Why Am I Betting Big On SPT?

avatar

ob.png

There sure is a lot of excitement in the air these days when it comes to Splinterlands huh?

We're only a couple of days from the Chaos Legion pre-sale! And today's AMA took the community's excitement to a whole new level.

From SPS to VOUCHER, the $700,000 Land sale to the end of season rewards...It's quite the time to be involved with this game!

Obviously, people are trying to accumulate as much SPS as possible. For big potential down the road, but right now, to acquire the VOUCHER token which begins to be air dropped early next week.

So people are trying to figure out how to maximize their ability to stack SPS. And of course, Splinterlands has a TON of ways for us to earn SPS every day for the next 10 months.

I've mentioned it before, but I really wanted to highlight my 'sneaky' way to grow my stake in Splinterlands and that's through this front end - Splintertalk.io and it's token...SPT!

why2.png

Over 7k in volume today alone for SPT and hovering around a penny per token...I still think this is greatly undervalued when you take a step back and look at the big picture.

Here's what I mean:

A lot of us are familiar with the way the Hive blockchain operates. SPT is a second layer token on top of Hive, and it's front end Splintertalk operates in a very similar fashion.

The more stake or SPT Power you have, the more you can earn through curation which is laymens terms just means you earn by 'liking' other people's content.

Absolutely brilliant! And I'm not going to get into the specifics of the delegated proof of stake tech that it's built upon, but just remember...You are rewarded for not only creating content here but also LIKING other people's content as well.

lo.png

Say your upvote is worth 10 SPT, every time you 'like' someone else's content at 100% you are getting back 5 SPT in your wallet in the next 7 days.

That's right 50% of what you 'put out there' in the form of an upvote, comes back to you.

And here's the exciting part....

I bet 90% of the Splinterlands players still haven't even created or engaged once on Splintertalk!

We see the excitement for other #play2earn games that are using Hive to reward their community for creating content (Axie Buzz) and just can't help but think...

What happens when 50% or 75% of the people playing this game, start talking about this game on Splintertalk?

So while everyone is trying to figure out when to buy or sell DEC to maximize their returns, or which card should they invest in...I'm investing in the community, and I believe Splintertalk and SPT is the best way to do it!

why.png

Today I secured another 10,000 SPT on the market and have grown my SPT holding to almost 300,000.

I focus on this account (jonnycoin) to upvote content and create content on the platform but I'm also taking a bunch and delegating it to @monster-curator via my main account (@jongolson)

They have their finger on the pulse of this community and I'm geting SPT sent to my wallet each and every day by curating to their project.

Are we starting to see why SPT and Splintertalk have so much potential???

As this game and community continues to grow, I expect even more players to dive into Splintertalk. And we may look back at sub-1 cent SPT as the most affordable and effective way to build your stake and everything that comes with it in Splinterlands!



0
0
0.000
48 comments
avatar

300k is a sweet number. I’m still threading along the 60k lines.

I watched the AMA today, seems like some crazy utility will be coming for SPT tokens through the sale of Splinterlands NFT’s

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yeah and they are pretty pricey LOL

I'm sure I'll hate myself for not grabbing some of those NFTs now lol

0
0
0.000
avatar

Stacks on Stacks I only got 110k myself 😭

0
0
0.000
avatar

Man that's all I think about daily know...How to increase the stacks lolol

0
0
0.000
avatar

Last time I looked at the price of SPT... it was only a little cheaper than DEC... and so at that time it made way more sense to purchase DEC for the 1:1 SPS airdrop points. Obviously this post made me check it out again:

SPT = $0.00992 vs DEC = $0.147 compared to HIVE... So now that DEC is 15 times more expensive than SPT... if you're going to buy anything with HIVE for the SPS airdrop points, it has to be SPT... and then you've got the staking on top of that.

Good call dude!

0
0
0.000
avatar

I think your DEC price is missing a zero after the decimal. It should be $0.0147 not $0.147 making it only 1.5x as expensive as SPT and it gives you 4x as many airdrop points.

0
0
0.000
avatar

Yeah to me it's not so much the price right now, because on paper, DEC looks like the better investment...But DEC is so volatile. Who knows where the price will go.

But SPT is community driven. And I can put my tokens to use, curation and delegation helps me grow my stacks. DEC is earned through rentals and game play, which is fantastic...But at the end of the day, I'll always bet on the community :)

0
0
0.000
avatar

I agree, this is another of the ways people can be taking advantage of earning on #Splinterlands. There are just so many. I've only got around 50k with most of it with @monster-curator as well. If I wasn't spending so much damn money on cards, maybe I could buy some more of this. lol

The great thing though is that there are sooo many ways to profit from the success of #Splinterlands. You don't have to invest hundreds of dollars (or $700k) to make real money. Like you said, SPT is under a penny. You can buy a decent amount for not a lot of money and then curate and turn it into more, all the while earning SPS tokens to stake....and earn more SPS. It feeds on itself. What a concept! :-)

0
0
0.000
avatar

It's brilliant. The Splinterlands team has really thought this out so it's feeding each arm of the platform it seems.

SPT -> SPS....SPS -> more DEC or SPT and the cycle repeats LOL

0
0
0.000
avatar

It's definitely one of the best ways to get airdrop points because DEC prices have skyrocketed. With the extra tokens you can get from blogging/engaging, I think it's one of the easiest way to get involved.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Absolutely. Commenting, creating and curating. Makes perfect sense for my game plan!

