22 months on Splinterlands: ROI and considerations + Advices for New Players

Cover Image: Logo image owned by Splinterlands - Edit by @libertycrypto27- Font used is Open Source

Splinterlands is my favorite blockchain-based game and today it's been more than 22 months since I decided to sign up after reading many posts about Splinterlands published on Hive.

Since then I've been playing constantly and skipped only a few daily quests and after 22 months I'm still enjoying it as much as I did the first day.

Splinterlands is not just a static game but it's a game in constant evolution and the future introduction of the Lands will bring new scenarios for gaming and investment.

In the following image you can see the Splinterlands game roadmap on the website: https://www.splintercards.com/future.html.

Splinterlands like all blockchain based games allows its players to receive rewards from game activity (cards, SPS tokens and DEC tokens) and allows them to sell and buy all the assets in the game.

This is why Splinterlands is not only a game but also an investment.

For the last 22 months I have always written a monthly report in which I consider Splinterlands exclusively from a financial point of view and not from a gaming point of view and so here I am writing my 22nd monthly report on Splinterlands.

Note: In the numbers in this report the comma "," and the dot "." are both decimal separators.

Below are the topics I will be covering in this my monthly report:

Report Topics

- Final Result Previous Report

- Evaluation of Splinterlands as Investment (after 21 months)

- Total Investment Cost

- Total Revenues

- Value of my card collection

- Value of accumulated DEC tokens

- Revenues from the sale of DEC tokens

- Value of the Plots

- Revenues from Farms DEC - BUSD LP (CubFinance)

- Value of Splintershards tokens (SPS)

- Value of card packs purchased but not opened.

- Profit/Loss calculation

- ROI calculation

- Report Results Considerations

- Month by month history of my investment in Splinterlands

- Suggestions for new players

- But do those who sign up today still have a chance to make a good profit?

- The earning opportunities that Splinterlands offers

Final Result Previous Report

The starting point for each of my monthly reports on Splinterlands is the result I recorded in my previous monthly report: https://peakd.com/hive-146620/@libertycrypto27/is-splinterlands-a-good-investment-21-months-later--advices-for-new-players-splinterlands-e-un-buon-investimento-21-mesi-dopo

The date I posted my previous report is August 11, 2021 and in the following two images you can see the Profit and ROI I have achieved in 22 months since the date of my Splinterlads game registration.

The results I got up to August 11 were really good results that I honestly didn't expect:

- Total Profit: $13310.82

- ROI: 2539%.

Now it's time to check if in the last 36 days my financial results related to my investment on Splinterlands have improved or worsened and so I proceed to evaluate my investment on Splinterlands until today's date and at the same time I write this report.

Evaluation of Splinterlands as Investment

(after 22 months)

The calculation and comparison between costs incurred and revenues obtained is the basis of the analysis of any investment.

Total Investment Cost

The total cost of my investment on Splinterlands is given by the following sum:

Registration Cost (Summoner Speelbook: $10) + Total Cost of Cards and Card Packs Purchased + Total Cost of DEC tokens purchased + Total Cost of Plots purchased

When calculating the sum above I only consider the costs incurred by injecting external liquidity into the game.

Since the date of my last report (August 11, 2021) and until today September 16, 2021 I have not put external liquidity in my investment on Splinterlands and for this reason the total cost of my investment is unchanged from my previous report and is 524.14$.

Income

The total revenue earned from my investment on Splinterlands is the sum of the following values:

- the sum of the market value of the Cards that constitute my card collection

- the gain obtained from the sale of the cards

- the gain obtained from the rental of my cards

- the value of the DEC (Dark Energy Crystal) tokens accumulated and not reinvested.

- the gain from the sale of DEC tokens.

- the market value of the plots that I have purchased.

- The gain from the sale of the Plots.

- The gain from using DEC tokens in a Farm.

- The value of the Splintershards (SPS) tokens I have obtained from the current airdrop to date.

- The value of card packs purchased but not opened.

How much is my card collection worth?

