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RE: Land Presale Update

in #splinterlands • 4 years ago

The goal this time is to raise funds for the project so it makes sense for them to sell it as fast as possible to whoever possible even if it is one person.

I'm sad about this because most likely, the Lands will get sold out before I get the chance to pay my $10.

But I guess this can't be helped, @splinterlands never expected this much interest in the lands system, and the compromise they did is better than letting one person buy all of the regions in the first minute. Now they learned the lesson for when they make the next expansion.

I also believe many whales will re-sell their regions at prices cheaper than the next Pre-sale stage. %10 of $7500 is still $750 profit for them.

4 years ago in #splinterlands by
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     4 years ago  

    Im not sure i agree that it makes sense.
    To maximize funding wouldn't you want the little fish to buy first?
    These are the people who are less likely to buy at the higher prices.
    Plus each small purchase is worth more money to the devs.

    Its true, there will definitely be reselling. My concern there is that they will know the rarity of the land at that point since its randomly generated like packs. This means those cheaper lands will likely be lower quality.

    I guess well see what happens...

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     4 years ago  

    As far as I understood, the rarity of the lands will only be revealed after the all presales end. All purchases will give the same token type which hides the rarity until then.

    My concern there is that they will know the rarity of the land at that point since its randomly generated like packs. This means those cheaper lands will likely be lower quality.

    If that isn't so, it wouldn't be fair at all. Read this:

    How will redeeming claim tokens work when the land is released?
    When the expeditions are completed and the land is released (which is expected to be in Q2 - Q3 of 2021), players will be able to redeem PLOT, TRACT, and REGION tokens for the associated number of unrevealed land plot NFT cards. The unrevealed land plot cards will show only the location of that specific plot which will be viewable on a visual map. This means that you have received specific plots at specific locations from the exploration company, but you have not actually gone and explored that land to see what lies within.

    Those unrevealed land plot NFT cards will then be able to be "explored" in order to receive a land plot NFT card which will reveal all of the details of the plot, including the type of land, the category of the land, the rarity, and whether or not it contains any special buildings. Both explored and unexplored land plot NFTs will be transferrable and tradeable on the markets.

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       4 years ago  

      That's the same thing I understood.
      That being said, my understanding is also that lands won't be tradeable until that same time.
      While I'm sure some will sell "unexplored land" I would expect a lot of people to explore first.
      But that is conjecture on my part, I know I would explore everything before selling, but it is true, I have seen "pack resellers" in every presale I've ever participated in.

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         4 years ago  

        Yeah, that's a problem too.

        My concern there is that they will know the rarity of the land at that point since its randomly generated like packs.

        I guess if Splinterlands team has expected this much demand, they would have done things differently.

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           4 years ago  

          That's true. It sounds like they were caught totally by surprise.
          At least that's a good sign for the game.

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