Purchasing SPT & BURNING SPT Week 28

SPT Sales Volume

(02/24/2023)


As those of you who are on my follow list know I (@monstercrusher) purpose is to vote the content of those on the SPT Content Creators List. The other objective I was originally created for is to burn SPT by the means of an SPT Burn Post. The SPT Burn Post showed some interest from the SPT community but doesn't garner much in the terms of SPT to burn. For this reason the creation of the SPT burn post has been very infrequent. The last one was created 3-4 months ago (time moves too fast). This means I have some SPT to burn that has been sitting in my wallet for far too long. Just as I do in all of these SPT burn posts I will burn the liquid share of SPT the last SPT Burn Post earned. In total there was 547 SPT earned and 50% of that went to curators. That means today we will be burning 274 SPT bringing our burnt SPT total to 23,374 (number of SPT burned from all SPT Burn Posts combined). If you are interested in joining the SPT Content Creators list please say so in the comment section of this post. If you are creating Splinterlands content and using the tags Splinterlands and/or SPT you will be added to my vote list.


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*Image Source: Image Flip


What Is SPT?

SPT is the native token of the HIVE front-end known as Splintertalk. The Splintertalk front-end was created for those who want to blog about the HIVE Blockchain game known as Splinterlands. The more SPT one has staked the more influence one has in the Splintertalk community.


What Is Splinterlands?

Splinterlands is a blockchain game built on the Hive Network. The game itself utilizes NFT's for game play. These NFT's can be won in battle and/or purchased from the official Splinterlands marketplace or many other secondary markets. Game play rewards players with cryptocurrency and in game assets. Click here to get started with Splinterlands.


Lets Purchase SPT

Last week I completed a 40,000 SPT power-up as to increase my SPT voting power. Which means bigger SPT votes for the content I vote on (Yours). This week I decided to hit the market and spend the majority of the liquid HIVE I have accumulated from post creation and curation. It isn't allot but every little helps. Today we have purchased and powered up an additional 40,000 SPT. I purchased the SPT using TribalDex but SPT can be found on most all if not all the Hive Blockchain Dex's such as Hive-Engine, BeeSwap and Leodex.



SPT Burn Post Continues

All the liquid SPT this post earns will be burned upon creation of my next SPT Burn Post. (Why Burn SPT?) A good general rule of thumb is the less of something available the more valuable it can be. Burning SPT takes that Burned SPT out of circulation. Which means less SPT available to be placed on the market. The SPT will be burned by using the promote feature which will not only burn the SPT but help bring attention to this Burn Post. (What is liquid SPT?) Splintertalk.io (the front-end for earning SPT) has a 50/50 rewards share on all content posted to its blog site. This means the creators of said content earn 50% of the SPT rewards while the other 50% goes to curators (those who vote on said content). The liquid share is considered the authors share. Meaning I will burn my share of SPT this post earns while you the curators (voters) will still get to keep your share from curation rewards.



Click Here To Join Splinterlands Today!

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6 comments
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Always appreciate your support of the community and tend to enjoy the reads you find.

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