Splinterlands Feels Primed

It's been a rough two years for everyone. The bear market really takes it out of people, companies and overall sentiment of the crypto ecosystem. Mainly so towards the end of it. But I'd have to say we are out of the bear market because this year alone bitcoin has gone form $16,000 to it's now $35,000 an over 100% increase from it's all time lows in this bear market and honestly rather high overall.

Splinterlands has felt the pinch as well. But I know this community is strong and those of you like me know Splinterlands has a great head on its shoulders with Matt and the rest of the time.

I personally invested into this game back when it was steem monsters in Alpha nd Beta heavily. I was even offered up the opportunity to be an investor into the company which I have to say I wish I would have take but at the time it was a pretty large investment for a big unknown. That doesn't however mean I didn't invest in Splinterlands. In fact I picked up a ton of Beta packs enough to build the beta deck 3 times over. Since then I've sold out of one beta deck for some profits (sadly not during the bull market lol)

Sales

The sales numbers are looking good for Rebellion. Personally I picked up just 105 packs as I need to hold on to some stacks of DEC and be a little smart about it because I have a total of 142 plots of land including a keep I'll be needing to tend to. In fact I might even pick up some more land if I can find some deals for good production areas.

This pack sales comes with not one but TWO promo cards this time around. With nearly 300,000 packs sold of the total 500,000 there's a very good chance this things going to sell out before the timer is up. As we get closer to that 100k it normally sparks some fomo and some big last minute orders as we have seen in the past.

This also shows us that even though all of this bear market and doom and gloom talk that's been swirling around there's still plenty of demand still for the game and its assets.

Land

Land 1.5 should be coming out this month. The last statement from the team was they were pushing to get it released by the time public sale goes live for rebellion.

That means a few new pools will be created and the demand/use case for DEC will skyrocket compared to where it currently is.

Once 1.5 is out I don't think we will be waiting around all too long before land 2.0 is released which will bring in a massive flood of new assets to the game and tokens. There will be huge liquidity pools for so many assets in the game which will build a massive thriving ecosystem from players and investors how dump into these liquidity pools.

DEC has been holding decently steady on the upper end of it's mark.

The benchmark for DEC is $0.001 and will most likely max bounce between $0.00095 and $0.00105 and attempt to hold that peg.

That peg however I'm not so sure it's going to hold. I could be totally wrong on this but there feels like not enough incentive or trade to convert SPS to DEC to balance it out to always hold that peg. In times of very high demand like we see with land and a possible bull market to follow shortly behind it we could see this thing crazy depeg again and move back up to $0.012 that it once was in the last bull market.

This isn't actully a good thing either as the game really needs a solid decentralized pegged token. Perhaps HBD will offer that option up better?

What are you thoughts on the health of Splinterlands?

Special Note All earnings from this post will be invested back into Splinterlands in some way.