The Growth Potential in Splinterlands Assets

Splinterlands is a digital asset card game that is built on the blockchain. We can play this game through various devices and it works well on the browser which is quite convenient to use and there is no desktop application available. I prefer to play games that can be played using the browser and installation is a terrible process that I usually avoid. my journey with Splinterland has been amazing since the beginning its been almost four years for me playing this game. when I joined this game that time the prices were on the lower side but during the full cycle, I have seen a significant price appreciation on every asset in the game.

When I say every asset it means including the tokens, cards and booster packs etc and all of this was available at a great price. I expect that similar growth we can see once again in the game and it will happen probably in the next bull cycle that we are expecting in the next year. the market is in good sentiment these days however it is not in the bullish mode so we can be happy that things are turning up in the better direction but we are not going to enter the bull market. This can be a good start towards the full cycle and maybe in the year 2024, we are going to witness another bull run in the market. if Crypto prices will be grown significantly then the same impact can be seen on the game asset as well.

image.png

Digital Assets in the Game

There are multiple categories of assets in the game that includes playing cards, booster packs, nft, tokens, and even note validator licenses etc. I am happy to share that I own all these assets except the NFC because I missed owning that which is known as Runi. This is the only asset that I don't have as of now but if I get an opportunity then we'll surely be trying to buy one but that right time to buy has not come yet.

I believe that the value of these assets is going to be quite high in the next market cycle so this is a good time to accumulate as much as we can if you are looking for a better opportunity in terms of profitability. all these assets have got a great growth potential and I'm sure the community will be happy once the prices are gone to a better level. it's like buying the crypto coins that we buy more at the low price and expect the high price to sell and book profit but in the game, things are even better because you can use the same to generate some passive income and sell whenever you want. There is no restriction in the market so whenever you see that the prices are good then you can book the profit.

Passive Income

We know that there is the card rental market which we can use to generate some passive income by renting out the cards and I can see a good demand in the market. this is a nice way to generate some additional reward in the game if you are not playing the battles and now we have also got the option to go with SPS power rental. altogether there are two options in the same game that can be availed to generate a good amount of passive income if you are not using your assets for the battles. This amount is going to be very good and we cannot deny the fact that it is a great source of passive income by doing nothing. These assets are not going to be locked for long. Show whenever you think of selling this option is with you and can be done anytime.

image.png

This time is a good opportunity to build a better portfolio in gaming because I know when things will start to rise then the value is going to be multifold. I try to power up more SPS every day whatever amount is possible because as of now this is going to help my game and in the long run it is going to be a great investment. This is not financial advice for anyone but if you are someone who believes in the game then I can recommend you to accumulate the SPS as much as you can and thank me later after a couple of years.

image.png

A focused approach is important and I'm doing the same because this can help me to grow my holding of assets in the game. like these days I am focused on SPS so I am trying to grow it as much as I can and even if I share the example then I have powered up more than 15K SPS in the last three weeks. This is a big amount indeed and I know that I'm trying my best to grow my holding as much as I can because I see that price is growing. I hope I can grab a good chunk of sps even at the slightly increased price before it goes beyond my limit.

Thank you

Posted Using LeoFinance Alpha



0
0
0.000
11 comments
avatar

What about diversification. seems like you putting a lot in splinterlands. what about other crypto or projects. There's a lot of others that could have a huge growth during next market cycle as well

0
0
0.000
avatar

yes, I have been investing more in the game because I belive in the project and with more asset accumulation I expect better profits in the next bull run. I follow diversification as well.

0
0
0.000
avatar

I see. I wasn't too fond of the idea about this game but let's see how it goes. I wish they just put more focus on splinterlands instead but if glx does well i guess thats good cuz itll help more people see splinterlands

0
0
0.000
avatar

Congratulations @alokkumar121! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 530000 upvotes.
Your next target is to reach 540000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

LEO Power Up Day - July 15, 2023
0
0
0.000
avatar

Half of my crypto portfolio consists of Splinterlands assets. I have high hopes about them :)

0
0
0.000
avatar

I also share the same thought and I invested a lot in the game with the hope that it will do well. Waiting for the right time to see some significant value appreciation

0
0
0.000
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..

This post received an extra 11.90% vote for delegating HP / holding IUC tokens.

0
0
0.000
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

0
0
0.000