TeamPH Officially Launches Rent-to-Own Decks
TeamPH launched their land plot mortgage opportunity about 2 weeks ago. Many of the community members expressed interest in expending this idea to include decks. After a week of planning TeamPH has officially completed its first Filipino player rent to own deck.
Before we get into the detail I asked permission to share a few things said wile I was talking to whoswho a Filipino TeamPH community member wile working out the details of his deck.
Quote "I lost my job working in the engineering department of an electronics company and have been out of work for 1 year. I had a chance at a new job but it required me to sell all my assets in Splinterlands. I am now I.T. support and stable again with my new job, its time for me to give back. I never quit my guild and I want to a support them. @damienwolf was also one of my guildmates in StrayPH. I really want to get back to playing Splinterlands, it is fun."
He thanked TeamPH at a chance to Rent-to-Own and hopes to have his deck paid off in 1 year. When we work as a community everyone can live with abundance.
Lets take a look at this deck Splinter by Splinter. It is a combination of Riftwatchers, Chaos and Rewards cards.
Fire
Water
Earth
Life
Death
Dragon
Neutral
Here you will find the current details of the agreement.
- Player must have 10,000 staked TeamPH token to avail a deck.
- No down payments
- Player pays first month upfront.
- Player pays 2% interest on remaining principal
- If deal gets cancel player gets back 50% of the principal payed.
- 2 months of missed payments and deal is canceled automatically.
- Player gets back 10% of principal and interest paid each month in TeamPH Tokens.
- Deck is delegated to player and held as collateral until the deck is fully paid.
- Payments can be made in Peso, any Crypto and all Splinterlands Assets.
After integrating the first transaction into a spreadsheet.
Special Thank You to @mangomayhem for supplying the first deck to kickoff the program.
Special Thank You to @azircon for inspiring the TeamPH community to write content, share and bring value to HIVE/Splinterlands. HIVE votes don't just share wealth but have the ability to inspire.
Special Thank You to @aggroed and @yabapmatt for creating and amazing movement that helped me deal with the anxiety during covid lockdowns. No turning back now onwards!
TeamPH (Philippines) Hive community page.
TeamPH Discord Invite.
Rent to Own Decks are Key for Filipinos, it eradicates the barrier of entry, although things are cheaper right now, some of our community still cannot afford 500usd. This way, they gradually can pay for a deck and keep 100% rewards. TeamPH will have a few more decks ready very soon. TeamPH
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