EXTREMELY BULLISH SPS NEWS! TIME TO BUY MORE SPS IN SPLINTERLANDS?

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    luke-wtp

    Published on Jan 05, 2022
    About :

    Hello, hola and kamusta! Hope you are well today!

    In today's video I go over the bullish news for SPS in the latest Gold Foil Press from Splinterlands.

    If you don't have a chance to watch the whole thing, here are briefly the reasons...

    1. Riftwatchers is going to be bought only with SPS, not DEC
    2. Riftwatchers SPS purchases will go straight to the SPS foundation adding $12M
    3. Governance is coming and SPS stakeholders will get to vote on what happens to the foundation funds
    4. Private sale and airdrop tokens will end in April and July meaning the supply each month coming out will decrease
    5. Roughly 25% of all tokens will be distrubted once the airdrop ends. 75% are yet to come but will slowly come out over 5 years.
    6. Splinterlands team continues to talk about adding utility to SPS including soon the SPS play to earn which players will need SPS staked for

    Now I'm not saying SPS is bullish immediately. I could see even the price going down from here in the next month or two if the crypto market stays bear. However even at 20 cents I think it's a good deal so I'm buying a little here and if it goes lower then even more then, DCA baby! If you believe this game is going to last long term then I think SPS could eventually hit somewhere between $1-5 easily. It may take a year or two but that's okay with me, I'll buy and Hodl :D

    What about you? What do you think about SPS and the news that came out? Are you buying more or staying away?

    Tags :

    splinterlands splintertalk peakd oneup gaming crypto sps playtoearn dec

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