Splinterlands (SL) - My Crypto Networth, Revolving Around SL


image.png

Yesterday I talked about hitting a big milestone for myself in Splinterlands with 1 million collection points. Today I decided to look a little deeper into my overall crypto net worth since I have a majority in Splinterlands. With record milestone in points I wonder how the $ cost staked up relatively speaking.

Column 1Column 2
SPS Staked$10272
SL Cards$63262
SL Other Assets$2400
HP/HBD$15772
2nd Hive Tokens$1781
Other Games$800
Debt($800)
------------------------
Total$93487

80% of my Net Worth is Splinterlands Assets

Chart breakdown of my assets relative to $USD is proof that majority of my assets are related to Splinterlands. This should not come to a surprise as I have played the game for several years and majority of my hive blog posts are related to Splinterlands.

Yet I have been trying to diversify my investments beyond Splinterlands mainly for two reasons.

  1. I am trying to avoid putting all eggs in one basket. I am very hopeful that Splinterlands will shine brightly in the future and asset prices will continue to appreciate. However in case it does not I would want to invest in more than just Splinterlands. For I have used hive blogging also for years in conjunction with playing Splinterlands daily. Therefore investing in Hive Power and HBD is my second top holding.

  2. Have liquidity for future Splinterlands or other in game purchases. The rewards I earn through staking Hive Power helps me in earning liquidity that can be used to trade for Splinter cards or other type of game assets. The liquidity only exists if I invest in liquid assets such as Hive and HBD. Although Splinterlands have liquid assets in DEC and SPS I want to have an asset that is more separate from the game itself so that it falls into my first reason of diversification. While also having the currency to trade for items when I need.

Splinterlands Cards

image.png

A majority of my net worth can be further broken down into one specific category within Splinterlands. That category are trading cards. Picture above is the market cap of the entire collection of cards currently in existence. Although not at an all time high it is at $188 million. Having a small portion of that total is where I stand. The $63k and change is based off of Peakmonster's estimate:

image.png

SPS Staked and SL Other Assets

image.png

My total SPS staked is also all my total amount of SPS owned. Almost three months of collecting and staking my SPS has turned out to be quite rewarding with an additional +$10k since.

For SL Other Assets its mainly booster packs I have yet to open, card skins, and land plots. Back when land plots first came out totems where also selling at reasonable prices. I regret not purchasing any totems as that is another Splinterlands asset that simply soared in price just like land. I have 9 packs of Untamed, 3 packs of Dice, and 5 land plots in this category. I ball park an estimate that these items in total including card skins is worth approximately $2400.

HP / HBD

image.png

This number is from ecency.com's estimate of my hive wallet total assets. I have almost 20k hp in total and a slightly higher amount than 600 hbd in savings. Both these tokens I can earn passive income on. For instance I apply hive.vote to use my 20k hp to earn more. While I placed all my hbd earnings in savings to get approximately 10% annual APR.

2nd Hive Tokens

image.png

Snap shot from Leodex.io is my current total amount in $USD and Hive equivalent. Most of my 2nd Hive tokens are SIM and Risingstars. I also have small amount of investment tokens such as Dhedge, Index, and Utopius. I also have staked tokens such as SPT, Neoxag, and Vibes.

Other Games - Rising Stars, Exode

It should come as no surprise that I also play daily Rising Stars. Just reading my blog posts daily you can figure out that I mainly play SL and Rising Stars. I ball park my Rising Star collection somewhat low as this is a conservative estimate.

I also have a small collection of Exode cards but I do not play the game daily nor would I wish to do so in the future. Instead I am only holding the cards because I have not done enough research to figure out best way to selling them and at what prices?

For the debt category I had recently borrowed some DEC and I have some time to pay it back. Until then the debt amount cancels some of my overall total assets.

Conclusions</3h>

I have a lot of $ value within Splinterlands. There are its pros and cons to this but I prefer to lean more pros. This is because if it were not for the SL cards themselves I would not have seen this much gain in my overall net worth. Go Splinterlands!

