Is it too early to give a FAILURE title to Splinterlands?

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Recently many of the dwellers in the crypto sphere started talking about the failure of Splinterlands with some data and analysis. But most of their discussion is lacking the bitter reality of the crypto winter! Their discussions are lacking consideration of this crypto winter. For example, I bought my first SPS token at a price of $0.4 and then at $0.55 but later I sold them at $0.1 to gather some more assets and still I have very few SPS, and every day the amount is increasing for the rewards for playing the game. Besides this deal, I have bought a single BCX DJINN OSHANNUS at the price of $30 bucks which is only around $2.5 bucks now! After all of my devastating deals, my continuous playing and continuous reinvesting and adding some tiny amount in the game has made my total deck almost at the break-even point. That means all of my earnings has been vanished due to my previous worst deals compare to the current market condition. So, why do I have to mention these? To invalidate the claim that Splinterlands is not expanding and the claim no new money is coming into the ecosystem.

Actually, many old players are leaving the space or selling out their cards, and thus the market is going down but the most amazing fact is that the overall economy of the game is still very stable after the previous hyped. For the last 6 months of data that I got from the peakmonsters portal seems almost constant in respective market cap and prices which I will cover later.

If no new players are pouring money into the game, then how the economy is still in stable condition when a bunch of whales is trying to leave space?

The new money is compensating for the crashing market which is very necessary for this running crypto winter. Crypto bear season is the ultimate litmus test for any project that is capable of surviving in the long run!

Though the recent number of active players has decreased since the new rewards mechanism was applied to protect from the bots, the overall numbers are now constant for the last couple of months.

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The following figure shows how the total crypto market cap has crashed since April 2022, it dropped to less than 1 trillion from more than 2 trillion USD of market cap. But there is no such crash in SPS price or in Splinterlands assets except for some abnormalities.

Especially, when the announce come with the replacement of DEC with SPS will make the SPS price into the ground but there was no such occurrence with the SPS price and nowadays it is becoming more strong while the major currencies are struggling and bleeding a lot!

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The onchain hive data also shows the increasing activity n Splinterlands which is a positive sign for the stable operation of the project.

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Why the price is at this bleeding level?

The mostly concern of among the players and new players and even old players is the dumped price of SPS from almost one buck to only $0.07 which is indeed a great disaster but the situation is not worsening more in this bear season with so much inflation occurring to the Splinterlands economy!

It is the time for showing sustainability against the bear market not growing against the whole crypto space! The absorbing inflation is fair enough to be a strong project now. Splinterlands has been successfully overcoming such struggles in the current market situation with the fear of global recession and economic collapse worldwide, even in Great Britain and Europe to the Asian countries!

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Why such fears are spreading the sphere:

The transaction recently falls a little bit more and the number of active players are decreasing for the last couple of months! The battle numbers is also decreased which is not alarming at all as the cards market cap and SPS market cap has not been changed. The sign-ups of the new players are also remaining constant with the number of buying of the spells is also constant.
Most importantly some of the recent announcement has not changed the current market situation at all, though there is a little bit surge in the cards market but the new Riftwatchers creates another inflation in cards and price are plummeting again!

But the situation will not be so long but there is some talking about the burning of CL packs which is not a solution but a bad thing for the new players who must buy packs and letting them buy is the stable way according to my concern.

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Inflation of CARDS vs SPS token

The critical question is the inflation is not stable but increasing in many ways such as

  • New card sets

  • Tower defence

  • New projects

  • Node license

These are the assets which has accumulated a lot of funds from the core cards market and the SPS market cap which is a critical point in recent discussion. It is true that most of the players are reinvesting their Splinterlands assets into these new assets sectors which is critically damaging the core Splinterlands game economy.

But in the long run the situation is going to change as soon as the crypto winter disappers. There should be some compensating steps by the Splinterlands team so that the Splinterlands can sustain the immense prsessure from the crypto winter and from the more assets diversification rather than attracting more new players and more contracts with other sectors and finally more strategic marketting.

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The gaming industry is so big and if a little portion is pulled into the NFT-based blockchain games, then the Splinterlands will be a leading one. But there is some limitation of the different procedures from signing up to wallet security which should be more easier for the new players.**

  • One of the major drawbacks is the mobile app functionality of Splinterlands is very limited which should be revolutionized with the topmost priority.

  • Their marketing strategy is still not up to the mark as I have never seen some ads on many social networking sites in my daily use while I use to search and read crypto-related portals and videos on youtube.

  • And finally, the graphical presentation of the game can be improved for attracting new players.

Thank you for reading my post, what do you think about my thoughts let me know in the comments.
Have a nice day!




And, If you want to be a proud member of the Splinterlands community and enjoy the magical world of hundreds of monsters and strategies for your battle where you will have the opportunities of amazing battles with some extraordinary monsters with amazing abilities which will uplift your online gaming experience to a new level. You can enter into the Splinterverse through this link sign up to join splinterlands

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Thank you so much for your time and attention.
I will catch you at the next.

All the images are prepared by me from the peakmonsters, daapradars, coinmarketcap resources.




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21 comments
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Great post and congrats on getting a decentralized curation vote this past week, keep this kind of posts coming.

Today at 10am EDT @khaleelkazi is hosting the founders of Hero Continent and Avaxtars for our first LeoFinance Roundtable between Dapp founders from different blockchains, we'd love it if you join us on the Leo discord server.

There will be a section of Q&A at the end and we are giving away 500 Leo Tokens to those who tune in!

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Thanks a lot for such a great initiative and great support. I have joined the Leo discord server and try to join the Roundtable with my question.
Thank you.

