The level of interest we have been seeing in the upcoming land presale has far and away exceeded our expectations - particularly around the purchasing of entire Regions - and we know that many players are concerned about being able to get the land they would like in the first presale stage before it sells out.
While we are not planning to increase the amount of land available in the presales or in total from the amounts we originally announced and committed to, we do nevertheless want to ensure that the land is distributed in a fair and unbiased manner and not based upon things like player time zones, internet connection speeds, or Hive blockchain node response times.
As a result, we will be implementing a lottery system for the purchase of Regions (or the equivalent amount of Tracts or Plots) in each of the three land presales. Starting on Monday, November 2nd, 2020, players who are interested in purchasing either a full Region, 10 Tracts, or 1000 Plots may pre-pay for their purchase using either DEC or Credits through the in-game shop and be entered into the lottery. Each account may only enter the lottery once and only for the purchase of a single Region, 10 Tracts, or 1000 Plots. The shop page will show a running counter of the number of entries there are in the lottery in total so far.
27 out of the 30 total Regions worth of land will be available to lottery participants. On Saturday, November 7th, at 15:00 UTC - one hour before the first presale is scheduled to begin - if 27 or fewer players have entered the lottery, then each of them will receive their claim tokens and any remaining land will be available for purchase during the presale as normal.
In the event that more than 27 players have entered the lottery, then at the time that the lottery ends (specified above), 27 of them will be chosen at random in a provably fair and verifiable manner based on unpredictable data from the first Hive blockchain block produced on or after the lottery end time.
The 27 players who are randomly chosen in the lottery will receive their claim tokens and any remaining players will have their DEC or Credits automatically and instantly refunded to their in-game accounts.
Once the presale begins, the three Regions (3,000 Plots) that were not available in the lottery will be available for Tract and Plot purchases only on a first-come-first-served basis. This is to allow players who wish to purchase less than a full Region of land to also have an opportunity to participate in the first presale. At this point the maximum purchase for a single transaction will be 1 Tract or up to 100 Plots.
For anyone who may have missed it, full details about the land presales and the planned expansion to the game can be found in the following posts:
- Official Splinterlands Land Presale Announcement
- Splinterlands Land Expansion Details
- Land Presale FAQ
Refunds
Any player who purchased Credits for use in the first land presale and was not able to get the land, either in the lottery or otherwise, may request a refund by contacting us via email at support@splinterlands.com.
Refunds will be processed as quickly as possible but may take some time depending on volume and other factors. Refunds will be paid in the same currency used for the Credits purchase(s). Payments made using cryptocurrency will be refunded in the exact amount of cryptocurrency tokens that were paid to Splinterlands, regardless of any price fluctuations of that cryptocurrency token in USD terms between the time of the initial payment and the time of the refund.
Participation in Future Presales
That being said, we would very much like to encourage anyone who is not able to get land in the first presale to consider holding on to their Credits or DEC tokens in order to participate in the second and/or third presale stages.
While the discounts are less for the second and third presale stages as compared to the first, they are nevertheless still quite significant discounts to the base price for what we expect will be a very scarce asset in the game. 150,000 plots may sound like a lot, but it's actually quite a small amount, especially considering the level of interest we have seen since the announcement and before beginning any real external promotion. Once the initial 150k plots are sold then the only way to get land on Praetoria will be on the market from existing players who purchased it during these sales.
Additionally, players who entered the first presale Region lottery and were not chosen will receive a random Legendary Totem if they purchase a Region (or equivalent number of Tracts or Plots) in either the second or third land presale stages. Totems are expected to be awarded in January of 2021 once the land presale raffle is completed.
Players who entered but were not chosen in the first lottery will also be able to receive a premium spot in the second land presale lottery, which will work as follows:
- If more than 27 players enter the lottery for the second land presale who also entered and were not chosen in the first lottery, then they are the only ones who will be able to participate in the lottery for the second land presale.
- If 27 or fewer players enter the second lottery who also entered and were not chosen in the first lottery, then they will all be guaranteed to get a Region in the second presale and any remaining Regions up to the total of 27 will be available in the second lottery to other participants.
- If all players who enter the first presale lottery receive their Region, then all 27 Regions will be available in the second presale lottery which will be open to all players.
If you enter and are not chosen in the first land presale lottery, then you will just need to enter into the second land presale lottery when it is available with the required amount of DEC or Credits from the same account in order to be eligible. The system will keep track of the players who were not chosen in the first lottery and those spots will be reserved as described above.
Please note that players who request a refund for Credits purchased to enter the first land Region presale lottery will not be eligible for free totems or a guaranteed spot in future presale lotteries.
Finally, don't forget that players will receive a raffle ticket for each dollar spent in any of the three presales. That means that players who purchase land in the second and third presale stages will receive more raffle tickets than players who bought the same amount of land in the first presale stage, which could lead to winning some really awesome and valuable prizes! Raffle tickets will also be tradeable tokens that can be bought and sold on external markets.
Uniswap Liquidity Provider Rewards Update
While we're on the topic of getting land, we wanted to give an update on the rewards for liquidity providers in the DEC-ETH Uniswap pool. More details about the Uniswap pool and liquidity provider rewards can be found in the following posts:
Sunday, November 1st, 2020 will mark the end of the first 30 day period for the Uniswap liquidity provider rewards. 1000 land plot claims will be divided amongst the participants in the liquidity pool based on their percentage of the total pool over the 30 day period. Please keep in mind that the ~$50k of liquidity provided by Splinterlands will be excluded from the rewards calculations.
At the time of writing, 98 players are set to receive 1 or more free plots, 25 players are set to receive 10 or more free plots, and the top contributor is set to receive nearly 100 free plots - just for providing liquidity to the pool! Land plot rewards for liquidity providers will be given out shortly after the first presale is completed.
November 2nd, 2020 will start the second 30-day period in which another 1000 free land plot claims will be given out to liquidity providers during the period. We expect that a significant portion of the current liquidity may be removed from the pool in order to participate in the first land presale, in which case it may provide a great opportunity for players to grab a larger percentage of the pool - and the rewards - than was possible during the first period.
Finally, we also want to remind everyone that in addition to the free land plots, there will also be 100,000 raffle tickets distributed to Uniswap liquidity providers based on their percentage of the total pool over the full 90 day period from Oct 3rd - Dec 31st, 2020.
Stay tuned for more updates from the Splinterlands!
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NOTE: All rewards from this post will be burned.