Manually calculating the value of my cards collection would be a very time-consuming operation, but luckily there is the Peakmonsters site that performs the calculation automatically within the My Cards section: https://peakmonsters.com/@libertycrypto27/cards

The Peakmonsters site calculates the value of my card collection based on two different prices: Market Prices and List Prices.

To calculate the value of my card collection I always consider the lesser of:

- the total value using Market Prices.

- the total value using List Prices.

On March 26, 2021 my card collection had a value of $819.63 (using Market Prices)

On May 3, 2021 my card collection had a value of 1164.44 $ (using Market prices)

On May 27, 2021, my card collection had a value of 1349.09 $ (using Market prices)

On July 10, 2021 my card collection had a value of 2511.49 $ (using Market prices)

On August 11, 2021 my card collection had a value of 11617.01 $ (using Market prices)

Today September 16 my card collection has a value of $23249.22

About 10 days ago the value of my card collection had exceeded $30,000 but then it has suffered a drop in value over the last few days. Despite this latest drop in value, in one month the value of my card collection has increased by +11632.21$ with a +100% monthly increase.

It's an amazing increase in value because it happened in a window of only 36 days.

What is the value of the DEC tokens I have in my wallet?

DEC tokens (Dark Energy Crystal) are the native tokens of the Splinterlands game, you get them as a reward for every battle you win in the game and you can also find them in chests.

The chests are received every day as a reward for completing daily quests and every 15 days as a reward for in-game achievements at the end of the Splinterlands season.

DEC tokens are utility tokens because they have many use cases:

- they can be sold and bought on HiveEngine/LeoDex/TribalDex

- can be used to buy cards, potions, Spellbook (starter set)

- can be used in the DeFi platforms of CubFinance (https://cubdefi.com/), UniSwap and TribalDex pools.

- can be used to pay for card rentals

- they count towards the current airdrop score to receive Splinterlands governance tokens (the SPS tokens).

In my in-game Splinterlands wallet I have a total of 97765 DEC tokens.

As you can see from the calculations in the image below, today September 16, 2021, 97765 DEC tokens have the value of 517.43 $ (Highest Bid on LeoDex/HiveEngine/TribalDex)

Revenues from the sale of DEC tokens on Hive Engine

So far I have used my DEC tokens primarily to purchase packs of cards from the Splinterlands Shop and to purchase cards from the marketplace for the purpose of upgrading and improving my card collection.

On one occasion I sold an amount of DEC tokens to do a Power Up on Hive to increase my amount of HP (Hive Power).

On October 5, 2020, I sold 81000 DECs on Hive Engine and received 400.14 HIVE in return for a value at the time of sale of $64.8.

If I had sold the same amount of DEC tokens today I would have gotten a lot more....

How much are my Plots worth?

On November 21, 2020 I purchased 3 Plots at a great price: 7500 DEC per plot.

So I spent a total of 22500 DEC whose $ value at the time of purchase was 19.66 $.

Over the past couple of months all of the assets in the Splinterlands game have gained a lot of value and so have the plots.

Initially the plots could be purchased directly from the Shop section of the Splinterlands website and had a cost of $20 but they are finished since a long time.

Now those who want to buy a plot can only purchase it from markets outside the Splinterlands game such as LeoDex/HiveEngine/TribalDex.

Today September 15, 2021, the lowest sale offer of a Plot on Hive Engine is 589 HIVE equivalent to $444.69.

This is another incredible result, those who bought so many plots really made a great investment.

A plot that was worth only 6.5$, on November 21, 2020, is now worth 444.69$ and only 35 days ago was worth 194.54$.

In my report calculations I will take into account the value of the Highest BID on https://hive-engine.com/?p=market&t=PLOT which is 559 HIVE.

The total value of the three Plots in my possession is 559 HIVE * 3 plots = 1677 HIVE = 1266.135$ (previous report value: 535.29$)

Farm DEC-USBD LP

I follow many communities on Hive and one of the most active is the Leofinance community (https://leofinance.io/).

Leofinance has created and developed a decentralized finance (DeFi) platform called CubFinance (https://cubdefi.com/).

