Daily Crypto Markets Live Blog: Splinterlands and Axie Infinity Content (09/08/21)

in LeoFinance3 years ago

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

Stay Informed About LEO!

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Just finished watching CryptoManiacs Podcast ft. Khal. Another amazing episode with some (a lot of) LEO Goodness. You are in safe hands when your hosts are Task & Jon because they extract every drop of sweet sweet nectar from the minds of the guests. 😂 Took some notes for everyone but I would highly recommend you to watch or listen the whole episode for a better experience:

  1. We are getting LEO Mobile App because of #ProjectBlank is planned to be first released on mobile. LEO mobile app will be forked into the PB mobile app and we start from there.
  2. PB App will look similar to Twitter obviously with the Lion's touch. You will be able to share your BLANKs on Twitter with one click just like you can do with Leo Finance posts.
  3. Project Blank is just the codename. Real name of the app is still a mystery to us.
  4. Hive 'Lite Accounts' coming via Leo Finance and PB Apps. We can onboard straight from Twitter with "Login with Twitter" button.
  5. You might be able to store your Tweet history on Hive making your content immutable. Safe from Twitter bans.
  6. Leo Finance mobile app with core features is planned for release on 1st Oct. After 2 months the web app's UI will change as well and it will be similar to mobile versions (iOS & Android)
  7. Leo Finance's operates on this commanding principle: Create depth and width for the community. Width - Increase the no. of users. Depth - Provide enough opportunities for the community members to stay.
  8. 3 More IDOs in Progress with finalized deals. Khal is already in talks with other projects for the 4th and 5th.
  9. PolyCUB IDO is also coming that will expand CUB Finance to Polygon Network.
  10. IDO architecture has been updated. BUSD will not be used. A post is coming on this one.
  11. Leo Finance Whitebook is coming? White paper wasn't enough. 😁

Really excited to see the new mobile app. 22 days left until release!! It's going to be a 'game changer' for all of us involved. Do you think there will be a new token? I wonder if there's going to be an airdrop coming with it.

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I'm excited about the new mobile app also as this is my main form of engaging and access. There have been a number of issues present in the UI at times and having a dedicated mobile app is fantastic.

Yea and they plan on rolling a project blank mobile app when it gets released. Let's hope it comes out by the end of the year.

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Going by the track record, I would add a few more days to it. So that it wouldn't hurt when it doesn't come out on time. Maybe add a month. Should be out in January 2022. 😁

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I think the development is clear, at least with these few projects, that they know what the time line is. Watch the mobile app, if it hits the market on Oct 1, then they are sticking to schedule.

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I think the new framework is really going to help with the mobile experience. Not really my thing but I believe it's very important for mass adoption.

Even more so when we get #ProjectBlank. I believe something like 80% of the traffic on Twitter is through mobile devices so yea, pretty important for micro blogging

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It seems that it will make life easier to build upon. So new additions and even projects could take less time.

Using a lot more copy/paste.

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Also, very easy to push out updates. It makes sense to keep all the versions in sync while adding new functionality. Saves the development effort too.

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I always use LeoFinance.io from my mobile browser to keep checking on my notifications and comments.

With the mobile app, you can get notifications on your phone so it's going to be great.

It will definitely increase the time spent by users on Leo Finance. So that's a huge win!

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That is a big deal. The more time on site, the better it is all around.

We will see. Only 23 more days until it is suppose to be released.

Only a few more weeks.

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I think it will increase engagement. I use desktop for my interaction but I would make some comments and do some reading from mobile if I could. My eyes arent what they use to so it would be an improvement for me.

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Mobile friendly will capture a whole new cohort of people (millennials) which are also leading the Crypto push. So it will be interesting to see what happens

Agreed. I dont think it is the end all, but a nice step in the right direction. It is sorely needed and I am glad the team is bringing it out.

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100%. As soon as people get a notification on their mobile about their friend posting his new FB picture, they go and check it.

Similarly, people would want to be alerted for new posts, comments, upvotes etc. It will keep them on track even on the go.

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Yes it is if it is an easy-to-use application, it is fast, it is a precious and practical tool

The new mobile app is going to be sweet. Great for adoption. People like to install apps, especially those that have the potential to make you money right away.

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And I think we will begin to see Hive further progress into the world of social media. It is going to be amazing.

Hive is the best decentralised social network without a doubt. Only good things are coming! ✌️🚀

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I am still convinced that #ProjectBlank will instantly put Hive on the map with all of the crypto community. It will be something when that rolls out and people are able to use it like Twitter.

That will spread quickly.

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I think so too. It's gonna be a one of a kind type of project

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This was quite comprehensive. Appreciate the effort. Looking forward to the Leo app. I think it will help increase the number of active users. Plus, Leo Dev team have a history of coming up with beautiful interfaces

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Thanks a ton, mate. We could really use a good interface. No hard feelings for the current one but I like to see changes happening. This one is going to be very exciting.

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Wow thanks for this summary. Currently listening to it and getting excited !!!
Thanks @finguru

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You are most welcome @vlemon. Cheers! ✌️

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It was a terrific show and Khal certainly has big plans.

Sadly, we still have to be a bit more patient. LOL

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I agree we still have to be patient, but when you think about how far we've actually come in just the last 9 months, it's pretty crazy. It's not like we've been waiting years and years. In all reality, things have been happening very quickly in the grand scheme of things. Another 9 months and everything could look completely different again.

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I can wait for another year for these things to happen. Would like to use good working products so that I can show them off to my friends. Maybe they would find something interesting and finally leap into crypto. 😁

Really happy with the development so far. If we go any faster, maybe I won't be able to keep up. So much is happening.

