Thinking Long Term with Splinterlands
Splinterlands is one of the Play2Earn games on the Hive blockchain and to be honest it is one game that a lot of people still play. The problem with any games on the blockchain is that the rewards die down after a while. It's not that with Splinterlands you get unlimited rewards but still, it's better I guess in comparison to other blockchain games. And we should not forget that it is just the starting. As of now only a handful of crypto enthusiasts have joined the Slinterlands and when the popularity increases we will see the real value of the game assets which we have now.
To be honest, gaming is a very big industry and if Splinterlands can crack even 0.5% of the market share, it will be huge because we will see enormous growth in the players in the game and that's why I am optimistic for the long-term approach of the game. When I started playing the game, I did not game my 100% and thus 2 years later I started playing it extensively If I would have started at the start the situation might be quite different, but again it's better late than never. I am still happy with the progress I have made in the game.
Till now I have not sold anything from the same and thus building the assets wherever I get. The most important one is the SPS, though the price of the SPS is less, we know what it can achieve. The good thing about the Team behind Splinterlands is that they are bringing something new or the other into the game which makes it fresh as well as more investors/players will invest in the game. But what I am seeing is that we are still not getting a lot of actual players who are investing in the game outside of the Hive ecosystem (might be I wrong on this).
My account value as of now is less than $1000 because of the bear market but I think that it has the potential to reach $5000 in the coming years if I think long term. And why I am saying that is because the game Splinterlands is for the future and whoever will remain invested now will reap the profit in the future. It is not because I have invested in the game and because of that I am saying. Because this the future. Think about it, if a lot of people start playing and earning, we will see massive growth.
I am not saying the growth will be visible in the coming years or so, I am just thinking about 5 years down the line when we can attract that 0.5 % gamer. Every good thing takes time and nothing can happen overnight and that's true with Splinterland too. The good thing about it is that you do not have to play also, you can rent out the assets and earn passively. So this game is not only for gamers/players, it is also for investors who can invest and reap the passive income profit.
If you want to play Splinterlands then you can join it here.
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Thanks for sharing! - @mango-juice
I agree with your points, and I too am looking at the medium to long term for my investment in Splinterlands.
Like you I hope that 0.5% player share will be reached in the future.
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