RE: RentMoneys Thoughts On The Purchasable SPS Validator Licenses
You are viewing a single comment's thread:
That future value of SPS is a quandary. But disregarding SPS for a moment, if we even reach Tranche 3, it will peg the price of vouchers to $7.50 each. What will this do to booster pack sales? No one would use a $7.50 voucher to get a free $4 booster pack. So, bonus booster packs for quantity purchases would effectively be eliminated. Unless the price of booster packs goes up also...?
0
0
0.000
Its interesting to think about, once we progress to Tranche 3 we will then have the $4.00 USD bonus boosters pulling down the price of Vouchers while the Validator discount bonus pulls the USD value of Vouchers towards $7.50 USD. I think what happens here is very unpredictable as there is too much to consider. For example, how successful will the sale of Validator Licenses be. If its just the core base purchasing than the $7.50 discount for Vouchers might not have a lasting impact on Voucher prices as most core players will likely have their licenses by Tranche 3/4. On the other hand if we get an influx of new players and they want Validator licenses we would likely see a boom in Voucher Prices and by extension SPS price should also benefit.
Posted Using LeoFinance Beta
Sooner or later, when we see the next Bull market, we will see SPS and validator licenses go through the roof. It will be like Land circa Fall 2021 all over again. High SPS price drives validator sales and validator sales drives up SPS price.
I agree but I base my thoughts on the SPS cost of the license vs the SPS return. If we look at total cost of presale licenses using the numbers in the OP it will total $1910 USD. That same USD amount at $0.12 (current value of SPS) each equals just shy of 16,000 SPS. If the presale + Tranche one and two sell out before rewards start being given for license holders that would leave license holders being dropped 375 SPS per month. That would mean it would take 43 months before we see a profit. That is leaving out the cost of running the node itself. If SPS Price rises before license sales, purchasing them could end up being a great deal but as is I'm not so sure.
Posted Using LeoFinance Beta
I thought about this too and I'm not sure what its going to mean yet for the game but you can't say no one will do it. We just saw people spending $20 on vouchers to buy $4 CL packs in the presale to have a shot at Dr. Blight.
Yep, we're a crazy bunch all right.
This is going to make me wonder whether or not I should save my VOUCHERS to sell later or not. As it is right now, I stake my SPS and I sell my VOUCHERS. I don't think booster packs will go up unless they sell out.
Posted Using LeoFinance Beta
Vouchers will likely see an uptick just before presale launch. Boosters taking any type of meaningful jump upwards in price is unlikely. As you said they would need to sell out on the official Splinterlands market before the secondary market gets hot.
Posted Using LeoFinance Beta