Since the announcement post of the Praetoria Cartel four days ago, over 5,000 land plots have been sold, which is nearly 25% of the remaining supply. There are now a total of 16,096 land plots left or 16 regions. After these are sold out, no more land will be created in a long time, maybe forever.
The idea of the cartel was received very well. Many users have contacted me to join soon. Well, soon is not soon enough. At this rate, the land expansion is sold out in two weeks time. If we want to get a region for the cartel, we need the funds to do so.
Besides many verbal confirmations, I have only received 1500 HIVE, which is about 5% of a region. Plus my own 10% brings us to 15% of a region so far.
We will not be able to make it, if not more people commit to the cartel asap. Another factor that people should consider: I have been with Splinterlands since the Alpha, even before the game was playable. I will not miss out on the coolest part the game has created so far. That means that I will not wait until 0 land plots are available and miss the chance to be involved in lands entirely.
As soon as land plots drop under 10k land plots left, I will buy myself a Tract.
The cartel will then loose my own 10% investment and drop in its total investment, making it harder for everyone else to get the funds together. As you can see, the time to act is now.
Reminder: Advantages For Cartel Owners
- All stakeholders will partly own an entire region (or more), including the Keeps and Castle, which is at least a 150th part of the entire land available on Praetoria, a substantial market share of the land expansion and all its encompassing production value
- The Keeps and Castle will provide the maximum benefit to the stakeholders, as the entire region is owned and managed by the cartel
- All stakeholders will have much higher chances to partly own Magical and Occupied land plots, greatly reducing the risks of bad luck when revealing land
- All reinvested revenue will grow the value and production rate of the Praetoria Cartel over time
- Owning an entire region (or more) will give a broad access to most if not all of the resources on Praetoria, increasing productivity and growth of the project
- All stakeholders will get a regular income stream of DEC tokens through dividend payouts
- All stakeholders will get the continuous financial benefit of the Splinterlands expansion, without having to manage the land themselves or reinvest more funds into it to grow productivity
- CARTEL shares will be limited Hive-Engine tokens, that can be traded for market prices at any time, without hurting the other stakeholders in any way; no land is leaving the pool of the cartel and production is never interrupted or decreased
- Since 1 CARTEL will initially sell for $1, it will be possible to participate in the land expansion for much less (1 single land plot sells for $20)
- Over time, 1 CARTEL could potentially appreciate in price, as the Praetoria Cartel assets grow in value and productivity, leading to higher dividends; this is very similiar to token projects like LBI and SPI but based on Splinterlands assets
Buying CARTEL
To guarantee a $1 price for each CARTEL token, you will not be able to purchase the token on Hive-Engine directly. Send any amount of HIVE or HBD to 
HIVE and HBD will be sold at market price when enough funds for a region have arrived. If HIVE/HBD move up or down in value in the meantime, you will get accordingly more or less CARTEL! If you have send your funds after the first region has been funded, you will have to wait until the next region is being funded, before your CARTEL is being issued.
For each 1 Region the Praetoria Cartel will issue exactly 15,000 CARTEL tokens. CARTEL tokens will have two decimals and will be rounded up or down accordingly when issued.
For more information about the Praetoria Cartel, please read the announcement post.