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About Splintershards
-
What is Splinterlands (SPS)?
: A digital, collectible card game based on blockchain technology, inspired by Magic the Gathering and Hearthstone. -
Founders
: Jesse Reich and Matthew Rosen, with 12 employees on the team. -
Unique features
: Blockchain-based, permissionless, transparent, and fair, with a governance token (SPS) for decision-making. -
Token supply
: 3 billion SPS tokens, with 400 million (13.33%) allocated for airdrop, 200 million (6.66%) for private sale, and remaining tokens allocated for DAO,
About SplinterShards: A Revolutionary Blockchain Gaming Ecosystem
Introducing Splintershards (SPS): A Comprehensive Overview
Splinterlands is a cutting-edge, digital collectible card game built upon blockchain technology, drawing inspiration from iconic games like Magic the Gathering and Hearthstone. In this immersive experience, players curate a unique collection of cards, each boasting distinct attributes, and engage in strategic, skills-based battles against fellow players. Moreover, the game allows players to seamlessly buy, sell, and trade their digital assets, mirroring the traditional practices of physical trading card games, such as Magic the Gathering, Pokémon, and Yu-Gi-Oh!
In the wake of digital gaming, players lost the autonomy to genuinely own their digital assets, including trading cards. However, with the advent of blockchain technology, Splinterlands has reestablished the ability for players to possess and exchange their digital assets with unbridled freedom. Furthermore, this innovation enables the game to boast true scarcity and transparency, ensuring that every card within Splinterlands possesses a verifiable supply and an immutable historical record.
In the heat of competition, players engage in intense battles with their peers, opting for either ranked or practice matches. Ranked battles offer the opportunity to ascend the leaderboard, with no risk of demotion for beginners, as players with a rating below 100 are shielded from ranking point deductions. Battles are carefully calibrated to pit players of comparable strength against one another. When paired with an opponent, each player selects a strategic combination of six monster cards and one summoner card, with the ultimate goal of annihilating their opponent’s monster cards and emerging victorious.
While the game is free to play, a one-time purchase of the summoner’s spellbook, priced at $10, is required to unlock the game’s full potential. This investment grants players access to their account keys, thereby enabling them to earn Dark Energy Crystals, which can be redeemed for real-world currency.
Splinterlands, which debuted in May 2018, introduced Splintershards (SPS), its governance token for the decentralized autonomous organization (DAO), in July 2021. The platform successfully concluded a $3.6 million private token sale, allocating 6.6% of the total SPS token supply. Notably, the game achieved a milestone of 100,000 players within its first three years, and subsequently added 50,000 more in just over a month, reaching a new high in June 2021. Looking ahead, Splinterlands is poised to expand its gaming ecosystem in the latter half of 2021, with plans to integrate oracles in Q1 2022.
The Visionaries Behind Splinterlands: Meet the Founders
Jesse Reich and Matthew Rosen, better known by their Discord aliases “aggroed” and “yabapmatt” respectively, are the visionary founders behind Splinterlands. Hailing from the Pennsylvania region, this dynamic duo brings a unique blend of expertise to the table. Reich, a former scientist and chemistry professor, made a successful transition into the gaming realm, despite lacking prior professional gaming experience. Meanwhile, Rosen leveraged his development expertise, garnered from his stints at RockYou and Ryzing, to bring a wealth of gaming industry knowledge to the project, albeit with a non-blockchain focus.
The Splinterlands team boasts a robust workforce of 12 dedicated employees, as evident from their LinkedIn profile.
Unveiling the Unparalleled Splinterlands Experience
Splinterlands is poised to capitalize on the burgeoning demand for blockchain-based games that offer the unique opportunity to own distinctive digital assets. As of July 2021, the platform successfully closed a private funding round, securing $3.6 million in exchange for a mere 6.6% of its total token supply.
Splinterlands operates on the Hive blockchain, which means that every in-game action is immutably recorded on the blockchain. This decentralized framework enables anyone to seamlessly join the game by creating a Hive blockchain address, thereby rendering the game permissionless. Furthermore, this setup provides Splinterlands with a transparent and tamper-proof ledger of all in-game activities, including battle outcomes, thus ensuring the utmost fairness and transparency.
