Splinterlands Rentals and Passive Income
Rentals
I hold a decent position in Splinterlands cards. It is by no means massive, but as of right now my active cards are worth nearly $700K. I have a nearly max deck in additional to this position delegated and being played by a profrossional. However, that still leaves me with about 10865 cards, as per Peakmonsters. I play the remaining broken deck myself and usually rank between 70-80 in the Champions league with just doing daily quests. That still leaves me with extra cards which I have been trying to rent. The reason I used 'trying to' is because I am not doing very efficient job at this. I follow the rental market closely.
I like to check the overall rental market from time to time, and I often use the discord tool above. You can see very clearly how the rental market shaped up after the recent growth, implimentation of new rules and modifications. Above is the history of the last 3 months. It is easy to see the demand and rental price spike towards the end of the season. A season is 15 days. If we consider the Aug15 the first real spike on rental, the pattern seems to repeat at every season. I have we have now achieved a stability at 900K card rented at about $80K peak. There is recent modification of the cooldown to 24 hours and growth have been steady this season throughout the season.
Passive Income
Currently at the middle of the season, I am earning about 10,000 DEC/day. At current prices that is nearly $74/day. While this is excellent return for just the spare cards that I have, but this is no way near optimized. I currently only have about 1100 cards out for rent (out of 10,000). So I have renting only about 11-12% of my cards. I am renting all my legendaries and Epics mostly both regular and gold foil. But those 1000s of commons and rare need careful combination to get them to Bronze - Silve - Gold levels to extract the most value, and I don't have the time to do it. I have been slowly combining, but it is a long process.
Task at Hand
So this weekend after I finish writing this post, I figured I should spend about 1 hour time each day to combine some of my common and rare cards to have it ready for Bronze - Silver - Gold levels. This will generate some additional passive income for me, and also will help stock the rental market for the end of season supply crisis.
I'm amazed at the value the rental market can bring. $74/day is more than a lot of people make for hours of work. The Play 2 Earn movement is going to be great for freeing people up to do what they want.
That is at the middle of the season. The same rentals will fetch 2-3X on the last day of the season.
I always wish to play game like you. Just that I don't know how to play it but I registered today
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That is a really good money you are making there, congrats.
Great post! You've been upvoted by rosiew.
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I am really shocked. Can I reach this level one day? I think that $74 per day is a very wonderful number, which is about $2000 per month, and that is more than the salary of an employee. I think you are a very creative and hardworking person because you have reached this great stage, bless God is in you
That’s just from my game account. Also only DEC earnings.
My SPS airdrop earnings are currently $4000 +/day. Yes daily :)
Wow!....that is amazing .
How many years have you been playing the game ? Because i would to be a player like you one day 😂❤
From 2018
This is incredible. Send my adorable to you!
Wish some day I will reach the level like you!
Hello @azircon… I have chosen your post about “-Splinterlands Rentals and Passive Income-” for my daily initiative to re-blog - vote and comment…
Let's keep working and supporting each other to grow at Hive!...
It generates extra passive income for you and also helps the rental stock market for the end-of-season supply crisis.
It is very interesting and useful
So good luck
Lol! I doubt there are many who has more cards than you!
Renting is absolutely unbelievable now but I cant even imagine renting so many cards, it would surely take a lot of your time.
Amor, There are 106 people with more cards than me and I can check as single accounts. There are many that I can't check. There are hidden accounts, people with 100s of split accounts. Trust me, there are quite a lot of people with more cards than me. But I am certainly a large holder, and also I am transparent.
I need to hire someone to manage the renting, but it is hard to find such a person who understands the game, have free time in hand, and can be trusted :)
Hundreds of people! Damn looks like SL did really good grabbing whales! And yes, your transparency can be quite inspiring for many people.
I'm sure you can find trustworthy people in BDC but whether they understand the game or have time is the question.
These stats are amazing. I had no idea Splinterlands was so huge. Do you really need to hire someone to manage your card rentals, though? It seems like if you could just tap into the dataflow and combine it with an analysis tool like Microsoft Power BI, Tableau, or some equivalent you would have continuous reporting at your finger tips. Heck, you might just be able to get by with Excel or Google Sheets.
So, you started with nothing in 2018 and you now have this performance? That's impressive.
This is USD by the way. Enough said :)
Also today is the end of the season
This is my rental earning today in addition...
45,000 DEC today.
Current price of 45000 DEC is 851.83695 SWAP.HIVE ($497.871438).Also I get nearly 8000 SPS on average on airdrop, which is valued at nearly $1 per SPS.
Are you with the right project? :) LOL
I am being completely transparent to you and not making anything up as I have nothing to hide.
EDIT:
New high on rentals today!
Good god. Well, that answers my questions. It looks like an opportunity for expansion has presented itself. Thanks, man. I appreciate the response.
You are welcome! :)
Against popular wisdom and word on the street, I am not an evil person. We are changing people's lives. My personal goal is to make people financially free. I don't need any money, I am already financially free. I have created freedom for at least 10 people here on hive. That helps me sleep very well at night :)
Cheers!
Azircon, I know you're not a bad person. I knew it when I read your article on Schindler's list and your warnings about staring into the abyss. Some behaviors were odd earlier this year and that's in the past.
The stigma of your work on Hive is identical to what I see in regulatory space with power production. No one wants to do it, but it needs to get done. Just like IRL, there are insufficient resources to do what needs to get done which will never cease to amaze me. It creates the unfortunate friction between the regulators and the community. It's not something easily resolved.
I hear ya on financial freedom. I'm definitely looking into SPS now.
Ahh. You remember! Thank you! I enjoyed writing that note...
It was a beautiful piece. It brought things into perspective when I pieced together some of your earlier writings. It's impossible to forget those things that change your outlook. Well, for me anyway.
And it made me recall the times I served on a submarine. Staring into the abyss was akin to staring within yourself void of outside influences. You get to see who you are without your connections to society. The abyss would gift you with insanity until you moved away from it. Regarding the abyss, I felt that it would be your reflection staring back into you.
So yeah, it was a great article.
Dear Sir/Madam,
If by any chance you need to hire a guy to manage your rentals and/or combining cards for you, please don't hesitate to contact me. Look forward to our future cooperation.
😁
I use peakmonsters bulk view to manage mine.
Just a matter of a bunch of clicking.
It is a 'lot' of clicking for me
Yeah, I sympathize with the burden.
Tsu let me hold the vote for a couple months on
steemand it became a chore.I don't generally try to take on responsibilities, but if you have a way to limit the risk, I might be convinced to take on a rental agent contract.
I don't really need the money, but I do run on at the end of my online day without enough work to fill the hours, and this seems a simple, straight forward deal.