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I think a year from now will blow your mind where we will be. Think about where we were a year ago.

That is how far things came in a short period of time.

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Yes, growth is going to be exponential as we move ahead. I am so excited about Hive becoming one of the major superpowers of Web 3.0

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Taken to another level, Hive is only 18 months old this month. 1.5 years ago it forked.

So even on that scale, we came a long way in a rather short period of time. Where will this place be in March 2023?

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It's actually crazy to think how far we've come in such a short period of time. As I've said in the past, the financial energy percolating just below the surface of HIVE and LEO is immense. #Splinterlands is blowing up but their in the process of doing a year-long airdrop (which I think is pretty genius, by the way), but it is certainly keeping the price down. Once HIVE and LEO start breaking out, there is really nothing standing in their way from making a BIG run. There are obviously lots of tokens in circulation for HIVE but measuring it monetarily, it is still very small. $288M and #207 on CoinGecko right now. For some perspective, there are currently 97 coins/tokens valued at over $1B. HIVE should really be a top 100 coin at a minimum in my view. That's a 3-4x from here, just to get in the ballpark. $3-$5 is where it should be sitting now IMO. And it can run from there when some of these other projects start coming out...

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Thanks for the summary. Looking forward to seeing what changes have been made to the IDO structure. Also, that "Login with Twitter" feature is going to be a gamechanger for sure.

A lot of great stuff coming. Couldn't be more bullish on the Leo ecosystem right now.

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Also, that "Login with Twitter" feature is going to be a gamechanger for sure.

We need lite accounts. Newbies can learn about Hive and its complex key structure later on. First onboard them and give them basic functionality and then for extra transactions, they need the damn HIVE account. Chances of conversion are much higher once they start using the app.

Couldn't be more bullish on the Leo ecosystem right now.

MOON wen, Jerry? 🙏

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User experience is everything. If you don't cater to them they will go somewhere else... Sad but very real problem.

As for the Moon, as always... Very Soon™

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User experience is everything.

I agree with you on this. That's why the rise of Layer-2 scaling solutions and other Layer-1 solutions. People have already gone to Polygon, BSC, and other chains for development because they provide better UX and attract more users.

They will stick to Hive, LEO, and their DApps, only if the teams deliver top-notch quality products.

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There is a lot of reason to be bullish on both LEO and HIVE.

Exciting times for sure. A lot is being fed into this ecosystem from both the user and developer perspective.

We just have to give it a bit more time for things to start coming together.

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I just watched it as well but you can find the LEO post too. It looks like they thought about things carefully for LeoFinance.

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Thanks a lot, J. I updated my comment with the LEO Link.

Yes, Khal has a long-term vision with this. Great to see us coming so far, yet there is so much to achieve. 🚀

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This is awesome, thanks for doing the recap!

I'm thrilled about the mobile app, especially being on iPhone lol

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You are welcome Jon. :))

The mobile app is going to be a killer addition to Leo Finance's suite of DApps.

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Thanks for doing this!

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You are most welcome, Dane.

Going off topic. Is there anything left in Avalanche? I am thinking of doing a 'Polkadot vs Polygon' comparison but I am burned out for that now. Will take some time to do it. 😁

I could use something new. Let me know!

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  • Should I buy Avalanche crypto (AVAX) in 2021?

This one is our last unclaimed from the core subheadings.

Would be great if you could do that for us :)


Also, the 'Polkadot vs Polygon' comparison sounds good too.

Keep them coming!

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Awesome. I will get on it asap. 🚀

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Hi @leomarkettalk!

I'd like to introduce you to our new project coming to Hive this September.

Lootjoy is a provably fair and transparent gaming platform powered by the Hive blockchain that allows its users to win NFTs from a wide variety of popular collections across a selection of major blockchains. This Septmeber we'll be giving our players the ability to win a selection of Splinterlands cards from our exclusive loot crates.

You can find out more in our introduction post:

https://peakd.com/splinterlands/@lootjoy/introducing-lootjoy-provably-fair-nft-loot-boxes-built-on-the-hive-blockchain

Keep up to date with our launch by following us on Hive or Twitter


Join us on Discord here

Sounds quite interesting. So are you affiliated with @splinterlands? We will have to find out more information. Thanks for coming by to introduce yourself.

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Fantastic! It's great to see new and emerging projects on Hive Block Chain. We have a fast and capable system so it's wonderful for gaming.

Welcome

The floodgates are starting to open.

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Looks pretty good. I like Hive more and more.

It gets more exciting around here.

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Yes, it matters if there is emotion to become attractive.

Definitely going to pay attention to this when you release it.

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Cool! Some of us found that post the other day and we were wondering what it was all about. Thanks for dropping by

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YO! we need more info. Always wanted to be an NFT looter. 🚀😎

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NFT também me parece bem vamos ver.

NFT looks fine to me too let's see. Looks good too I'll line up.

Yeah, man. It looks great. Virtual looting sounds a great idea to me. No one gets hurt.

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Hey @lootjay, thanks for dropping by. This sounds like a really interesting project. Is there a website already? If not, any specific launch date?

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I saw it the other day. I know that prices change over time so will you also be considering prices of the lootbox to change as well?

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Cool! i'm still new here but it seems like a good place to hang out!

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Welcome @dokudot!

It's a great place to ask questions and engage with the community so feel free to join the conversation!

Aso, we're having a contest this month so you can also win prizes for your engagement!

You check the rules here

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Welcome to @leomarkettalk. @tfranzini gave some great suggestions to you.

