Plants vs Undead investment analysis for new and existing players considering the radical change of LE 500 -> 1 $PVU + 10% weekly (Part 1 of 2)

By AyrtonDaSilva | DS NFT | 23 Sep 2021


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Today the developers of the game Plants vs Undead (PVU) decided to do yet again a radical change to $PVU farming, despite FUD present on the player base after a series of economic measures product of the Incompetence (Words used by the developers themselves) handling the economy of the game. This made the $PVU token touch 2,69 USD which is the lowest price the token has ever been.


Radical and unpopular changes

The newest change consists of increasing the exchange rate from LE 150 -> 1 $PVU to LE 500 -> 1 $PVU, representing a straight 70% decrease on all the $PVU tokens minted by playing the farm mode, being applied only mere hours before noticing the change. The developers have developed the bad habit of applying radical measures without long-term consideration and without second thoughts. If you are planning to invest or already have NFTs plants, you have to live with that for better or worse.

I did an analysis to consider if it is still a good idea to keep the NFTs invested in the game or to get out as soon as you can, I will consider two cases: 1) for new investors and 2) current investors with a minimum of 1 NFT plant. Today I will discuss the case for new investors.


New investors

(I will not explain how to play the game but only a shortlist of steps focusing on the economic aspect).

enter the game: You need to invest a minimum of 9 $PVU and 0,026 BNB (5 for start playing and 4 $PVU + 0.026 BNB to claim your NFT plant, consider that you will not get charged 0.026 BNB but only a few cents for the transaction, the 0.026 is there as part of the contract to obtain the NFT).


First step: After claiming your LE and planting your first sunflower you will reach a full garden of 5 saplings and 1 sunflower mama in approximately a week (depending on the world tree daily event obtaining R6 rewards of 4 saplings) after that the LE you will produce is as follows

1 Sapling produces 250 LE and consumes 120 LE in 72 hours

-> 1 Sapling produces 43.3 LE daily

1 Sunflower mama produces 850 LE and consumes 220 LE in 144 hours

-> 1 Sunflower mama produces 105 LE daily

Having a full garden of 5 Saplings and 1 Sunflower mama you will obtain the daily net amount of 321.5 LE, I will not consider the LE obtained with the world tree to have a conservative amount and to take into account the crows that stops your sunflower’s LE production.


NFT plant: To claim your first NFT you will need to gather 100 Saplings, if each Sapling cost 100 LE then you would need to gather a combination of LE and saplings to fulfill the 100 saplings requirement.

With a daily amount of 321.5 LE, you would have to wait a month for being able to claim your first NFT seed.


Sell or keep the NFT: At this point, I personally consider exchanging 100 saplings for an NFT instead of straight converting the LE into $PVU as there is a 10% exchange rate increase every week and it is not worth it. The current price for NFT common plants is 60 $PVU. Considering the initial investment of approximately 9 $PVU you can:

1)sell the NFT for a minimum of 60 $PVU (using today´s prices as a loose projection and depending on the rarity) obtaining a minimum of 51 $PVU or profits.

2) keep the NFT and farm for the rest of NFT until you reach the maximum amount of 1 tree and 5 NFT given by the free land.

The bad news is that because of the frequent and radical changes the devs do every few days is impractical to do a full long-term analysis to see which of the options above is the most suitable. Another problem is that your NFT obtained after the mid-October fork to PVP will not transfer (as discussed in this article). Being only usable in the Farm and PVE modes.


Is the game investable as a new player? What would I do if I were a new investor? If you have some spare money to spend 45 USD dollars, I would consider entering the game but first, take into account the following pros and cons before committing a new investment:

Pros:

-The game has a playable demo and PVP beta will come in mid-October.

-There is a high userbase playing the game.

-You only have to log in every 12-24 hours to water your plants and scare the occasional crow.

-You only have to invest 45 USD to enter now, instead of the 180 USD people had to pay to enter the game a month ago. There is a possibility to reach 10 USD + per $PVU token if the developers stop screwing the economy.

Cons:

-The devs have a lack of knowledge on how to handle the economy, I don’t know who is advising them on that either.

-The devs and investors haven’t made a public appearance, giving FUD for a rug and pull.

-A bad habit for implementing radical and frequent changes on the economy without second thinking. Prepare for last-minute changes without being able to prepare for them.

-High amount of FUD and decrease on $PVU token price as a product of the developer´s incompetence.


Have any questions? want to leave feedback about my articles? feel free to let me know, I appreciate every comment to improve my work.

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AyrtonDaSilva
AyrtonDaSilva

Crypto NFT enthusiast


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