Cover Image: Logo owned by Splinterlands - Edit by @libertycrypto27- Font used is Open Source
We're just over three days away from the start of the pre-sale of card packs from the new Splinterlands card collection: the Chaos Legion collection.
The pre-sale of the card packs of the new Chaos Legion collection is an event awaited by many Splinterlands players including myself.
I have summarized in tabular form some information of the Chaos Legion presale (image below).
Some friends like @robibasa and @mad-runner have asked me for advice while other friends like @poliwalt10 have asked me to participate in buying pools.
To answer all the people who asked me for information and advice about the upcoming Chaos Legion presale I decided to write this post in which I share some considerations, calculations and assumptions with the aim of giving as much information as possible to those who asked me for help to facilitate their decision to participate or not in the presale that will start on Monday, October 18, 2021.
The advantages of the presale
The convenience of whether or not to participate in the presale depends primarily on the advantages of participating in the presale.
The benefits offered by the presale are not the same for all presale participants and depend on the number of card packs purchased during the presale.
Benefits based on the number of packs of cards purchased
+ packs of cards purchased = + benefits
Those who buy more packs of cards will have more advantages and below I list the various advantages according to the possible cases of purchase:
- from 1 to 49 packs purchased: 2% chance per pack to receive via airdrop at the end of the presale one limited-edition promo card.
For example, someone who buys 30 packs of cards during the presale will have a 60% chance of receiving 1 limited-edition promo card.
- From 50 to 99 packs purchased:
- 2% chance per pack to receive limited edition promotional card.
- guaranteed to receive a limited edition promo card for every 50 packs purchased.
In this case one promo card is guaranteed and those who purchase 99 packs of cards will have a 98% chance of also receiving a second promo card.
- from 100 to 499 packs purchased:
- 2% chance per pack of cards to receive one limited edition promo card.
- guarantee to receive 1 limited edition promo card for every 50 packs purchased**.
In this case, 2 promo cards are guaranteed (100 packs of cards) and those who purchase 499 cards will have 9 guaranteed promo cards and a 98% chance of receiving 10 promo cards total.
- 10% bonus on the number of card packs purchased.
Those who buy 100 packs will receive 10 packs as a bonus = 110 packs of cards.
- From 500 to 999 packs purchased:
- 2% chance for each pack of cards purchased to receive the limited edition promo card.
- guarantee to receive 1 limited edition promo card for every 50 packs purchased.
- 15% bonus on the number of card packs purchased.
Those who buy 500 packs will receive 75 packs as a bonus = 575 packs of cards.
- From 1000 to 1999 packs purchased:
- 2% chance per pack to receive limited edition promotional card.
- guarantee to receive 1 limited edition promo card for every 50 packs purchased.
- 15% bonus on the number of card packs purchased.
- guarantee to receive 1 limited edition Gold promo card for every 1000 packs of cards purchased**.
For example, if you purchase 1000 packs of cards, you will receive at least:
- 19 limited edition promo cards
- 1 limited edition promo card in Gold version
- acquisition of the title "The Legionnaire" (it will probably have value in the calculation of points of the airdrop of SPS tokens)
- from 2000 card packs purchased:
Whoever buys 2000+ packs of cards will have all the advantages of the previous case and in addition will have a bonus of 20% on the number of packs purchased.
For example, who buys 2000 packs of cards will receive:
- a total of 2400 packs of cards
- a minimum of 18 limited edition promo cards + 2 limited edition promo cards in gold version.
The obstacle of token Vouchers
The above advantages would make the choice to participate in the presale obvious because advantageous and without contraindications.
But it is not so because there is an obstacle to overcome for those who want to buy packs of cards during the presale: the Vouchers tokens.
No Voucher = No Party! (No Pack!)
During the presale 1 million Chaos Legion card packs will be made available for purchase and 1 million Voucher tokens will be distributed at the same time.
The requirement to buy a pack of cards is to have and use a Voucher token.
1 Chaos Legion card pack purchased = 1 token Voucher used
The Voucher token distribution mechanism
Starting on the first day of the presale of the Chaos Legion collection card packs and every day for the duration of 30 days, an amount of 333 Vouchers will be distributed to players who have staked their SPS tokens according to the following formula:
33333 / total SPS staked * SPS staked by player
Calculate the number of tokens you can receive in relation to the amount of SPS tokens staked is easy thanks to the calculator of the site https://www.splintercards.com/tool-vouchers.html
According to the results of the calculator of the site Splintercards who like me has 9000 SPS tokens in staked will receive 2.44 token Voucher per day for a total of 73 token Voucher after 30 days.
Obviously the above calculation is an estimated calculation because if the total amount of SPS tokens staked will increase during the presale the amount of Voucher tokens I will receive will decrease.