Feel free to just jump right in.

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Welcome @dokudot. We are always happy to see new names coming to hang out!

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FOR COMPLETE INFORMATION

on this weeks Play-to-Earn Gaming Discussion, please click here. (I'm too damned tired to re-type it!)

Remember, the goal of this discussion is to increase engagement (comment count) during normally slow time periods during the weekend.

We had a decent test run this past Saturday so notice of the event has been expanded. Hopefully we'll have a great turnout with lots of comments and lively discussion!

P.S. the Prize got better too!

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Yup your adding some DEC to the mix...maybe people will get some SPS airdrop points.

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Just trying a couple new things to try and get more involved!

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Awesome man! This Saturday is going to be a busy day but I'll try to make an appearance!

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Please do. Right now continuation of this 'thing' is all about numbers!

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A great initiative.

There are ways we all can increase what is taking place. It all does build which is fantastic.

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For all who are playing, or are interesting in playing, @cdrops, here is a tutorial you might find helpful by @libertycrypto27.

https://peakd.com/hive-131619/@libertycrypto27/dcrops-tips-for-begginers--my-dcrops-fall-strategy-la-mia-strategia-su-dcrops-autunno-engita

Give it a look and hopefully it helps with your endeavor in that game.

I am curious how it rates with Farmville which we know was huge on Facebook.

Blockchain gaming and #play2earn is going to be huge.

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Very comprehensive guide

And also, I don't know they were planning on adding quests and that was good to find out

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Yea I didn't know about that as well...but for some reason, I just don't really feel like playing it right now.

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I think you meant dcrops not drops lol. Also that post exists on LeoFinance and here is the link.

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Ways to protect your Splinterlands asset. Feel free to do so on some of your more expensive cards.

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That's interesting information. I didn't know about any of those options.

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Yea and it looks like locked cards can also be rented out to others. So I don't see any reason not to unless you plan on selling the cards. Even then you only need to wait a for a few days.

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It may be a #Splinterlands day, but Bitcoin is definitely still in the news.

Buying on leverage (or shorting, for that matter) is just flat-out crazy when you're talking about an asset that can move 10-20% in a day on a fairly regular basis. Another example of traders getting rekt...

Analysts point to overleveraged traders after Bitcoin flash crashes to $43k

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Leverage trading, from what little I know, is a very dangerous game. If I go to the casino I don't borrow money to gamble, simple as that. But that is how Sarge rolls. To each their own I guess.

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I think the same way

I guess the big boys make money from that, but not for me either

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It is one thing to gamble with your money, another to go to a loan shark and use his.

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It definitely is. The larger the risk, the larger the returns.

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DCA is the best way to invest in Bitcoin for long-term gains. Trading is so risky when you deal which such volatile assets aka CRYPTO.

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Volatility is a trader's best friend, as long as on the right side of the trade.

Shorting is a money make, or you can lose your ass.

That is not for the inexperienced and those with weak constitutions.

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I make sure to stay away from that becuse I don't even understand what it fully means lol

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Shorting is betting that prices go down. Basically you borrow BTC and promise to pay back the lender later. If BTC goes down, you buy back BTC and give it back to the original guy so you make money. However shorting has unlimited risk because if BTC rises 100x, you basically lost 100x your initial investment.

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Good. Point of view very explicit. I agree

AH okay, it makes sense

Yea, not for me indeed

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It's definitely a day traders best friend but I don't really like day trades and prefer swing trading over that. I don't think I want to watch the charts 24/7

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No and most day traders end up losing their shirts anyway. It is a rough way to go about things.

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Yea I don't think I would ever want to deal with leverage in crypto. It's a harsh reality that crypto is extremely volatile.

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Wow! I just read this post by @shortsegments and figured I'd link it back to our #Splinterlands LMT. Lots of great links to read...

Splinterlands: Suddenly it's Everywhere!

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Loading...

Imagine my delight when I awoke and saw Hive at $AUD1.45!

These prices mean two things- harder to buidl and I should have been investing more (is there ever a more)

Second of all and most importantly, a decent Hive price bolsters up communities and will attract more developers to Hive. Hive is still cheap compared to what it will be in 5 years time.

Keep going!

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Hahaha I feel you

It's a double-edged sword! We want the price to rise but we also want it to stay low so we can buy more :P

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Yes we want the price to moon but still fly under the radar.

We are an interesting lost arent we?

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It all does feed in. I think we still need some more pieces in our foundation. However, Hive is starting to gain some momentum.

For now, we just have to ride @splitnerlands and benefit from what they are doing.

However, the proposal by SpkNetwork really offered a lot of insight.

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No real #Splinterlands thread is complete without explaining what the in game currency, DEC (Dark Energy Crystals), can be used for and how it factors in to the #Play2Earn mantra...

What is Splinterlands DEC?

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The @crypto-guides are turning out great! I hope they will get some attention and traffic in the future

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They will be able to feed traffic to Leofinance. It was a great idea.

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Addition by subtraction. HIVE has almost climbed into the top 200 by holding steady while the rest of the market took a beating.

Hive mktcap 20210314 182947.gif

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Why the Hive's price is $0.41 in the screenshot?

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Huh. Great question! I didn't even notice that. :-) It's obviously being valued correctly in the ranking to be at #202 and the chart showed the correct price. Weird.

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Maybe just a bug on their end. As Task said below, it must be the amount of half of Hive. 😁

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I am also wondering...also on which listing of crypto by market cap.

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It is for half a Hive I guess.

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Lol, right. 😂

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Plus the market cap of Hive is going to be affected by the conversion of so much into HBD. That lowers the amount that is out there.

