18 Mil SPS Burned & 2K Licenses Sold In 10 Minutes!

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Gone In 660 Seconds

Splinterlands did it again! The presale of SPS Validator node licenses happened yesterday and they were soldout like hotcakes! 2000 Licenses worth $2 million gone in just 11 minutes! The team's mission to move to a Decentralized framework with their DAO has kicked off with a huge bang. As a result, 18M SPS was burned and more than 4M is going to the community pool. There will be 60K node licenses available in total which will be sold in different phases as shown in the below table:

screely1653555905367.png

We are already done with Presale and Tranche 1 is ongoing. I know for sure that it is going to sell out faster than we all anticipate. Node licenses are one of the most scarce assets in the game. They are few and not so cheap. As we reach Tranche 7, the price of one license will be 40K.

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Benefits Of Running SPS Node

Running a node will give you the opportunity to take part in the governance system. That is a huge value prop for the current players and investors as they will decide the direction of the game. SPS community will have the ultimate power in their own hands. 3.75 million SPS tokens per month are allocated to a reward pool for SPS Validator Node operators. In Tranche 2 the price will rise subsequently ($5000) so this seems like a great time to do the long-term investment. More details can be found here.

Pro Tip: License holders will receive an equal share of the 3,375,000 SPS / month rewards per license they hold in their account as long as they are running an active validator node.

The Hype Is Real

This has been a great turning point for Splinterlands & for us:

  • SPS Validator Node License presale sold out
  • SPS Price saw a little bump
  • Battle Rewards are up 3x
  • Cards prices are also increasing

With each node sale, more & more SPS will be burned and that will take out a good chunk out of circulation forever. That's why I bought some more SPS and staked it. Right now the staking APR is around 53% which seems to be great. I also sold some of my vouchers because I am not interested in owning a license or running a node. It's out of my budget and there are other priorities as well. But I will keep buying SPS and stake it so that I can vote for my favorite validators in the future.

What are you guys doing? Comment below!

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Twitter: https://twitter.com/finguru6

Discord: finguru#4062

Not financial advice. For infotainment purposes only.

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Good thing they didn’t try a sale on wax this time.

This was to be expected, still very awesome that it did sell out so quickly

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In our city there is a shortage of salt and people are ready to buy at any price, then soon there will be a shortage of coins SPS)

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2million dollars. Splinterlands is on steroids. Damn. I knew it was going to be a smash.

Do you have a target for your staked SPS?

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The developments are real, that's the important aspect. it's interesting seeing all this pieces come together, splinterlands is looking long term healthy as it stands.

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Yes! It's definitely a long term play. I am one of those HODLers mate. 🔥🤤

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Hopefully Splinterlands can get better.
Have a great day.
!LOLZ
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!MEME
!LUV
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!CTP

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC - 15 SBT tokens to @steem82868, @finguru

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BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)

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lolztoken.com



What do you call a hippo who says something and does the complete opposite?
A hippocrite
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@finguru, I sent you an $LOLZ on behalf of @steem82868
Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
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(Edited)

PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
steem82868 tipped finguru (x1)
finguru tipped lordneroo (x1)
@brianhuang(2/10) tipped @finguru (x1)

Learn more at https://hive.pizza.

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Something tells me it's time to raise my stakes on the other Splinterlands coins as well.) To be honest, when they part with two lemons at such a speed, it says something.

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Boom, so much money moving around the Splinterlands realm, it's a very bullish sign.

!LUV

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It's wild! Plus people are now getting more nodes and SPS is worth less. At least 15,000 SPS is being burned with each new node buy right now.

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Wow, that's wild!

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Splinterlands official is really good, what to sell, what to earn, looking forward to a good event to boost SPS, don't sell cards like crazy.
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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC - 15 SBT tokens to @brianhuang, @finguru

remaining commands 8

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

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lolztoken.com



I swapped our double bed for a trampoline without telling my wife.
She really hit the roof!
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Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
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Splinterlands is the real deal. It really is. Maybe the next lots of nodes will sell out just as quick !

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Yes. I am expecting Tranche 1 to sell out fast. Because after that it would be not so cheap.

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Are you skipping again? lol joke.
Bought one mate, you should consider it.

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Haha. What do I tell you mate! I wanted to but I just couldn't. I will be buying more SPS. That's where I decided to keep my focus on. Congratulations on your buy though. Will pay off hugely. :)

I am currently in a process of changing my bank account because my current bank does not allow me to put my money into Crypto exchanges. They have blocked some of my payment services & even credit card because of that. It sucks to be in crypto if you are operating from India right now. Even after tax guidelines are released from the finance ministry, banks are not ready to support the crypto community. Our central bank (RBI) is bullying them into doing this because it is anti-crypto.

I couldn't even buy any @psyberx crates. Going to save my blogging earnings this week and then get some. :D Did you get them?

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ah sweet man! good to see you are building in the psyberverse as well :)

haha, same as me (again)! Banks start to ban us from buying crypto - not good! Suddenly it is not possible to buy crypto haha! suckers... doing everything to stop us from overthrowing them... Pretty similar in India as in Scandinavia when it comes to crypto.

Ye man, totally! save it for the crates. Ye.... I am fomoing to much xD Bought 30 crates and 5 airdropped I think... that is a lot of Hive to be spent at this price LOL! Uuuff, vel when PsyberX takes of I will laugh at this comment.

cheers mate!

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I don't think I will enter and it doesn't look like you can deploy your nodes until December. At the same time, I just don't see the licenses selling out without a significant pump to SPS price because those who want one have probably already bought one.

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Yeah J. Same here. Not getting a license for now. I think it will take that much time to sell out most of the nodes. Let's see how it goes. For now SPS seems to be cheap so I am stacking more.

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The team certainly know how to innovate and move things forward - with that type of management, they'll continue to do well. And it would surely benefit investors as well.

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The hype IS real.

I continue to underestimate how big Splinterlands actually is.

Not to mention how good they are for Hive!

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That's true. They are bridging more gamers, creators, and investors to Hive than any other DApp or community.

Don't underestimate it Dane. :D Still not too late to buy more SPS and other scarce assets in the game.

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