For future outlook I intend to continue to diversify while also accumulating more assets that is outside SL. A slow rise of 25% of my overall net worth in HP/HBD would be a target goal to aim for.

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:

Everything About Dark Energy

All You Want To Know About Reward Chests

SPS White Paper Cliff Notes

Helpful Links for New and Veteran Players

Splinterlands Good Cards To Own

Splinterlands Rentals from a Lender Perspective

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!




0
0
0.000
18 comments
avatar

Similar on my side. But the opportunities with SL are so promising... and this makes it hard to convince myself to sell

0
0
0.000
avatar

It's best to take some profits when you can. Don't want to be stuck after the highs come down, with nothing to show if it!

0
0
0.000
avatar

I planned it in a way even before selling. I would have bought duplicate cards and it became easier to sell one. !PIZZA

0
0
0.000
avatar

I am still very bullish on Splinterlands since it is the most game-like play2earn game in the market now and full of potential. I know because I got rekt from investing in Crypto Blade, still a bit piss of myself. LOL

0
0
0.000
avatar

Crypto is a hit and miss. My story is similar. I lost most of my investments in crypto scams. I had very little put into splinterlands a few years ago. Played daily and posted as much as I could. I sometime reflect and ponder if only I invested all I had in splinterlands instead of the other projects lol. Oh well. !PIZZA

0
0
0.000
avatar

Me too brother, me too. Let's be grateful now that we found Splinterlands. May it Live Long & Prosper. #splinterlands forever.

0
0
0.000
avatar

These numbers look good from an investment perspective! Lots of us that got into Splinterlands back in 2018 are getting some good ROI for that which is great! I’ve been taking more profits from the game though to reinvest back in my account, I’ve sold 3500 hive worth of DEC and SPS so that I can buy other things and stake more hive power. Hoping to take advantage of that before it dries up!

0
0
0.000
avatar

I consider myself lucky as I started in 2018 but then just gave up for almost a year l. This was before cards had stats. Glad I came back and never looked back. It’s hard to use what I earn in splinterlands now and reinvest it considering how prices are much higher but I get it. In order to stay competitive we need to invest more. Hopefully I won’t fall to behind in the competitiveness.

0
0
0.000
avatar

I think we took the same path. I started in November 2018 before things were really refined. I don't think reward cards existed or DEC, maybe Hive Engine didn't even exist yet. I played a little bit but generally left the game alone for a few months. I started back in July 2019 or so, when I got a friend into the game. I've played I think fairly consistently since.

The rewards have been good and I've reinvested a lot into the game but now I'm at the point where I'm trying to take some profits out of it so that I can put money back into my Hive account for other purposes and enjoying what that offers. I'm comfortable with where I'm at and know that I won't be able to compete with the best of the best since I am limited in my funds and all that so I have both give and take for it that's for sure.

I know we've hit the battlefield over time, so it's always nice to see the people I encounter on the battlefield to be posting on Hive in some form. A lot more to be had on the chain than just the game!

Posted Using LeoFinance Beta

0
0
0.000
avatar

I see that you're way more invested into Cards than SPS. Do you think Cards will increase more in price than SPS?

I'm actually in doubt in which one to investe. In one hand, cards have an imediate usage (more CP => higher rank => higher rewards); in the other hand, I do believe that SPS will explode in price soon.

0
0
0.000
avatar

I am way more invested in cards is because those been here for years while sps just a little under three months. Definitely will grow my sps down the road. If your an active player investing in cards is better. Earn more dec will in turn earn sps. Passive investing I would go with sps investing only. Stake all sps so to earn more sps.

0
0
0.000
avatar
(Edited)

PIZZA! PIZZA! PIZZA!
PIZZA Holders sent $PIZZA tips in this post's comments:
@mawit07(4/10) tipped @logicforce (x1)
mawit07 tipped lexansky (x1)
mawit07 tipped steemmillionaire (x1)
Learn more at https://hive.pizza.

0
0
0.000