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Well I don't disagree with his points. After all he is one person that has been hit hard by the current system and having a new system take over would also be preferred.

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Latecomers May Regret Hesitating

Apart from being a computer ninja, snowden is a great investment advisor too. He is not wrong.

Nations that get in now will become superpowers in the future. As simple as that. Owning BTC will be as valuable as breathing oxygen and drinking water. ✌

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Yes he is right. That is the sentiment of my video today.

It is like missing out on the Internet for the first 15 years. Late to the game meant never catching up.

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The US government should sell $1T T-bills, sell then all to China, and then buy Bitcoin. In 10 years they could pay off the national debt and then earn interest from lending it out rather than paying interest. Dagger for President!!! lol

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DeFi protocols offering 10,000% APY looking at the SEC going after Coinbase for 4%.

20210908_214021.jpg

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Defi is harder to target since people can just spin things up. If anything, I think they might be able to go after major players who create tokens for pumps and dumps though.

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LOL
Yea thats acurate

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Unless there is a rug pull which equals fraud, there is nothing for the SEC to look at no matter what the rate of return.

Nevertheless, the clown who is running the SEC things everything is under its domain.

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$500 billion German Union Investments to add #Bitcoin exposure.

"We are considering adding #bitcoin in small amounts of 1% to 2% maximum to a handful of other funds for private investors." - Portfolio manager Daniel Bathe

One by one, they all will come. 🚀🚀

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Institutions will jump in. I don't see any reason for them to avoid it if they can make money.

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I just did a video which will be up in the next hour. It discussed how El Salvador's entry into Bitcoin will lead other countries and central banks to enter, even if only HODLers.

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After El Salvador, Panama also introduces a Crypto Bill in its parliament.

They plan to formally legalize #Bitcoin and #Ethereum.

Another history in making?

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That's nice. Just what Snowden urged

Hopefully it spreads like wildfire

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My mom says always listen to smart, intelligent and honest men.

Must listen to Snowden ✌️🚀

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It's sad to see how the US government treats Snowden. I have read through the stuff and I think they did the wrong thing by causing so many issues for Snowden.

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Yes, obviously the US government hates him. He is people's friend, a whistleblower, and their number one threat.

We need to support people like him as much as we can.

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Ah it looks like people are pushing forward after El Salvador. I was thinking Paraguay would of pushed first.

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There is a difference between legalizing and making it legal tender.

Either way, it is a step in the right direction.

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I do see they aim to make it legal tender and regulate it.

Typical.

We just need to keep building.

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El Salvador's largest department store is now accepting #Bitcoin. Founded in 1922, they have come so far.

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That's very nice. People in El Salva are already tweeting purchases made with with BTC

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Love this trend. Helps us to visualize what is happening on the ground.

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I would like to know how many people actually use BTC as a payment method after this rolls out. Do you think they will make it public?

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It is going to happen. There is a core group, I am sure, in El Salvador who will utilize it. This will get them talking among their friends.

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One of the good things about all these wallets using Bitcoin is that it is very small amounts. It's one thing when Bitcoin swings 25% and you go from having $20k to $15k. It's a whole different thing when it goes from $30 to $22.50. People won't notice the volatility so much in the smaller denominations so hopefully they'll just buy and sell small amounts and use it whenever they want. Then when it all of a sudden makes a leap from $50k to $100k, they'll all really see the benefits of using Bitcoin in their daily lives.

It's going to be fun watching how this country reacts. It really could be a huge success story if it can pull an entire country out of poverty.

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Speaking of crypto NFT games, does anyone know anything about Illuvium?

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Never heard of it but then I dont follow much gaming outside of Hive.

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Okay, I get it.

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Never heard of them

Like taskmaster, I mostly stick to Hive when it comes to gaming. The only one out of Hive I've been messing with is LiteBringer

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Ahh ya, but in which chain does it run?

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Litecoin

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I stay away from Ethereum based games. Is it on Polygon?

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I think Ethereum

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I don't think I have heard of it. Does it require an initial investment?

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I understand that no, actually I haven't played it, I've only seen in the news that its token was triggered.

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News News

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LINK price registers 36% high after Chainlink's integration with Ethereum Layer 2 protocols

Chainlink is one of the most interesting projects I learned about recently. Good to see it doing well

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I also keep this coin under my eye let's follow its evolution

A lot of interesting stuff happening.

Personally I like the recent news coming out about the SpkNetwork.

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Another article on Splinterlands by Altcoin Buzz.

Yes, we are doing this now. Splinterlands is seeing a parabolic growth which now looks like a straight line just going up!

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Seeing the numbers that @splinterlands is putting up compared to an entire blockchain like Ethereum is very impressive.

Wait until #projectblank gets rolling. Can you imagine how many "comments" we will leave once that goes live?

I presume each blank will be considered a transaction just like a comment is.

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It will definitely be taking in a decent amount of HIVE. I don't think you guys asked what Khal's solution to delegating HP would be? After all...these users probably are getting started without paying.

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If they use proxy accounts, it will be fairly easy to load up the HP. However, as people start getting their own, they are going to need some HP delegated.

I guess it will be up to everything to step up.

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It's gonna be massive!

A lot of people, even outside of LeoFinance are waiting for it to be released so I think it's gonna be a huge success from the get-go

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Yea I think it will be a huge success but how much HP do you think is enough for people to get started? After all there are people who chat a lot and others who don't chat as much.

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Yea that's true

If posts on it are gonna be handled the same way it might demand a little more HP than normal activity does today

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I have a feeling it is going to be a fair bit.