0
0
0.000
avatar

Great post! I'm not seeing the 50% return on SPT voting that you're mentioning here though. I know it depends on the vote reward pool and who votes before and after you. Most of my Splintertalk votes only return about 25% of my vote value. Once in a while I'll vote on one before a whale hits it and I'll get more, but that's more the exception than the rule.

0
0
0.000
avatar

Shouldn't be...Should be whatever you vote you will get 50% of it back?

0
0
0.000
avatar

50% of a post payout goes to the author and 50% goes to the curators overall. But it's not an exact 50% of your vote comes back to you in rewards, it all depends on when you vote and who votes before and after you. I'm sure there's a mathematical explanation for it somewhere, but when I check my curation payouts, I get less than 30% vote value return when I vote after the whales and I get more than 100% of my vote value if I vote early before any whales.

0
0
0.000
avatar

Unless Splintertalk kept the old rewards curve. Hive changed it's rewards curve. Doesn't matter when you vote now, 5 minutes or 5 days. But maybe someone like @flauwy can confirm...Pretty sure it's 50% back on whatever you vote.

0
0
0.000
avatar

Yeah I'd be curious to hear more about it. I'm just going by the SPT curation payout listed for me at Splintertalk and compare it with the vote value listed on that same post. Here's an example from a @chronocrypto post I voted on: https://www.splintertalk.io/@chronocrypto/picked-up-some-reward-cards-true-investment-idea

My vote value is listed as 3.775359, but the curation reward in my wallet says I received "Curation reward: 1.107336 SPT for chronocrypto/picked-up-some-reward-cards-true-investment-idea" which is about 29% of my vote value.

0
0
0.000
avatar

SPT is 50/50 curation rewards but doesn't have a linear reward curve. Early curation is rewarded higher - which sucks. Will probably change sooner or later.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Ahhhh that sucks! Wonder why they haven't made the change yet? Thanks for clearing it up though!

0
0
0.000
avatar

Completely agree with you and in fact I have never sold an SPT and have done well, my goal is to get to 1 million SPT but I am still at 60% completed.
@tipu curate

0
0
0.000
avatar

So cool!

Yeah I'm shooting for 500k by the end of the year...Hopefully it stays low lol

0
0
0.000
avatar

Yeah, SPT has a bright future. Here is where the community meets, shares, earns and spends fur juicy NFTs and one day skins.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It's building up quite nicely!

I just need to keep some liquid, I'm too busy powering it all up lol

0
0
0.000
avatar

I have a question about liking a post and getting SPT: Let's say I like your post but I voted for it on HIVE. Does it count to get SPT? or Do I need to like the post from Splintertalk? Thank you!

0
0
0.000
avatar

Yup, as long as you have SPT powered up, you can vote for any Splintertalk content on any Hive front end.

0
0
0.000
avatar

That's great! Thank you!

0
0
0.000
avatar

Congratulations @jonnycoin! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 3500 upvotes.
Your next target is to reach 3750 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

0
0
0.000
avatar

Nice the SPT was undervalued for long time... now the time ut is highlighted.. SPS changes a lot....
!ALIVE
!PIZZA

0
0
0.000
avatar

It really has....Amazing what SPS has done for this entire eco system!

0
0
0.000
avatar

The potentials with Splinterlands are so excitingly huge one could develop headaches trying to figure out how to maximize greater returns.

0
0
0.000
avatar

I think the key is...All assets LOL

I mean, I dont really go for totems and things like that, I like the stuff I can control with my activity. So SPT is HUGE for me.

0
0
0.000
avatar

Lol I regret buying only 10k SPT when nobody wanted it. The monster-curator earnings are good. I think it was 20-30% before the boom. I have to go check out what it is again.

0
0
0.000
avatar

Ha ha ha ha I feel the pain. I bought 40k when it was dirt cheap...Wish I snagged more!

0
0
0.000
avatar

Blogging on the Hive Network about NFT Games is a great way to complement the earnings; we have several tribes around it, like Splintertalk, 1UP.Zone and Battle. One can earn several 2nd layer tokens AND Hive Rewards!

0
0
0.000
avatar

And I still think....This is just the beginning!!

0
0
0.000
avatar

You're actually the one who brought to my attention SPT again. Of course, I knew about it, and I saw it has value for the airdrop, but this was one of those moments of realizing how much I lost by ignoring the tribe and not posting consistently, all while playing the game every day.

0
0
0.000
avatar

It's turned me into such a believer in the bigger picture. I just can't help but wonder what will happen when there's a million daily players and like 20% of them start blogging and discovering SPT lol

0
0
0.000
avatar

Ahhh... I remember when SPT was worth almost nothing. Wish I had bought some then.

But I'm not letting regret hold me back—I'm buying now!

0
0
0.000
avatar

Ha ha ha ha ha I'm about to go do my daily buy right now too!!!

0
0
0.000
avatar

I was thinking the same thing the other day! !PIZZA

0
0
0.000
avatar

I staked some of my SPT to monster-curator and also I did trade some for DECs.

0
0
0.000
avatar

Awesome article buddy, it is a lot like our Master Mind session last night. This information is very compelling. There is a world of gamers out there that pay and play but they earn nothing back.
Your gameplay is building a business with one heck of and return on investment :-)

0
0
0.000