Introducing Splinterlands Credits

in #splinterlands8 months ago

There are two main requests that we get from players when it comes to purchasing in the game:

  1. The ability to purchase cards on the market with USD; and
  2. Being able to purchase multiple things (like booster packs and gold/legendary potions) without having to make multiple PayPal or external crypto payments.

We are excited to report that we plan to allow both of these things through the use of a new in-game currency called "Credits". Credits will be able to be purchased at a rate of 1000 : $1 USD using PayPal or the existing cryptocurrency options in the game, and then they may be used to quickly and easily purchase booster packs, potions, or cards on the market.

This way, if you want to do some market shopping, you can simply purchase the total amount of Credits that you want to spend via one PayPal or crypto transaction, and then go and purchase the individual cards you want on the market. Similarly, if you want to buy booster packs and potions - just buy the total amount of Credits you will need in a single transaction, and then use them to purchase the packs and potions.

This update is currently planned to be released on Monday, March 2nd, at around 12 PM EST.

Credits vs. DEC

Many of you may be wondering why we're adding another currency into the game when we already have DEC which can do all of these things. The reason is that we are unable to sell DEC due to it being a transferrable digital currency. Unlike DEC, Credits are non-transferrable, have no "cash value", and may only be used to purchase certain items within the Splinterlands game.

Credits are merely a convenience token to facilitate the types of transactions described above, very similar to the in-game currencies in the majority of traditional games with which we are all familiar.

Market Purchases

It is important to note that when a buyer purchases cards on the market using Credits, the sellers will still receive DEC as payment, just like when a buyer purchases cards using TRX currently. Also please note that this does not create new DEC. When a market purchase is made using Credits, the Credits will be sent to Splinterlands which will then purchase the cards on the buyer's behalf using DEC from our own account. Again, this is the same way that purchasing currently works on the market using TRX and it will require us to regularly purchase DEC on the market in order to maintain a sufficient balance to facilitate these purchases.

Additionally, TRX will no longer be able to be used to purchase cards on the market directly. Instead, you can use TRX (or a variety of other currencies) to purchase Credits which then can be used on the market. This will alleviate a number of issues that have come up when purchasing cards on the market directly with TRX, such as transactions not going through, market items no longer being available, etc., which have caused a significant customer service burden.

Third Party Pack Sellers & Data Analytics

Third party sites that sell booster packs or starter sets should not be affected by these changes. It is still possible to purchase these items by transferring the appropriate amount of STEEM or SBD to the @steemmonsters account with a valid purchase ID in the memo, just like in the past and no changes have been made to merchant or affiliate payments.

For those doing data analysis of purchases, some changes will likely be necessary to account for the new Credits system. Previously, the sm_purchase_record was used to record all shop purchases on the blockchain.

Going forward sm_purchase_record will be replaced by two new operations. The first one is sm_external_payment which indicates that a payment external to the game has been received by Splinterlands, who then gives the player certain in-game assets in return. Please note that STEEM and SBD are both considered external assets to the game (in addition to the obvious ones like PayPal and other cryptocurrencies), whereas DEC and CREDITS are internal. Initially, external payments may only be used to purchase the Starter Set, and Credits.

The second new operation is sm_purchase, which indicates that a player is purchasing Booster Packs or Potions in the shop using either DEC or CREDITS.

If you are simply looking for the number of Booster Packs a certain account has purchased, the easiest method is to use the following API endpoint:

https://api.steemmonsters.io/players/pack_purchases?username=[account_name]&edition=[edition]

As always, please feel free to contact @yabapmatt on the Splinterlands Discord server if you have any technical questions.

Summoner's Spellbook

Finally, as part of this update the Starter Set will be renamed to the Summoner's Spellbook as we announced here. We want to reiterate that this is only a name change, and everything else regarding how the Starter Set works and what it unlocks will stay exactly the same as it has been for the past ~5 months.

We hope that the name change will alleviate any confusion around the fact that the Starter Set no longer provides any cards in the game, but instead unlocks access to earn rewards, play in tournaments, and to retrieve the Steem account keys.


Stay tuned for more updates from the Splinterlands!

