Everytime the season nears its end, players new and old flock to the in-game market looking to rent out good cards that will raise their power and help propel them into a higher league. Owners of these valuable cards should notice the sudden interest for easy gains.
Renting is a relatively new feature in Splinterlands, being introduced almost three months ago. Here is the original post by the official @splinterlands team!
Many players with a vast and valuable collection rightfully take the opportunity at hand and list a grand portion of their cards for rent on the market. These users can potentially net hundreds of dollars in even a single day. For example, any player with a gold foil legendary can currently make a minimum of 74 DEC a day... off of a single card. This number climbs to even 25,000 DEC a day for the rarest cards. 115 DEC will (at the time of writing this) land you about $0.95 in passive DAILY earnings. Now consider the fact that if you have one of these cards, you most likely have more. Say you list 500 cards that average 3 DEC a day... this will net you 1,500 DEC, or currently about $12.39 USD a day.
Both screenshots provided contain listings on PeakMonsters.com (@peakmonsters)
The renting market absolutely booms in the last day of every season. Even before, for any decently valuable card, I would have told you that renting out your unused collection would provide you with much more income than simply selling it off.
Firstly, depending on the sale value in comparison to the rent value, you could easily make the sale amount in a few days/weeks of renting out a card. Some have a much higher rent value than others, and I have personally been capitalizing off of this, as I am renting out some of my rare cards that go for as much as 1 DEC a day, while I may leave some others of the same rarity that go for 0.1 DEC a day and sell them, to then buy multiple cards with those earnings to multiply how much I'm profiting off of the cards and maybe even gaining a little extra power in the process. Obviously, my numbers are quite low compared to the potential I previously described, but it's only natural for a relatively new player like me to not have much value in their collection yet. In due time, though lol.
Second, like I mentioned before, in the last day of the season players rush to the market to raise their power and rating before the season's end. This inevitable influx is great for the owners of these cards, as they can simply list off their unused cards that have even a decent value, and the saturation of the market means that they are most likely able to rent out these same cards for much more than before.
Third, even as a new player you can still rent out your unused cards for a small, but effective passive income. The less you have, the more a small increase will be worth to you. I recommend listing any card you are currently not using for rent, and then don't worry about it! Aside from checking in here or there to see if you need to update your prices, it is effectively a stream of passive income that you put in a small amount of initial time to set up, and you accrue DEC daily. Cards you rent out to others are still considered a part of your collection, even if they aren't counting to your immediate power. This means that your rented cards still earn you the extra SPS airdrop points from your overall collection power (not to be confused with rental cards i.e. cards you are renting).
And finally, as a surge of new players are entering this game daily, there are many more buyers on the market. The official Splinterlands team recently announced that they have been receiving over 10,000 Spellbook purchases a day! Just between last month and today, my matchmaking is almost instant now, compared to waiting maybe 20 seconds or so before. There are many more people looking to rent and boost their collection for the season than ever before, so I'd advise you to hop on the wave and rent out some of your cards to these new players. It even also helps the community in a way; buyers receive their power bonuses and thus higher rewards, renters receive a daily passive income. Huge win-win for everyone!
Both screenshots were obtained from Google Trends
I say players can make well above the average salary in many countries by renting because many players who have been around for a while now and have built up a collection and are currently earning $200+... every day. It is possible for these players to earn thousands a month, simply by listing unused virtual cards and going about their day.
=========================================================
Check out some of my recent well-received and informative posts!
- Everything You Need To Know About Chaos Legion and Presale - Splinterlands Post Summary
- Why Splinterlands Is An Incredible Investment In 2021
- Blogging About Splinterlands Is Helping Me Pay For College!
- Why I Believe Ecency and TipU Are The Two Go-To Accounts To Delegate To
- Here's How You Can Earn Real Money On The Hive Blockchain!
- SPT, SPS, and The Future, Oh My!
=========================================================
Also, if you are new to the game and haven't started yet, consider using my affiliate link to sign up! Anyone who uses my link will receive a 100 DEC bonus sent from me to their in-game wallet as a thank you!
If you have read this far, feel free to follow me for consistent posts and updates! I put a lot of time and effort into these posts and your support is extremely motivating!!
=========================================================
Check out my Instagram!
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Nice information you have here. I have some low valued cards, been skeptical to rent them because I feel no one will rent them because of how low and common they are. But I will rent them out right now.
Its insane how much DEC can be earned from renting the last day of season. Everyone looking for power to move up a league or two.