RE: How The 'Play To Earn' Brand Might Be Hurting Splinterlands
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"Play to Earn" is an over-hyped term that makes people expect to get value for free, just by investing their time. Few games are actually offering this. Those which do often end up in economic troubles because their game assets are quickly devalued as more and more players (and bots!) are dumping their rewards for their share of "Play to Earn".
Splinterlands itself is not even using this term anymore. "Pay to Earn" would be more appropriate but sounds boring and lame and also kind of misses the bigger picture.
Maybe something like "Play to Own" would be better, as it highlights the benefits over the legacy gaming industry where you don't own your games, items and achievements. Whether you are earning with this or not is secondary and different from game to game.
Personally, I see myself as a collector first (own). Splinterlands assets are very rare and cards are even hyper-deflational. I don't even play the actual game myself for two years and yet I am spending hours each day in front of it, managing it (work) and having fun (play) while doing so. I am playing a different game within the same game. And I know that my value is being protected by the blockchain as well as by the developers, who know better than most in this industry how their implemented economics will over time elevate this entire Splinterverse. I did this long before there was any significant value in playing or renting (although admittedly I did expect that value will come over time).
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Yeah I love that angle...Play to own is a much better way to frame the Splinterlands experience. And like you said, it's always been their mission to put ownership of the assets into people's hands!
Posted using Splintertalk
How dont ppl make money on this I havent played since I I sold my old deck for about 40K I bootstrapped it last year. Now I have plowed that into SPS right now 250K and 3.6 million SPT and going to get 1 million and 20 million so I have some real infuence. Also if you are serious and have the skills to make my investment club better and also improve the game and HIVE I will give you 1750 of equity all you need to do is complete 1K in bank bonus referrals after we talk bc I need to talk to anyone I work with on phone or video chat. Just dont want to wrk with strangers.
The overall Idea is basically to fund a entire club with equity by sticking it to the major banks and use there promos to close round 1 at 200K then round two will be 2000 per person in bonuses or 4K and they keep 3000 and that is the last equity round. Next we will take debt instead so the original unit holders can reap benefits. The fund will never be completely closed as I will constantly be funding ppl with a feeder fund with smaller amounts and anyone who is foreign I need to figure out something so you get benefits but the rules are so bad and penalties for not complying even unkowingly are horrible so one way as I thought of having a hub person in those countries where they are a leader in the community and just happen to live there be the LLC GP in that country and will be compensated exactly as GPS are here. A new LLC I will form in the Cayman Islands will control 51% until we push it into a DAO bc my real goal is to make basically a retirement vehicle for splinterlands players and other affiliated guilds and games and make sure I take care of the community that changed my life. I would still be a CPA slaving away at shit I have just to get what 100K a year when you realize that is 50K after expenses then you pay for cars and other shit your left with nothing pretty much so I thought well if some of the best paying salaries cant get me there wtf am I doing why not just take the resources I have and am getting as well from prior investments (went on a investing spree and now many are paying off 2-100X lol) shove it into this club and do something cool with it. I want splinterlands to have a apartment complex. Plaster blockchain fetures all over it make it a place where crypto ppl want to live plus make it the most profitable and extremely affordable by using staking and mining to offset like fuck security depopsits instead take that money and invest in the fund for the complex which each one will be a division of the overall club and work in a similar way to grow assets and cash flow so eventually all investors in the complex even outside investors are making shit loads and the ppls lives get better inside the complex as well and eventually become free and possibly.
Posted using Splintertalk
Very impressive, I should have done the same. Instead I sat on all my stuff the entire time.
I believe that was a good choice with SPS. No idea about SPT but as a fellow whale and Splinterlands-believer I salute you. With 20 million SPT you will not just have some influence, you will be 4x larger than the largest stakeholder. The only force larger than you would be Splinterlands holdings and the combined delegated power on @monster-curator, which I am managing.
May I ask what your intentions for SPT are?
I have literally no idea what any of that means.
Maybe you are confusing me with somebody else. But none of that sounds like something I want my name to be associated with, even if I would have the capital - which I don't.
Sorry did not see it. Most ppl have not clue bc not many ppl do it. I make a good portion of income by just opening bank accounts to get the sign up bonuses and when you theoretically use my referral link to open a account to get say 500 bucks deposited in it after you deposit 1K for 2 months I also get 500 meaning the investment fund got 1000 added to it and one more and it funds yours and the GP interests. Its basically going to be a hedge fund and invest in blockchain games, start ups, private real estate and other cash flowing assets. Its nothing bad or wrong I just found a way to make a equity fund free and many ppl don't believe me the only thing you need to do to get cash flow for your pro rata amount is spend a couple hours doing as many bonus referrals as you want. Originally I pitched it as just direct contributions but ppl said a grand was to much so I said 100 that was still to much so I thought about what I do to make about 100K with bank bonuses per year and thought hey why dont I organize my links so ppl can get in without using money thy didnt have. It really is exactly as it sounds a investment fund where everyone pitchs ideas, concepts and votes on the moves we make. Basically a member ran hedge fund but not big. Not sure why you wouldnt want your name near it my end goal is to provides it on a large scale by purchasing a apartment building or buildings and seting up staking as a service and nodes to generate heat and that qualifies for a tax credit plus there are about 40% more so it would be a hybrid crypto, traditional, and alternative asset fund and there would be checks like a multi sig wallet. Online financials updated weekly. The goal is to get a group of smart ppl to make money. My other LLC is on auto pilot and is worth 6X from 3 years ago the real estate I bought returned a IIR of 40% and did really well. Just simply think of it as a club where anything thsat produces cash flow and will also help ppl like the rental that will be at no cost in 1-2 years. We will also educate tenants on how to use the bank bonus site encages they need money for rent. It is not something many do but I make about 300 a hour doing it 5X more than my other job and the fund is just something to but as many assets as possible and make the banks pay for it all and each year you nonrepeat The goal is cash flow and giving equity to get the cash flow for free by completing quick referrals I have nothing to do with creating your bank referrals. The way it will be set up is by having a master account and a a acount you would make or use to delegate say SPT to equal to 1000 and if you were the first person I would tke 750 of my thousand and add it to you to increase your return. So its pretty much a cash flow gift horse
My intentions are to give SPT another use by adding it to my visa for sps i am working on securing
Also I just delegated it to you lol
I now it sounds odd at first but just think about it there are about 500-600 bonuses between banks brokers fintech crypto etc and they can with 900 ppl get a 1.8 million dollar cash machine going
The visa also has defi and is used to collect distributions to be spent be each member and give everyone what they want a card for SPS DEC and SPT plus replace the banker nft with only a waka card so there is more use out of that
If you want to chat may be easier to explain. dm me and we can get on a video call and I will walk you though it three is nothing that is bad or ill intentioned probably the opposite,
See my comments below its litterally a investment club everyone votes but the interest are paid for by something I learned to do with banks and make about 100K a year with my self. I am not sure why you wouldn't want to be associated with eventually air dropping interests to the whole splinter lands community and giving everyone cash flow from it as well as a ambitious goal of a free apartment complex for gamers.