perspective.
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According to Peak Monsters the current market value of the SGS Splinterlands cards stands at about $1,072 which is down substantially from the peak valuation back in early 2022 before the Bear Market took hold. It’s still a decent sized asset, however, so it’s worth managing properly to get a decent return. The next Bull Market could easily be just around the corner.
For the last 3 months, the @ssg-community account has been running the Archmage Bot to play battles and earn Daily and Season Rewards, plus I have been playing it manually in Brawls fortnightly for some additional rewards. The account is still consistently competitive and finishing each season fairly comfortably in Gold I Tier earning about 50 Gold Chests per season plus 4-6 Gold Chests daily from the Archmage Bot playing. The Brawls are netting about 11K Merits and about 100 SPS per season on top of that.
I haven’t quantified the exact value of all the rewards of the last 3 months, but the account has now collected a good number of CHAOS Reward Cards which are in the process of being optimized for Silver level to match the rest of the playing deck. From the Brawls the account has also now accumulated a growing number of GLADIUS Cards which has made the overall playing deck reasonably competitive in Fray 4 where it’s been winning more than half of its matches. I’m still delegating 18K SPS to @ssg-community from my personal account to help with the Rewards Boost multiplier, but the account itself has now added over 2,600 SPS from it’s own rewards over the last 3 months which is worth about $45 USD at todays prices. It’s also picked up an additional 11 CHAOS Packs as rewards so that’s a few dollars of extra value there too.
Overall I’m pretty confident that not only has the Archmage Bot now paid for itself, but the earnings on the account are comfortably outpacing the depressed Rental Market. It’s not a lot of extra earnings, but it all adds up and this little asset base will keep bubbling away for now because it seems to be performing and is practically running itself at this point.