Splinterlands Sunday!: Potential to Take Some Profits?

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(Edited)

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It has now been a couple of weeks from the release of the Untamed Edition cards and it can definitely be said that it has been a success that Splinterlands and its community can enjoy! The amount of packs already sold demonstrates the interest and growth happening as the community engages actively with each other and welcomes new players every day. The fact that prices of all Editions continue to be healthy is another example of how great the business model has received by the community. I was surprised for the Untamed release to have a healthy market so quickly while not impacting the prices of previous editions.

This has led me to really thinking about my Collection in terms of optimization. While excited about the ability to rent, I have been unable to really grow the earnings from renting out cards as that market is very specific to cards that are frequently used. Extras are not sought out and rarely are rented. My metrics show that a little less than 20% of my offered cards are actually rented. Therefore, my mind has begun to think about how can I optimize the value of my Collection. While future development may change the demand and supply of the rental market, I think that optimizing now can provide an opportunity for future changes.

The opening of over 2,000 Untamed packs has left a number of extra cards sitting in my Collection not being used. While I already created a second account for my Gold Foil cards and it has worked great, I do not have the time to do the same for my extra cards. The amount are also probably not enough for the popular Heron account approach so that may not be an option either. Thus, I am actively inventoring my extras to potentially sell them on the market. I have never sold a card I have acquired despite some interesting opportunities in the past (when I got a Alpha Gold Foil Legendary). I believe that the structure of the economy around the game is attractive for holding them for the longer term.

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Given the fact that I would also like to continue building a powerful Collection for playing the game, I want to start to build a fund of assets to reinvest as opportunities arise. Whether it be accumulating cards that are popular or just DEC, I think the future will bring great things for those who look at the demand and supply side of the Cards available. I have seen how my Reward Edition cards continue to accumulate as well as many in my Collection have been maximized to their highest level. These are being included on the list as I don’t see much other alternatives to do with them as they grow each day.

Some of my extra cards have very low demand at the moment so I am also considering to burn some for DEC. I currently compare their DEC burn value against the bids and asks of the @peakmonsters market to determine which is a better alternative. I am surprised to see many above their burn value but it shows the great opportunity the game has created. One concern I do have though is the potential impact of prices by selling hundreds of cards in some cases. These will probably be the ones that are burned rather than sold. DEC is a great way to reinvest into the game in the future as it provides a great way to bring liquidity into the ecosystem.

I often wonder what others are doing as a strategy although as part of my Collection building over the last couple of months I have met a number of users that are clearer doing a great job in supporting the market by actively engaging in arbitraging supply and demand with price; some, even with automation. I wish I had the time to figure it out as the growing number of players and amount of transactions demonstrate an opportunity without a doubt. I will definitely be keeping notes for a future update!

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6 comments
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I find the rental market tough enough to navigate myself which is a pity as i would have plenty extra cards as well. Not only that but I would probably rent some of the rarer ones too for my collection to compete higher. I think it could do with a few tweaks to make everything clearer for users which would increase it's use. For now I'm clearing out a lot of my extras to try and build a more powerful main deck.
Have fun with whatever way you go from here.

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So much to consider that the first step is tough to make. Given the limited time I have, holding on is also an option as I have seen how prices go up as more are burned over time. Rentals are really tough to guage as not all cards are popular.

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I really like to rent my cards away via Peakmonsters. The return in daily Steem accumulates quickly.

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I love Peakmonsters as well. I am at about $0.27 per day in rentals which is not bad!

Posted using Partiko iOS

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