In fact at the time I am writing this post there are more than 100000 liquid SPS tokens that could be staked during the presale.
Buy or Skip?
If there hadn't been VOUCHER tokens, participating in the presale would have been an opportunity not to be missed more than a possible choice.
Voucher tokens instead change everything and the convenience to participate to the presale will depend on their future value.
Voucher tokens will be distributed on the first day of the presale so today it's not possible to buy them but on Hive Engine there are already some offers to buy them.
As you can see in the image above, user trifenix for example is willing to buy one VOUCHER token at the price of 20 HIVE while user shauner is willing to buy 5 VOUCHER tokens at the price of 10 HIVE each for a total of 50 HIVE.
20 HIVE = $17.16.
10 HIVE = $8.58.
Based on current purchase requests a token Voucher would cost more than twice as much as a pack of Chaos Legion cards.
Let's assume that the average cost of a VOUCHER token will be during the presale of 10 HIVE.
Is it worth paying $12.58 for a pack of cards during the presale when after the presale it can be bought for $4?
The answer to this question will depend solely on the value of the card that will be distributed to presale participants.
Today we do not know which card will be distributed to the participants of the pre-sale as we do not know the battle characteristics of the card and therefore at the moment we can only make some considerations and evaluations.
50 packs purchased will guarantee 1 limited edition promo card.
1000 packs purchased will guarantee 1 limited edition promo card in Gold version.
On 1 million packs of cards sold during the presale at least 20000 promo cards will be distributed (1000000/50).
Of these 20000 cards 1000 cards will be Gold version (1000000/1000).
In the hypothetical case in which 1 VOUCHER will cost 10 HIVE = 8,58$, to be sure to receive at least one Promo card I will have to buy 50 packs of cards whose total cost will be given by the sum of the following values:
- 200$ (4$ * 50 packs of cards)
- $429 ($8.58 * 50 packs of cards).
If I spend 629$ to buy 50 packs of cards I will have a profit and therefore it will have been profitable to participate in the presale if the card I will receive from the airdrop will have a value higher than 429$ otherwise I will have obtained only a loss.
By the way if I look at the values of the cards currently on the market I find only a few cards (Regular version) whose value exceeds $ 429.
In the following image you can see the level 1 cards that have a selling price on the market higher than 429$.
From the cards in the image above it is better to exclude the cards that have a very limited circulation because their value is also given by the scarcity of copies present.
If the card distributed to the participants of the airdrop will be really strong and useful in battle as for example the summoner card Yodin Zaku then it could be convenient to buy 50 packs of cards during the pre-sale and spend 12.58$ per pack because I would spend 429$ to receive a card with a market value of 688$ (level 1).
In addition, in evaluating the possible market value of the card received from the first airdrop should also be considered that the Yodin Zaku cards in circulation are only 1970.
The limited edition promo cards will be at least 20000 even if the combination operation to get stronger cards should make this value go down.
For this reason in the case of a voucher worth 10 HIVE the promo card should be even more useful than Yodin Zaku to have a comparable value.
Conclusion
My participation in the Chaos Legion presale will then depend on two important elements to consider:
- voucher token sales value.
- battle statistics and potential value of the limited edition promo card.
The answers to the following questions will be crucial to my decision whether or not to participate in the presale.
Will the limited edition promo card be announced before or during the presale?
What will be the value of the VOUCHER tokens?
If the limited edition promo card will not be announced before the end of the presale I will most likely not participate in the presale because I do not have the basis to calculate a possible estimated profit so I will sell all my Voucher tokens and when the sale of the cards will be open to all I will try to buy at least 1000 packs of Chaos Legion cards.
If the cost of the Voucher tokens will be more than half of the cost of a pack of cards (2$) I will participate in the pre-sale only if the airdrop card will be really useful in battle otherwise as in the first case I will sell all my VOUCHER tokens and postpone the purchase of the CHAOS LEGION packs.
There are also other elements to consider when deciding whether or not to buy during the presale:
- Card packs bought during the presale will be immediately counted in the calculation of the SPS token airdrop score?
- Will the title received by someone who buys 1000 packs of cards be immediately counted in the calculation of the SPS token airdrop score?
I think we will have the answers to these questions soon because the pre-sale of Chaos Legion card packs is now close.
What strategy have you chosen to follow for the presale?
Write me in the comments your intentions and plans to buy and I'll be happy to read and comment on them.
I hope you liked this post and thank you for taking the time to read it :)
Are you not a Splinterlands player?
Splinterlands is a beautiful game and it has proved to be a very good investment (at least until now) and if you regularly participate to the weekly contests organized by the @splinterlands account you will recover the registration cost (10$) 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://www.splintercards.com/
Images containing calculations and formulas are my property
The font used in my images or edited by me is Open Source
Splinterlands ON!
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