A Caution for Praetoria
I have been looking of land resource chart daily for a long time. The time we started keeping the data and making the chart. In fact, I am the one who made the first charts with the help of @beaker007. What I am seeing lately bothers me a bit. So I am just going to put it out there.
Every land owners are reasonably happy lately that the resource prices going up during the time BTC is trending down. Well if you have a need or want for a non-correlated crypto asset, here we have it!!
A rare crypto asset trading at ATH! I do not know why we are not circulating this because this is one of the best marketing we can do regarding our game right now.
Screenshot from gathering the magic's youtube video
The cheapest land plot is currently $46. I remember buying some for $10, and those were common stone plots. Common grain plots were lower. So bottom line, every land resource that you can think of is higher.
So why the Caution?
I don't want to cry the wolf here, but the reason the prices are going is is because there are land cards in the horizon, to be released perhaps under a month. I wrote a post about a week back that explains the details on what is coming. It has the potential for consuming the following amount of resources:
| Resource | Potential Consumption | Total Current Resources in Praetoria | Potential max consumption |
|---|---|---|---|
| Grain | 2.3 B | 9.16 B | 25.11% |
| Wood | 540 M | 828 M | 65.22% |
| Stone | 90 M | 455 M | 19.78% |
| Aura | 95 M | 143 M | 66.43% |
| Iron | 40 M | 117 M | 34.19% |
So, if (and this is a big IF) the land card sale is complete, it will burn through a lot of surplus resources of Praetoria. Burning through 65% of the wood and aura stockpile is a big deal! Not to mention quarter of the grain stash!
But, people and market are forward looking. If you notice the plot above, the strong negative net production (that is more consumption than production) of grain have now disappeared. Meaning, people are already preparing for the upcoming event and producing as much grain as they can. Same for the other resources. So, supply is increasing at a rapid pace, in anticipation of the demand. The demand is not here yet.
So if we falter, or after the sale is over, there will be still a lot of resources. So, I think we need to think about additional sink now. All the land cards will make more resources, and if we don't have items to use those resources for, we will see lower price again, soon!
Ugh, I meant to reply to your reply
I regularly exchange grain into stone that way. I didn't even think about the possibility of exchanging into DEC lol, feeling like an idiot haha.
Are these resource charts you showed in your post publicly up somewhere?
https://land.spl-stats.com/
Don't know if I have been living under a rock but can one sell resources straight to DEC? Haven't seen this option. I have 5 land and 1 keep from the beginning which I use.
I haven't battled for years now but still have all my cards. I used to be in the Shield of Glory guild, maybe you remember😄. Until, I didn't have the excess time to spend for daily battles to earn my keep.
Sure you can! :)
Clearly you have been living under a rock! It is okay to do that for land dwellers!! :)
Go to land in game and then click on Trade Hub.
That makes sense!
I'm hoping there will be other Land cards to follow. I personally would like to see Fire or Dragon Land cards to really benefit my plots, so it does seem like there is some room to grow after this initial batch.
Well either that or the main land 2.0 development where we have to level up buildings, that will consume resources.
For now its just building up hype for the land card... the interesting part will be after they are crafted... resource production goes up due to boosts.
We do not have increase in demand, so back to creating a oversupply.
Still really existed about the new cards. for smaller players like myself it can help boosts your land make it a bit more efficient.
I think land cards are most effective for smaller and mid-sized land holders.
Sounds like I should hold onto my stuff in case it goes up more.
It will go up up more within the next few weeks. But then all bets are off.
With a keep in a tract full of wheat it’s nice to see that grain price (although I will need all my spare grain for the land cards) but we definitely need something to follow close on the heels of the land cards if we don’t want to see the prices collapse quite quickly.
I assume as this is a proof of concept it won’t take much for a second set of cards if these are successful though
Land cards increases the rate of production in general, so they will require sinks on where the production will go. We need that immediately.
ive never been more excited for land. ive just traded for a keep. I'm buying tons of cheap DEC to lock away on land, this stuff is bound to go up 50% later than sooner!!
Maybe I'll even ship a few more collectible assets for a castle. I'm willing to deploy some game assets if thats where all the value is going to flow to. eventually i'll have to choose only a few of my best cards for ranked and tournaments so my biggets PP is stuck on land, oh what a future!
That’s good to hear. You will need to burn a lot of cards for cinder. That is neither transferrable nor purchasable. Have you calculated if you have enough cinder?
I don't even have enough card for land, I am in no position to burn cards for cinder. Either I will obtain land cards through the market, or I will just pretend they do not exist because my harvests are focuses elsewhere.
Cinder doesn't seem like a resource to bother with if you don't have any extra cards to burn and I'm certainly not in the mood to use capital to burn extra cards off the market just to burn them. I will leave that to the arbitrage lords to figure out the optimal prices to buy out the floors of the cheapest cards to burn for Cinder.
I can only imagine the low hanging fruit for CP will be somewhat similar to the low hanging fruit for PP, but the smaller PP cards will be thr first to burn. Goodbye Chaos Legion neutral commons.... nice knowing you gargoya fellas.
If production keeps climbing, we need more utility or the market will dip again.