0s and 1s
In less than a week, the Waka Spiritblade card gets released for purchase and while I have my 500 vouchers and 5000 SPS ready, I suspect that I am not going to have a chance of getting one, since there are so many people lining up for them, that they will be gone in a second. That is great for publicity, unless the distribution is poor - which is why I kind of wish that they would have had some hurdles to jump over in order to give more people a chance of getting their hands on one.
Perhaps instead of just liquid assets, an SPS staking requirement and perhaps 1 per account. In my opinion, it will be a bit of a shame if these hit the market or are put up for rent, as I think that first and foremost, players should be holding cards - but that is an opinion as a player myself - if I wasn't a player, perhaps I would still be buying as an investment.
500 vouchers and 5000 SPS is cheap for this card, a low-mana, death summoner with poison, already maxed - but it is the vouchers that are the expensive part for me, as I have had to buy an additional 360 of them off the market and if I am not able to secure a card, they are going to drop like a rock in value. The SPS requirements don't matter much at all, as even if I don't get one, I am collecting as much as SPS as I can anyway. "Collecting" mostly means buying, and I have added about 100,000 SPS in the last month to my holdings.
That is a lot and as I was saying the other day, between Splinterlands, Hive and Cub, a trifecta run on them would be a pretty fantastic result. However, that all just sounds like crypto dreaming to me, something that is fun to do, but not necessarily valuable to do - other than reminding that in this world "anything is possible" when it comes to crypto.
But, I was thinking about this in terms of the distribution of Splinterlands assets and how if all of these kinds of cards and assets keep ending up in the same hands, it might put the game in a precarious position. The reason is that while the financial value can be stabilized by the core main holders, if there is no longer the chance of the "lottery effect" to get in, will the average players turn to other games and experiences? Supporting the investors has worked so far in building the value of the game, but if that investor base doesn't widen, it sets a roof on how high it can go, before collapsing under its own weight. At least, that is how I envisage it at this moment.
But, the economics of this and the potential of the game to attract players and value in is a great unknown as while there is mammoth potential in the crypto gaming industry to come, there are also many factors that will influence the outcomes. Many of which, are unknown at this point.
There is a vast disconnect between my digital holdings and my real life, where while I am the kind of person that buys clothes when I need them, but only if they are on sale - the way I "spend" crypto is insane. I know that people must think it too, but I have been consistent with my approach since I started where I am not looking to pay my bills, I am looking to change my financial life forever.
For example, I can predict that IRL, I should be able to work at something and pay my bills for the foreseeable future, but it won't lead to me having much extra left over and retirement will be tight. I can also say that if financial life does fall apart and I can't manage, there are options there too. But, one thing I can't imagine in the future of my "traditional life" is being financially successful to the point where I no longer have to worry about paying the bills, my daughter's education or having enough to go on holiday occasionally.
But what this means is, investing into crypto for that world changer outcome, is actually not very risky at all, considering risk has to be tempered with reward. If I lose everything I am where I would have been if crypto had never been part of my life, but if it moves the other way, the gain could be astronomical. This means that there is low downside risk, but massive upside potential, even though the amounts I am risking now are the types of amounts I have never actually held or expected to hold in my lifetime. As said, this is somewhat illogical in psychological positioning when looking from the outside in, but it does make sense to me and that is all that matters, because I own it.
I think that what makes people jealous or uncomfortable with these kinds of discussions is that most people aren't accustomed to having them publicly, where we are shamed or ridiculed for discussing our own finances. It makes people uncomfortable too, because depending on life circumstances, it can create animosity and jealousy. However, that is not what my goal is at all, it is that I want to normalize the discussion around wealth and wealth generation, especially within the communities and with the people I value and hope do well.
This isn't financial advice, no one is paying to read this and I am not telling anyone what to do or not do with their income. Sure, I might get some vote value out of it, but I ama not getting anything else, other than the conversation itself. I believe this is a valuable conversation to have on and off the platform and if perhaps if there was more personal transparency and truth around finances in the real world, less of us would struggle with it.
