Rentals Break Records, PeakMonsters Upgrades PKM, dCrops Pays Out
I've picked up several writing gigs recently so I've cooled my posting here while I figure that out. I'm writing about tiny houses and alternative investments. Some interesting stuff but not topics I want to agonize over regularly.
They pay well though and its really all in the interest of building my bags in this bear market. With any luck when the bull market comes, I can be done with working for other people for good :)
Rental Records for Splinterlands
As mentioned in the title, there are three things I wanted to touch on today.
The first is Splinterlands rentals just smashed all time records in number of individual rentals happening at one time.
A couple seasons ago they set a new record right in the middle of the season of 3.4 million. In the last couple days of this past season though, Splinterlands SMASHED that record by getting over 4 million simultaneous rentals.
With DEC still being in the toilet and so many cheap cards hitting the market from rental bots, this didn't do much for the USD value of those rentals. It did, at one point, creep up over $11,000 but that's nothing compared to what it was doing before they started changing ranked rewards.
For me personally, looking back at those greens pikes on the chart from last year make me quite nostalgic. All four of those spikes were over $1000 days for me. I now have 3.5x the amount of cards I had then and I made under $30 this last season end. Ugh.
Peakmonster and PKM
If you still manually rent out your cards like me, you probably use peakmonsters to do it. If so, you've probably noticed a bunch of changes in the last few days which provide you with a lot of extra information and metrics to decide your prices. I welcome this with open arms but I haven't yet built a new strategy around these tools.
Some of these new tools require you to pay a very reasonable monthly membership of $4.50 per month. I will definitely be paying for this.
Most of these features are great. I'm really looking forward to being able to adjust my prices on a rental before the current one ends. Having to cancel the rental and monitor it and keep track of the price I wanted to change it to was very tedious.
Now if the market runs off without me, I'll just be able to adjust it to where I want it and when the current rental ends, it will relist where I want it. That is a HUGE time saver for me and that feature alone is worth $4.50 per month.
This is actually the feature that takes away the last bit of benefit to going to a rental bot. I can now manage my cards better than the bot in half the time it used to take me.
The part that really caught my eye here is what's happening with PKM.
PKM is the PeakMonsters token that if you use to provide liquidity in the PKM:SPS liquidity pool, provides profit share from revenue made at PeakMonsters.
As you can see, the revenue from these membership fees are going to be used to provide rewards for the liquidity pool. This means PKM owners will get 100% of the membership fees in exchange for providing liquidity for the token with SPS. That's pretty dope.
But if you decide to pay in PKM, you get 33% off the monthly membership making it only $3!
Even cooler though, this puts a small amount of buying pressure on PKM AND if you pay with PKM, that whole amount is burned.
I am normally not a fan of tokenomics tricks or burning to create value but when theres an actual service attached and the tokens have been distributed fairly, these systems become very interesting.
So this is generating revenue for the PKM holders, encouraging people to provide liquidity for PKM, giving peakmonsters users more features, putting buying pressure on PKM, and even burning a little. These are the experiments in crypto I can really get behind and I'll be putting some money into picking up some more.
dCrops is paying out
With Beta upon us and so many new game mechanics and ways to earn, I bought 110 packs. None of these are openable yet but thats ok because much of the payout in dCrops comes from how much you own in the game and packs are worth far more than individual cards to the algorithm.
The two main place I see the difference in rewards for having all those packs are in the daily hive payout. I now recieve about .45 hive per day just for having assets. The other place is how many items I get in chests at the end of a season now.
I now get 30 items coming out of these chests.
In beta there are going to be assets to build and to do that we're going to need the right cards as well as materials. The only way to get the materials is through the season reward chests (assuming you complete the missions for that season to unlock them).
These materials are sellable NFT's that are still pretty rare. Even though they can't be used yet, most people who find them in chests are holding on to them for when beta drops.
There are a few common materials (wood and stone) that sell for about 1.5 hive, one rare material (copper) that sells for 3.6 hive, one epic material (iron) that sells for 15 hive , and one legendary material (gold!) that sells for 55 hive.
Here are my rewards for this season:
So in addition to .45 hive per day for 15 days (7 hive) and probably 3500 crop for selling shares (12 hive), I also got a bunch of power ups and 96 hive worth of materials.
That means this season (15 days), my pay out from dCrop is about 115 hive. I have probably 1200 hive into the game. If we annualize that, I'd be making 233% on dCrop.
Of course, I probably got a little lucky here with my draw so I wouldn't expect this every season. Also I don't plan to sell this and prices could go down as more hits the market but still. dCrop is becoming very interesting in both game play and profitability and I really don't think many people are paying attention to it yet.
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Dam you beast you got that gold ore, thats sweet. Im excited for dcrops too. Solid post as usual bro. Rental stuff is cool, i got some good rental value lately too, not sure ill do the pkm pool or subscription though but will see.
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thanks brother. I know I said I wasn't going to sell that gold ore but I just put it up for sale. I figure I'd rather sell than and buy packs so I have some to open and I can sit on the ones I already have. As soon as you open them your rewards tank but I really want to do all the new cool beta stuff. !LOL
Yeah, the rental market has been doing pretty well. ALl it's really missing is dec having more value. It's never going to be what it was a year ago but I'm thinkingthe USD value should triple from here once SPS settles in as the new king bird of rewards.
I wouldn't mind getting back to $100 a day in rentals. I could certainly use it.
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Those were wild days, i remember having 40usd for a few days there. Man, i want more beta packs. Like the reward for liquid hive every day, but also cool stuff coming. The trees, honey n stuff. Just limited on funds. Thanks for the words brother. Lets keep grinding hard this year. Tip bits mostly dry, my bad, got you next time.
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I agree! Thanks
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To put this into perspective, $3 is approximately 3,000 to 4,000 DEC/month ONLY or less than 140 DEC/day. Of course it's up for you to decide if the value that you get from the premium subscription with the renting out features alone are worth at least that much.
Just a heads up, we have more features that we will be including in the premium subscription in the future 😉
Thanks. I'm definitely in. I couldn't run my business without peakmonsters and these features are totally worth it for me. Can't wait to see what new features come next.
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