Thoughts on SPS Validator nodes and License Presale

in LeoFinance2 years ago (edited)

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Hello fren,

Do you know what’s untop of my mind? Getting 1 of those SPS validator licenses. See, the thing is, it’s happening again, you know those situations when you know a token is a moonshot, deep down you know it but for some reason you still don’t get it, all in the name of playing safe.

I’m facing that exact situation right now, I know the SPS validators is going to be a tremendously huge success, just like Lands were, it still hurts me that I watched lands moon from infancy and still didn’t own one.

During the Lands presale, it was stated that Lands were going to be very scarce assets, hence the potential for their prices to moon were very likely, guess what I saw about Validators, almost exact same words, I’ll link it below.

However, unlike Lands, Validators are much more expensive, lands at the time were ranging from 20$ and above, Validators are ranging from $2k and above. Funny thing is, $20 didn’t seem like something I could afford back at the time, but by the time I could afford it, the prices of Lands had mooned to over $900 during the 2021 Nov-Dec run.

Please tell me, isn’t this the exact thing repeating itself? At the moment I’m thinking $2k is too much, but by the time when I’m able to afford that $2k investment, I’m 100% sure that the price of validators would have mooned. Oh! And I ended up buying a Plot of land for $800.

Can I afford $2k? Yeah, No! I’ve been saving up to take advantage of these type of opportunities, if what happened during Lands presale repeats itself, I’ll be super grateful for making this move and I’ll be able to return my capital, but if it flops which is highly unlikely, that’s some heavy capital in the bin.

Like I said, it is highly unlikely, here’s a snippet from the Validators announcement post.

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We invite you to pick up one or several of these node licenses early as supplies are quite limited and prices will increase as more licenses are sold. If you thought land was scarce at 150,000 plots you will realize that with only 60k node licenses ever available that nodes are essentially the scarcest assset type in the game, and they will be able to earn SPS, vouchers, and potentially other rewards in the future for as long as the game is running.
To read more click here

If you read this post I wrote a while ago,this is a practical scenario totally depicting what I envisioned and the message I was trying to pass, I’m surrounded with opportunities, I’m in a typical investors dilemma, the other day, I explained my ordeal in trying to squeeze out funds to Ape into Polycubs pHBD-USDC pool.

Now I’m being presented with another top notch opportunity, I can feel it in my bones that this will be a moonshot. Now I’ve been powering down some Hive to take advantage of Hives imminent pump, if I deep my hands further into my pockets and it works out well, I’ll be proving what I wrote in this post, otherwise, it will sting like crazy.

But what are the odds? I certainly don’t want to be locked in on Validators when Hive is mooning, neither do I want to be locked in on Hive when Validators are mooning.

If Validators turn out to be like Lands or any of the other super limited assets on Splinterlands in the past, I’ll be able to come to back and drastically increase my initial investment.

One mind is saying I should just continue building a stable coin stash and focus on my 10k goal while I wait for another opportunity, the other mind is saying, No risk no reward, this is how legends are made. Meanwhile my pocket is looking at them both like

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lol laugh at my pain...I’m in the mood for some serious financial breakthrough. I need like $2m to sort out my not so immediate needs, about $10k for my immediate needs and about $2k for my most pressing need. Manifestiiiiiiiiiiing 🧘

What are your thoughts on investing in SPS Validators?

Thanks for reading

Posted Using LeoFinance Beta

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I don't think it will moon like lands. The Splinterlands playerbase is not growing as fast when lands were released.

CL packs and waka sales were also not a big hit. I doubt license will sell-out.

Posted using Splintertalk

Waka sales on wax were not a hit for whatever reason, but they were a hit on Splinterlands, they sold out super fast remember? In my opinion, there was no need for the wax sale.

Player growth aside, there are only going to be 60,000 nodes licenses, bro, I can bet that most maverick players want a piece of this,....I can bet that many existing players want a piece of this, I want a piece of this, thing is, it gives an opportunity of passive income, so the success really depends on the success of Sps in my opinion,

If SPS turns out to be really valuable down the line, then the nodes will be super worth it.

Side note:

Splinterlands has enriched a lot of its players, especially the Mavs, heck even me, but I just wouldn’t sell. But for those who could, this will be a piece of cake to them. 60,000 node licenses is not near enough

Posted Using LeoFinance Beta

Mightbe you are right. (I was wrong about a lot of predictions to be honnest)

60.000 nodes for thousands of dollars a piece is a higher market cap than the SPS market cap at the moment.
I though the CL packs would sell out within hours, but there isn't enough money in the ecosystem.
So I think it will not sell out, mightbe during the pre-sale, but i even doubt that.
I Hope i'm wrong again.

Posted using Splintertalk

15million packs was definitely a stretch, it’s the largest chunk they’ve ever beaten. But this is how the game will grow, they could have sold 2million packs and sold out fast, but the game wouldn’t grow like that. The markets will absorb the numbers and demand will again surpass supply. Most of us are just in a hurry.

I know a friend who invested around $2k and made $50k during the 2021 oct-nov run. He cashed out around 25k, he plans to get a couple of these nodes, he’s just one of the many players that made bank, they will not pass on it I can bet my gold......forget it I don’t have anything to bet on but you get the drift

Posted Using LeoFinance Beta

Moreover, have you seen the what governance can do these days? What if there’s a proposal to burn the remaining packs all of a sudden, do you know the type of rush that will follow?

This is something governance can do, because I’m certain you’re also not the only one feeling the way you are. Def if you’re right, it’s going to spread like wild fire and who knows what the next stunt will be.

That is a great example of the usage of governance. I would like to see a proposal like this! I'm not sure what i would vote tho.

Posted using Splintertalk

I think I'm going to wait until launch to pick one up but I say that because I'm holding plenty of SPS.

The math just makes a lot more sense to me since I expect both sps and vouchers to go up in value if the validators are successful. Of course that only works if you already have the needed SPS and vouchers. I'm fortunate enough to have both right now.

As far as land goes it remains to be seen how scarce it is. Right now a lot of those plots are tied up inside larger units. Once those have the ability to start breaking up into single plots, land could flood the market. We'll see.

This makes me feel like my 5k SPS goal should be reviewed for times 2 or 3, I am bullish on SPS and positive of 5k by the end of air drop but 10k of it or more in my possession would make a lot more sense.

Posted Using LeoFinance Beta

It seems like if the game is successful, SPS will be everything. And it's the one asset they can't continue to dilute. There's 3 billion ever and that's it.

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Thanks for this discourse, I guess I should just focus on accumulating SPS then.

It’ll cost outright 2k$ isshh to get the validator license for me as I don’t have near enough SPS I’ll be needing. Argh I’m angry

Posted Using LeoFinance Beta

I agree to this

Posted Using LeoFinance Beta

The SPS nodes had me wanting to get in, I wanted it, I see a profitable side and rewarding side to it than losses but when I saw the cost of getting a license, it just too much for me to afford. I will seat back on this one while tapping into other sources of the game.

Posted Using LeoFinance Beta

Smart thinking bro. I’m also very sure SPS will do well in the future

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