This will be something that even if it is 10 per account, it will require a million HP very quickly.

I think there will be 100K users quicker than people expect.

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When it is released, we need to hit Twitter and hard. Get word out there as much as we can. Also hit up the other social media sites and blast them.

It is a gold mine for the blockchain.

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Yea Splinterlands is definitely skyrocketing and I am worried about the lack of cards available for people. Prices can only go up...and I wonder if it will be unreasonable for people to rent or buy.

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Bitcoin chart in the last hours with a big drop is it to take a jump after the drop?

Screenshot_20210908_013341.jpg

Definitely think it will go back up after this dip for another beautiful rally. Just a thought though.

Hopefully we get a few down days. That will be helpful.

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I should be saving up HBD but I tend to dump it right away.

I'm amazed at how long Hive has stayed up for. For me it is $AUD1.08 It's never really stayed up this high for this long and I wonder if we are at our new bottom (give or take 10 - 20c)

Yes I think so

That is a nasty drop. But for those with long term focus, it is a buying opportunity.

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Yes, I also think it will explode so you should take advantage of this fall, which will soon rise again

Yes, I also think it will explode so you should take advantage of this fall, which will soon rise again

I am not really worried. The prices basically dropped back to what it was a month ago or so. It's not like we are in danger of testing the low 30k range again and it is the month of September.

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I also don't see anything worrying here until I see an opportunity to eat more and invest more.

I'm glad I bought some on the dip

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Yes me too. I bought sometimes on the dip. Its good to accumulating more.

How is that @clicktrackprofit project for sponsoring a Splinterlands team going? Any news?

I remember the jerseys looked banging

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Just a guess but I think they are awaiting clarification from the @splinterlands team regarding the SPS staking.

When will that be put on teams? That is the question.

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Ah yes, that would make sense!

Now that you mention I think I remember Jon saying something along those lines.

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I wonder if they picked out the players already...I wouldn't mind copying the list so it's less work for me.

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Here's a nice look at the explosion of the #Splinterlands statistics. Pretty incredible (and fun if you're involved).

Splinterland Statistics--Aug 2021

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Impressive stats indeed
Just look at DEC price :o

Also, the charts look really neat! I wish I could chart like that

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It is hard to argue with the success that @splinterlands is having. They are driving more than 10K new users a day which is amazing.

Overall it is a major push forward. Now we just need to follow it up with a great deal more activity.

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REMINDER!!!!

Get thy #CANDIES before the sugar crisis hit.

There will be a day you will rue not stacking them.

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Candies and diamonds collected. Not sure which are harder on my teeth.

As always, I can always count on these accounts going up, even on giant "red" days in the markets.

That said, HIVE did NOT dump, but that other nameless one did. Interesting....

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Yea, Hive's performance has been quite epic lately! Great sign

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Candies collected! I'm all set for the day

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Me too. **burps**

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I started back at 10.

And the cycle continues.

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I am back to 10 candies as I collected my 100 yesterday.

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Thanks. I just collected them again today...but it looks like I dropped back to 10. I wonder if I forgot to click it yesterday.

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I love this image.

image.png

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Very impressive image I like

Do you still think we are at the oldest phone?

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A little further on and on in the middle

This is another edition of our daily @leomarkettalk.

It is contest month and the goal is a minimum of 10K comments. We are ahead of the pace since the minimum is 333 per day.

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I did some clean up on yesterday's post and officially got it over 500 comments. So we are doing quite well getting above the minimum.

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According to Coingecko, Hive is sitting at just below 85 cents.

This is a strong position.

It also allows for the massive of expansion of HBD without the conversion being shut down or payments altered.

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Even when the market tanked? This is good news.

Also, I see HBD near its peg.

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Yes the price of HBD was pushed way down. Hive help up well during the tank.

This means we are sitting in fine position. We will see if it holds.

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Yea but it also means there will be less people doing the HIVE -> HBD conversions. I wonder if the amount of HIVE being removed from the exchanges will now drop because they aren't doing so anymore.

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This is the best time to get HIVE off the exchanges, power up and use it to make more money while the market is down. Because when it gets back up, you will have more coins and tokens that could give you extra profit in the next bull run.

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That's what I've been doing.

I'm also stocking up on Hive for SPKNetwork

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Awesome, there are multiple tokens to be made via SPK Network. Can't wait to see it becoming a reality.

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Are we in danger of reaching the 10% HBD print limit right now?

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On the latest developers call, Blocktrades says he is going to put forth to the community to have the cap of HBD increased from 10% to 20%.

This is something @edicted wrote about in Hive dominance HBD buffer. It looks like he might get his wish.

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That would be awesome! I'm going to need a place to stash all my gains from #Splinterlands at some point. Making 20% on a stablecoin seems like a VERY good idea!

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It is not a 20% interest. This is referring to the shift on the cap where the chain stops printing HBD if the ratio of HBD to Hive is 10%. Since HBD is a debt instrument, it is a way to protect the stability of the economy.

Nevertheless, with the growth that took place here, Blocktrades, at least, feels that can be moved up to 20% before the shut down.

What you are referring to is in the hands of the witnesses. They can move it up to 20% at any time.

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Ahhh, my bad. I got all excited there for a second. lol Not that 10% is bad by any means. But 20% would be flat out sick (as the kids say)!!!

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Haha yea, maybe 20% is a bit of a stretch but I think some of the witnesses have already set it to 12% so we could see that soon if enough of them are on board. Maybe even 15%!

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I wouldnt be surprised if it went up over time.

