Can you afford the Waka Spiritblade?
So the official word is out and just as expected, the Waka Spiritblade is going to strain your wallet. Getting this monster will be huge for anybody's deck, so I can understand why it is priced as high as it is.
Yesterday, the Splinterlands account discussed a couple of topics concerning the summoner. For the price of the token, we have official word that each unit of the monster will cost 5000 SPS and 500 vouchers.
The price of the Promo summoner will be paid in SPS and vouchers combined. Considering that it is priced in both tokens, the market value of either token will not influence the volume of each token to be paid.
Since the announcement, the market value of both vouchers and SPS tokens have risen. Voucher currently trades at $2.5, while SPS is a little bit higher than 15 cents.
I don't expect the price of either token to experience any dramatic rise before the sales. Big players will want to get their hands on tokens before the launch of the summoner but considering each token is mined every day and there is still 8 days, I reckon that will be enough time.
For the 500 Waka summoners that will be on Hive, there will be need for 2.5m SPS and 250K voucher tokens. At the current price, that amounts to roughly $1m worth of both tokens to buy all the available waka summoners.
Let's face it, the recent pace of purchases proves that $1m worth of an asset will be gobbled up in minutes. In the first couple of hours of the Chaos Legion general sale, we saw how things got crazy, so I reckon it will be the same with this summoner.
Honestly, I don't think that having the required sum will be enough for you to get the summoner. You could do everything right but still not get it because of the rush.
In any case, at the current price of both tokens, each unit of the Waka summoner will be around $2k. No matter how awesome a monster is, that is quite the price to pay.
Of course, when you consider the fact that it will be coming fully maxed out, you can understand why it is priced so high. In fact, when you compare it to other summoners right now, you'll find that it's not even the most expensive.
Assuming we were to divide the dollar valuation at the current price of both token with the total number of monsters required to max out a legendary card(11), each monster is printed at about $181-$185 per unit.
At this price, it will undoubtedly be the most expensive summoner from the new set of monsters with smaller collection power but it will not even be scratching the top of the overall list, in terms of summoner price.
In fact, at this minting price, the maxed-out Waka flaka summoner will be the 16th most expensive summoner in the game and the 29th most expensive monster overall. It is even behind Alpha version of Alric Stormbringer in the price rating.
What I'm trying to say is that the Waka Spiritblade looks expensive on paper, which is a truth on its own but relative to what is in the Splinterlands market, it is just one amongst the big names.
I definitely can't afford this monster, so I will not be trying to buy it. However, I will be keeping my eyes on the rental market for any cheap deal I can find.
This monster has the capacity to completely upgrade your squad you take into battles. I will pay whatever it takes to add it to my squad and beat up everyone I come across.
How much will the rental cost? I can't say but expect it to be in the top 30 most expensive monsters to rent. I hope I'll be able to afford it and if I do, I hope I'll spend enough time in the game to profit from the investment.
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