Why I Bought TWO SPS Validator Node Licenses...

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I am indeed the proud owner of not one but TWO SPS Validator Node Licenses...

Although I do wish I had more to show for it than this...

Screenshot 20220527 at 19.45.41.png
Still, immediate lack of aesthetics aside I think these are going to yield the highest passive-return of all the game assets to date based on the fact that they are super-rare: rare than land.

And check out the math which I covered in this post here.

Basically if the first tranche sells out - which is 3000 node licenses, then plus another 2000 from the pre-sale, with all 5000 nodes running, each node gets around 8000 SPS a year and 4 Vouchers a day.

That's a return on my investment of around 60-70% APR on the SPS and so a return after only 8 months of operation as I bought during pre-sale, and BETTER than this once you factor in the VOUCHER.

Returns will come down as we sell through the tranches, but I figure that people are only going to buy the later trances as the price of SPS increases, which would increase the value of my node license! And Voucher along with it.

Meanwhile I also expect the return on just staked SPS to go down - it's only going down, let's face it - It's already < 50% (still pretty good of course) but I imagine it will be below 30% easily by the time the node licenses launch.

In short I just see these node licenses as the best Splinterlands ASSET printers out there.

Now all I have to do is wait several more months before I can DO anything with it!

Posted Using LeoFinance Beta

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No shit!

Your return will be good but in terms of actual value in fiat will be negative.

In my opinion that is.

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You are looking at fiat within a certain period in relation to the Hive and SPS, but you don’t know what the Hive and SPS will be by the moment of truth)

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You're right, it's all a risk!

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I think it's a worthwhile risk, you know that bulls exist and people will always play games...except for people like me)

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The nodes are on sale in hive-engine. If can afford I like to buy one. I could theoretically use fiat money and sell other crypto to buy one. But will the nodes stay the same now, or rises rapidly !

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Yes, it looks tempting, and I will if my SPTs justify themselves and give me the opportunity to buy a license.

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