Greetings Splinterfolk!
The purpose of this series of posts is to showcase my investment in Splinterlands and ultimately determine if it was worth it or not.
My Splinterlands journey began in October 2021 after I read an article about the emerging Play-to-Earn genre in the NFT world. Out of all the games, I was naturally drawn to Splinterlands due to my love of CCGs/TCGs.
Before I knew it, I found myself with several accounts and spending a good couple of hours playing every single day. I would play on multiple accounts in a day and alternate between my accounts throughout the week in order to maximize my daily rewards and ECR. After just 3 months, I managed to turn my initial $70 investment into $400, which you can read more about here.
Due to changes in my personal life at the beginning of 2022, I was no longer able to devote significant time to juggling multiple accounts and grinding Splinterlands daily. Fortunately, there are always multiple ways to immerse yourself in a game. So, I made the decision to stop playing completely and focus more on micromanaging my assets, investing in card sets, and blogging about my experiences.
The below events showcase all the times I invested personal funds into Splinterlands.
01.10.2021 - Created my first Splinterlands account and spent $10 on the Summoner's Spellbook.
04.10.2021 - Created 4 additional Splinterlands accounts and spent $40 on the Summoner's Spellbooks for the accounts.
23.10.2021 - Created my sixth Splinterlands account and spent $10 on the Summoner's Spellbook.
05.11.2021 - Created my seventh and last Splinterlands account and spent $10 on the Summoner's Spellbook.
16.01.2022 - Spent $2,185 to buy 500 Chaos Legion packs.
Below are all of the Splinterlands-related assets that I own at the time of writing this post.
717 Chaos Legion Packs | $836.19
- At the time of writing this post, one Chaos Legion pack is worth $1.16624 on Tribaldex.
50 Riftwatchers Packs | $205.59
- At the time of writing this post, one Riftwatchers pack is worth $4.1117 on Tribaldex.
ROI | -53.80%
- To date, I have invested $2,255 in Splinterlands and the current value of all my assets is $1,041.78.
| Time | Value of Assets | ROI |
|---|---|---|
| 6 Months | $2,296.21 | +1.82% |
| 7 Months | $2,106.64 | -6.58% |
| 8 Months | $2,436.28 | +8.04% |
| 9 Months | $1,578.03 | -30.02% |
| 10 Months | $1,487.33 | -34.04% |
| 11 Months | $1,540.41 | -31.69% |
| 1 Year | $1,759.40 | -21.30% |
| 1 Year 1 Month | $1,775.47 | -21.27% |
| 1 Year 2 Months | $1,359.19 | -39.73% |
| 1 Year 3 Months | $1,144.56 | -49.24% |
| 1 Year 4 Months | $1,797.49 | -20.29% |
| 1 Year 5 Months | $1,942.21 | -13.87% |
| 1 Year 6 Months | $1,739.08 | -22.88% |
| 1 Year 7 Months | $1,487.97 | -34.01% |
As we can see based on the history, my Splinterlands-related assets fluctuate frequently and swing considerably. The main reason for this is due to the majority of my assets being tied up in CL packs. If I look at the stats of the CL set, it seems that there are still 3,153,000 packs circulating (21%) with 9,322,000 opened (62.10%) and around 2,525,000 (16.8%) burnt. So, I have roughly 0.0227% of the current circulating supply.
I am curious to see how long it will actually take CL packs to break the $5 mark. I have a feeling that it will only be in 2025 but I really hope that I am wrong...
While Splinterlands does have a referral program, it only benefits the referrer and not the referee. Therefore, it is up to us (the existing players) to create our own referral program to help new players enter into the game. I've outlined below how my custom referral program works:
- Sign up for Splinterlands through my referral link here.
- Once you buy the Summoner's Spellbook, I will receive 500 credits ($0.50) which I will use to buy DEC, cards, or both to help you start your Splinterlands journey.
- All you need to do is comment below the IGN you used to sign up with. Once I have verified it, I will reach out to see what you would like to spend your $0.50 on and then send it over.