Have you ever wondered what would we as a species could accomplish if we put down all of the rivalries and directed our energy to being and achieving our best? Is Mars that far out of reach, or clean energy, oceans and air?
See? I am an idealist trapped in the body of a forced pragmatist. I do want a better world and I want to be a direct part of creating it. But, if I have to spend all my time and energy worrying about whether I can feed my family and keep a roof over their heads, I will not be changing the world, I will not be adding the value I want to be able to add. So, in order to do that, I have to free up personal resources and to make it worth the time, it has to come through an asymmetrical return function, where there is more upside potential, than energy put in - Since I am getting on in years, where else but crypto can offer me a practical path?
Life is all 1s and 0s.
Do, or don't do.
Taraz
[ Gen1: Hive ]
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Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
This is the aim of majority to work and live a financial free life where one won't be choked up by not been capable of solving things financially
THe aim maybe, but do the steps of most people move toward it?
"There is a vast disconnect between my digital holdings and my real life," Have you ever thought about writing a post on bridging this gap?
I don't write often - so I will have to think about it.
I will keep my fingers crossed and hope that you do.
The Waka Spiritblade card might induce players to increase utilization of cards with the immunity or cleanse abilities into their lineups, but probably only at higher levels of play. I doubt that Waka will make a lot of appearances at the Bronze or Silver level.
I know that I am looking at cleanse cards. Why do you think not at the lower levels (other than cost)?
I'd guess it's because the accounts in Bronze and Silver probably won't have the SPS and vouchers to make the purchase.
Yeah - but I wonder how many real players will get one anyway? So, they will be on the rental market.
Obviously on the rental market at that level, someone would have to want to win more than earn - since they are all maxed automatically :)
True... but in Bronze and Silver, renting a fully maxed card might seem like an expensive waste. I guess we'll just have to see if it's a cheap Yodin almost-insta-win or not.
very hard to defend against, especially in the lower leagues.
Just the cost. Those who can afford a maxed-out summoner costing several thousand dollars probably already have a stable of expensive high-level cards and likely typically play at higher levels rather than slumming it in Bronze/Silver. Just a guess though.
Yeah, that makes sese. Also, because they are all maxed, the rental market will be priced for Diamond up.
With Crypto many will be financial stable and never worry about paying bills, but only if they can take the risk and investing in future
It is the risk taking that most people have an issue with :)
Yes, but they don't know nothing comes easy.
This card is really overpowered. I laugh every time someone says it's not. IMO, it would sell out fast even if it didn't have the "waka" name.
I had no idea this was based on a person at all at first - never heard of him :D
I hear you man... I'm so careful when it comes to real life expenses and income, and yet, what I've spent on CL packs is wild... but, it also doesn't feel frivolous... but an investment (that may or may not go well). We can see that Alpha, Beta, Untamed and Dice packs have all increased in value over time, but CL has a huge increase in pack numbers compared to those other editions... so I'm really banking on the game increasing its player base to a point where there is a demand for CL packs after it sells out. The good thing is... I can be extremely patient.
I don't have the requirements for Waka organised just yet... but I should do by the time it goes on sale. Like you I expect to not have a chance. We all know what bots do to sneakers and concert tickets and we know that Splinterlands has lots of bots... but I won't be too upset if I don't get one because I'll just stake the SPS and hold onto the vouchers for the next exciting thing.
This is what worries me! Should I have bought a Tesla instead? :D
This is a must. I suspect for CL, we are looking at two years at least for it to start really appreciating - unless that player drive comes in and there are suddenly a million more people and 5M accounts :)
I just hope the next voucher-demanded drop, doesn't go to the same people again, and again.
With the over the air updates... you could argue that a Tesla is more of an appreciating asset then Chaos Legion packs are likely to be anytime soon... but does require more garage space and access to a good power point.
