At the beginning of every month, I keep track of my splinterlands decks' value for my primary and alt account. On March 1st, both decks' total value was $1147 ($876 primary + $271 alt). I noticed over the past week that the value has increased to $1652, which is a 44% increase. It's not crypto crazy price increases, but this is still a fairly chunky price increase, which came as a pleasant surprise.
| Deck | March 1st 2021 | March 25th 2021 | % Change |
|---|---|---|---|
| Main | $ 875.00 | $ 1,227.00 | 40% |
| Alt | $ 271.00 | $ 425.00 | 57% |
| Totals | $ 1,146.00 | $ 1,652.00 | 44% |
What is causing the price increase?
Increase in players
In an official blog post, the splinterlands team had reported an increase in the number of new players signing up to play the game. Since the start of the year, the number of daily active players is constantly hovering around 6k+ players. The number of daily active players has been steadily increasing, as seen in the picture below.
Source: HiveData.Space
DEC Price Increase
Until a few weeks ago, DEC's price was ranging between $0.60 to $0.70 per 1000 DEC. However, now the price of DEC is ranging between $0.75 to $0.90 per 1000 DEC.
Source: CoinGecko
I would attribute this to the numerous fantastic partnerships that the splinterlands team has developed over the past month:
- Cub Finance: DEC Bridge to Binance Smart Chain (BSC) & Farming on Cub Defi!
- Brave Tournaments: Brave and Splinterlands Announce Upcoming BAT Tournaments, Discounts When Using BAT for Land Purchases in Splinterlands, and Limited NFTs
- DYGYCON Partnerships: Splinterlands Partners with UltraRare for DYGYCON
- WAX Integration: Splinterlands <-> WAX Integration Announcement
These are just a highlight of the some of partnerships that the splinterlands team has delivered over the past month. This is not factoring in the changes and other enhancements they are bringing to the player experience.
Increase Market Activity
The splinterlands market has also seen a 36% increase in market activity (USD).
| Markets | March 1st 2021 USD Volume | March 24th USD Volume | % Change |
|---|---|---|---|
| MonsterMarket | $ 749.00 | $ 2,744.00 | 266% |
| Splinterlands | $ 4,290.00 | $ 4,119.00 | -4% |
| PeakMonsters | $ 226.00 | $ 317.00 | 40% |
| CardAuctionz | $ 61.00 | $ 55.00 | -10% |
| Totals | $ 5,326.00 | $ 7,235.00 | 36% |
Source: MonsterMarket
Older Editions Cards Increase in Value
Certain cards from the older editions are starting to increase in value. Using the fantastic splintercards tool (developed by @tehox), you can see that a single BCX card's price discrepancy is rising on the older editions cards.
Alpha
Beta
Promo
Benefiting from the NFT Craze?
This is an unfounded one, but I think maybe splinterlands is starting to benefit from the NFT craze. More and more people are playing crypto games in the hope of getting one of those sweet, sweet NFTs that can be sold for stupid money.
The beauty of splinterlands is that every day you have a chance to unlock new NFTs by completing your daily quests. Some days you get lucky and get the following rewards (1 x legendary, 2x epic and 1 x rare).
Conclusion
What else do you think is causing the price of splinterlands decks to increase? Please comment below.
I recently did a compilation post titled, The New Players Guide to Splinterlands: A Collection of Articles and Guides. This post serves as a summary of articles and guides I have written for new players starting fresh on Splinterlands. If you enjoy reading my Splinterlands content, please follow and support me by signing up to playing Splinterlands through my affiliate link: https://splinterlands.com?ref=mercurial9.
Thank you for reading and hope you have a good rest of the day!
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@tehox I see an amazing tool being showcased here! :P
Great! Happy to be helpful!
Thanks @bafi
Updated to tag @tehox in the post :D
Pretty interesting! I like how they are integrating with other platforms like EOS and WAX opening the game up like that for everyone is going to be huge long-term. I don't feel like people have noticed that there are NFTs that can actually be used for stuff yet. I feel like splinterland might be the community that wakes people up.
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Very good! In my opinion the scarcity of cards since they can never be reprinted and is limited edition, as new players arrive these cards become more rare and valuable.