Splinterlands has gone through an exciting week, the NFTgame has experienced a huge influx of new players. The hype is real and so is buying pressure on nearly every asset you can hold in the game. If you have not signed up for splinterlands yet get yourself a spellbook using my refferral link and comment your username I will send you 1 SPS as a welcome gift!
The rental market has seen a huge demand for nearly every card with a focus on higher level summoners and legendary and epic monsters. As the demand grew so did the prices on the rental market. One of my best performing cards on rental market is Mylor and as you can see I have a lot of them delegated for free to members of our two guilds under the roof of @acolytesofhelio
source splinterlands.comThese summoners are at a high demand and if you look at the market you can see that sellers can basically pick whatever price they want and there always will be someone feeling the urge to buy.
If you do have the money for this card go get it now as it is the number one game changer in Bronze and Silver leagues.
Mylor renting is huge business right now and if you have a spare one you should consider putting it on the market.
Why?
Because renting out a Mylor brings huge returns! Just check out that my cheapest rental contract runs on over 60% ROA (return on asset) and the highest ROA is at ridiculous 500%
Before you start hating on me why I rent out my Mylors for such horrendous amounts I have to say that I list at the cheapest price suggested by peakmonsters and usually deduct a few DEC from that.
source: peakmonsters.com
So as you can see If I rent my level2 Mylor for a whole year at the end I can buy 5 more Mylors at the same level. Of course for that the price would have to stay at the same level (which it certainly won't... no financial advice dyor!)
And here you see the dillemma of the free market. It is purely just dictated by card owners listing their cards at horrendous prices and players fomoing hard to get a card rented before someone else snatches it. Or look at that lvl 1 Mylor rented out at baffling 334% three mylors in a year if you manage to rent yours out...
So as a newbie to the game with a low budget to rent or buy cards you see these prices and go well I could buy the card straight and could safe a lot of money. 4 Mylors worth of money...
And here is the thing: as soon as people stop renting overpriced cards the market will regulate itself and lower the prices.
So my best advice if you have some money on the side:
- buy instead of renting (no financial advice do your own research bla bla)
- rent out your cards
- buy cards with the returns and rent them out
- repeat
For the players who can not afford to buy just wait until chaos legion rolls out and hope to get some good cards next month.
As long as the demand for cards is this high rental prices will not go down. I am sorry to say. But it makes not much sense to rent a card you can get for 35$ and pay a lot of DEC. So much that after only 4 month of saving 20 DEC a day you could buy a lvl 1 Mylor on your own. (considering that price stays the same which it will not but no financial advice DYOR) if you want to safe money invest in the cards you always rent! Yes cards are expensive right now and I do not know where this ride takes us. But if the Team does good and does not fuck up tremendously we will see a massive influx of new players who are even later to the party. And by that time you will have your Mylor ready to hit the rental market.
But enough of the market talk I wanted to give you a guide to the rental market and thats what I am trying to do now and yes there will be a giveaway. I just have to put some lines in front of it so readers who actually like to read get something from me too.
How to rent out a card
There is more than one way to do this but I will concentrate on the easiest way and that is not in game.
Go visit https://peakmonsters.com/ and log in with your keychain!
Go to your collection and click on bulk view in the top menu select the cards you want to rent out and click on the the icon where you see the blue numbers next to your cart.
Click on rent! Really make sure to click that you don't want to be selling some cards by accident. (It happens sometimes as I read on discord)
You can now set your price manually or let peakmonsters do the calculation for you. By clicking on the LOAD button it will be puled from the freshest rental data available and automatically set the lowest price on rental market. You can see that it does not make sense to rent out cards there is no demand for. You will not get much return on your card.
When you have set your prices click on the confirm button and sign the transaction with your posting key.
On the right side of the bulk view window you will see that your card(s) are processing. You are done. Come back later to see if your cards are rented out already.
Below you can see how I filtered for the cards I want to rent out. Use these filters and you will be faster when renting out in bulk. You can set as many filters as you want to narrow down your selection or just type in the name of the card.
I hope this little how to guide helps you navigate the rental market with greater confidence.
OK BUT WEN GIVEAWAY?
NOW!
First of all lets announce last weeks lucky winner:
This time I thought I do a little extra and chose the one person, whose comment I liked the most. And it is because they engaged with my post and left a thoughtful comment:
congrats to @agentc0re aka @erialos please let me know, to which account I should send your 10 SPS.
NÄXT GIVEAWAY
As always I am a little special when it comes to the to dos for my giveaways but hey I am giving away the monies so we play by my rules :)
WHAT DO YOU HAVE TO DO?
- How many Veras where on the rental market before I listed mine?
- whats your favourite splinter and why?
- follow @dudeontheweb and upvote his newest post!
- IMPORTANT! Leave your SL in game name in the comment
Winner will be announced in 7 days when this post has paid out. I will chose randomly at my own will or I put all the names in a wheel and spin for the winner.
Good luck to all of you!
Consider reading the weakly roundup of @acolytesofhelio we would love to see you as our newest follower. It increases the chance of winning :)
1305
Currently Fire, I like the Living Lava, especially in low mana battles.
