The supply shock of the Chaos Legion release has hit far harder than I expected. Only about 650k packs have been opened so far and prices have plummeted. I was down over 50% on my GF Legendaries. Imagine another 14 million packs being released and assume 7 million are opened in Q1 2022. The game would need to scale up another 10x to keep prices rising.
The economic “mistake” made with the CL launch is that the game grew 10x so the devs figured they should increase cards in circulation by 10x, but all that will do is bring the prices of cards crashing down to what they were originally before this massive growth. The challenge now is ensuring the game continues growing at breakneck speed to increase the demand side of the equation.
Personally, I’ll probably scoop up dirt cheap GF Legendaries after the general sale pushes prices even lower, and I’ll hope that the game continues growing in popularity and we get another run up in prices as cards become more scarce later in 2022. The devs probably should have released only a couple millions packs total for Chaos Legion to maintain the supply/demand curve where it’s at or stagger the release so as not to flood the market… which will happen next month.
Yeah we'll see after the general sale, but I tend to think 15 million packs was way too much. Sure if we had them launch at the peak of the excitement, but because Chaos launched months after Untamed sold out and then the amount of the packs out there and will continue to be out there....I think you are right.
This game need to continue to explode!