Researching DAO Proposals can provide a gateway into forecasting future events. This is not a path towards guaranteed profitability. Hence the word "Potentially" is added in the title. I welcome you to treat these fundamentals analysis as another tool like technical analysis. The market prices are determined by supply and demand. Various indicators and fundamentals are approaches to figure out the balance of supply and demand. If you prefer Technical Analysis, you may want to read my article from yesterday.

Learning Pine Script | Tutorials Included

If you are a HIVE user, you must be familiar with @splinterlands and at least some of its associated Tokens. Most of the Monthly Active Users of HIVE showed up thanks to @splinterlands being such an amazing project. Despite being what I consider the best designed blockchain game, $SPS price has not performed all that well.

There could be many reasons s behind this aside from the bear market woes. Projects that are far weaker have performed better than SPS. There are many SPS Tokens released to the market everyday. Fully diluted valuation is more than 6 times the current marketcap. There could be many players cashing out their passive income.

Trading Volume Matters

24 hour trading volume sits at a $67,981. These numbers are not going to look very good when attempting a Binance listing. Without many CEX listings, it could be difficult to bring more funds towards SPS. That is not the main the thing I am going to address today.

Extremely Well Received DAO Proposal

Currently 98.85% of the voters are in favor of @clayboyn's DAO Proposal. These upcoming Proposals can be viewed here through @peakmonsters which is one of the best collections of tools available for players.

This Proposal is likely to pass and it should go into effect on October. It is not 100% guaranteed; but you cannot ignore the possibility. When the new buying volume proposed is 29.4% of the current daily trading volume, we have to reasonably expect DAO to create significant buying pressure.

Land 1.5 update should arrive around the same time which will create more hype for SPS and DEC. There are many users who had lost their faith in the game due to delays. Some of them will come back!

Mavericks Server Has Been Gloriously Exhausting!

Land 1.5 is almost done. I have played around in the test server accessible here. If you are not eligible to login, read the article linked above to get a glimpse. I don't expect a miracle for price. But it is undeniable that fundamentals are being massively improved. You don't have to take my word for it. If you are a Maverick (at least 1000 Booster Packs bought directly from @splinterlands), you can see things for yourself. u

Happy Gaming! Happy Investing!

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