The Rental Market is skyrocketing in popularity and profitability:
The Splinterlands rental market is seeing more action than ever after its debut last month. Tens of thousands of individual cards in over 600 unique types, in regular and gold foil, and in every conceivable level are listed for rent. Prices vary widely, with many cards going for significantly less than $0.01 per day.
Number of contracts swelled to six digits almost immediately
The rental market has been fantastic news for new and price-conscious players, who have been renting more and more of these available cards over the last month and a half. Before it was even 30 days old, the market already boasted over 100,000 active rentals earlier this month. As of today, there are more than 290,000 active rentals through the market, with no particular signs of slowing down.
Card owners' revenue also rocketing
In case you worried that the accessible prices make the renting business unprofitable for cardholders, you'll be happy to hear that those renting out their Splinterlands cards are currently making a combined $20,000+ every day, up 40% in the last two days alone.
Although the rental market is giving every indication of continued growth, the current $20,000+ in earning today annualizes to over seven and a half million dollars, meaning that Splinterlands asset owners are set to make a combined $7,500,000+ per year, without any additional growth in the Rental Market.
Check it out for yourself:
If you haven't yet joined in the fun, feel free to stop by and take a look at the rental market. You might just find the perfect card to round out your deck, at a fraction of its secondary market value:
https://splinterlands.com/?p=market&tab=rentals
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Rewards for this post are burned.🔥
Splinterlands is a good one,
I just made a Youtube video about $SPS airdrops today. We get a lot of questions about $SPS in the #YieldGuildGames Discord. I will share this post there 💲💹🔥
#nft #pay2earn #Blockchain #gaming
Awesome!Thanks!
Wow. that figure is craaazy. haha
Really awesome! Sure this is only to increase <3
Splinterlands is so massive already and I hope it keeps on growing :D
Every indication is that it will! It's so exciting!
This seems like a great way to earn when not actively playing the game.
Keep on growing my lovelies.
Ilike this game ☺️
Amazing market. I love it
Splinterlands community keep growing everyday! Congrartulations!
I am also renting out a few cards, giving me 79 DEC for this week from Monday to today, not much, but something!! The earnings on staked SPS is great though, for me around $3.00 a day for doing nothing!! (In South Africa it translate to 3 full loafs of bread - you can feed a few people with that!!)
I love it!!
This is fantastic! I love hearing these stories!!
I love renting my cards, so I don't need to sell them, and I rent cards from other players too.
Glad the Splinterlands rental market was debuted. It made it easy for some of us newbies to advance at a minimal cost.
With DEC prices up, renting is awesome for me right now 😄
This is so sick, we really do live in the future :)