Some prefer the slow approach but I can see it hitting 12% or 15%.

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12% to just HODL with virtually no risk. That would be so amazing. My biggest unknown has been what to do with my crypto when the bear market hits. This last time I just rode it out. Up, down, and now up again. I'd love to have a place to park a large percentage where it could be liquid yet still earn a decent return AND I would feel it is secure. I still don't trust any of the big stablecoins. I use them but I don't hold much there for any length of time. HBD could really be an amazing vehicle to weather the storm. It would also be available to take advantage of any crazy HIVE dips in the bear.

I'm really hoping they've got the peg for the most part figured out...

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Interesting

I do remember him saying that 10% was quite conservative and we would still be fine with a higher cap

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Yea I see some of those leverage platforms allow you to borrow like 25% or even 50% of your total asset value. So I would think 10% is more on the low side.

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Yup, I think some go even further than that. I believe Neal once showed one where you can get as much as 75%

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Yes well we dont want Hive to become so leveraged it tips over.

As mentioned above, I think the slow and steady rise is going to be the case. 12% might be in the cards in the next month or so.

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Oh that is quite nice. I think 20% is a good number and it's not like we are trying to fully collateralize our entire marketcap.

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Splinterlands and Axie Infinity Content

This is in relation to a post made by @hitmeasap detailing what keywords we are seeing for Splinterlands and Axie Infinity.

After doing Bitcoin yesterday, let us try to get a lot of articles about these two topics. It is vital we use some ones from Leofinance.io.

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Those where all I could get from Ubersuggest. Should be roughly 2500 Axie Infinity keywords & content ideas and ~950 for Splinterlands.

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It is a help.

We are doing our best to fill things up in here. Seems like we are off to a good start.

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Haha. I am planning to do a 'Splinterlands vs Axie Infinity' blog. Taking my friend's help who plays both these games but he is more of an Axie Infinity guy.

Today's discussions would really help to gather some cool info on these games. ✌

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That will be an excellent article. We need more topics like that.

Be sure to drop the link in here if I dont see it so we can get it to the front page. I also will tweet it out.

Let us get it a bit of coverage.

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Excellent keywords too :)

Looking forward to reading it.

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Excellent keywords too :)

Hitting several birds with one stone. Could use some more SPTs for the SPS airdrop. 😋😋

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For sure. Thanks for the support Task. I think we should do more of such comparisons with other Trading card games in the Play-To-Earn space. It will also help us learn what others are offering.

I am truly fascinated by the idea of renting your digital assets. It's a brilliant idea and Splinterlands is acing it.

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The idea of taking any asset we have and turning it into more is excellent. We are seeing a great many opportunities arising.

I think the #play2earn is going to be huge. But NFTs, once we get passed the mania, are going to have a lot to offer.

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Awesome! Looking forward to reading it

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I am looking forward to that post. I wonder what he likes more about Axie.

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Did you see the Splinterlands SPS price also took a hit after today's marketwide drop?

We've been talking about price projections of $10-$20 after everything settles.

Could be a nice buying opportunity?

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I didn't notice that but it could be a good opportunity indeed

I jumped in late so it could be a good time to increase my position

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Isnt the total supply like 2 billion?

Or did I misunderstand some things?

If that is the case you are putting SPS at around $20 billion?

I might be totally confused here.

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As per the whitepaper Max. supply is capped at 3 Billion Tokens. So, $30 billion. 😮

image.png
Source: https://sps.splinterlands.com/distribution

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Yeah that seems a bit excessive to me to believe we are going to see $10 SPS.

Even if the game becomes wildly successful, it is tough to see that in my opinion. But markets are funny things.

Perhaps we will also see burns over time.

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My friends believe in this price soon.

I think $10 SPS in a few years might be possible but yea the price right now isn't exactly enough right now.

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But okay based upon what you said I took the few swap.hive I had and got some more SPS.

I am sold on it long term so it will end up higher in a couple years, I am confident on that.

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@dagger212 shared this excellent comment yesterday which is worth a read if you missed it :)

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Now I am confused. I agree with his numbers at 220 million. Yet that is not the total SPS.

As @finguru showed, it is 3 billion. That is more than 10x the numbers he is using.

Still a lot of room to run from 28 cents but $20 seems difficult considering the total available.

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Yes, I went back through the white paper and discovered that even though the airdrop will be done in a year, they will still be releasing SPS for a total of 5 years. Whoops! lol That's why you DO YOUR OWN RESEARCH instead of just listening to morons like me.

So, while the supply is going to ultimately be much higher, I still think that over the time it takes to get there, SPS will do very well. It DOES, however, mean that #Splinterlands is going to have to keep killing it with development. I don't see why they won't but...the tokenomics aren't quite as good as I thought they were.

That said, Axie Inifinity currently has a $4B market cap so....plenty of room to grow.

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Yeah I dont doubt there are higher levels. The question is how high can it go with 3 billion tokens looking at being issued.

We shall see. I believe we will get to a couple bucks at least which is a very nice gain from here.

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Oh that's a good one indeed

Very dagger-like in terms of quality and depth

Damn, that is, as he said, scary good!

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Here is an article from Investing.com about @splinterlands. That is a big publication. A nice write up.

The #play2earn idea is getting some love.

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100k DAU is quite a mark! And doing almost 9x in a month is very impressive

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Agreed. No way to dispute what @splinterlands is accomplishing. They are killing it.

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Splinterlands got a little love in an article announcing BSC's first year celebration.

Splinterlands is an NFT card trading and gaming platform that recently partnered with gaming giant Animoca Brands. X World Games is a decentralized gaming ecosystem built on the BSC and Ethereum.