Honestly... I assume any crypto venture isn't going to do anything until 2025 or 2030... so that's where my mindset is. It's all about the slow accumulation and hopefully being ready if things pop.
Hmmm. I hadn't thought of that, but I suspect you'll be right... it's very likely that the next drop will go to the same people... especially if Waka increases in value due to its scarcity and utility.
The power is an issue!!
I decade from start to retirement wouldn't be all bad, would it?
If all the awesome assets go to the same group continuously, I think it will push the rest to disconnect and find something else.
That's honestly a massive concern... especially in the crypto space where the shiniest newest thing gets the most attention.
This is what I hope will change - I am hoping to have projects that people feel comfortable committing too.
Ugh don't waste time on the electric vehicles! Lol. The infrastructure isn’t there at all for them! I know petrol is expensive but right now electric cars are foolish for most people to get. Hybrid is a good option where petrol is expensive but I don’t know how much they charge for those where you’re at.
I'll admit I wasn't expecting it to be 500 vouchers. Maybe 100 which I would have been good for but I don't have enough time to hoard my vouchers to 500 lol. So lesson learned I'm now stocking them up for the next card as I'm sure there will be others down the pipeline. Good solid card for those who get it and based on popular stars like this I see them holding some serious value. Not to mention it's actully one heck of a cool looking card!
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I had to buy a lot of them again.
It is a nice looking card! I want one - but am ready not to get it - though I will be disappointed too....
It is somewhat related that I was reading about a Nordic project
https://www.northsealink.com/
I am not sure if you are aware of it. This (and many other projects like this) could be Europe's answer to clean energy while not being dependent of Russia while alternative energy step up.
But again, you must pay to what you wish for. Just like Waka Spiritblade. For a lot of the stakeholders, vouchers are not a cost. Its free. 5000 SPS is nearly free. For me, as an example, it is just 1 day of airdrop. So whether I get it or not is not that important. I will deal with it :)
I remember talk of it about a decade ago, but assumed pie in the sky. Good to see something is happening in these regards though. I wonder how much energy loss happens in 720km of line?
There is not enough to go around so missing out is guaranteed for many or even most, but I still think it will look bad and have negative blowback if bots clean them all up.
Its DC and very advanced, so not much. But I will look up the number. The project is finished and fully operation by the way.
We will see about the bots :)
Nice! Normally these things (like the hyperloop) are all hype... :D
This is what I like to call 'aggressive positioning'. I imagine if that trifecta run does happen, and they all boom. Suddenly, it all makes sense and becomes worth it
and if it goes the other way...
"Boom"
brains on the wall
:D
Nice term. Aggressive positioning.
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This is the truest statement ever. I can drop hundreds a day on splinterlands cards or ape into a new project but i wont spend over 50 bucks for a pair of jeans. Or my car needs to be fixed and it's going to cost 2-3 thousand which is killing me. With that said i spent the same on chaos legion packs last month and didn't blink and eye.
There is something surreal about crypto lives and how it operates.
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There is something very, very wrong with us! :D
Waka Flocka POG! His 2022 tour should be lit this year! Gonna feel good getting out and having good times again
Have you got tickets?
Actually, people who have a plan finds their way to actually become financially free and thus we just have to work on our plan rather than thinking about the end goal.
The Waka card seems too good but again its price makes it unreachable for us.
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I feel like I missed the chance to plan.... now I can only wing it!
I'd love that card!
Yeah I’m getting a little nervous about SL and their feeding the biggest whales so many things like this. No barriers to snapping up all 500 of them in a matter of seconds for these whales besides those meager requirements. I think it’s quite foolish myself. The mid level players are what the game needs to do better at helping make them feel included in this stuff. Not much I can do to change any of that but just voicing the opinion that I think many share at this point. Hoping it doesn’t crush on its own weight of whale ego buying.
