🔥🔥SPT Burn Post Week TEN + SPT TALK

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(Edited)

Last Weeks Total SPT Burned


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This Weeks Burn



Welcome to our tenth week of the ongoing SPT burn. Last weeks topic generated a total of 1,842 SPT. This means the curators shared 921* SPT. The remaining SPT *921 will be sent to be burned. We will continue with the *weekly burn topic for as long as SPT stake holders show support for the initiative. Total SPT burned before we started this initiative was just 4,303 SPT.

I initially decided to send the burn tokens to @null but then it hit me that using the burn tokens to advertise this post via the Promotion option would be a better way to burn the SPT tokens. Burning them this way will give more exposure to our weekly topic.

SPT stake holders and content creators may not like seeing the weekly burn post at the top of the promotion page every week so I might alternate between sending directly to @null and using the Promote option as a burn mechanism. For now we will keep using the promotion burn method and play it by ear. If SPT stake holders want me to stop burning via Promote option, I will. Sound off with your opinions in the comment section.

SPT PRICE ON THE RISE



That's right monster maniacs, its begun. SPT price has seen some significant increases in USD value over the past month. Could this be the start of its "mooning" phase or is it a one off event? My take is we are looking at the new "normal" price ranges for SPT.

As many know there's a Splinterlands airdrop going to happen any day and holding SPT is one of many ways to be included in this airdrop. The airdrop is very likely the reason for the sudden price hike for the SPT token. Click on this highlighted area to learn more about the airdrop. The great thing about this airdrop is it isn't a "one and done" claim. Instead the Splinterlands airdrop will last for 12 months.

That means 12 months of use case for the SPT token. I expect to see another price hike for SPT once the airdrop starts. My best guess is the more valuable the governance tokens are the more valuable the assets needed to receive the airdrop will be. A screenshot of the most recent buy/sell markers for SPT can be seen below (Taken from Hive-Engine).

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Original Burn Topic Post Below


Recently we went over SPT and some ways we can make the SPT token more valuable. We had allot of great suggestions that fell under the below categories,

(1) In game use cases
(2) Use cases token holders could implement
(3) Burn suggestion

To read these suggestions in detail Click --> SPT & Use Cases!.

Only the devs can give SPT an in game use case. All we can do as a group of Splintertalk (SPT) users is keep suggesting that they do so. Hopefully if enough SPT holders consistantly speak up we might get one sooner rather than later. Until that day comes there's still the two other options listed above in which us Token holders can help implement.

Before we go over what this post is intended for I'm going to give a short description of both SPT and Splinterlands. Feel free to skip past it if this isn't your first SPT rodeo.

What Is SplinterTalk?

Splintertalk is the social platform that was BUILT for Splinterlands players. For sharing Splinterlands content, you can earn rewards in the form of SPT tokens on the Splintertalk site! SPT tokens can be traded or staked to increase Splintertalk Power, which allows you to reward the content of others!

What Is Splinterlands?

Splinterlands is a digital card game created by @aggroed and @yabapmatt. Tournaments in which giveaway prizes that have monetary value are being played daily. You can start playing or investing in Splinterlands today by clicking here.

Lets Burn Some SPT Tokens (Weekly Burn)


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This post is going to focus on suggestion (3) Burn suggestion. If you read the topic SPT & Use Cases! you will notice in the comment section that the idea of a SPT burn post sprung to mind. Well friends this is that post.

All the liquid SPT tokens this post generates will get burned. How do I intend on burning these SPT tokens? I will send all the liquid SPT tokens to @null.

What Do You Mean By Liquid SPT?

Liquid SPT is the authors share of the earned SPT rewards a post generates. This means you as curators will still earn your share of curation rewards when you upvote. I as the author of this topic will send my share (the Authors share) of SPT earnings this post generates to be burned.

I'm not sure how well received this plan will be but if SPT holders show interest via upvoting/commenting I will make this a *weekly burn post. Currently out of the total supply of SPT tokens given out to date just 0.01% have been sent to be burned. I hope to dramatically increase that percentage.


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SPT Burned To Date

WeekBURNED SPT
One694
Two802
Three1,367
Four1,603
Five799
Six886
Seven472
Eight3,436
Nine921
Total SPT BURNED10,980



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15 comments
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Notice:

SPT will be sent to be burned within 24 hours.

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Only the devs can give SPT an in game use case. All we can do as a group of Splintertalk (SPT) users is keep suggesting that they do so.

Ah my friend, you forget the power of the DAO. Once Splintershards are released, we can propose and vote on a "requirement" that the devs develop an in game sink, such as Guild Casinos.

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(Edited)

Very true, I'm very curious as to what the price of these Splintershards end up being. I suspect the whales of Splinterlands/HIVE would want as much as they can get their hands on so they have more say in the direction the game is headed.

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I agree. I think they will continue to be a hot commodity for the next year. But if there is not a use case/sink for them at the end of that time, they will plummet.

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I stacked SPT because i couldnt believe a Splinterland related token could sell for such a discount at .0008 and less. I bought my stack before they even announced an airdrop. I have total faith that everybody on the 1st page of the SPT Rich List is going to ascend from rags to riches, Splinter Talk needs more promotion, as many Splinterland fans as their are the potential for splinter talk to blow up is definitely their. The Hive Blockchain is only over 1 year old, Hive is on fire, so Splintertalk.io has to be fairly new still, I also don't play Splinterlands or have any intention of getting obsessed with one more Blockchain Hobby, NFT's from the #NFTShowroom have became as much of an investment as my LeoDex tokens, I would need a 2nd job if I started playing Splinterlands! I wish spt holders would unify and only go to market for no less than.01 Hive! I am geeked and clueless what my spt is going to yield in SPS, the dynamic of getting a potential hot token airdropped daily and SPT going to the moon past mars. Thanks for posting and bringing more attention to SPT. SPT has outperformed almost every major token on the Hive Blockchain, my Leo Investments got smashed while this curious little token has been green ever since the bitcoin appocalypse, its not too late to go from rags to riches, SPT is selling for .002 as high as .004 a token, That is 1,000 SPT for anywhere between 2-4 Hive!!! Lets all of us manifest SPT selling for.50 a token on LeoDex through unifying our conscious thought on SPT's success!

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Splinterlands can be time consuming and building a deck cost more now then it ever has. The good news is a new card set is on its way so new and likely less costly cards will soon be available for everyone. I been trying to push to 1 Million SPT but with the price hike it will take a little longer then expected. Even at todays price I still think its a steal. One in game use case and SPT has potential to explode in value.

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