Players begin with a foundational set of cards, which can be augmented through the purchase of booster packs or individual cards from fellow players. These cards can be upgraded and utilized in competitive battles against other players, with the ultimate goal of earning Dark Energy Crystals (DEC), the official in-game currency of Splinterlands. Additionally, players can acquire DEC by repurposing unused cards from their collection. DEC can be leveraged to acquire in-game items or trading cards from other players on the Splinterlands market. Furthermore, DEC are freely tradable among players and on external exchanges. As the game continues to evolve with new features, the utility of DEC is poised to increase exponentially.
The Splintershards (SPS) token will operate as a decentralized autonomous organization (DAO) on the Binance Smart Chain platform. As a governance token, SPS will be seamlessly integrated into the Splinterlands game, empowering players to exert influence over key decisions that shape the game and its ecosystem. Furthermore, players will have the autonomy to propose their own innovative changes, such as revising the tournament schedule, adjusting battle settings, or modifying the DEC inflation pools.
The Circulating Supply of Splinterlands (SPS) Coins: An Overview
The maximum total supply of SPS tokens is capped at 3 billion. According to the token distribution schedule, Splinterlands has planned an airdrop of 400 million tokens, equivalent to 13.33% of the total supply, over a period of one year, targeting players who hold Splinterlands assets. This strategic move aims to incentivize players to accumulate and retain Splinterlands assets for an extended duration. Notably, players can earn airdrop points for various assets, which will ultimately determine the quantity of SPS tokens they receive.
A total of 200 million SPS, equivalent to 6.66% of the total allocation, was secured in a private sale in July 2021, generating $3.6 million in funding. The investor roster boasts an impressive lineup of crypto-native funds, including Animoca Brands, Blockchain Founders Fund, Enjin, Polygon, Yield Guild Games, and several others. These funds will be subject to a 10-month unlocking period.
The remaining token supply is allocated as follows: 10% will be governed by the DAO, slated for launch in Q1 2022; 9% will be retained by the team, with a 65-month vesting period, during which 50 million tokens will be unlocked on the first day; 1% has been set aside for advisors, with a 24-month unlocking schedule; and 60% has been reserved for staking and oracle rewards, as well as play-to-earn rewards for players, to be released over a 65-month period.
The Splinterlands Network’s Robust Security Framework
Splinterlands’ SPS token is slated to be deployed on the Binance Smart Chain (BSC) blockchain, a deliberate decision driven by the exorbitant gas fees on Ethereum, which have become a significant barrier to widespread participation. In contrast, BSC boasts rapid transaction times and nominal transaction fees, while also offering the flexibility to seamlessly port smart contracts to Ethereum, thereby preserving a potential future migration pathway.
The Binance Smart Chain (BSC) is fortified by a proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and maintain the blockchain’s security. To be eligible for this role, validators must stake a predetermined amount of BNB coins with Binance. Furthermore, holders of SPS tokens will have the opportunity to stake their tokens within smart contracts, thereby participating in governance voting and contributing to the decision-making process.
While the SPS token resides on the Binance Smart Chain (BSC), the game itself is built upon the Hive blockchain. The seamless interaction between the two is facilitated by oracles, elected by SPS holders, who are responsible for transmitting pertinent information from the game to the Binance Smart Chain. This innovative approach minimizes transaction fees while optimizing the gaming experience. In-game actions remain native to Hive, whereas conversions to SPS tokens are relayed by oracles, ensuring a harmonious synergy between the two ecosystems.
When Will Splinterlands (SPS) Trading Commence?
Following a successful private round in July 2021, Splinterlands is poised to initiate its highly anticipated airdrop and liquidity incentives in Q3 2021.
Will Splinterlands Soar to $1?
As of August 2021, Splinterlands is hovering around $0.40, which means a surge to $1 would represent a modest doubling of its value. The recent private sale, which garnered a substantial $3.6 million, serves as a testament to the strong interest and backing from investors. With its innovative features and user base expanding significantly, Splinterlands is certainly one to keep a close eye on. Moreover, considering that other prominent NFT games have achieved remarkable 10-fold increases in value, surpassing the $1 mark may not be an unrealistic expectation.
Where to Acquire Splinterlands (SPS): A Comprehensive Guide
As of August 2021, SPS is available for purchase on prominent cryptocurrency exchanges, including Pancakeswap (V2), Gate.io, BKEX, and Bilaxy.
For those interested in delving into the world of cryptocurrency investment, we invite you to explore our comprehensive guide, which provides a step-by-step introduction to getting started with buying cryptocurrencies.
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