Splinterlands Is Still My Best Investment Ever!

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I would never have thought to say something like that about a game! But let's be honest, Splinterlands is far more than a game. I spend much more time managing my investment in Splinterlands these days than playing the game itself.

I may be missing a few of the ways one can make a profit or earn through Splinterlands, but I'll try to make a list as complete as possible here:

Cards/Packs

  • buy packs, hold, and sell after they are sold out
  • buy cards cheap, and sell them when they are in high demand at a higher price, usually after their packs are sold out or they are out of print (for the reward cards)
  • flip cards for profit or use case
  • burn cards for their DEC value, if their market price is below that (unlikely)

Trading

  • make a profit trading or investing short-term in SPS, DEC, or VOUCHER on the secondary markets
  • Burn SPS for DEC if the price of DEC goes above 0.001, to arbitrage
  • arbitrage between the various markets where the Splinterlands tokens are listed

Playing To Earn

  • buy packs and open them or single cards, build a deck, and play the game to earn
  • rent cards and play to earn a profit in ranked games, tournaments, and brawls
    • while building your deck
    • without building your own deck
  • become a scholar: use someone else's deck to play it for rewards and split rewards with that person

Investing

  • invest in a deck (to play it, rent it out, sell account)
  • rent out entire decks, usually to a scholar, and split rewards
  • rent cards out
    • rent all your cards out
    • rent your excess cards out, the ones you don't play with
  • stake SPS for rewards (including GLX airdrop) and governance voting
  • earn rewards for providing liquidity to certain Splinterlands-related pools on Hive-Engine, BSC, or Ethereum
  • own land, for its benefits, current, and future
  • own SPS node validator licenses for their benefits
  • become an SPS node validator, when that will be publicly released
  • own Tower Defense packs for their current benefits and future use case
  • buy any kind of pack from Splinterlands to participate in their card airdrops at certain milestones of packs sold
  • stake GLX for an impressive APR or sell it when the price meets your target
  • own GLG packs for future GLX rewards
  • own SPS node validator licenses for an airdrop of GLS node validator licenses (? Matt mentioned it in a Town Hall some time ago)
  • invest in projects that offer 3rd party services for Splinterlands
  • invest in projects that invest in Splinterlands and share dividends
  • pool funds together for better benefits in presales
  • mega-guilds - invest a lot upfront for the best benefits, usually use a scholarship system to split rewards with those playing the accounts they control

As you can see from the above list, Investing is the largest category, and many of them are not related to the game itself.

The latest rage in the Splinterlands realm is probably the GLX airdrop, which is performing much better than many expected.

Here's my daily passive income from SPS and GLX at this time, and after I sold a good portion of my GLX for stables which now earn their own APR:

image.png

And that doesn't include any rewards from playing the game, renting out cards, land rewards, TD rewards, LP rewards, or anything else I might be missing from this enumeration. For example, GLX staking gives both GLX rewards and GLGT rewards, but currently, GLGT (the correspondent of VOUCHER on GLS) doesn't have any market value. They will have one at some point, but in the meantime, they accumulate.

Posted Using LeoFinance Beta



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28 comments
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Nice daily income from the GLX tokens. I am starting to accumulate some GLX and hope the game is a success.
!PIZZA

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Yep, I was surprised to see how well it holds, both the APR and the price of GLX until a few days ago (but it's still ok and sort of finding a new balance)

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That's a huge number of both SPS and GLX. I am happy about your gains.

!PIZZA

!CTP

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Thanks! It all compounds over time and as we re-invest and remain active.

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My 2,000 plus SPS receives 1.26 GLX airdrop daily. After selling 24 last time, I stake the remaining 10. I forgot to count the number of days, but my stake now is already 44 GLX.

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Considering that you joined the game not so long ago, a 2k SPS stake is pretty nice. Take care of it and grow it! :)

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Yes, thanks! My goal now is to reach 10k SPS. 😊

!PIZZA

!CTP

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Nice! When you'll have 10k, you'll want more. :)

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Yeah, interestingly, playing the routine battles for the daily chests are one of the less productive/efficient ways to generate income from the game. Thanks for sharing!

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It depends. There's a luck factor involved there, and I believe most of the assets in the game are at or close to the bottom, and something like the reward cards collected this way will be more valuable in the future.

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Hmm I hope so.. We will see hehe! :)

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So far I am still deep in the hole. Spent too much on cards that lost a lot of value

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Sorry to hear about that. I still buy cards every week. I probably didn't do as much when they were super expensive.

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Meanwhile I am only getting pennies from “Play2Earn” 🤣

It will be hard to get new people interested if the yield from playing is lower than flipping burgers and do nothing (like putting it in HBD for 20% lol)

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How does 1100%+ APR sound for GLX staking? Used to be higher. Splinterlands is not only play2earn, as I described in the post. You can earn by playing, but there are many other options, and you have to think wider than play2earn. As you use those options you can reinvest and become more competitive for play2earn too.

There is of course the option to just play for fun and not be interested in gains at all. Not sure how many are interested in that, however.

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1100% is not sustainable, who is paying for the yield and where is the money coming from?

If coming from the same pool of people something else will give.

I get what you are saying.

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I'm not saying it'll hold long-term. I'm saying one needs to pay attention to the opportunities and choose his own "fights". And if the timing is right, it's even better. Otherwise, consistency over long periods of time should be a winner too.

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Splinterlands is a great investment but I am not so sure about GLX. It just seems like the GLX price will drop down over time and I don't know if I will even bother with the game. I will just sell off the GLX and take some profits. I can at least use that for Splinterlands.

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I build some GLX stake for the passive earning opportunities on GLS (and who knows, maybe I'll like a game at some point?), and I sell a good part of it. I only staked 100% at the beginning.

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Impressive list of financial strategies for Splinterlands. Now I understand why you spend more time managing your investment then playing. LOL! :)
Thank for sharing.

Posted Using LeoFinance Beta

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I actually think I missed a few. Marketing, for example, for referral rewards on purchases with credits.

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