It is interesting to see where the name of that game is showing up.

Now we need about 5 more like that on Hive.

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I was hoping for a mention for HIVE but I guess its good enough that the game was mentioned.

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I just checked Blocktivity.info. Hive is holding steady above 2 million transactions.

Right ahead of it, in 6th place, TRON with 2.7 million.

A few more weeks of sign ups like we are seeing and this could end up being a "flippening".

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Are most of the transactions still from Splinterlands?

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I think we're good, this is the longest Hive has maintained this level for. I'm excited! But happened too fast 🤣 wanted to make 20,000 Hive. Ah well. To the next price point!

It will be nice to pass Tron in number of transactions

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I really like Neal's 12 step program to profit from Splinterlands.

It's a month old so some stuff might not be current but the general idea is pretty neat

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I'm sorry I didn't enter the Splinterlands game some time ago now with the climb it's hard to get in with little investment.

Yea, it's a bit harder now but I think the game is going to be much bigger so it can still be a smart decision to invest something into it

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Yes I have a lot of friends who have been playing for a long time but I'm still unsure whether or not this is the best time to join

Well I think it's good to just start. At least if you manage to finish your daily quest, you might get a few cards and your DEC might be able to earn you some SPS. So I think its still a good time to join and I think you will at least break even soon enough.

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Well I'll still think about it but you need to invest something at the beginning or you can start playing without investment

The spellbook cost you $10 to start. After that you can earn DEC and get reward chests from quests and season rewards. It might be a bit tough for you to win fights at the start for your quest though.

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You can always rent some cards...but yea its definitely a lot tougher lately. I own my cards for the most part so I can get away without paying for rentals.

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It's a great post. I didn't see it a month ago but it includes all the general details.

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This is a sensational headline.

That is from techtimes.com.

Talk about adding legitimacy to @splinterlands. That is some great publicity.

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Yea it is. They have a linked article to popular NFT games besides Axie and it doesn't have Splinterlands. So I think it's their way of approving Splinterlands.

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@splinterlands tournaments are always exciting for those who play in them.

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Well... I use to play in them quite often but I gave up because I wasn't sure if the effort was worth it. It did help me learn a lot about the untamed deck though.

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Still haven't played any of those. I'd probably get wrecked big time

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Avalanche Crypto

We're still seeing plenty of hype around Avalanche (AVAX).

Did you see that Topps switched From WAX to Avalanche to launch their new baseball NFT collection?

When you look at how much NBA topshots banged and consider that baseball is more popular (don't come at me), this switch to Avalanche is a really big deal.

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Hey I was thinking that considering Avalanche, Polkadot, Thorchain have few things in common. They deserve the comparison with similar chains.

Apart from having content on comparison with chains which are similar.

Do you think we should add more NFT related content?

Yep, all of those comparisons would be great if you've got the time.

Just link to each guide somewhere in the content when you do them :)

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Baseball is more popular than basketball? Heh, I'd never have guessed

But anyway, yea, this can be big!

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  1. NFL
  2. MLB
  3. NBA
  4. Daylight
  5. NHL
  6. More daylight
  7. MLS

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NFL is ranked #1 because of the gambling, even if the NFL denies it encourages gambling.

Gambling also exists in MLB, NBA, daylight, and NHL, but it only makes sense for a small percentage of people. Meanwhile, NFL spawned TV programs devoted to gambling.

I think gambling exists in MLS, but I don't think enough people care; why gamble on MLS when you can gamble on Premier League, Bundesliga, or any game featuring Barcelona?

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Yea that makes sense... I wouldn't imagine people gambling on MLS. It's been growing in popularity, I heard, but it's still a niche thing I believe

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Major League Soccer has come a long way since it's launch after the 1994 World Cup, and it has popularity unprecedented in its history.

Still, it is seen worldwide as a league where star players come to earn their final payday before retiring as players. It also hasn't found a way to produce young players, which is why young players get experience in other countries before returning stateside to play in MLS.

When it comes to developing young players to one day play in the major league or the top league, MLS doesn't have the infrastructure of the soccer powers in South America and Europe. Then again, by the time MLS was launched futbol had been a national pastime in those locations for nearly 100 years. There is promise for MLS.

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Yea, I think it can be even bigger than the South American leagues someday. We have a lot of talent here in south America but the league is very poorly managed

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Ohh ok
Yea, all the rest is where I thought they would be but I had no idea baseball was so popular.

I don't really understand it very well so that's probably just bias speaking

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Baseball = America's Pasttime!

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Yes, in the right countries, yes, but in Europe it's football every day.

Oh yea, I was talking about the USA

In Brazil football (soccer) is also the dominant sport by a long shot

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Sure. Brazil for me its number one or number two in the world football

In the US, its quite popular. The hype over everything is quite crazy as it tends to be basketball, american football and baseball that generally hits the headlines here.

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Oh I didn't realize Topps changed from WAX to Avalanche. I think WAX doesn't really have any fees so I guess the move was due to the removal of a specialized wallet.

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The hive is currently with a large value above 0.8

Screenshot_20210908_013157.jpg

@tfranzini,

you were looking to convert a bunch of fiat into HBD. The price is now down to 1.02. It might be a good time to think about jumping in as the price gets to the peg.

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Oh yea! Thanks for the heads up!
I'll check if the fund is already liquidated!

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Yes it may even be a good idea I'll follow

Right now as currencies with higher percentages of rise

Screenshot_20210908_013356.jpg

We had a great interview today with Khal from @leofinance on CryptoManiacs.

