Will SPS token be the next AXS?? Talk about expectations for the future of Splinterlands

in Splinterlands3 years ago (edited)

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What is Splinterlands

Splinterlands is a card game on the Hive blockchain

Players collect cards and fight against each other. All cards in Splinterlands are NFT assets.

Also added elements such as land auction, card trading, card synthesis, card rental... etc.

There are 7 different types of cards. Players get cards through daily tasks and season rewards.

The cards are used differently in the battle.

Therefore, scarce cards and powerful ones will have greater collection value.

Card are the most important market in Splinterlands.


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What is SPS token

Splintershards (SPS) is a new cryptocurrency governance token which will be integrated into the Splinterlands game in order to provide increasing levels of decision-making ability and control over the product to the player-base, asset owners, and other stakeholders.

The maximum total supply of SPS tokens will not exceed 3,000,000,000 which are planned to be allocated as follows:

SourceTokens% of TotalRelease Schedule
Airdrop400,000,00013.33%Issued over 12 months
Foundation / DAO300,000,00010.00%Issued over 65 months
Private Sale200,000,0006.66%Unlocked over 10 months
Team270,000,0009.00%Unlocked over 65 months
Partners / Advisors30,000,0001.00%Unlocked over 24 months
Play to Earn900,000,00030.00%Issued over 65 months
Staking / LP / Oracle Rewards900,000,00030.00%Issued over 65 months
Total Amount3,000,000,000100%

400 million SPS will be allocated to players.

SPS tokens will be airdropped to asset holders on a daily basis over a 1-year period.

Players’ assets in Splinterlands will affect the rewards they receive, including cards, packs, land, skin and DEC tokens.

You can read more about

https://sps.splinterlands.com/


Why am I optimistic about the future development of the SPS token

SPS3.png

According to the picture below, we can know

Splinterlands users are growing in amazing ways

It took only one month to grow from 30,000 active users to 150,000 active users.

If Splinterlands can maintain the growth rate, they can have millions of active users within one year.

What happens when Splinterlands reach a million users?

Don’t forget AXIE with millions of users.

The price of their governance token AXS is $73 each.

So how much is SPS worth now? Only 0.39 USD.

Let us continue to hold SPS and wait

SPS TO THE MOON

P.S Chaos Legion card pack will begin Pre-sale. Your SPS staked will earn you vouchers on how many packs you can purchase per day. Card packs will cost the initial cost (~$2) and one voucher. This also means that SPS will have a huge growth in the near future.

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We will see how much recognition that @splinterlands continues to receive. The sign ups are holding steady at between 8K-10K.

If the vast percentage of these are players, that could really send things flying.

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I believe it will come soon .Let us wait and see.

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I'm really bullish on SPS too, but need to keep things in perspective. The total number of tokens for AXS is capped at 270,000,000 (only 58 million in circulation currently) whereas SPS has a total cap of 3,000,000,000 (or about 10x as many) with 220 million in circulation now. Just based on the 10x difference in total tokens means it's highly unlikely SPS ever matches AXS price on a per token basis. If SPS were 10% of the price of AXS, that would make their fully diluted market caps nearly identical.

The Chaos Legion presale will be a good indicator of how much demand there is going to be for SPS. I'm expecting SPS to hit at least $1 each by the time the presale starts and everyone is staking their SPS while the liquid availability dries up.