Splinterlands | Crypto Play to Earn NFT Metaverse Revolution

The nft sector is constantly evolving For example on the 14th of october theta Network covered the second position with A market cap of 7.5 billion us dollars This left behind other comparable Projects such as decentraland and the Sandbox which we covered in yesterday’s Video these two respectively have market Caps of about 4.1 billion and 1.6 Billion dollars some of these figures Would have been unthinkable even just a Few weeks ago but this is cryptocurrency And things evolve rapidly right now we Have our eyes on what very well may be The next theta network we think it’s a Project that has massive potential and Has everything it needs to really Achieve incredible growth and this Project is splinterlands the next Generation of collectable card games It’s a play to earn game in which you Can be a professional gamer winning Rewards and tournaments and quests its Token is sps which went from about 22 Cents in october to an all-time high of Over a dollar just a few days ago that Is a 340 Growth nowadays sps as you can see at The time of this recording is trading For around 48 cents with a market cap of Only 83 million dollars as you can see The 24-hour trading volume is about 3.2 Million so why do we like this project Has the token sps reached its true

Potential or is there much more room for Growth we explore all this and more in This video let’s get into it [Music] Hey guys my name is matty and we are Altcoin buzz a crypto investment Research company we are very proud to be Able to say that we’ve been in Cryptocurrency now for a number of years And quite frankly we’ve been making Millionaires in this space since 2017 Not by accident either we’ve been very Careful in terms of many traceable very Public bets that we’ve made on massively Successful projects such as ethereum Binance cardano crypto.com engine matic Network chili’s quant network polka dot Uni swap and many many other 100x Projects So if you don’t want to miss out on the Next potential altcoin moonshot be sure To like this video subscribe to our Youtube channel altcoinbuzz and also hit The bell to receive notifications that Way you are alerted every time we Publish new content but if you want to Go to the next level and gain access to Our early research tips on the next 100x Cryptogem then you need to be part of Our paid membership program which is Called altcoinbuzz access we’re proud to Say that this is now live for all of This information you can find links in The description

Below just before we get started with Splinterlands guys as a reminder none of This is financial advice whether it’s Cryptocurrency or traditional wall Street investments any kind of Investment carries with it a Corresponding risk be careful do your Own research your own due diligence Research as much as possible but even if You spend 100 of your time researching The risk associated with trading never Quite goes to zero just a disclaimer and As a reminder not financial or Investment advice all right with that Being said let’s discuss splinterlands And why we think it is a very high Potential project okay so splinterlands Is a digital nft that’s non-fungible Token game built on the hive blockchain It’s the digital version of magic the Gathering or yu-gi-oh where you have to Develop a collection of cards that have Different stats and abilities also with Corresponding rarity it’s a game that’s Available on desktop and mobile devices But the difference is that blockchain Technology lets users buy sell and trade Their digital cards freely and securely Which also means that every transaction In splinterlands is recorded publicly And of course is immutable something Very important to consider when looking At splinterlands are the variables Associated with identity and data

Governance so splinterland has its Native token called sps which we saw a Moment ago which will let users Participate in governance decisions in The future by staking sps tokens and the Splinterlands website will be updated With a new page that will give a User-friendly interface for reading Developing and voting on these kinds of Governance ideas here are some examples Of some elements that could very well be Programmed into the governance system as Time goes by so for example Splinterlands sponsored tournament Schedules settings and prizes card Balance updates quests seasons and Leaderboard rewards battle settings such As time limits mana cap Rule sets inactive splinters that kind Of thing and dec inflation pools and There are a whole bunch of use cases as Well inside splinter lands there are Seven specific tabs we’re looking here At shop this is where you can buy any Kind of item so packs lands potions Maybe even skins you can buy these with Payment options like gift cards paypal And cryptos such as hive bitcoin Ethereum litecoin and of course others Here we’re looking at the open tab this Section works to open a card pack in Your card inventory and here’s the Market where you can buy a large variety Of cards in this section you’re also

Going to be able to see the other three Authorized websites where you can trade Your purchased cards that was the market Here’s the cards section specifically Here you’re going to find all of your Available cards other collectibles and You’ll be able to find card packs as Well here is the battle section and this Is where you can actually learn to play In a kind of trial by fire kind of way Really learn how to play splinter lands It’s also where you can see all kinds of In-game statistics and here we have the Event tabs you can see all the different Tournaments that are listed so this is Worldwide here all the worldwide Tournaments are listed and details about Them are also available so this is Definitely a section you’re going to Want to keep checking into and finally Here we have the guilds tab this is a Section that allows you to see the General rank of different users that are Associated with guilds okay so let’s Talk value proposition in the continued Growth of the splinterlands ecosystem The team recently unveiled the chaos Legion expansion card packs splinterland Has debuted a new scalper and bot Protection mechanism called voucher to Ensure fair distribution of the new card Packs splinterlands has also devised a Unique voucher method to fight bots and Scalpers all players must have equal

Access to chaos legion the team created A new voucher token rather than selling The packets all at once and leaving open The possibility for them to be purchased In bulk by a select few which we think Is a great move and a great decision Mechanically speaking every card pack Purchase will need the payment of four Dollars and one of these voucher tokens And vouchers can only be obtained by Playing the game and staking the sps Token so this guarantees that the cards Are distributed to players actively Participating in the game Rather than bots and scalpers so again a Nice mechanic to implement here to make Sure that the distribution is more Meritocratic and fair and finally thanks To the rapid growth of the platform Splinterlands seems focused on improving Security with these three decisions Number one beginning on the 4th of November all the accounts will require Their active key to make any transaction Number two players will have to link an External blockchain wallet to their Accounts and finally number three Players won’t be able to log in with the Master password splinterlands has also Enjoyed some pretty positive updates as Of late in the news now for example Pancake swap users can stake cake that’s C-a-k-e and earn s-p-s in return which Is the splinterlands native token also

There’s an update about the sps minting On the binance smart chain however on The other hand splinterlands is Improving its apis to make its website Operate smoothly and without Interruption that’s a bit of a less sexy Update but one that is still important In terms of the integrity of the website And that behind the scenes kind of stuff And in addition the platform made an nft Drop collection called chaos legion with 100 exclusive collectibles which were Inspired by the halloween spirit and Check this out here’s a story that you May or may not have seen it was covered By nasdaq.com a few days ago one Particular user put in ten dollars into Splinterlands and that investment ended Up being over seventeen thousand dollars Yes a couple of years ago taylor Carmichael he discovered lands and Started playing it for free at that time He paid about ten dollars to get access To the entire monster library and after Playing it for two years his cards are Now worth seventeen thousand dollars not A bad investment and then we have to Talk about the dow angle the Decentralized autonomous organization so A series of smart contracts will be Issued on the binance smart chain Platform to set up the splinterlands Token as a dao a decentralized Autonomous organization the ethereum

Blockchain was actually initially Selected by the platform for the Governance token however as we all know The gas fees and the congestion have Been through the roof recently and Therefore the team felt that they’d be Limited in terms of what could be done With governance token contracts and the Number of people who could participate Hence the move to binance smart chain Users will be able to stake their sps Tokens in the smart contracts once they Have been built and distributed at which Point they will be utilized for Governance voting in the dow all Elements of how the token and related Smart contracts work will be altered by A vote of staked sps holders and the Splinterlands token will be 100 Controlled and managed by the community Of token holders and all interactions Between the splinterlands game which Runs as we mentioned on the hive Blockchain and the sps tokens which will Run on bsc all those interactions will Be handled via an oracle system time now To discuss tokenomics so sps is the Splinterlands governance token that will Be implemented into the platform to Provide players asset owners and other Stakeholders with increased Decision-making power and influence over The product sps tokens will be issued And unlocked according to a

Predetermined timetable that will span Roughly 65 months from the date of the Token’s initial distribution so a little Over five years the maximum total supply Of sps tokens will not exceed 3 billion All of which are planned for allocation Let’s talk about growth and longevity Prospects so according to their roadmap In q4 of 2021 which is where we Currently find ourselves the governance And land expansion rewards will be Launched also in q1 of next year 2022 The binance smart chain contracts the Dao and oracles will be launched Simultaneously okay let’s now consider Competitors in this space splinterlands Does have some strong competitors of Course inside the nft game sector likely Names that you’re familiar with such as Axi infinity avegachi many others of Course however what makes splinterlands Unique is the fact that splinterland’s Market gives users the ability to access Nft cards and other items via paypal or Crypto so the optionality there is a Pretty good advantage and there are also Third-party markets like peak monsters Monster market and card auctions.com Which will together offer a wide variety Of nft cards and choices users can rent Nft cards inside the market and in peak Monsters as well okay so we’ve painted a Pretty rosy picture so far but are there Any risk factors to consider let’s go

Back and consider the token sps has an Approximate 84 million dollar market cap With 24 hour trading volume of about 4 Million Overall these are still relatively small Numbers especially for cryptocurrency And especially for an nft game which is Still a project that has a long way to Go at least that’s how we see it and for That reason we recommend that you remain Cautiously optimistic about this project It’s ranked in the 500s and there’s a Lot of runway ahead of it in our opinion So there you have it guys our thoughts On what very well may be an early Altcoin gem in the nft blockchain gaming Space splinterlands if you’re familiar With this project let us know your Thoughts about it in the comments below Again this video is not financial advice We’re conveying our own enthusiasm and Sharing our excitement for you because We do feel that this is a potential Moonshot project that has a lot of great Things that are yet to be really you Know coming into fruition if you enjoyed This video guys be sure to like Subscribe to altcoinbuzz and hit the Bell to receive notifications if you Want to have access to our insider Secrets don’t forget to check out Altcoinbuzz access our premium service Information about that can be found in The description below check out these

Other videos guys which should be Popping up right about now best of luck If you do choose to invest and as always We do up to you again soon in our next Video take care You