Games Are Taking Over The Financial World + My Introduction

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(Edited)

Oh. Hello.

My name is Kris. I'm 41 and have spent the last 15 years living in NYC. For the past 10 years I've been a personal trainer. I work with a lot of people on Wall St and that has helped feed my lifelong fascination with markets.

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(sorry for the stupid face but I have three pictures on my computer and the other two are shirtless because... personal trainer)

I don't have a lot of money but I've saved up a few satoshis over the years and most of that is in crypto and Splinterlands.

A few weeks ago I got married to a high school english teacher (that lady in the picture) and a few weeks from now we will leave NYC and head for a beach house in Mexico for the next year at least.

Oh, and I'm largely retired.

Yesterday I made $275 from Splinterlands.

Over $300 if you include the few bucks I made writing about it.

Today I expect to make the same.

Tomorrow I will do it again.

In fact, I expect that to be the case every day this week including the weekend.

This week I took a few of those dollars and I bought some more cards that I can rent to increase that a bit more.

I took a few more dollars and I bought some assets in dCrops because someone wrote about it and it seemed fun, it's in Alpha and they're airdropping magic internet money so why the heck not?

I also bought 5 or 6 more properties in Upland. I don't make much on upland but for the $800 or so I've put in, I get about $25 per month back out and that just keeps rising.

Last week I sold a piece of land I'd been sitting on for an $800 profit. Not real land of course. It was in Decentraland. The money was real enough though.

This week I'm trying to buy a plot to replace it. If I'm successful it will be my 5th buy. The first 4 all made a nice profit. I'm starting to think I should always have more than one though because I expect it to blow up one day and I don't want it to happen while I'm between plots.

I fully expect to be able to pay my physical rent by renting out a couple plots of virtual land one day in the next decade.

And that Might sound crazy until you consider that currently almost my entire life is being funded by games on the internet that I'm not even good at.

The crazy thing though, is this is only the start.

Games are here to stay and they are going to change the world.

Not only is there real money to be made but there are whole economies building up around these games and virtual worlds.

I was searching for something on upland the other day and I found that someone is opening a bank for the game. It will offer loans against your properties, it will help you quick sell for USD if you need to cash out, it will act as an escrow between you and another player, it will issue you a mortgage if you want to buy a property you can't quite afford.

Upland isn't even much of a game but there are millions of dollars changing hands and that makes it large enough for some enterprising people to create a financial services company. THey will probably make millions from this idea while my clients on Wall Street scoff at the idea that games could make anyone money.

When I tell them I'm making 25% APY playing upland or 80% on my SPS or 70% on my splinterlands deck, they tell me I'm getting scammed. It just doesn't make sense to them.

But here it is. It's real. And it's taking over.

Splinterlands is now the most played PlayToEarn game around. It's the oldest of its kind.

Before I go further on that thought, I want to mention Cryptopunks. Many people have said splinterlands is the cryptopunks of PtE games. I agree. But let's talk about what that means real quick.

Although I was playing with crypto markets in 2017, Cryptopunks didn't get on my radar until last year. I read about them and people said I had to get one. There were only 10k of them and that's it and everyone was going to want them.

I thought this was stupid. They are ugly. No one is going to use them for anything.

Then I started seeing them go up as profile picks on Twitter and was intrigued but still thought they were ugly and I just thought those people paid too much as they were a few thousands dollars.

Fast forward to today. I didn't buy a cryptopunk but Visa did and Snoop Dog did, and some guy with $11 million at an auction did and someone else spent $5 million sweeping the floor. Now cryptopunks are worth close to half a million dollars at the floor.

They are a status symbol. There are only 10k of them. There is almost no chance they lose value. They are social proof in a new world where status is online. You can get a different NFT but unless you have half a million, you aren't getting a Cryptopunk ever again.

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(This is half a million dollars. It does nothing. It's worth every penny.)

Now let's take that back to Splinterlands. The first and now most popular game of its kind with over 350k people logging on to play each day and growing toward millions.

More and ore of those people are replacing their 9 to 5's playing this game and others like it and I'd venture to say less than 1% of the world even knows this is a serious category yet.

