Another week has passed in my challenge to owning a complete Chaos Legion Regular Foil Set and Land, and I will closely monitor and transparently share all details about the challenge in these posts.

Road To The Glory Land - Update 20

It felt like ages since the last town hall, so I was thrilled when it finally returned, bringing with it several game updates that impacted both the gameplay and the surrounding community. In terms of gameplay, the team addressed issues related to buffs and debuffs, and ensuring that season reward chests no longer reset to Bronze. Additionally, there was a brief mention of the transition to SPS staking for rewards, the introduction of the SPS rental market, and the highly anticipated Land 1.5 release.

Now, let's talk about my alt account. Unfortunately, since I've already staked all my SPS (40k) to my main account, the new SPS staked requirements will result in reduced rewards for my alt account. This development forces me to re-evaluate whether maintaining an alt account is worth it in the long run.

Land Budget

Last week, as the season came to an end, I experienced a good increase in earnings. I received an extra $17 from end-of-season rental DEC and Chaos Legion packs in the reward chests. With the Land 1.5 release still about a month away, I believe I have ample time to gather the remaining funds required to purchase another Land plot.

The Land Market

While the crypto market remains highly volatile, the same cannot be said for the Land market. Unfortunately, most Land plots are experiencing decreasing prices. A few weeks ago, I thought I got a good deal by purchasing a Magical Land plot for $145. However, the current trading price for Magical Land plots has dropped to $110. On one hand, this makes it more achievable for me to acquire another plot of Land. On the other hand, the continuous decline in Land prices since the market's inception is concerning. I still think Land plots were overvalued when Land market was released, and now they seem to be finding a more stable price floor.

To provide some perspective, another play-to-earn game I play, sorare. Earlier this year, the English Premier League (EPL) license was finally launched on the platform, which many predicted would skyrocket the value of NFTs on the platform. However, the opposite occurred. The market became flooded with more cards, leading to a crash. Now, I'm not suggesting that these two situations are identical, but it does make me wonder: will the release of Land 1.5 after almost two years result in a surge in prices, considering the current crypto bear market? It's difficult to predict. One of the challenges of being in the web3 play-to-earn space is the constant oscillation between investing in a game with expectations of a return and playing the game purely for the enjoyment of gameplay. Nonetheless, I am here for the long-term.

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