Is LAND is the most undervalued asset in SPLINTERLANDS: One PLOT has been added to my SPLINTERLANDS assets!

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(Edited)

PLOT in splinterlands?

The upcoming LAND EXPANSION is the biggest update that is going to integrate with the existing gameplay of Splinterlands. The PLOT or piece of land will be same like other games where your monsters will do several tasks. And that's why I have invested 150 bucks to buy a piece of LAND which is gonna surge in price very soon. And I don't want to keep myself away from the benefits of owing a LAND in the game as cards are always a increasing numbers in circulation but only the LANDs will be a fixed in the circulation number. So price will never dropped instead it will be more scare in future and price will be skyrocketing soon or later!

If you want to read about more details, you can visit this announcement page from the Splinterlands team-LAND EXPANSION DETAILS

Uses of Land

Though the overall details is not finalized until the LAND expansion stage 1, but there are many use cases that have been already mentioned in the announcement. I am trying to summarized those in the following lines
It is stated in the statement from the Splinterlands that-

The Splinterlands team is excited to release additional details about the next planned expansion for the Splinterlands game. This is by far the biggest update we have undertaken since building the game initially, and we expect it will take the entire Splinterlands ecosystem to a whole new level of both value and fun.

Not only are we planning to add new types of cards and a major update to the existing battle system, but we are also planning to add an entire additional game within the game to allow players to take control of the minting of the new cards. We think that this expansion will be groundbreaking - not just for Splinterlands - but for the entire blockchain-based gaming industry!

That means,

  • You can mint new types of NFT cards and different types of ITEMS and SPELLS which can be used in the battle.

  • There will be an extra part of currently existing game for doing battle with these minted ITEMS or SPELLS which is termed as 'GAME INSIDE THE GAME'.

  • The players who will have the LAND will be able to get some new battling abilities from these spells and items after minting them.

  • Different kinds of reources can be collected from the different tyes of land which will add more values to the LAND plots, though it will depend on the LAND rarity and LAND's characteristics.

  • And more interesting fact is that the currently existing monsters can be utilized for harvesting those resources which will bring more rewards for the LAND owners!

  • And finally, with this LAND integration, the overall gaming strategy will be more enjoyable with more fun and more rewards.

For further utilization of the LANDs, there will be different types of building for different types of functionalities. For upgardation and boost up the processing, DEC will be need which will be burnt totally and that will make the DEC more valuable!

The different categories of buildings are:

  • Natural Resource Harvesting
  • Natural Resource Refining
  • Natural Resource Storage
  • Magical Resource Harvesting
  • Magical Resource Storage
  • Essence Harvesting
  • Item & Spell Manufacturing

How many lands are in Splinterlands

There will be 150000 PLOTs in Splinterlands which is divided into 150 REGIONS and every REGIONS has 10 TRACTS containing 100 PLOTS!
You can read the details about them LAND EXPANSION-Splintercards resourcehere

Why PLOTs are so cheap now?

If PLOTs are so important, then why the price is low now? In this answer I have tried to find the logical answers and I have found these following concerns,

  • The main reason is the bleeding market of the CRYPTO which is the main driving factor of any Blockchain-based assets! I hope after the bear cycle market will boom again.

  • Many investors have made a huge profit already, they bought at $20 and have sold around 800-1000 bucks in past bull cycle. So, they are not buying more now and waiting fort he crypto winter for re-entry!

  • Some people are now trying to dump the market with tons of free SPS airdrops which is affecting the overall Splinterlands assets' price movement.

  • There are some crucial reasons like LAND will have same types as COMMON, RARE, EPIC and LEGENDARY which will be revealed during the final LAND EXPANSION. So, many people are fearing of getting a common one with the same price, it can be something like gambling.

  • Also the rewarding system is still unclear which is a major concern of any players to buy a piece of LAND!

  • The roadmap is also a little bit slow as the Splinterlands contains "LAND" in it's name but still nothing is here related to LAND!

Why it is most undervalued asset?

For my opinion, the PLOT is the most undervalued asset in Splinterlands because of many reasons, I am trying to explain it with my own concerns as in the following sentences,

  • The most important factor is that The LAND PLOTS are the only a assets which is fixed in number which will never increase in whole life time of the Splinterland game.

  • For the cards, it is a continuous process that there will be more tons of cards in near future in many edditions like RIFTERWATCH and many more but the number of LANDs will be fixed in Splinterlands!

  • The second important logic is the secrets of the LAND mechanisms and rewarding criteria is still unrevealed which has not create any hype to the LAND EXPANSION! When the details will be published the price will be skyrocketing within seconds!

  • There are many assets which are very expensive in Splinterlands without any proper reason only for the collection power, which is giving the free AIRDROP now. But after end of the free Airdrop, many cards will loose their intrinsic values but PLOT will never loose any intrinsic value but it will gain more more value in coming days!

My DEAL

Yesterday, I have bought my own piece of Land from the Tribaldex exchange at the price of 341 Hive which is around $150. And for my concern, I am very satisfied with the deal. If the price goes down to $100 I will buy another one! But not selling it for the next 5 years!

Because I am not looking at the current situation but looking for the future of the NFT-based blockchain games! And Splinterlands will be the pioneering one in this sector!

If you want to buy a PLOT, you can visit the Tribaldex exchange


And, If you want to be a proud member of the Splinterlands community and enjoy the magical world of hundreds of monsters and strategies for your battle where you will have the opportunities of amazing battles with some extraordinary monsters with amazing abilities which will uplift your online gaming experience to a new level. You can enter into the Splinterverse through this link sign up to join splinterlands

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Thank you so much for your time and attention.
I will catch you at the next.

All the images are prepared by me from the splinterlands, Tribaldex, Splintercards resources.


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12 comments
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Dear @tanzil2024 , Is Splinterlands a game where you use money to buy land and buildings in virtual reality to create the world you want?😃

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Not exactly but almost similar, it is in primary stage now where we can do battle with our monsters with other players. But after the LAND EXPANSION, there will be more things like making building, collecting resources and minting ITEMS and SPELLs which can be used in the battle like the a virtual universe I think. May be players will have less opportunity to change the world like some other games like MINECRAFT. But there will be the governance introduction in Splinterlands when the SPS holder can take any decision to move the game forward that will open a limitless opportunities here!
And thank you for stopping by.
!PIZZA

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Thank you for pizza!
How is weather in where you live? The place where I live has very hot summer weather!
Be careful covid19!

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Yeah, here the weather is also summer but I am in locked down area as I am living in student dormitory!
Yeah, safetyness is necessary everywhere. Take care!

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So, are you planning on using the land(s) you acquire, or do you see this more as a value play given the scarcity of land relative to cards?

!PGM

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Definitely I will use my LAND in the game mechanics and I think the value will also increase due to the scarcity of number of LAND plots with compare to the CARDS which is going to increase continuously. I will have the both option to use or sell at higher price but it depends on the use cases and the rewarding scopes offer by the land in future as it is still to be understand!
!PIZZA

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