As this OG game grows and more people begin quitting their jobs and others work to build out economies and outside services for each of these games in the way upland players are building banks, what are these assets going to be worth?

That's why I spent bucks on Alpha Gold cards. SOmetimes I just open this page and stare at it because I find it truly amazing what is happening and what I own.

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About half of those have under 200 mints floating around. The price to me are the 2 Alric Stormbringers. I own two of the 170 Gold Foil Alpha Alric Stormbringers and right now they are going for what Cryptopunks were selling for a year ago.

If you have a $2500, you could own one also. Don't have $2500 laying around? For $680 you could get Beta which has only 482 in circulation. Alric not your flavor? Maybe you rather something like a Daria Dragonscale with just 287 in circulation for $500

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or Maybe $500 is absolutely crazy to you. It's a lot of money to spend on a digital card after all. What about An Alpha Malric for $60 with just 3342 in circulation. It's not 200 but when this game has millions of players, 3342 is going to be a rare as anything ever needs to be.

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The point here is that games are here to stay. The world is changing. Jobs are losing relevance and physical assets will also lose their charm as more and more of life is lived online and in virtual realms and in virtual economies.

You, my lucky friend, are early and you should be taking full advantage of it by owning part of your experience.

As economies and companies are built around these assets, you want to be the one who owns them.

Not financial advice. I'm an idiot who spends all his money on game and should never be listened to.

Posted Using LeoFinance Beta



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I'm in pretty much exactly the same position as you - Splinterlands seems to be on track as a life changer - a daily drop and rentals of hundreds of dollars is BONKERS, and sitting on a TRACT, as you say, that's the crazy thing, this is just the start.

I did start with Upland then just couldn't be arsed any more.

I also just missed out with Decentraland.... I ummmed and awwed a couple of years ago over whether I should buy some land and decided not to, wish I had.

But at least with Splinterlands it's all good.

Funny thing about Dcrops is this (hint) the game is quite dull (I already can't be bothered with it after just 2 seasons) but holding the packs unopened gets you quite a nice drop of Hive every day.

Have you heard of CryptoRaiders btw? That's my favourite game Vest besides Splinterlands, on Polygon.

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Man, a tract is something I can only drean about. Congrats on making that solid choice. I bought one plot of land in March as a just in case. Glad to have that but also it mocks me daily in how lonely it is.

The thing with upland for me is that while its boring as can be, they have a very captive audience that spend unreasonable time and money on things like buildings with no stated purpose. People believe in that game and they've built communities and economies and the devs are always active and moving the ball forward. That combination of traits mixed with where we are in this industry is just too good to ignore.

lol dCrops. I agree. They have a long way to go before its a game or worth playing. But the rewards are good so I'll check in every few days and hold some alpha assets.

With Decentraland, I missed those $100 plots too but it's still an infant. I believe there will come a day when digital space overtakes the value of physical space. I think rentals in Splinterlands is giving us a glimpse of a future where livings are made online and owning the assets trumps all. At $5000, owning a plot in Decentraland is an absolute must going forward with my vision of the world.

Haven't heard of Cryptoraiders. What do you like about it?

!WINE
!PIZZA
!BEER

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dCity > dCrops ;)

Posted Using LeoFinance Beta

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I'm sure you're right. I went and checked it out the other day briefly though and I didn't get it. I saw a list of buildings and didn't know what to do with them. Another one I tried for a minute but didn't get was CryptoBrewMaster. There's so much going on there and no instruction.

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The concept of renting out non-depreciating digital real estate and assets is wild.

It's already starting to change lives (you're a perfect example!), but we're still sooooo early.

Just keep accumulating digital assets that generate income.

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It's crazy to think that there's already nothing in the physical or financial world that comes close to matching the return of the right digital assets.

Things that aren't necessary for survival are free to become as expensive as we can imagine. Real world stuff like houses and food have a cap.

I'm can already see the headline on CNBC. "Digital Real Estate Overtakes the State of California in Property Value". It's just nuts enough to happen.

Posted Using LeoFinance Beta

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