Website | Blog | Discord | Telegram | Shop

NOTE: 100% of the rewards from this post will go to @steem.dao to fund the ongoing development of the Steem blockchain.

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Very cool I like this a lot. Will be nice to be able to put stable money on the site so I can buy cards when they are at the price I want.

Posted using Partiko iOS

I like this (I think)... at least I like that you are cracking into the ability of getting people who aren't crypto users an easier access into the game. But I have a question @yabapmatt before I'm sure I like it.

Lets say I buy 30000 credits for $30... will those credits translate into $30 worth of cards in the market? IE, I want to buy a $10 and $20 card, will those credits buy them? In other words, are the credits tied to USD market price in the market?

Yes, 30000 Credits can be purchased for $30 and will buy $30 worth of cards on the market. It's simply an intermediary token because there are many problems with having people make PayPal purchases directly for cards on the market.

Will it be possible any time in future to buy packs directly (without using PayPal) with credit/debt cards, and not only US dollars but also other fiat currencies like for example euros?

Then this is absolutely awesome! This announcement is more powerful than many realize! Great job Matt!!!

Yes, I agree. We had announced allowing USD purchases on the market a little while back, but of course things always take longer than initially thought. In any case, I don't expect anything major to happen right away, but it is a really important step for growing this game beyond the relatively small crypto community.

I love this! Thanks for all the work!

Great step in the right direction!!! Will also potentially help with native app purchases etc. looking forward, which is where we need to get to =D

Regarding new player entry -
One suggestion I would say to consider adding to the "Summoners Spellbook" is to add a single Untamed (or current expansion) pack. It feels bad to spend $10 on essentially an anti-spam account fee, and opening packs are addictive - could end up selling a lot more packs for you guys in the long run. Another potential idea would be to sell a "Deluxe Spellbook" with 5 boosters added ( or a few essence orbs/combination of each ) for $25...

TLDR; People like deals, and people don't like buying "nothing" =)

Is this going to drive the price of cards up on the market?

It should.

How will the Credits work when I want to purchase packs with it? Do I have to pay 2000 Credits per Pack or are those credits used to buy DEC and than whatever the DEC price is this will be used to purchase the Packs.
I'm just saying right now 1 Pack costs me 2000 DEC or about 1$ compared to spending 2000 Credits aka 2$???

Nothing is really changing with regard to buying packs. Packs will cost 2000 Credits, which can be purchased in the game for $2 using PayPal or various other cryptocurrencies. You may still also purchase packs with 2000 DEC, and we encourage people to take advantage of the arbitrage opportunity that is currently available on the DEC markets.

Are you planning to allow buying DEC with Credits?:)

No, we cant as that is the same thing as us selling DEC. If you're looking to buy DEC with USD, you will have to first purchase another crypto with USD via an existing fiat gateway and then buy DEC with that on one of the exchanges.

Thanks for the answer :)

Will this help dec go up?

Nice update splinterlands teams.

Great development. Exactly what the game needed!

I am no convinced about the utility of this update. I hope the usage of the credits in the coming days will prove me wrong.
Peace

Nice update, this should help with onboarding non crypto gamers.

I need to congrats you @yabapmatt for another great improvement on @splinterlands.

Cheers!

awesome changes! I am happy 🤗

Posted using Partiko Android

Happy about introducing another method to facilitate the purchase of ingame items and cards but this will further impact the price of DEC, the potions and skins are a very useful sink to take DEC off the market. This new credits will decrease the demand for DEC since now you can simply buy the items with your pay pal instead of going to the DEC market.

DEC price will go further down if you do not purchase back from the market the DEC that is not being spent in the place of credits. I know only applies to the items but It is still one of the few things that makes people buy DEC nowadays.

Ok, I'm definitely screwed.. all my savings going into credits.. 💸💸💸

Great innovations (maybe less about the PayPal system, and more about crypto and TRX new solved method)

was translated into Russian for the Steem:
https://steempeak.com/splinterlands-ru/@splinterlands-ru/novosti-splinterlands-prezentaciya-kreditov-credits

GOLOS
https://golos.id/steemmonsters/@id-splinterlands/ru-novosti-splinterlands-prezentacziya-kreditov-credits

and shared to the twitter too:

Good work team..

I translated this post into German.