There is a lot of debate right now on the interwebs about how fast the Chaos Legion packs will sell out during the general sale. I think I have an answer.
Gank and I have talked about it a lot on our Twitch stream, and he thinks that the packs will sell out in less than a day... he's even said within hours.
I've been on the side of 3 days, but after thinking about it while we watched my daughter's favorite, a Cinderella's Christmas Story... I figured out something.
When packs hit the market on December 8th, we will start to paint the picture. If the value of the cards inside of the pack exceeds $4, and holds for the duration of the pre-sale events, then Chaos Legion will sell out in a day.
People will see that the cards are a can't-lose situation. If the average pack is worth $5 and costs $4... then people will spend whatever they can on $4 packs. Plus they know that they could get lucky and hit a legendary or gold or even a gold legendary!!! Those are going to be worth at least around $100 or so.
It's like buying a lottery ticket and you know every one is a winner. Just how much can you win?
I am very active on VeVe, a digital collectable app, and they have drops that sell out with 70K comics in less than a second. It's insane how fast.
The people on VeVe know that if they buy that comic, they will be able to sell it for more than they bought it for... guranteed. But they could hit a Secret Rare worth 500-15,000 bucks.
With roughly 20% of the cards coming out before the general sale, that won't be enough to satisfy the demand. Players will be leveling up their cards in order to compete. A lot of people will put them up to rent. Demand for rentals will be high in December as players want to try out the cards before they buy them.
I expect to see the average pack to be worth at least $5-$6. Mainly, because the demand will skyrocket when people start getting beat with the new cards. If this is the case, Chaos Legion will sell out in a day.
Thanks for reading. Let me know your thoughts in the comments below.
Cant wait to see how this all plays out! fomo will kick in when players start seeing people open packs and new cards in the market. Prices will be high for December.
FOMO is going to be real, you're right!!! I'm buying packs now for under $8 all day. lol
Hi Keys, for me It's like a cheap IPO in the market and have been introduced in a while and have a presale event of a total of 3M packs, $4 is a joke price that people don't want to buy in and if the demand and number of users active are now 500k those 12M packs left in the general sale will be swipe fast within the day max. Yeah if one of the active users is willing to spend $100 min, then that said it all and I'm afraid 80% of the people will not only spend $100 min on the general sale, I myself saving money already to add more packs soon. So good luck to all!
It is going to be wild. $4 does seem low for sure.
I'm focusing on picking up as many packs as I can right now. I have a feeling they will go up in value leading up to the 8th.
It is going to be fun!!!
Thanks Zask
Yeah bud, I cant wait any longer, been dreaming about it already LOL!
with the given details, if everything goes well, we can buy on january 6?
That would be great, but I think it is going ot closer to the 13th. There is an extra week after the second pre-sale for people to redeem vouchers. I like the 6th better. lol it is closer.
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Thank you!!!
Hello, I am curious about the security of Splinterlands, I've found several accounts of people losing everything out of their in game account and not thinking they did anything wrong. It doesn't look that secure to me either... Do you just keep all your assets in your in game account? Changed your password? Store on ETH or BSC?
Good question. do you use Hive Keychain?
is keychain secure?
Oh my goodness, I never saw this, I'm sorry!
I do use Hive Keychain, I've found out quite a lot since I wrote this, will be updating soon!