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RE: Confidence and Commitment

in PRAETORIA22 days ago

When the interest percentage dropped low enough I stopped staking with the intention of selling the tokens that I was earning. I wasn't going to unstake, but I also wasn't going to stake anything new. Then the price of SPS also tanked and it became pointless to even try to sell it. I'm kind of in limbo right now.

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SPS is speculative. Many of us are involved in this experiment at a deeper level than just profit or loss. So we are putting money in it like you do in a family business. It is not that the family business always makes money, but you are a part owner in the business, so whatever happens you are in it.

That is the way many of us feel about Splinterlands. I certainly do.

I used to feel that way, but I have gotten disillusioned as I have seen things play out. I'm still pretty active in it, but it's just not meeting my expectations. I'm guessing a lot of that has to do with the overall crypto market, but I still feel like they are pricing most people out of the game.

Yes, that is a popular opinion and I do not disagree. Aggy did his best to drive the value to the ground. I like the man, but he doesn't know business. However, that is in the past, and many of us are trying to revive the game from its past mistake.

One thing I will leave you, and see if you disagree. Splinterlands is still alive after 7 years. This is literally the older web 3 game that never stopped and didn't have a scandal (even many famous games on ETH, like Axie had to re-brand). We we are the survivor. That got to have some value and brand name appeal somewhere...

That is a good point. I just wish other people would see it. Then again, HIVE has a lot going for it in general that people seem to overlook. I have a lot of assets on WAX that are worthless with zero chance of ever recovering. At least Splinterlands has that slim chance.