New Whale on the Block!

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(Edited)

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The Splinterlands team is extremely excited to announce that we have recently powered up approximately 120,000 more STEEM, putting the @steemmonsters account over 1 GigaVest worth of stake in the platform. That makes us officially a whale!

The fact that the vast majority of our revenue comes from outside of the Steem ecosystem allows us to grow and fund our operations while also increasing our stake in the platform rather than extracting value from it. We hope that we can act as an example for other projects on the Steem platform to set up their business models in a similar way.

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Why We Powered Up

While we are all huge supporters of the Steem platform and think it's one of, if not the only undervalued crypto token that exists today, that's not why we powered up. We also did not power up because we wanted to have more voting power or more say in who the witnesses are - those are just added benefits.

Steem Power is a business expense for us. Companies pay for services that they use - they might pay an accounting firm to do their taxes, a cloud computing service to run their servers, or a payment processor to process customer payments.

Well, we use the Steem blockchain to provide a public, distributed ledger which allows us to operate in a more decentralized fashion (among other things). We have to pay for that service, and we do that by simply holding Steem Power. Unlike other services, we don't actually have to spend anything to use it, we just have to invest in it. I don't know of any other services that work like that, but we think it's pretty awesome!

You may note that, at this point in our growth, we really only need about 50 - 60k Steem Power to delegate out to our players and ensure that they can use the blockchain to play. But our goal is to grow the product by at least 10X over the next couple of years. If we're successful, then the ~500k Steem Power we have now may not even be enough!

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Beta Packs Are Running Out!

In addition to needing more Steem Power as the game grows, the currently available set of Beta edition cards will become increasingly harder to get. The Beta edition booster packs went up for sale just about one year ago, and while 900,000 of them sure seemed like a lot at the time, it doesn't so much anymore!

We're planning on publishing a post in the near future with some data on how the Alpha edition cards and packs are performing a year after they sold out to give players an idea of what they might be able to expect from the Beta packs in a year from now.

But overall these cards have held up well, the game is growing, new stuff is getting added, and you're nearing the last opportunity to get any of the cards that can be found in the alpha or the beta packs. Cause once they are gone we're not planning on selling them again!

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Thank you for your continued support!

Splinterlands Contact Info:

Steem Monsters / Splinterlands Blog

Steem Monsters / Splinterlands Website

Steem Monsters / Splinterlands Discord

Steem Monsters / Splinterlands Telegram



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44 comments
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You're not an average whale... you are a MONSTER whale!! 😄 congratulations! And I have no doubt either that next year is going to be a blast for the game. Will sure be around to witness it!

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wow that is crazy !!!

I literally love steemmonsters, you guys seem to make your decision right how they need to be made :D

Keep up the amazing work, y'all are the key to steems' success

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Awesome! So the next round of Booster Packs will not have any of the current Monsters or Summoners??

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That's right, it will be all new cards!

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Sweet!!! This won’t be like the new Pokémon GX cards that totally decimate the old cards stats is it lol?

Posted using Partiko iOS

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Oh I’m just joking with ya brotha! I assume the new cards will get better and hope they do! Just like the original Charizard is still the most valuable card but is way less powerful than the new ones.. That’s just how it is.. I assumed the benefit of using Alpha and Beta would probably be more DEC earned per battle or something, but definitely looking forward to the future of the Splinterlands!!

Posted using Partiko iOS

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We are always working to increase the market value of the cards, so we will be very careful to make sure the new cards are not a replacement for the old cards.

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...and will the old ones never be re-printed? Are you old enough to remember Magic the gathering's Chronicles fiasco?

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So the early players/investors will always have an advantage?

How do you plan on attracting thousands of new players? Renting can only accomodate a few dozen maybe a hundred new players wanting to compete at the top.

Beyond that anybody new coming into the the game will have a disadvantage not having mana 2 summoners, legendary summoners and some amazing cards like cocatrice, elven and lord arianthus.

This is a serious question since I want this game to grow but I just don't get how this can be overcome.

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If we grow enough we can introduce different formats just like MtG, Hearthstone, and others do. So new players can play in a format that only allows the newest sets and players with more cards can play in a format that allows everything (and will likely have larger prizes).

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Would these new formats be for tournaments only or for season play as well?

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Fantastic.
Are there plans to change up the Steem Monsters bid bot to actually provide bidders a profit or break even as before the hardfork?

Posted using Partiko Android

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Congrats guys! Exciting news! Hope more projects can follow your lead.

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To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

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This is a great action and will inspire many to power up..

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The fact that the vast majority of our revenue comes from outside of the Steem ecosystem allows us to grow and fund our operations while also increasing our stake in the platform rather than extracting value from it. We hope that we can act as an example for other projects on the Steem platform to set up their business models in a similar way.

Amen ...

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woot -woot! 3rd set won't have ANY alpha OR beta cards reprinted??? 🤯

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Congrats on becoming the whale. I hope SteemMonsters and Steemit should do more marketing in mainstream outside crypto communities. SteemMonster and Steemit have the power to attract new users than any crypto brands. More advertisements are must outside crypto communities not only targeted marketing but everywhere on net, tv, media, radio where ever possible.

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Welcome new Whale. It's individuals like yourself that really make a huge contribution to the community. Happy Luck Friday The 13th!

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Congratulations Steemmonsters on achieving whale status. Well Deserved!
Can't wait for the new booster packs to become available .
Those Beta packs are selling like hotcakes.

Have an awesome day!

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(Edited)

This post has been included in the latest edition of The Steem News - a compilation of the key news stories on the Steem blockchain.

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Congratulation @steemmonsters for being a Whale. Hopefully that will translate into DEC earnings from SP Delegated, more DEC can be a healthy thing which can motivate more to Delegate.

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thanks for so much love we have grown a lot and the market is bearish imagine with steem at $ 17

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Hi, @steemmonsters!

You just got a 0.5% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

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Congrats! Looking forward to the future of this project as well, we need more games on blockchain tech!

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What are the steem rankings (minnow, whale, dolphin) in terms of megaVests and in terms of Steempower?

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I just started playing today. Very impressed!

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