Every single rubric we could possibly use to evaluate Splinterlands' success is exploding off the charts.
Daily new user sign-ups have 10x'ed in just the last month, going from 500 registrations at the beginning of July to over 5,000 registrations every day as we head into August. It took over three years for us to reach our first 100,000 users, and in the last month and a half we have seen this number double, breaking through the 200,000 benchmark today.
We've had more Spellbook purchases in the first day of August than we did in the entire month of June. This one-day sales number is nearly identical to the combined Spellbook purchases of November, December, January and February, just to add context. Mirroring the new user sign-ups, it took us from May 2018 until mid June this year to get to 25,000 total Spellbooks purchased, and we just broke through 50,000 spellbooks purchased today.
Land prices are rocketing up as well, with plots that originally sold for $10 to $20 now selling for over $180. With the release of land still to come, we are excited to see how the markets unfold going forward.
Our new Guild system is up and running, and we now have 380 registered Guilds, including 25 different languages and a plethora of skill levels. Brawls, too, are underway and making waves, with a second version set to be released soon.
All this growth is excellent news for longstanding members of the Splinterlands community, as the value of assets is rising with the tide. The total market cap of all of the cards that Splinterlands players own has been exponentially growing as of late, and currently sits at $111,793,824:
What does this all mean for Splinterlands card holders? It means that players are seeing significant appreciation of the secondary market value of their cards. This is easy to see via gold foil legendary cards and super rare promo cards where prices for the most expensive cards are becoming astronomical:
However, it holds just as true via the standard foil common cards, where the value has increased dramatically as well. Gone are the days when you can pick up low level cards for under ten cents. The cheapest five cards currently on the market (Wave Runner, Warrior of Peace, Marrow's Ghost, Magma Troll and Kobald Bruiser), have all more than doubled in market value in the the last 4 weeks. This has led to nearly $150,000 worth of increased value this past month for the players who have held just these five cheapest cards.
With no packs currently for sale from Splinterlands and the price of cards on the secondary market dramatically increasing, new players might wonder how they can join in the action without breaking the bank.
Fortunately, the rental market is growing right along with everything else. As of today, there are over 135,000 active rentals taking place through this market. This is the epitome of a win-win-win situation:
New players have access to over 700 unique card types at a fraction of their market value, which enables cost-conscious community members to play without heavy up-front costs. They get the experience of playing with a larger variety of cards, and many players have already reported that they can easily make more by playing than it costs to rent the cards.
Card owners receive passive income for assets they already own (card holders are currently making over $5,000 per day, which would mean more than $2,000,000 per year, assuming no additional growth) in a trustless and user-friendly rental market.
The entire Splinterlands eco-system receives the boon of a surge of new players, which means more opponents available to play at any given time and in every skill level.
If all of this wasn't exciting enough, the release of the Splintershards (SPS) token has caught everybody off guard with its incredible and immediate success. Airdrops have already begun, and Splinterlands asset owners will be receiving 400,000,000 SPS tokens over the next year, worth more than $105,200,000 at their current market value. SPS is currently traded on a few different markets, with more options on the horizon.
Splintershards staking also started today, enabling token holders to stake their SPS and thus earn more. Staking will also grant access to certain Splinterlands features and activities, and will allow participants to take part in the decision making for the game.
Lastly, while the amount remains undisclosed, early access to Chaos Legion pack purchasing will require having staked SPS. So, if you'd like to get your hands on these new cards first then you need to have your SPS staked!
All in all, this is a very exciting time to be part of the Splinterlands community, and we hope that you are as happy to be here as we are to have you. Can't wait to see what comes next.
Rewards for this post are burned.🔥