SPS Validator Sale Overview

in LeoFinance4 months ago (edited)

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This opinion post is best viewed from LeoFinance

SPS Validator License sale is underway and currently in Tranche One. The presale of 2000 Validator Node Licenses sold out in 10 Minutes. Currently we have just over 2600 Validator Licenses left for sale in Tranche One and if you want to purchase one it will cost you $3,000 USD worth of SPS. This cost can be offset by using Vouchers. The discounted amount each Voucher gives is dependent on what Tranche we purchase the SPS License. For example in Tranche One we will get a $3.00 USD discount for each Voucher we use when purchasing Licenses (Up to 50% off listed prices). That means if you have enough Vouchers the amount of SPS (in USD worth) needed for a License in Tranche One would be $1,500 USD.

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SPS Validator License Information

SPS Foundation started the License sale on Wednesday, May 25th (Check out the Node Shop page)
    None of the sales is going to the Splinterlands company
    80% of the SPS is going to be burned, 20% goes to the SPS DAO
Licenses will be NFTs so they can be transferred like all other assets
    Will be included in the non-card market when released as well
Will be able to hold multiple licenses under one account and link that account to the licenses
    That way you won't need one account per license
Goal with SPS Validators is to have all assets (DEC, cards, land, etc..) to be mixed into the validator system
Outside interest has expressed they'd like to invest $1M+ in Node Validators
    The presale is geared mainly for current players who already own SPS + Vouchers
Presale will only allow 1 license to be purchased per transaction
    Tranches will allow as many licenses to be bought in one transaction

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Source: 1 & 2

Validator Node Wallpaper

Purchase Vouchers Or SPS

Presale cost of purchasing a Validator License was $1000 USD worth of SPS and 500 Vouchers. While Vouchers are not needed for purchase going forward as noted above they do give a decent discount. Currently Vouchers are selling for under $1.20 USD. With Tranche one giving $3.00 USD discounts for each Voucher used at point of License purchase its a no brainer to first purchase the needed Vouchers at a price that is well below 50% of the $3.00 USD Value Splinterlands accepts them at.

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Where To Purchase

The Validator License can be purchased on the Splinterlands official site. To get to the correct section one only needs to log in and click the SHOP icon located at the top corner of your screen. Next you will need to click the NODE icon that will be displayed at the top of the new page you will be brought to after clicking Shop. That's it, you are now in the SPS Node Licenses Sale section which will display a user friendly interface in which you can purchase Licenses. Click anywhere on this highlighted area to be brought to Splinterlands official site. For those who might be new to Play2Earn games or HIVE; Splinterlands is a blockchain game built on the Hive Network. The game itself utilizes NFT's for game play. These NFT's can be won in battle and/or purchased from the official Splinterlands marketplace or many other secondary markets. Game play rewards players with currency and in game assets.

Town Hall (05/23/2022)

Timestamps:

  • 01:00 - General Intro
  • 02:40 - Yabapmatt Update (SPS Validators)
  • 33:55 - Hardpoint Update (Development Updates)
  • 44:35 - Chatter Update (Marketing Updates)
  • 47:05 - Nateaguila Update (Creative Team)
  • 55:55 - WafflesKitty Update (DYGYCON 9)
  • 59:15 - Orillion Intro/Update (Developer Lead - Validator Team)
  • 1:08:00 - EatherFeast Intro/Update (Developer - Validator Team)
  • 1:14:25 - Wolf Intro/Update (Developer - Validator Team)
  • 1:29:10 - r0nd0n (Splinterlands TV)
  • 1:35:25 - Q&A
  • 2:12:05 - Closing Remarks

Click The Below Link To

Watch A Splinterlands Battle

https://splinterlands.com?p=battle&id=d357a771c40fe8d5d7e3fe18b8c6ecd0c6b337b8&ref=rentmoney

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thanks for this information, I understand that therefore the pre-sale phase has already been completed and we are already in the phase of the first tranches. In a short time the purchase price has risen a lot. The difference between the pre-sale and the first phase was remarkable

That is correct. On the plus side if SPS price increases it would be possible Tranche license purchasers get a better deal in terms of SPS spent then the presale purchasers got.

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I seem the nodes on hive-engine. They about $2,200 now. I'm thinking of getting some vouchers at $1.20 they could be worth buying !

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC - 15 SBT tokens to @rentmoney

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The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)

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$2,200 is decent profit considering those nodes were likely purchased for $1600* ($1000 + $600 500 Vouchers).

!PIZZA

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Good info. Even though I cannot afford a license and just accumulating SPS, it's good to keep up with what's happening.

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Hopefully SPS moons causing the price of licenses to drop in total SPS needed to purchase a license. This would make attaining one less costly for those who held/already own SPS.

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That's a good point.

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This is what I hope for :) While doing that the SPS is in the LPs making some extra... hopefully

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Wow that kind of arbitrage opportunity is rare in crypto. Buy $3 for $1.20. I suppose it exists because people are unsure of SPS Validator License value 🤔
Thanks for info. We love your info posts
!LUV
Almost as much as your giveaway posts 😉
!gif wink

I'm a little surprised at the difference but Splinterlands does the same for DEC. Always accepts at $1/1000 regardless if the USD price of DEC dips below $1/1000.

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Im no where near badass enough to be a validator. Youre a boss though Rent.

!PIZZA
!LOL

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I haven't purchased one yet either.

I missed the presale and now am thinking about my options.

!PIZZA
!LOLZ

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They'd crack each other up.

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How often should you tell chemistry jokes?
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Vouchers rewards are really great.
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!CTP

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The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)

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Well I missed the presale for few hours but later grabbed one on the Tranche. Lets see how things turn out in the coming days!

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I missed the presale as well.

Currently undecided on what to do.

Are you currently getting any rewards for your Node Purchase? Ex. Did the Voucher pool for them start or are you getting any SPS dropped yet?

Nothing yet. This is just the phase of getting the V.node. Q4 of 2022 is where it should get started as far as the team announcement. But it is yet to be seen. Like I said, just considering it a long term investment!

Thanks for sharing! - @alokkumar121

Node sale was really so fast