Greetings Gamers!
Its time again for my Weekly Splinterlands Update!
We are almost a full week into the in-game changes announced last week, which lowers the chances of getting DEC and cards in daily quest rewards for bronze league players like myself. It also added the ability to gain Credits in chests, which is mostly what I have received so far. Since I was not tracking Credits previously, and they are now a big part of what I will be earning, I have added them into my profit tracking. 1000 Credits = $1.00.
So far, I feel the changes have mostly been criticized on message boards, as taking away the DEC and card potential for newer players, especially right after they released the new cards really hurts their earnings potential. The changes were spun as a way to improve market health, but the way I see it, it was a way to help sell more Chaos Legion packs once they are released, adn I agree with the criticism it is receiving.
I think I will be repositioning my strategy to maximize earnings moving forward, and I'm even considering leaving my guild, as the steep 100 DEC per week fee will be tougher to obtain. I will need to focus my DEC earnings moving forward, into buying higher level or gold foil cards to gain power, and rise in leagues for more earnings.
Goal Review:
My goal with this game was to see how much I can earn, in one year, from casually playing the game, which is what I will be documenting each week. My only current investment is the initial $10 cost of buying a spell book, which unlocks earning DEC for winning ranked battles, Daily Quest Rewards, and Ranked Season Rewards.
Account Value:
Here is a look at my current account value, which is calculated by adding my owned card value, current DEC value, current SPS value, and current Credits value:
Last week I saw a nice 33.40% gain in overall account value. This was after seeing a previous account value rise of 41.23% the week prior, so a nice two week streak. Card Value, SPS and Credits all saw increases, with DEC being the only value loser for the week.
Card Value:
Here is a look at my current card value, this is based on the current market price of each card I own:
My card value rose by 34.87% last week. Since I did not buy any cards last week with DEC, this was from cards I gained during season rewards, and just a nice rise in overall market prices today. Here is a look at my season rewards:
DEC Value:
Here is a look at my current DEC value, which is calculated by multiplying my current amount of DEC by the current DEC market price:
The amount of DEC held will fluctuate as I use it to rent/buy cards to earn daily and season rewards. I also send 100 DEC each week to my guild to advance our buildings, which will later help me increase profits, although as mentioned earlier I am considering leaving the guild to use that 100 DEC per week on cards. The value of DEC has seen another huge increase of 44.3% over the last week, and is up 100.7% in two weeks:
SPS Value:
Here is a look at my current SPS value, which is calculated by multiplying my current SPS supply with the current market price of SPS:
I continue to claim and stake my SPS daily. The staking rewards continue to drop sharply, and it is down to 72.90%, which is still very high. SPS continues to rise itself and is up 67.1% for the week, and 178.2% in the last two weeks:
Credits Value:
Here is a look at my current Credits value, which is calculated by multiplying my current Credit supply by its rate of 1,000 Credits = $1.00:
I had earned 500 Credits before the update from referring a friend to the game, and I earned 42 Credits from daily reward chests. I was curious going into this week what the payouts would be, and if they would be enough to be able to use them for a Chaos Legion pack once released. So far the highest amount I have received was 24 Credits with the lowest being 2 Credits. At this rate it would take 47 weeks, almost a full year, to hit the predicted required amount of 2,000 Credits for a new pack. Woof.
Current Profit:
And finally, here is the true measure of the game, my profit:
With my in-game assets now valuing $29.41, minus my investment for the Spellbook of $10.00, I am currently at a profit of $19.41. That is up $7.36, or 61.13%, from last week.
Conclusion:
Back to back weeks with nice returns have reinvigorated my interest in the game and reassured me of its earnings potential. I am concerned however of the change of receiving Credits instead of cards and DEC in rewards chests. It will definitively have a negative impact on earnings until I can earn enough power to reach Silver League,.
If you have not tried Splinterlands yet, I recommend giving it a shot. The $10.00 price of the Spellbook is worth unlocking rewards and is a relatively cheap entry into the world of NFT gaming.
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Fruitful Gaming!
the crypto_gam3r
