Splinterlands is Ready to Rise Again

Splinterlands is among the top companies that have achieved the highest percentage of revenue growth between 2019 to 2022. I think this is an exceptional achievement in the crypto ecosystem because it requires the project to be both a veteran one with several years of operation and they need to multiply their revenue over time.

Splinterlands reached 2,240% growth within 3 years as a gamefi project. I believe it is one of the first projects that has been named as "gamefi" platform as this is a new term for the gaming industry. As a company and a blockchain based game, it has a strong reputation among the crypto communities.

Also, Splinterlands had long been the leading Play2Earn game with the highest daily active player rate on DappRadar and Dapps. This is a highly reputable achievement for a game that is not on Steam or any other gaming platform.

The leadership is hard to sustain in the crypto ecosystem as the bear market hits the hardest. The Play2Earn mechanism requires investment appetite of the existing gamers and also there should be more supply, of new players so that the inner mechanisms work functionally as they did before. Meanwhile, the value of gaming assets keeps dropping because of the loss of value in the crypto ecosystem.

Even though we have been in that harsh period since 2021, the developers never stopped growing Splinterlands. As it refers to the name of the game, there are some "lands" where strong monsters were born and fed to fight in the battles. Actually, the game has been around for 5 years but the real experience is going to start when Lands 1.5 and Lands 2.0 updates are implemented.

The Readiness Level to Lead Play2Earn

Actually, there are some opposite ideas regarding the last performance of Splinterlands and the possibility of leading the Play2Earn ecosystem with the highest number of daily active users as before.

First of all, while there were 5 million daily transactions of Splinterlands, we need to praise Hive blockchain for the perfect operations 😎, the number of games was limited. The players were spending time on Splinterlands, Alien Worlds, Axie Infinity, some city games, and Illuvium.

Now we have tons of new games in the ecosystem. This is nothing surprising, right? Also, we have Gaming Blockchains such as Fusionist and Oasys which are going to launch tons of new games when the market conditions get better. Of course the more games in the ecosystem, the less attention will be on veteran games. However, I think the maturity of a game will be a critical factor.

I was too bullish about Alien Worlds as I expected the team to launch a real game rather than a clickable DeFi. Unfortunately, the team has not made it ready. On the other hand, Illuvium, Splinterlands, Sandbox, and many others have added brand-new features to the game. It is almost impossible for a new project to have such a thorough story of a game if they are not on the project for many years.

Reputation 🤝 Development

Leading the Card Games & Being Alternative

This is one of the strongest side of Splinterlands IMHO..

It is still the most reputed blockchain-based card game with amazing gamification behind it. The plot, NFTs, balance of assets and several other factors are genuinely designed. Still, Splinterlands is the best choice for card game lovers.

Also, I care about being a solid alternative for Magic: The Gathering, YuGi-Oh, and Hearthstone. If a card game lover wants to keep his / her assets on blockchain as s/he plays to earn, Splinterlands is a well-known alternative that is learned by people for several years. The only criticism Splinterlands faces is the outlook of cards and battles. Some gamers expressed their feedback based on this factor. However, it is pretty easy for the team to change it easily compared to the hardship of setting up such a solid game 😉

I know many people are concerned about the price of SPS, DEC and assets. However, it is not only for Splinterlands if you check the market. Alien Worlds is traded for 1 cent, Axie is only $6 from $160 in bull market. Tokens lose value easily as they are the first ones to be sacrificed. Yet, it does not mean that they will never come back stronger!

Hive On ✌🏼

Posted Using LeoFinance Alpha