On CubFinance I use the DEC-BUSD LP farm in which I put 24000 DECs to work.

When I added liquidity in the farm the DEC tokens were worth much less than now and for this reason if I wanted to withdraw them now from the farm I would take only 10372 DEC tokens instead of 24000 initial (impermanent loss)

Until today the liquidity that I have put in the farm DEC-BUSD has made me earn 12,588 CUB tokens whose current value is $ 6,481.

The value of Splintershards tokens (SPS) obtained from the current airdrop

The airdrop of Splinterlands governance tokens is underway: the Splintershards (SPS) tokens.

The airdrop of SPS tokens has a total duration of 365 days and today, September 16, 51 days have passed since the start of the airdrop.

In 51 days I have accumulated a total of 5852 SPS tokens whose value is $1335.58 (image below).

Value of card packs purchased but not opened

A while ago I bought 100 packs of cards from the Untamed collection in bulk from the Shop section of the Splinterlands website, and as a bonus, I received 10 free packs of cards.

Out of 110 packs of cards, I opened 85 packs of cards and still have 25 packs of Untamed cards to open.

The value of an Untamed card pack on Hive Engine (Highest BID) is 45 HIVE = $33,975.

The total value of my 25 packs of Untamed cards is 849.37$

A bit of calculation...

Now I have all the data I need (Total Costs and Total Revenues) and I can calculate the profit and ROI I got after 22 months of playing and investing on Splinterlands.

Profit ( Revenues - Costs )

As you can see from the calculations in the following image the Profit that I have obtained after 22 months on Splinterlands is 26764.87 $ (previous report 13310.82 $)

In 36 days the profit has doubled! Splinterland happily continues to surprise me :)

ROI ( Return On Investment )

The ROI I had recorded in my previous report was 2539.55%. and now, after 36 days, it is 5106.44% (calculations in the image below).

Month by month history of my investment in Splinterlands

Below you can see the history of my personal investment on Splinterlands from month six until today September 16, 2021..

The trend of PROFIT from the sixth month onwards was as follows:

- PROFIT after 6 months: 27.99 $

- PROFIT after 7 months: 82.346 $

- PROFIT after 8 months: 24.214 $

- PROFIT after 9 months: 78.902 $

- PROFIT after 10 months: 44.014 $

- PROFIT after 11 months: 149.437 $

- PROFIT after 12 months: 307.279 $

- PROFIT after 13 months: 316.13 $

- PROFIT after 14 months: 311.16 $

- PROFIT after 15 months: 338.02 $

- PROFIT after 16 months: 392.60 $

- PROFIT after 17 months: 687.68 $

- PROFIT after 18 months: 1046.56 $

- PROFIT after 19 months: 1239.77 $

- PROFIT after 20 months: 2232.06 $

- PROFIT after 21 months: 13310.82 $**

- PROFIT after 22 months: 26764.87 $**

The ROI trend from month 6 onwards was as follows:

- ROI after 6 months: 34,73 %

- ROI after 7 months: 77.02 %

- ROI after 8 months: 10.93 %

- ROI after 9 months: 34.33 %

- ROI after 10 months: 16.99 %

- ROI after 11 months: 57.68 %

- ROI after 12 months: 118.59 %

- ROI after 13 months: 113.41 %

- ROI after 14 months: 111.62 %

- ROI after 15 months: 121.26 %

- ROI after 16 months: 140.84 %

- ROI after 17 months: 246,69 %

- ROI after 18 months: 334.33 %

- ROI after 19 months: 368.60 %

- ROI after 20 months: 425.85 %

- ROI after 21 months: 2539.55 %

- ROI after 22 months: 5106.44 %

Considerations

Splinterlands continues to surprise me and I hope it continues its growth trend in the future.

The result I recorded in this report is once again the best result I've recorded to date and surpasses the previous result.

I registered in Splinterlands when the packs of Alpha cards were already sold out and if I had registered earlier now the last lines of the graph of my profit would draw a straight line to the moon!