Same SL name as Hive name
!BEER
It took me a while to figure out where it lists the number of Veras that were on the market, but then after studying the pic at the bottom is says 1305.
Currently I'm rotating around from Fire, Death, and Water. I really dislike the Life splinter and hate when I have a quest for it.
SL name: @chuckrick
1305 Veras.
My favorite Splinter at the moment is Pyre as im still starting, just a bit more than a week player so far.
my ign is @mirage-mage
1305 Veras "at same level." (Level 1) Does that include Veras that are at different levels?
I love the dragon splinter. Such strong and cool looking cards and summoners.
@squishna
Tnx man good post!
good luck everyone!
IG name: Vispen01
Yeah that was a WHOOPSY day for posting on that second account. I plan on using agentc0re to host all my rental cards so I don't run into issues potentially using them and making them unwanted for renting.
This is the second giveaway I won this week, my luck must be up! Or shits about to hit the fan. ;) I surprising wont a 3Commas contest to guess what ETH would close at on monday. I was within $13 and got a year subscription of their highest tier!
Erialos would be the account to send the SPS to. Thank you very much!
Next up...witness node and api node setup! Things to come!! :D
1305 Veras
Water, because my Valnamore rocks.
done and done
@fire-born
1305 Veras
I have been enjoying Life and Water so far. But I'm still at low level and they seem to have the top summoners in the starter tiers.
@mcgilli Thanks!
Just to add to what you mentioned as for your reasoning on how you choose the winner, I recently just discovered the hive blockchain along with Splinterlands. It's been extremely game-changing for me. I am currently a miner for an altcoin called Cortex. I have an 8GPU 1080ti rig going at it 24/7. The community is small, with little to no interaction and unfortunately, the dev team doesn't interact with us on discord at all. I've run into some smart contract issues using their tools and after a couple of months of no response on my GitHub issues, I've given up.
Insert HIVE and Splinterlands! The community here is great! Involvement from so many different aspects that there seems to be a niche for everyone to be involved in. On top of how witness servers work, pretty much forcing the owners to be involved in the community in order to get the proper votes. I love this idea personally! I am the most active person in cortex discord, there was an AMA and when the developers finally responded to all the questions, and only mine Q's had responses. It made me feel a little....odd, weird..? If that makes sense.
I digress at this point, /end-rant. Hive has a great-looking community and I can't wait to be a part of it.
<3
IGN: @trenloco and 1305 Veras.
As a newb, I´m loving fire with Malric. Rented out a Fineas and together with Living Lava and Serp. Spy have a solid team for bronze.
1,305 Veras before your listing.
IGN: thilo-zoran
Followed dude.
My favorite splinter is definitely earth (assuming that's what the green leaf looking one is :D). Mylor is the man and I really like some of the cards including Swamp Thing, Brownie, Wood Nymph, etc.
1305 veras
My favorite card is creeping ooze(bronze-low silver tier) with this low cost card it can turn the outcome of the batttle because of its decrease speed debuff..
thankyou for the rental insight, it helps a lot, now i'ill start holding my dec and buy what i need.
@yasufuma
1305 Veras (But that's only for the same level right?)
I've been using earth splinter a lot after renting mylor and after reading about ROA of him how can earth not be my favorite one right ;)
My IGN is @sixpsy
1305 veras
Earth splinter cause mylor is op llama is op and you can use kitty as an alt summoner also op
IGN reeenso
1305
Iife splinter
Done
@acekique
1305 Veras
alric
@kursen
a) 1305
B) Water, just because of Alric... 3 Points and an additional magic attack point, that is why.
ingame name:
@jdike
heyoo! there were 1305 veras available at the same lvl.
as im still stuck in bronze III i think i must declare that my fav splinter has to be fire and/or death, because those are the only ones people like to battle with (its very annoying, but i often try to figure out solid decks of other splinters to overmaster those deadly combos, specially in low mana settings - very bad strategy, but it builds my mental strength :D). if i were not obliged to pick those two to win at least some of the games for daily quest (and not become a total wreck :D) i would choose perhaps water to be my top fav splinter. i always liked magic abilities, which dates back to old times of WoW and my frost mage that i used to play a lot with :)
my ing is @dusi
cheers mate!
1305 Veras before listing
Mylor is my favorite. The price shot up alot!! @koition
1305 Veras.
I do enjoy dragon or death splinters so far. Dragon more freedom, and death have some great counterplay summoners.
done and done.
1305 Veras.
My favorite Splinter at the moment is Pyre as I'm new.
my ign is @abszero
IGN: @cgravy
Thanks.
1305 Veras
Favorite splinter is Alric, cause magic kicks ass
IGN @ysf21
1305 Veras!
I like to use Death splinter because i usually combo Nightmare with sneaks, backline enemies doesnt stand a chance! aha
alright i have followed and upvoted on @dudeontheweb
my ign is @macbelieve
1305 Veras
My favourite is death, I know its not the strongest but I love the monster designs
ign: @cash4nudes
View or trade
BEER.Hey @solymi, here is a little bit of
BEERfrom @moonthumb for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.1305!
I love TYRUS PALADIUM because I usually win the battles with that card!^^
1305 Veras.
My favorite Splinter is the death, IGN @shiftrox
Congratulations @solymi! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 17000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP