I Know you have seen many publications on recent splinterlands layoffs so I am not going to reapeat the same thing but here We have to discuss about transparency and long term vision and splinterlands tremendously proving itself to be transperent and they are here for long term. Don't forget splinterlands is the first ever NFT blockchain game and running since 4 years which is not small thing and it was built in bear market so that does not even matter but the thing is no one expected this type of worst situation and this is like big crisis so even big companies laying off their staff so this is not a big deal in this type of worst market. They belive in long term vision and this step is the necessary and they also announced this situation so this is called transperancy and it is much needed for any decentralized community.
Debt kills companies
It' true and there are lots of examples for you and not only in crypto industry but many companies facing this situation and at the end they have to end the project so thankfully splinterlands is not in this scenerio because they already prepared for this and trust me hive is strongest community and right now that is the big support for splinterlands. They are raising fund for capital and to do all these things and long term run they have to do cost cutting process and they have done it by laying off staffs. They will fulfill their promises with small team and already the work in progress and I think land is going to be a game changer for splinterlands and there are many things to come.
They are mainly focusing Investment banker (Moelis) and
Accelerator (Blockchain Founders' Fund) so main goal is to raising fund from outside. Splinterlands running from 4 years and community trust and believe in splinterlands that is the reason that even after this big announcement we have not seen major panic selling on splinterlands governance token and other assets because this is not FTX or Luna. Obviously there are big slow fall in splinterlands assets since long time and that is because of bear market and happening with eveyr single crypto project and everything will be fine when we see even small uptrend with positive news in all over the crypto market but we have to keep patience. One thing I want to say that splinterlands must focus on new players because right now there is nothing good for new players and they have to focus on them too. We want that daily new players will come and engage not just come and left.
What should you do ?
So if you have most of the holding in splinterlands like me then it is your assets so you can do whatever you want but I am not selling my splinterlands NFT, sps or anything due to this situation because I am here for long term vision and I know that this community will survive from this bad situation. Remember, we have strong splinterlands team and now it's all depended to community. If the community is strong and supportive then project can survive worst bear market too, so keep calm and hodl. Take it as a suggestion otherwise you are free to sell them but before doing anything do your own research and think well and then take any decision.
Instead of selling now I am buying more sps tokens because this is the time when we are getting things in discounted price so that's the main thing. My strategy is to sell 50% airdrop reward token and buy the sps and stake them for more airdrop and rest 50% will go to the GLX staking and I will do same from that GLX staking reward. I have also purchased node license and I am getting good amount of sps ad voucher from that asset so I am holding license too.
What's your thoughts? let me know in the comment section.
Image source : Peakmonsters and splinterlands
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 | Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you my hive family ♥ |