Guild Tokens Explained 2021 Update

in #spt3 years ago (edited)
Authored by @golddeck

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Team Possible issued tokens when steem-engine.com tokens first came out and they were named the GUILD token. Originally Splinterlands was on the Steem block-chain but migrated to the Hive blockchain in the last year. The Committe had a vote that passed in February, 2021 to move the teampossible GUILD tokens from the Steem chain to the Hive chain in order to make them more accessible to more of our players.

Our guild tokens are essentially the total stake in the assets of @teampossible. The assets of @teampossible come through the members of our guild teampossible. We are one of the longest running guilds because we set up well before the actual Splinterland's guilds were created. We have been earning packs, cards, and DEC since beta packs were given out for quests. (see list below (B) of our assets).

Each season we have delegated decks that are played by members of @teampossible and the earnings from these decks are split with the players and the guild itself. Its a great way to help the new players grow their own personal deck and at the same time to give something back to the guild itself. A true win-win!

If you would like to know more about the GUILD tokens or are interested in joining Team Possible and playing team decks, then contact us on Discord at: https://discord.gg/JKAWbFW

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(A) How Do I Determine The % I Own Of Team Possible's Assets?

Step 1. Figure out the number of tokens issued by going to https://hive-engine.com/?p=market&t=GUILD

hive market.jpg

Step 2. Click on the little I to get more information about the token and you will see this screen showing the current supply.

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Step 3. Divide your tokens by the Current Supply
Example: Hive-engine says I currently own 46,535 tokens. 46,535/2,613,000 = 0.0178 or 1.78% of the total assets.

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(B) What Are The Assets Of Team Possible?

Quick list followed by explanations.

  1. Crypto currencies (Hive,Steem, HE, and SE tokens)
  2. Splinterlands Assets held by @teampossible account (cards, packs, lands, title(s))

1. Cryptos

Teampossible currently has accounts with assets on both the Hive and Steem chains. We had a vote that passed in February, 2021 to move the majority of the teampossible assets from the steem chain to the hive chain in order to make them more accessible to more of our players including all of the SE Token. We anticipate to have 0 Steem holdings by next years asset update. We liquidated whatever steem-engine tokens we could find value for and added 76 Liquid STEEM in order buy the appropriate tokens to move the GUILD token from the STEEM chain to the HIVE chain. This was completed 2/28/21.

Current Steem holdings left are:

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https://steemworld.org/@teampossible <-- if you want to see current holding

Our current Hive Chain holdings are as follows:

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https://peakd.com/@teampossible/wallet

  • We do have 1 share of SBI that is getting converted to HIVE SBI

TP HE.png

https://hive-engine.com/?p=balances&a=teampossible

  • Other note we have a voting trail activated on the Hive chain for our guild members and have slow passive growth of some of the tokens above.

2. Splinterland assets

The current Splinterland assets include.
A. Cards
B. Packs & Potions
C. Land & Totems
D. Title(s)
E. In game currencies

You can check the in-game balances of an account here:

https://game-api.splinterlands.com/players/balances?username=teampossible

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A. Cards

All cards can be found in the @teampossible account. You can view the current holdings at https://peakmonsters.com/@teampossible/cards

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B. Packs and Potions

Currently we have:
539 BETA
332 UNTAMED
251 ORB
10 DICE
220 Legendary Potions
218 Alchemy Potions

Below is the historic photo from 2020 showing pack totals then. Notice we have added 220 Untamed, 251 Orbs and 10 DICE since then
TP 2020 PACKS.png

C. Lands and Totems

Currently the Guild owns a tract in one of the teampossible land pools.
As raffle prizes we got these totems:
1 Epic Totem
5 Rare Totem
24 Common Totem

D. Titles

There is an explorer title that goes with the tract.

E. In game currencies

Currently we have 337,315.13 DEC & 8,500 CREDITS

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(C). Airdrops

The GUILD token was setup for 5 yearly airdrops. We have completed 1(in 2020) and have 4 left to go. The way those airdrops are handled is voted on by the teampossible committee. Historically we have given a dividend to those holding the token and also to teampossible guild members for participation.

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(D). Splitting of assets for GUILD tokens

Asset distribution or claims against assets. Currently there is no proposal to distribute the assets being discussed. Any future action for asset distribution will be thoroughly discussed and voted upon by the committee. Currently there are 13 members on the committee, we try to bring new members to the committee yearly to make sure we have a diverse group of thoughts.


Lastly here is last years report of assets so you can see year on year growth https://peakd.com/upfundme/@teampossible/guild-tokens-explained


If you want market transparency to see who is buying and selling you can check out this link
https://hive-engine.rocks/transactions?symbol=GUILD


The Guilds discord server: https://discord.gg/JKAWbFW

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If you have any questions please ask us in the Discord server above, but this is the most clear explanation I've ever seen about our tokens! Great job laying this out @royaleagle!!!

 3 years ago (edited) Reveal Comment
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