Play to earn is not dead my splinterland perspective
In the world of blockchain gaming, the concept of play to earn has gained significant attention in recent years. While some argue that the play to earn model is a passing trend, I firmly believe that it is here to stay. Blockchain gaming has revolutionized the traditional gaming system by introducing decentralized ownership, provable scarcity, and transparent economies. Play to earn gaming like splinterland takes this a step further, enabling players to earn cryptocurrency rewards like (DEC, SPS, Voucher, SPT and airdrop opportunities tokens) from playing and earning other tangible assets by actively participating in the game. It's has introduced a new shift that empowers players and challenges the traditional gaming industry, here I share my view why I see splinterland thriving in the blockchain gaming industry although it has been here and building for the past five (5) years the team are none stop at creating and introducing more incentive means of thrilling users to join and play while they earn. If you are thrill already about splinterland game and want to earn rewards for playing setup an account for free here and start playing for fun.
Still building during bear market
Splinterland is a card trading game built on the Hive blockchain, it exemplifies the true potential of play to earn gaming. It offers a vibrant community, strategic gameplay and consistent updates, making it an engaging experience for players. The developers' commitment to innovation and their community driven approach have been instrumental in Splinterlands' success. One of the key reasons why Splinterlands stands out is its ability to thrive even in bear markets. While traditional gaming companies often struggle during economic downturns, Splinterlands leverages the play to earn model and the value of its native tokens (SPS and DEC) to keep the ecosystem active and sustainable. SPS a governance and utility token that grants holders voting power and access to exclusive features and DEC a fungible token used for in game purchases and rewards. The integration of these tokens within the game's economy creates a strong incentive structure for players to participate actively and earn during this bear market which is quite encouraging although we have seen SPS at it all time high during the bull run taking advantage of this bear market and buying more token will be of great advantage for both new and old users.
Other rewards
With SPS Annual Percentage Rate (APR) at 18.43% which allows users to earn additional SPS tokens based on their stake in the ecosystem. This reward mechanism incentivizes players to hold and stake SPS, further strengthening the community and encouraging long term engagement. Such reward structures are a game changer, as they align the interests of players and token holders. This will allow investors to pick more interest in the game if you can't play or compete with other players because of being time conscious buying and staking SPS comes very handy in this bear market holding and earning more SPS reward create incentive value for splinterland game, aside the SPS reward we have what is called license rewards these are in game reward for node validators, Nightmare rewards special rewards for users who hold soulkeep card and finally Land rewards reward given to users who hold surveyed land.
All this and more will thrill users to believe in what splinterland community are building I believe there are tons of features yet to be introduced which will make the game even more exciting for players and investors seeing how things are unfolding in this blockchain gaming the future looks bright for splinterland long term.
If you're seeking an exciting and rewarding gaming experience, Splinterlands is the place to be. It combines the thrill of strategic gameplay with the opportunities for financial gains offered by the play to earn model. By leveraging the native tokens SPS, SPT, Voucher and DEC, players can earn rewards couple with in game cards which can be rented or sold to other players and contribute to the ecosystem, and actively shape the game's future.
Join the Splinterlands communitytoday and embark on a journey that combines fun, competition, and the potential for earning real value tokens and cards.
All Images used for this post are from Splinterlands website and community with some editing from Canva
Play to earn is not dead but undeniable feels like it is dead. Play is equivalent to time invested, and the earnings obtained in the game are deflationary. So, it is a claear signal of a downturn in the economy of the game. No game, no viable tokenomics!
If you take away all the artificial measures impossed to pump the tokenomics of Splinterlands and focus in the pricipal asset that is the game, you realize that the game is dying undeflectively. If there are no human players, there is no fun, entertainment, or reasonable challenge, and these are the main goal of a game.
Well looking at the crypto market entirely we can say there is a lot of downturn in most crypto project, in contrast play to earn is equivalent to our time if it can't compensate our time spent while playing than the earning to play is defeated. In a nutshell over the years splinterland have kept up with building more in game utility which is quite good even in the bear market.
Well lets see how things will unfold during bull run.