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One of the major drawbacks is the mobile app functionality of Splinterlands is very limited which should be revolutionized with the topmost priority.

Is it though? Cuz I do everything on mobile

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Thanks for stopping by, Yeah you can, I think you use the browser or the Keychain app for everything but the Splinterlands app is not convenient from many perspectives. And most of the users use mobiles not pcs in most of cases and a mobile-friendly environment can boost up any games.
Even from the browser or Kechain's browser, it is troublesome to select a team conveniently and some operations you can't do through mobile at all. And another point of my saying is from the perspective of the new players who will enter into the sphere, how he could do everything like an expert like you.
There is a huge market share of the android-free mobile gaming industry which is easier and UI is much simpler to spend money on, I think such lackings in UI is a barrier for common and new users to enter the Splinterlands or any Block-chain based games!
!PIZZA

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I'm very confident in the potential that splinterlands has to become a mainstream game in the cardgame scene. Regarding profitability, splinterlands has a strong and sustainable economy where even with assets and currencies worth so little it is possible to make some profit for those who invested.
I believe that anyone who talks about splinterlands "failure" or is used to pyramid projects where you enter makes lots of money and the project dies in months and who pays the bill are the investors who entered at the wrong time, or did not invest and are waiting to receive all for free...
Thanks for sharing.

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Indeed, Splinterlands is surviving throughout this bear market very smoothly and already a couple of years have already passed I am all in all about Splinterlands and hoping for a bright future in the coming years. Meanwhile, a super-adopted game like Axie Infinity has almost died and Super scamming games like Cryptoblade vanished while Splinterlands is still sustaining with the maximum number of active players and a great community. And most importantly only Splinterlands is the only NFT-based game that is still profitable and running with great rewards for the players in such a bear market.
Thanks a lot for the support.
!PIZZA

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It's bear season, everything is ded.

People say Bitcoin is ded.
People say ETH is ded
People say BNB is ded

People also saying Splinterlands is ded.. Welcome to bear season.

(pssst Splinterlands isn't ded)

With that being said, it has a lot going on with so many cards, land, a bunch of currencies, needing potions and vouchers. I was a casual player at one time, and enjoyed buying some cards hoping for good ones, kind of like pull tabs.

But I am just not interested enough to buy vouchers, potions, cards, and various currencies, nor do I want 2nd class cards, so I hold and rent my cards, but am not really interested in buying or opening cards anymore even if at one time it was fun.

I wonder if the team should do some Market Research from the end users of their game to make some decisions from here.

Splinterlands is still a huge success and if people call something a failure during bear season it is usually their disappointment that everything isn't always up. Splinterlands has a great team and I'm sure when the market picks up, so will the interest in the game.

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But I am just not interested enough to buy vouchers, potions, cards, and various currencies, nor do I want 2nd class cards, so I hold and rent my cards, but am not really interested in buying or opening cards anymore even if at one time it was fun.

Even I am at this stage now, bought enough CL packs for ensuring the all summoner airdrops and bought 5/6 Ritwatchers packs with some spare DEC, and bought some GF necessary from RW sets. Just waiting for some good puling from loot chests and renting some of them. I think the renting will give me more than my current playing time as only gather 41 loot chests from Gold league with max silver decks. I am planning to go on full on rent if the crash continues and wait for 2025!

I wonder if the team should do some Market Research from the end users of their game to make some decisions from here.

If new players don’t pour money here, it is difficult to revise the economy to satisfy existing players with such over inflation of assets, just look at the voucher price 😰 How much you buy? And the ROI from Node license is dying for that. Creating utility with only existing community is not possible. And the parallel projects like TDs are destroying the market cap of Splinterlands itself, which is another concern from my side. Let's hope fir the best and sure the bear market will be disappointing for the people of Splinterverse😭.
Splinterlands is still a huge success and if people call something a failure during bear season it is usually their disappointment that everything isn't always up. Splinterlands has a great team and I'm sure when the market picks up, so will the interest in the game.

No question on the success of the game, I think Splintetlands is the only NFT-based Blockchain game that is running smoothly in the play to earn games world. All others have already in trash due to lack of strategy vision and continuous development.
!PIZZA

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I don't understand how it is possible that there is someone who thinks Splinterlands has problems. In my opinion Splinterlands is the best Play To Earn game out there today. Thanks for this post and the charts you shared

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Thanks for stopping by, yes I agree with you that Splinterlands is the best play earn games. But current inflation of cards and some assets like SPS and voucher in this bear market disappointing many people which is not an attractive situation for new players which is needed to move on. Still the most of Splinterlands assests are just diversified among the existing hands which is clear from the market cap trend. Though the strong ability in sustaining the assets price in such bear market is a splashing sign if the bright future. Still there is some critical analysis needed in recently introduced projects where the existing funds is moving and the entry from fresh hands is urgent to tackle the increasing inflation! It's my thought may be I am wrong but discussion is not a good thing🤔

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What you wrote is interesting, however I think it will be a passing moment

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Nice post!

I agree with you that Splinterlands is showing signs of sustainability.

And in the end that is the only thing that matters in P2E games.

Yes, it sucks if people bought at higher prices.

But that's the game we play here!

If you believe that Splinterlands is reaching that point of sustainability here, then by dollar cost averaging at these prices, you can make up for it.

The ball is in your court :)

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Thanks for stopping by.

If you believe that Splinterlands is reaching that point of sustainability here, then by dollar cost averaging at these prices, you can make up for it.

Indeed I believe in Splinterlands as it is rewarding It's players in such a bear season where numerous projects are already in ground. Though it’s tough time for those who have entered during the peak😰. Hope the situation will change un coming years.
!PIZZA

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