Lets Talk SPT
Its been awhile since the SPT Token been traded to any meaningful degree but there was a time the token was in high demand. Some of you OG's of the HIVE Network/ Splinterlands game will know the following information but regardless who doesn't like to reminisce. For those who might not know or remember the introduction of the SPS Token (Splinterlands Governance Token) came roaring with a historic year long airdrop based on held Splinterland assets. One such asset was the SPT Token. For every SPT held one earned a small but meaningful amount of airdrop points (Which gave a daily SPS drop). This caused the SPT token to hit its all time high in USD value and opened the flood gates of trades for SPT. Of course that is all over with now but such events does show the potential trade value that SPT holds. Aside from being a blog token that rewards SPT to bloggers who create and/or curate you can also trade the SPT Token for NFT's on the official Splintertalk site. Official Splintertalk Site ---> https://www.splintertalk.io/nfts/
Recent SPT Trade Orders
Potential Future Value
So now what? Why has the token trade value tanked? The answer is simple, there is plenty of SPT and not enough demand/ usecases. However as we hinted at in our opening paragraph I believe SPT still holds huge potential and the SPS airdrop showed that. If this token ever does get implemented in the game somehow I believe we will see the trade value increase. This isn't a far fetched idea that might not come to fruition. At one point in-time the Splinterlands community was rallying to do just that. Those roars have timbered down to a meow but that doesn't mean the possibility is completely dead. I don't envision it will happen in today's landscape but if the game can hit another bull run who knows what might happen. Pictured below you will find some of the amazing artwork/ NFT's that are available for trade using the SPT Token.
---> Trade Location: https://www.splintertalk.io/nfts/
The @rentmoney blog is for entertainment only and contains no financial advice. Always do your own research before investing any of your hard earned currencies. Image One (SPT Graph) and Image Two (SPT Trade Orders) are screenshots taken from TribalDex. The third image is a screenshot taken directly from the official (unofficial) Splinterlands blog site known as Splintertalk. Trade for SPT Today at TribalDex: https://tribaldex.com/trade/SPT. Now lets highlight some Splinterlands content posted to Splintertalk.
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What Is Splinterlands?
Splinterlands (SPL) is a play2earn game hosted on the Hive Blockchain. The game hosts a multitude of assets that have real monetary value that can be traded within various markets including but not limited to the games very own onsite marketplace and TribalDex.
Lets Hear Your Thoughts On The SPT Token Below In The comment Section. Are You still stacking, Holding and Hoping? Earning and trading or even possibly ignoring?
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Posted Using InLeo Alpha
I honestly don't think there is any reason to believe SPT will be incorporated into the game. I haven't heard any suggestions about that at all.
No recent or even remotely recent suggestions and/or indications have been given that SPT will be added to the game. However there was a time the potential of such was a hot topic for a minute. Who knows what the future might bring.
I've been staking it all along, just hoping they'd do something with it. I should've sold it during the SPS airdrop, though. It was worth a significant amount then. Now, it's worth like $30.
I hear you, I held and stacked mine as well.
Maybe it Splinterlands gets bigger, blogging about the game will get more relevant again and the token can recover.
An influx of new players certainly would help :)
SPT token is one of my favorite HIVE layer 2 tokens. I am currently holding SPT tokens and trying to accumulate them. With the current cheap price I might even consider buying some
Posted using Splintertalk
I stack mine as well. Accumulating some here n there through post rewards.
Thank you for your reply and for explaining your vision on the SPT token.
Posted using Splintertalk
I just unstaked and sold most of my SPT tokens, I kept a few tokens also.
I don't think they will be doing anything productive with SPT Token anytime soon, and anyways, if they manage to get value behind that token, then it would mean that SPS and Cards would have mooned by then already.
!BBH
All fair and valid points that I agree with.
I remember trading SPT on my flip phone. Ah the good old days.
@rentmoney! @tsnaks likes your content! so I just sent 1 BBH to your account on behalf of @tsnaks. (5/5)
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