I think it’s a good idea to do what we are doing normally and keeping our crypto assets there but untouched from the kiss of the fiat dollars as much as we can. That way the nest egg gets bigger just in that particular scenario if we would need it, we could. My wife and I can afford what we have on what we make and invest a little bit each week in bitty so I’m happy with that. It’s handled better overall than my stock market portfolio has let me tell you lol
Mid-range players are so important for the success of the game as a game - I don't know about the games as an investment mechanism though :)
I wish I had a stock market portfolio to compare! :D
Stocks are annoying in America as they have gamed the rules so much that you're sadly forced into having one. Decreases tax obligations, companies match percentages of contributions etc. I've decreased my contributions and it was funny, my company's stock management software gave me all kinds of warnings and shit that I wasn't going to dump 10% of my salary into the market. I think I had to acknowledge that I wasn't going with the "recommended" investment advice. What a load of shit lol. We have the assets because whats 1% or 2% that they will match and ends up being 2 or 4%? On the same token though I take the other percentage I would have invested in stocks and buy bitcoin instead so I'm still spending a small percentage of my income on retirement funds, just ones of my choosing! I don't tell them that though lol
That card is way out of my league for now but it does look great. I'm relatively new to the game and I probably haven't seen even half of the cards, but so far this one looks the coolest to me.
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It is a beast of a card, but only really worth it for diamond and up.
You are right. There are too many incidentals that get in the way of making this world a better place. It limit our potential and value of what we can give back. Sad but true... unless our livelihood is in giving back.
Working for charity doesn't pay so well from what I hear...
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I think it is because you may think that you are confident to go on your real life even if you lose all your cryptocurrencies.
It could be the same for me as well. Perhaps, I would regret having spent my time for nothing. We were not born in a world where only cryptocurrencies are used; however, who knows it might be like that for the coming gens in the future...
J says the same thing about politics and religion and how "everyone" has been conditioned to "not talk about it" (because it's personal/private or something) and it's entirely possible that along with not talking about finances, things are such an epic mess XD
I guess the major problem is because people are generally egocentric gits, a lot of these discussions come from a place of telling everyone else how your deecision is the only Good and Right and True one and anyone that has done anything different is wrong and stupid and ignorant, rather than from a place of being genuinely curious and interested in how other people arrived where they are
J seems very smart :)
And yes, you are right - I am always correct in what I do, and I think if everyone just did what I say, the world would be much better!
Same thoughts running in my mind. Thanks!
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SPS is really increasing every day. Alot of people are investing on it
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I wonder if this was the best way to collaborate with a 'celebrity', the purchases will come from within the SL community. Most of Waka's followers will probably have never heard of Hive or let alone try to find out how to buy vouchers. Maybe the wax part makes it easier, but still, it will be top holders buying the summoner. Maybe selling out 500 * 2000USD in a couple of minutes will give some press, but in regards to onboarding new people, I doubt this will have a great effect.
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Yeah, I am not sure if it will attract anyone new in, but who knows, perhaps it will encourage some more collaborations from people who command some real attention.
i decided to not go for it, as much as i would like one, and i will use the money to buy a tier 5 chifibots from indiegogo instead.priorities, and the pack seems really full of potential.also, i said that I will get one week profits from staking to send to bank in january 2022, it is not much, couple of thousands dollars, and still did not do it, already february.
Once in, it is hard to take back out - there is too much potential (up and down)
i need to do it now, as I fomo-ed into the new chifibots game after the oneup cartel invested into it, and I got an early packet of packs, bots and all the rest. it was on indiegogo, so i paid with real money.
I love your crypto trifecta dream. It would be an excellent outcome. I am also impressed at your bullishness on SPS. 100,000 more SPS! The amount of faith you gave in this ecosystem is clearly illustrated by you putting your money where your mouth is, or in this case your pen.
Rock on Tarazkp !
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