Good morning Splinterfriends,
Today is a REALLY simple post and I hope it will help you with some ideas but it is most certainly NOT FINANCIAL ADVICE!
A couple days ago, 
At the time of the post, $SPS was trading at $.0072 USD per SPS...
However, one of the key points and probably most misunderstood points was the pricing of the packs:
Credits: $5 or 5,000 DEC
DEC: $5 or 5,000 DEC
SPS: $5 or 350 $SPS
USDC?: $5 (possible option)
A partial Goal for this was to increase the SPS Balance to further fund the Reward Pools. This is a good thing - I doubt anyone would say otherwise, right?
Then this Proposal mentioned a "DISCOUNT" for buying packs in SPS and people went bonkers.
Let me be very, Very, VERY clear - I deal with this sort of thing all the time... YOU GUYS SKIPPED OVER A CRITICAL PIECE OF INFORMATION...
Here's where I deal with the same issue at work, every single day...
Do you know what question I get asked nearly EVERY SINGLE TIME?!?
"WHY DOESN'T THIS VEHICLE HAVE A WARRANTY?!?"
Well - they do... BUT... The Dealership is not the Issuing Party, thus the critical word that everyone's brain just DELETES for some reason... "No... DEALER... Warranty"
Which is clearly very different from: "No Warranty".
So, how are these two things related? How is my issue with clients misinterpreting the FTC Buyers Guide similar to this proposal...
Simple: the Proposal priced the packs the EXACT SAME
$5 in DEC
$5 in Credits
$5 in USDC perhaps?
$5 in SPS
The ONLY DIFFERENCE... the ONLY "DISCOUNT" for $SPS (and DEC tbf) is they are pricing it with the assumption of future value being $SPS is $.014285... How do I know this???
Math.
Let us do some simple math:
Credits: 5,000 Credits = $5 USD = $.001 USD Per Credit... ✅
USDC?: 5 USDC = $5 USD = $1 USD Per USDC... ✅
DEC: 5,000 DEC = $4.225 USD = $.0008456 USD Per DEC... ✅
SPS (at $.0072): 350 SPS = $2.52 USD = $.0072 USD Per $SPS = ✅
SPS (at $.014285): 350 SPS = $4.9975 = $.014285 USD Per $SPS = ✅
I know what you're thinking... "Ok Dingus... but what's the POINT?!?"
The point is... THERE IS NO "DISCOUNT". There is only a DIFFERENCE between CURRENT $SPS Valuation and the GUARANTEED PRICE of each pack, in SPS at the time of it's release...
Which means... if someone wanted to buy a WHOLE BUNCH of this Mini Set... at roughly 50% off... they could buy a WHOLE BUNCH of SPS at current Market Prices...
IF. THEY. CHOSE. TO. DO. THAT... They could use the SPS to buy the Packs... at the GUARANTEED RATE... or... pay with DEC/Credits... Possibly USDC?
The moment $SPS > $.014285 or 1,000 DEC = $1.00 again... THE "DISCOUNT GOES AWAY"...
Clear?
Now... with that being said... one could also think... but what if I bought a bunch of SPS now and sold it during the pre-sale at the higher price... assuming it gets there...
Well then... let's take a look at what $SPS price has done in the last 36h...
Well... there you have it... Price Action over the last 36h and the "Target" at the top, where the "DISCOUNT" goes away...
There, I hope that helped... what you do with this info... that's up to you... but I know what I'm doing :P
That's all I have for you today folks!! Thank you for reading and I would LOVE for you to join me in game!!
Naturally, after everything leading up to this moment, I believe Splinterlands is one of the BEST web3 games out there!
It brings the #play2earn feature to the forefront of development as well as many opportunities for people to earn rewards - whether Player or Investor!!
If you're interested in the future of gaming, it's worth checking out!
You can sign up here: Splinterlands
Cheers 🍻,
- CaptainDingus
#Splinterlands #Hive #ConclaveArcana #Presale #SPS #DEC #play2earn #web3 #NFTGaming #Rebellion #Conflicts #SurvivalMode #RentalMarket #CardRentals