He covered a lot of stuff. Nothing new was revealed but he did express his long term overall vision.

Also, he believes that #ProjectBlank is going to be a game changer for both Hive and cryptocurrency.

Most importantly, he did not flinch when I mentioned it being on slate for the end of the year. I think he feels confident that deadline will be met.

The mobile application is still targeting October 1.

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Cool! I could catch the live show but I'll definitely listen to it asap

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The live show is already up. I enjoyed the show quite a bit. See finguru's reply to the parent comment.

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It was an awesome show Task. Finished too early! I found some cool info which I didn't know earlier. I don't how Khal is on top of all these applications & new technologies which are constantly evolving at the same time. Really good at it.

I also took some notes and shared it in another comment for everyone else to see.

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It was funny to see him try to respond to whether he would buy LEO or CUB if he was only given one choice.

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Above all in my opinion is to have confidence and pass that trust to others in what we believe in.

Axie Infinity is quite famous among developing countries such as Brazil, Venezuela, and the Philippines.

Axie’s user base saw a rise from 30k daily users in April to 1 million in August.

Do you think Splinterlands should market itself in these countries to gain more exposure? The cost of getting started on Splinterlands is much lower than it is on Axie Infinity. Also, transactions are free here.

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They probably should if they haven't already since its a decent amount of users they can convert.

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I think it would be a good idea.

Gaming is getting more and more popular here in Brazil and it was already a trend even before #play2earn became a thing.

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Add the current economic issues to the mix and I believe you have very fertile land for games like Axie Infinity and Splinterlands to thrive.

Many people are quitting their jobs and making their living off of games like that

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Many people are quitting their jobs and making their living off of games like that

Yes. Also, there is a huge chunk of population in our countries which is unemployed. It can become their new business venture.

I know a guy who lives in Bali. During covid his e-commerce business was hit. His hotel was not getting any bookings. What did he do? Pitched his idea to a bunch of investors. Got funding of 100k just through social media promotion. Invested all of it in Axie Infinity and other games. He connects investors with seasoned players. Everyone makes money.

He has now created a startup out of this - https://www.investplay.io/. Just using an internet connection, playing games, sipping cocktails while watching beautiful Bali sunsets. 😂

Screw you Covid!

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That's a nice story

I've heard about a guy who got laid off and decided to start offering Axie scholarships. Now he is making something like 20x his previous salary

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Should start something like this? Splinter Scholars? 😁✌

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I don't know if it would work as well on Splinterlands because the initial investment is low, at least for now.

There is the cost of cards, sure, but I believe most people would just look at the spellbook cost and decide to grind the rest themselves.

But maybe we could see a similar thing happening on SPlinterlands in the future as well

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Play2Earn is seriously changing the lives of the people from developing countries. It can be a full-time job for many and a lucrative investment option as well.

Just imagine making hundreds and thousands of dollars every week by playing or investing in games. 😍

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What do Doge say up or down the value by the end of the year?untitled.gif

DOGE up. Maybe not ATH, but up some.

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Up something maybe up 0.35 its good end of the year.

I think Doge will always walk in the next few months between 0.28 and 0.35.

El Salvador's Chivo bitcoin wallet struggles to reach liftoff on launch day

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I've heard there were a few issues with the wallet but I expected it to happen.

The media is already twisting it to spread FUD though

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Because I haven't had big news about it yet. But the problems will be resolved. See if a few days go by and see how it looks.

By the way, one thing Khal did mention on the show today, we could see a SPS-BNB (I believe that was the pair) LP on Cubfinance.

That will provide another place for people to park there SPS as well as getting a return. Since they are already on Cakefinance, I guess it is easy to do.

No word on time frame on that.

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Well people can already get like 100% returns on Splinterlands for staking SPS. So would it be like a kingdom where its CubFinance staking the SPS for us?

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Would the SPS in the pool count towards anything as far as the airdrop goes? I'm guessing probably not, right? So you would have to choose between using the SPS to earn CUB or staking it in the game to earn more SPS?

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An interesting article about how Axie creates work in the Metaverse.

This is a much more accurate application of the term than what we usually see in mainstream news.

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Well the mainstream news wants to push what Amazon and Facebook want as the metaverse so I am not surprised.

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There are so many things I love about this article on Splinterlands and the importance of outer world use cases.

It tells a bit of the story of Magic The Gathering the most successful and the grandfather of all trading card games and shows how Splinterlands could tap into the potential of this niche, such as Magic has been doing for almost 30 years.

It also outlines the importance of dApps such as Splinterlands in bringing traffic to Hive.

Worth a read

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Yea we definitely need more apps like Splinterlands. The user doesn't have to understand what is going underneath and the application makes it easy for the user's purpose.

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Our own @kevinnag58 wrote this nice article on Using Splinterlands DEC on DeFi a couple of weeks ago. It's worth checking it out if you missed it!

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You get double the airdrop points if you stake your DEC on CUB Finance or Tribal Dex.

Maximize your Airdrop earnings! ✌️😬

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Well you don't necessarily earn more SPS points since half of your DEC is either converted into SWAP.HIVE or BUSD. It's pretty much the same amount of points but you can gain some returns on your DEC.

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It's a great post. I only invested LP into the CubFinance LP but I can definitely see tribaldex as a good second option.

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Coinbase was warned by the Securities and Exchange Commission against launching a lending product that would allow consumers to earn interest on their crypto holdings.

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It sounds like the same argument they are tossing at Blockfi.

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Lol, SEC should be full for SELL EVERY COIN.

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I think they will do so eventually since they want to push regulation.

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