@merurial9 28 September 2023 more from that month

Road to Runi - Update 7 | Splinterlands #308 The **recent announcement of downsizing** at splinterlands highlights the difficulties faced by **blockchain**-based companies. It must have been a hard decision to reduce staff but times are tough in this perennial **crypto** **bear market**. The **previous layoffs in November 2022** show that the company has been facing challenges and it is commendable that they are transparent about these decisions. https://peakd.com/splinterlands/@splinterlands/staff-reductions-and-restructuring-announcement https://leofinance.io/@leoglossary/blockchain https://leofinance.io/@leoglossary/cryptocurrency https://leofinance.io/@leoglossary/leoglossary-bear-market https://peakd.com/splinterlands/@splinterlands/to-the-splinterlands-community During the downsizing announcement, the splinterlands team confirmed that there will be a division into two companies: Invennium Corp and Steem Monsters Corp. Steem Monsters Corp will focus on splinterlands and Soulkeep, while Invennium Corp will focus on the Invennium Platform, and Genesis League Sports. While organizational changes can be unsettling their priority is long-term sustainability and growth. It is encouraging to see that leadership recognizes the importance of giving attention to each product line ensuring that both splinterlands and Invennium receive focus without overshadowing one another. This restructuring aims to secure funding and leadership teams for each entity, which may potentially lead to effective development and progress. I just hope with this renewed focus and dedication that the Steem Monsters Corp team focuses on delivering the Land functionality that we have been waiting years for now. Also, hope there is a focus on dealing with the card over-supply problem and with the new Rebellion set on the horizon this over-supply problem will continue to grow. **Runi Fund**

The past week I added another 15k DEC into the Runi fund, but we saw the overall fund decrease by $4. This is due to DEC decreasing another 10% in price over the past week. I am solely holding DEC in the Runi fund so any moves in the price of DEC will affect the fund. If DEC ever gets back to $1 per 1k DEC peg, then the fund would be close to $315 (holding 315K DEC).

Source: **DEC Price History** https://www.splintercards.com/index.html As I mentioned above, the price of DEC has decreased to $0.678 per 1k DEC, which is the largest price decrease since we started this new challenge. As to the cause of the decrease it could be multiple causes such as the continual delay of the **Land 1.5 release**, more splinterlands layoffs and the perennial crypto bear market. Nonetheless, I will continue to keep on buying DEC for the challenge as I believe that once the **Land 1.5 release** is out to the public and the flywheel is activated we will see an escalation in the supply of the DEC and hopefully with **Economics** 101 apply, we should see DEC continues its ascend back to peg. Not financial advice of course so as always DYOR! https://splinterlands.gitbook.io/the-secret-of-praetoria/ https://leofinance.io/@leoglossary/leoglossary-economic **Runi Market**

Source: **Runi Floor Price** https://opensea.io/assets/ethereum/0xd900381f15ca67be1895a3626df210e33c8d7590/3083 Even with the wider challenges in the splinterlands ecosystem, the price of Runi were not that adversely affected. There is a new floor price of 0.37 **ETH** ($598.25) but the decrease was minimal and this bodes well for the long-term investment proposal of owning a Runi **NFT**. https://leofinance.io/@crypto-guides/what-is-ethereum-eth https://leofinance.io/@leoglossary/leoglossary-non-fungible-token-nft

Source: **Runi 7-Day Sales Activity** https://www.cryptoslam.io/runicore-v1?headerPeriod=7d&tab=activity In terms of market activity, this was the best week for Runi sales since I started tracking for this new challenge. We saw twenty-two transactions occur the past week, so quite a bit volume in the context of Runis. The range for the sales were between 0.2747 ETH ($438.82) and 0.43 ETH ($685.29). These ranges give me a target frame of $500 to have in the budget before I go out and start negotiating. I am only interested in the cheapest Runi and not to fussed at this stage with owning a Runi with certain attributes which may increase its price.

Source: **New Research Reveals 95% of All NFTs Are Worthless** https://beincrypto.com/nfts-are-worthless-research/ In a week where mainstream news headlines are all spreading **FUD** about the decline **NFT** market and the lack of utility, its good to see that there is a demand for Runis. My preference has always been to have **NFTs** that have utility as that creates a use case for the **NFT** – your mileage may vary, but that’s my perspective. https://leofinance.io/@leoglossary/leoglossary-fear-uncertainty-doubt-fud https://leofinance.io/@leoglossary/leoglossary-non-fungible-token-nft

Are you new to **splinterlands** and want to learn to play the game? Check out my **Ultimate Guide to Splinterlands: A Collection of Articles and Guides 2021**. If you enjoy reading my **splinterlands** content, please follow and support me by signing up to playing **splinterlands** through my affiliate link: **https://splinterlands.com?ref=mercurial9**. We both would have a chance to receive a cool NFT! https://splinterlands.com/?ref=mercurial9 https://www.splintertalk.io/hive-13323/@mercurial9/ultimate-guide-to-splinterlands-a-collection-of-articles-and-guides-2021-or-splinterlands-100 Thank you for reading and hope you have a good rest of the day! Follow me on these other platforms where I also post my content: **Publish0x** || **Hive** || **Read.Cash** || **Noise.App** || **Twitter**|| **Torum** https://www.publish0x.com/@aftershock9?a=Vyb82ANmev https://hive.blog/@mercurial9 https://read.cash/@merurial9 https://noise.app/mercurial9 https://twitter.com/minimalistpixel https://www.torum.com/u/mercurial9