The inevitable has been reached with General Sloan.
None of this article is financial/investment/legal advice, it contains a strategic valuation analysis of speculative assets that can be subject to market fluctuations. You are suggested to seek out a Registered Investment Advisor (RIA) for all investments and the author is not an RIA. Splinterlands' Terms of Service identifies Splinterlands/Steem Monsters as not being an Investment Company. As defined by the U.S. Code of Federal Regulations, Steem Monsters (the parent company of Splinterlands) and the Decentralized Autonomous Organization (DAO) that was published by Steem Monsters can be argued to rise to the definition of being classified as Financial Institutions in the United States. This is a duty to warn and inform given that the actions to be described regard the valuation of assets and speculation of events to take place.
Gold Foil General Sloan is not a card that the market likes very much. Combine Chaos Legion packs being sold for $1.14 on Hive Engine, it hit lows of $1.07 a few days ago, and the unpopularity of this summoner card, it is not a good stew. The lowest bid is at $2.92 so this is a card that possibly has more room to fall.
If General Sloan keeps falling, what does it say about the prospects for Tarsa and Thaddius Brood? Tarsa has a high bid at $4.805 and Thaddius Brood is at $5.25 for the high bid.
Gold Foil summoners that are unpopular, overprinted, and enjoy no true distinct boosts on land compared to Gold Foil monsters will continue to fall in value. At what price tag is a Gold Foil General Sloan worth having? Does it have to fall below cards that serve more use in battles so that it could be considered valuable enough on land plots?
I think every single Splinterland asset is failing in price right now 😂
!PIZZA
It's been that way for a few months. Some would say "LOAD UP!"... I'm more inclined to be looking at the price of node licenses if I'm a developer to enable people to have more use cases for their assets. Been saying it for a while, we need forks.
$PIZZA slices delivered:
@kuhnchun(5/5) tipped @crootin
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