SPS Review on last AMA.
SPS TOKEN
The CEO hinted that SPS Governance is the next big thing. The team wants to entirely move to SPS to vote on new features, suggestions, in-game changes, etc. This allows the players to have a more direct say in steering the direction of the game and reward them with more control over the game development if they hold SPS tokens. This clearly shows the team is aiming to make SPS more valuable in the coming days!
I really hope that SPS would be a part of the reward pool, as rumoured. Even with my ALT account. Keltv is staking SPS with my DEC earning. It's just been 2 weeks playing my ALT account. I already accumulated. 51SPS. Without buying or investing in my 2nd account. Portion of my DEC earning is converted to SPS.
I also foresee that SPS will be a big part on rewards pool. Like DEC earnings will be based on how many SPS has been staked to your account. That's why I am slowly but surely staking SPS.
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The only question in my mind about SPS is how I can get more at the best price possible!
A few strategies come to mind. 1: watch hive-engine like a hawk for fluctuations in DEC, SPS, Chaos packs, etc. and to snatch them up for cheap when possible as if you notice on your SPS Management page on Splinterlands Airdrop points come from many different options and not just cards. 2: obviously accumulate the best collection of cards you can as that'll obviously give more rewards. 3: rent out cards on peakmonsters and use added DEC to enlarge collection overtime or to just hold DEC as that'll also increase rewards.
Thank you, been doing that with my wife's account. I love your insights <3
Hey cheers, it's a nice summary, and I'm doing all of the above. I get quite a nice drop of almost 700 a day ATM.
But I was thinking more along the lines of timing SPS sells in order to buy back and where the bottom might be.
ATM I'm just settling for selling some into BNB and pooling on Cub - that may sound counter intuitive, but I'm expecting SPS to go lower than it is now, the question is when do I come out of that pool and buy back!
You think it'll go lower than 40 cents? I think it should be over a dollar in the next two weeks but maybe I'm wrong. I guess it depends on how many new people join between now and Chaos release and how much Chaos brings in.
Over $1 would give a fully diluted market cap of over $10 billion, great than Axie Infinity, that would just be silly!
I mean it was at 95 cents in October of last year prior to any of this Chaos release business so why would a dollar after if the player pool doubled over the next few months seem that far off? Axie Infinity isn't anything that great and it's a $500+ starting point just to buy in. If Splinterlands updates bring in say double the current player base over the next year which I think it could than I feel a dollar would easily be achievable.
Possibly, but there's almost no point holding it ATM, it has no real use value.
That of course could change, and probably will!
Utlimately I think value will flow to SPS but I just think it's going to take a while!
For example I'd rather sell SPS and spend on DEC ATM and Chaos Packs, but in the long run DEC has to be sold for SPS I think.
It's just a matter of timing which can be tricky.
Yes, we are on the same boat, bro. Looking to get more at the best price <3
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When will you share your secret? @keltv