ALPHA as a Speculative Investment?

in #alpha2 years ago

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Okay, so I’ve never played Steem Monsters aka Splinterlands. Likely won’t start any time soon. Don’t really grok it.

But, damn, is it popular. From what I’ve read, quite addictive too.

As the Steemverse expands, the real possibility of mass onboarding suggests that many more people might be playing it in the future and wanting cards/decks to play or lease.

At one time I considered buying some of the Steem-Engine DEC tokens purely as a speculation on the game’s popularity. But there are millions of Dark Energy Crystal tokens in circulation and a theoretical cap of a trillion of them.

On the other hand, there’s a maximum of 300,000 Steem Monsters Alpha Pack tokens with just over 12,000 in circulation.

“Each ALPHA token represents one, unopened Steem Monsters Alpha Edition booster pack.”

Hmmmm.... maybe that makes ALPHA a buy-and-hold token rather than one to trade? The only downside I see is a fairly wide bid/ask gap.

Am I missing something, or do ALPHA tokens have a shot at being a strong long-term speculative investment?

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I have personally invested a lot in the Alpha edition, I opened all the packs and play the game daily. In my opinion there is definitely a strong long term speculative investment in these packs, ofc depending on the amount of players that play the game. It is a really good place atm, the whole system works nicely together (playing for dec, buying cards with dec, upgrading guilds with dec, etc) and the team comes up with more and more incredible stuff each time. Even more important it is surviving the alt coin bear market and cards are going up in value, beta packs are selling faster and faster by the day. Than these Alpha packs will be even worth more, plus if you open up the packs you are more than likely getting your investment back, so not a bad move I would say.

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I'm just getting into Steem monsters a week or so ago. so I am not well educated on what the future will hold. But Yes. it is an addictive game and I would assume as the popularity of Steem grows so will the game.

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Steem sucks Splinterlands rocks

 2 years ago Reveal Comment