Hey All,
So far I have almost all the assets of the game Splinterlands. You name it and I am sure I would be having that game assets. May it be Beta, Chaos Legion packs, skins, land, license node - I have some share in most of the game assets. The only thing that was left is the Tower Defense Packs. Currently, we have the sale of the Tower Defense packs going on and it would cost you somewhere around $8 for a pack and if you use VOUCHER tokens you get a discount of $3 per pack i.e.
if you are buying 100 packs of Tower Defense with VOUCHER tokens. Then you will need to shed 100 VOUCHER tokens and then the pack price becomes $5 per pack and at the same time you also get 10 packs as Bonus for buying in bulk - 100 packs at a time. The more packs you buy the more bonus packs you get.
Rental Income to Leverage for Buying
100 packs of Tower defense is gonna cost me $500, excluding 100 VOUCHER token cost at the moment. This amount is not small and one needs to plan as how they intend to make their purchase/invest into the game. In my case, I am going to leverage my Splinterlands card rental income. Right now, I have all my cards rented out via Splex. and currently its getting more than 10K+ DEC per day. Here is the rental summary for last couple of days::
Last time my Rental income bought me 100 CL packs and I did a post around it as well. Here is the same - Rental Income Bought me 100 Packs of Chaos Legion. My plan with the rental income was to convert the DEC into SPS and stake $SPS. But now considering Tower Defense sale I tend to rethink that whether I should buy more CL packs, convert DEC to SPS or buy the packs of Tower Defense.
So, far I have accumulated close to 350K+ DECs via the rentals and in some more days will be in a good position to buy 100 CL or Tower Defense Packs. But the point is which one should I consider. Or stick to my earlier plan of enhancing my $SPS stake. The recent news around - SPS Governance Proposal - Reallocate SPS from Team Pool to TD Reward Pool got me thinking as well. Where in the post its mention that if the sps.dao passes then there would be some rewards in terms of $SPS paid out to the tower defense pack holders. Not sure what the calculations would be but still a positive point to HOLD on the Tower Defense packs. But then just the $SPS rewards to invest $500 is good or not is the main questions.
At the other end, I could buy $500 worth of $SPS and stake it and get 30%+APR. Currently, I am very bullish on Splintershards (SPS) tokens because of many reasons and the primary one being that its a governance token of the game. Also, SPS has got many use cases from staking rewards to in game purchase of assets are just few examples. As the game grows we would see many more use cases being added and that would lead SPS price to grow exponentially. Considering all these factors along with my GOAL for SPS to stake 200K+ $SPS. I also think that it would be wise to invest the $500 in Splintershards (SPS)
Finally, as I still have some days to decide until I reach rental income mark of 500K+ DECs. I am gonna relook at various aspects of investing into the game. You ought to make the best from your investment. To be honest, I don't wont to rush and regret later thinking that my move was incorrect. Taking calculated risk is fine and the same I intend to do. Right now $SPS is also has taken a bit of beating where its current trading below $0.07 cents... so who knows that I could land up buying $SPS and come a bit closer to my GOAL of 200K+ SPS staked.. lets see what's there for me in near future with the splinterlands rental income.. earlier it got me 100 CL packs and now what is in it for me in near future...
#splinterlands #rentals #cards #sps #riftwatchers #packs #towerdefense
Image Courtesy:: splex, splinterlands