The economic model of Splinterlands

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Splinterlands is currently the game with the largest number of active players on the blockchain. Although the mode of card game has a certain threshold, it still can't stop the enthusiasm of players all over the world. Especially after it released token SPS, the number of players increased greatly.

Real time rankings from dappradar.com
Real time rankings from dappradar.com

According to the data given by the game development team in the latest AMA,Week over week, there were over 3 million new sessions on the Splinterlands site.On track to being more than 10.7M unique users this week.

TOP BLOCKCHAIN GAMES BY USER LAST 24H
TOP BLOCKCHAIN GAMES BY USER LAST 24H

However, despite the excellent game, the price of SPS has not taken off. The last high was caused by the purchase of card bags by pledge. Therefore, I think most people don't pay attention to its value (currently SPS = $0.49). I hope this analysis can help you better understand splinterlands.

Token model

In SPS games, there are three kinds of Tokens: credits (credits), dark energy crystals (DEC) and SPS.

Credits:

It ensures the gold standard of the game. The ratio to usdt is fixed at 10000:1. Every novice player can exchange it into credit worth $10 through paypal or BTC, ETH, BNB, BCH and other ways to buy the right to use the free card package required to start the game.

Acquisition: in the game, credit can only be obtained through the treasure chest reward of daily task or the treasure chest reward of season.

Consumption: consistent with DEC use in the game. Buy cards in the market, rent cards, etc.

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Dark energy crystals (DEC):

It is the core of playing and earning. It can only be obtained by defeating the opponent in the game. At the same time, all functions in the game must be paid through Dec.

Dec acquisition: it is obtained by defeating opponents through games, opening daily task treasure chest, season task treasure chest, etc.

Dec consumption: buy and rent cards in the game, buy game tickets, etc.

You can use Dec and credits equally in the in-game market
You can use Dec and credits equally in the in-game market

SPS:

It is the autonomous token of the game. At present, you can buy the newly issued card package of the game expansion film and the upcoming land. At the same time, it is also the equity pass of the game, which represents the power of game Dao governance.

SPS acquisition: exchange purchase. At present, it supports blockchain purchase including eth, BSC, wax, etc. at the same time, SPS also owns eth side chain hive; Official short: at present, the official is Airdropping SPS to players in the game through a two-year airdrop plan.

SPS consumption: purchase card package, expansion piece and land.

You can extract SPS to multiple primary networks
You can extract SPS to multiple primary networks

Conclusion:

Although the economic model of three tokens looks complex, in fact, only SPS represents the value of the game.

The existence of token credits in the gold standard mode ensures that the starting cost of novice players is maintained at $10, but weakens the value-added ability of Dec to a certain extent. After all, players can buy anything they can buy with DEC by recharging dollars or other currencies.

At the same time, as a card game, rare cards are also the value of the game. The main goal of play to earn is not Dec, but rare cards.

In a recent AMA, the development team pointed out that:After Chaos Legion, land will take the next top priority.

I think such a mature game with a large number of players will usher in a new high in the tide of the meta universe!