A new reality on the rental market
In our discord chat, my colleague @mypathtofire observed that he couldn't rent out a big part of his cards. This made me think and I went to look for more information...
I believe, there will be a new reality setting in on the rental markets. Check out the video for more details.
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Thank you very much for this report with some common sense explanation of the recent happenings in the SL game!
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im renting for a 5th season already around 1000-1500 dec per day, at the start of the season first 3-4 days all is shit then increasing, its every season.
And you need to use service like splinterrents splex etc or else you will not rent
I'm using peakmonster but rather to rent cards out. I started to rent out only developed cards and summoners lately.
peakmonsterss give like 15-20% roa and splinterrents around 30-35%
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Yeah, well. So the rental market has literally died :D
I think this will drag card prices down, and it will decrease the DEC burned due to rentals.
We're about to find out about the exact ramifications this season I guess.
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Especially for the low level cards, there is no real rental market anymore. I think there will still be for summoners and legendary cards but we will see where this leads :-)
Yap, I have rentals out in a bunch of levels below diamond and they all crashed. Maybe we'll see a correction upwards due to card combining, maybe not.
I checked your cards, you're not into rentals?
https://peakmonsters.com/@achim03/cards
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I created a separate account to manage my rentals. At the moment I rent out only summoners and legendary cards.
🤣
The bots were a problem from the beginning, but they were good for "rolling out" the game... Lately, they are a problem and it's good to see that developers noticed that... Is it good or bad for the game, we will see soon...
The problem with play2earn is that there will always be ways to take the shortcut and earn without investing. It's a permanent fight between game developers and the opportunity seekers. I think these changes were an answer to the opportunity seekers.. until they find then next loophole...
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Rental income is in free fall... Let's see how this develops :-)
Wow, that's crazy information and shows that the players are hungry for the new rewards cards even if they are soulbound in order to max them out.
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It's definitely a turning point in the game. Hopefully we will see a positive evolution from now on.
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I think the bots will rebuild anyway, or there will be new players (bots) who are willing to wait 2 years. In any case, in such a huge market there will be interesting moves. Let's wait and see)
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One loophole was closed and it's just a matter of time until a new one is found :-)
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Great video. I think it is positive on the one hand for the game eco-system, on the other hand I am missing my rental income. lol
I think that a lot of bots owner need to redefine their strategies and they will come back as soon as they find a way to make a profit :-)
yeah, I am sure they are not giving up. !LOL
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A pity, those returns were good for me. We will have to look for fresher pastures.
I think the demand will go more towards developed cards from now on.
I have noticed that the rental market has dropped down a lot and I wonder if it's even worth it to use a rental bot anymore if most of them don't even rent out.
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The situation on the rental market has changed a lot in the past week and we probably all need to reasses how we deal with it.
I'm firmly in the camp that thinks this is a good move for Splinterlands. There is short term pain in terms of rental prices crashing, but lets be honest, the game would die a slow death with the way bots were extracting from the system.
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I share your opinion. There was no other solution to avoid this game exploit. In the long run I believe it will be very positive for the game economy.
Let's look at things this way... If cards become cheaper because the rental income has crashed, I am happy because I'll need more for land. For now, the crash is temporary. This also coincides with the beginning of the season, and there's always a crash of the games played and rental prices at the beginning of the season, but granted, not as high.
I think it's mainly the lvl 1 card market that has crashed because that's what the bots were needing. I think it's rather positive for the economy in general and I don't worry about the price of cards. Since reward cards are now out of print, their supply will simply get smaller every day.
My prediction came true and I think it is one of the unintended consequences. Putting on my pessimistic mindset, I think what will happen next would be passive players starting to sell their cards, because there's no incentive of holding these cards if they aren't able to generate rental income. Then the card prices will drop.
I think that there will be a market for developed cards. Probably there will be a transfer from people selling, then a drop in price and then other people buying these cards cheaply to develop them and rent them out at higher levels.
At first, I thought it was bad news, like too much complication turning people off or something! Assuming you've got it right... thanks for the insight!
I do rent out some cards, but when I scroll through the mass of cheap cards waiting to be picked up on the rental market, I just don't bother trying to offer those ones. On the other hand, now might be a good time to rent some cards to use in my own games...
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I think in some respects this was a good change and it will tilt the balance in favour of human players I believe.