Splinterlands - Price Drop Can Help Onboarding? Rental Market

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It may not seem ideal currently where in game tokens and cards of Splinterlands continue to go down. However this maybe a good time for people who have yet to participate in the game to have their chance to enter into the current second most popular game decentralized app based off of dappradar.com rankings.

Rental Market

Cover picture of this post shows the current drop off in card rentals as of late. The shaded light green is showing the cost in $USD for renting out cards and it has dropped off from its peak about a month ago. Ever since the introduction of Chaos Legions the rental market prices has dropped down significantly.

This goes for across the board all series cards from Alpha all the way to Untamed. Although there are still staple summoners and monsters that retain top prices to rent such as Zaku, Llama Mage, or Ruler of the Sea most cards have nose dived in prices. This makes renting cards to play the most cost effective way to obtain the best experience of playing in the game. Although rent is per each 24 hours the gaming experience players have for a small amount of DEC.

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Legend summoners from the Untamed series some are able to be rented out at less than 5 DEC per BCX for a day.

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The monsters such as those of legendary rewards are affordable at under 5 DEC per BCX.

Booster Packs

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As with any trading game booster packs is one way players building up their deck. In Splinterlands currently the phase 2 pack sales is near its end. Come in about a week is the start of phase 3 pack sales. This is where 12 million packs are available in the open market at simply $4 USD each. It may sound like a lot per a pack but for those already involved in the game are aware the current sales phase and in phase 1 there is a requirement of owning and using vouchers in addition to spending $4 USD to purchase booster packs.

The vouchers started off very expensive as demand for them were high and at the same time limited quantities. As time when on quantities increased while players who had enough boosters packs would lower the demand side as well. Overall with a little over 7 days left for phase 2 sales it has a little over 52% of all packs in the phase sold. This is almost a month ago since the selling phase began.

Moving ahead phase 3 will not require any vouchers to purchase packs. In addition the ease of purchase of packs have never been simpler. The $4 USD can be equivalent up to (24) different altcoins.

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Open Market Cards

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Courtesy of Monstermarket.io

As with the increase in supply of booster packs so is the in game reward cards in circulation. The increase in supply in conjunction with the drop to in game token DEC it has made cards per $USD drop somewhat from its all time highs.

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With all current cards in circulation the total market cap is a little over $203 million and over 30% from all time high of $280 million. Imagine seeing cards in the open market 30% or more discount. It is happening and this means its a great time to buy individual cards to build up one's deck.

Conclusions

Although the post here is to focus as to why new players on boarding can benefit it all comes down to initial cost. With all the Splinterlands assets slightly off from all time highs it sure is a great time to start investing and playing. In a way this is rewarding those who stayed patient and avoided the FOMO at peak prices.

Furthermore all these points mention in lower costs can also help retain existing players. The assets being at a lower price allows more players to get engage and play. Do not get me wrong I would love for all Splinterland assets to appreciate in value. However on the flip side if it does not and falls it creates opportunities for new comers and veterans to invest more into the game as assets would be considered on sale.

Until next time thanks for reading!!!

If you are interested to learn more about Splinterlands please go through some of my other posts. Order is from newest to oldest posts:

Splinterlands - Securing Your Cards From Hackers

Everything About Dark Energy

All You Want To Know About Reward Chests

SPS White Paper Cliff Notes

Helpful Links for New and Veteran Players

I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:

mawit07 rentals

If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!


THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!




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12 comments
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Nice post and nice considerations @mawit07

In a way this is rewarding those who stayed patient and avoided the FOMO at peak prices

I am one of those who was very patient and sold all the VOUCHER tokens and then used the proceeds in the general sale.
It's time for me to get back to investing and I just have to decide if I'm going to focus on just the card packs or if I'm going to do targeted market purchases as well.

What buying strategy will you follow?
!BEER
!PIZZA
!PGM

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First much appreciation on the upvotes and tokens. My approach is mainly be buying individual cards on the free market. I would buy daily until I get to max level for chaos legions. Since I wouldn’t have $10k all at once to max a set I would gradually buy what I can afford but do so targeting cards I need to max and buy a fixed $ amount per a day. Some where around $500- $1000 a week. Do all this while packs are in general sale. I hope to get a max set within the next 3 months. Time will tell how well this works out lol. !LUV !LOL !PIZZA

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#sps #SPT Excellent post. I am new within the last 60 days. So the quick drop in card value is a little scary. Hopefully, Splinterlands continues to attract new players to suck up the extra supply. It's a great game and I am in for the long term.

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A great time for lots of newbies to get onboard because this is a very promising community to be a part of

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