Splinterlands is a concrete example of all that a blockchain-based game can offer to its players:

- fun

- exclusive digital ownership of the game assets (tokens and NFT)

- many different possibilities of gain and investment

I don't have the ability to predict the future but my opinion is that blockchain based games will be the future of the videogames industry even if it will take some time before they can have a similar diffusion to the currently most popular centralized games.

In a post I wrote not long ago I expressed my thoughts on blockchain-based games and compared two games similar in gameplay but very different in structure: Splinterlands and Hearthstone.

Link Post: https://peakd.com/hive-131619/@libertycrypto27/blockchain-games-the-future-of-gaming-il-futuro-dei-videogames-engita</sub>

Advices for new players

But do those who sign up today still have a chance to make a good profit?

I share my Splinterlands related posts that I publish on Hive on other channels as well with the purpose of promoting both Splinterlands and Hive.

I have often received questions similar to the following:

If I sign up today do I still have a chance to make a good profit or is it too late?

To answer this question I decided to do an experiment: on June 21, 2021 I dressed up as a new player and with my curation account @libertygame27 I spent 10$ to buy a new Spellbook.

With libertygame27 I started from 0 to see how quickly I would recover the initial cost of registration on Splinterlands.

In only 42 days and only thanks to in-game rewards (rewards from battles won, daily rewards and seasonal rewards) I recovered the cost of registration and made a profit of +7.5$ (ROI 75.5%).

You can read all the details of my experiment in this post:

Link: https://peakd.com/hive-146620/@libertycrypto27/my-splinterlands-experiment-from-usd10

The earning opportunities that Splinterlands offers.

In my experiment with the account libertygame27 it took me 42 days to get a profit of 7.5$ but I only played and did not use all the earning opportunities that Splinterlands offers to its players.

In addition to the activities strictly related to the game such as daily quests there are many other earning possibilities that allow you to recover the cost of registration in a very short time:

- weekly contests organized by Splinterlands on the Hive blockchain

- trivia challenge on Hive and Telegram

- giveaway organized by Splinterlands or independently by Splinterlands players

- SPT tokens

- ...

A player who signs up for Splinterlands, pays the $10 signup fee and immediately starts participating in Splinterlands weekly contests is making the best possible choice.

In the following image you can see the vote I received from Splinterlands on my last post that I published on Hive and with which I participated in the Splinterlands Social Media Challenge contest:

In my post I also included the spt and splinterlands tags that allowed me to make my post visible also on: https://www.splintertalk.io/@libertycrypto27/

I also earned a quantity of SPT tokens (Hive's second layer tokens) with the same post.

On both Hive and Splintertalk (Hive's community), the author of a post receives 50% of the value of the votes they receive.

With one entry into a weekly Splinterlands contest, I earned:

- $4,903 ($9,806/2) thanks to the vote received from Splinterlands.

- 606.65 SPT tokens = 9.22 HIVE = $6.96

If I do the sum I get a total value of $11,863 which not only covers the cost of registering to Splinterlands but is also $1,863 higher.

Do you still have doubts?

If I wasn't a Splinterlands player I would become one immediately!

I hope you liked this report and thank you for your time :)

Will ROI and Profit grow in the next month or decrease?

Follow me to find out ;)

Are you not a Splinterlands player?

Splinterlands is a beautiful game and it has proved to be a very good investment (at least until now) and if you regularly participate to the weekly contests organized by the @splinterlands account you will recover the registration cost (10$) in a short time.

If you decide to register, you can do it from this link:

https://splinterlands.com?ref=libertycrypto27

of course if you'd like to use my refferal link... :)

Any game that involves the purchase of cards and tokens is never a simple game but it is also an investment and should be considered as such.

I am not a financial consultant and if you decide to invest in the game of Splinterlands you do it for your own choice, after having made your personal evaluations and considered all possible risk factors.

My advice is to always invest only what you can afford to lose with a light heart.

See you on the battlefields of Splinterlands.

Unless otherwise indicated, the images in this post are screenshots taken from the sites:

https://splinterlands.com/

https://peakmonsters.com/

Images containing calculations and formulas are my property

The font used in my images or edited by me is Open Source

Splinterlands ON!