RE: Can Splinterlands Survive the Bear?
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I agree it's going to be a rough stretch for a while, but I think if they can get Land working and reenergize the rental market, you'll see prices pick up again. I'm not sure what to make of SPS. It's just hard to wrap my brain around that many tokens. Unless and until they can really light a fire under the gaming masses, I just don't see how that can ever climb very far. The cards though, I think will recover. What they need to do is what Ragnarok is doing. Build an HBD position somehow so they can self-fund things going forward. It would have been better if they had done it earlier, obviously, but I still think it would be a good thing to try and get in place for the future. It takes less than 4 years to double if you compound the interest. That could go a long way in the future.
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To be fair, the 20% wasn't around when they first started. Returns would be skewed by that fact. Moving forward though, it would be a great idea. Cheaper pack prices will likely drive more users.
That is true. It's hard to plan for something that doesn't exist. lol We'll see about the cheaper pack prices. I think one thing that has really helped the rental market is the new brawling formats with the GF only frays. I think developing and expanding that aspect of the game is where they could really go a long way towards sustainability. The rental prices really creep up each time there's a new brawl.
My rental income hasn't been great lately, but I think there was a problem with their code. I think it was reporting less rewards than we were actually getting. I have to double check that this morning.
My rental income usually drops to about 1/3 of what it ends up being by the end of the season. All the rentals kind of hit the market at once in the first few days so the bots take the prices way down. Once the first few days are out of the way things start moving up again.
That makes sense!
🤔 I'm a thinker. lol