![]() ![]() DEC can be used to buy in-game items or trading cards from other players on the Splinterland market. Players can also obtain DEC by converting unused cards in their collection. In these ranked battles, players compete for Dark Energy Crystals (DEC), the in-game currency of Splinterlands. These cards can be leveled up and used in battle against other players. Players have a base set of cards and can purchase booster packs or specific cards from other players. It also provides Splinterlands with a transparent record of all actions in the game, including battle results, which ensures fairness and transparency. That means anyone can join the game by creating a Hive blockchain address, making the game permissionless. Splinterlands runs on the Hive blockchain, meaning all actions in the game are recorded on the blockchain. At the end of July 2021, it closed a private round for $3.6 million in exchange for only 6.6% of the entire token supply. Splinterland aims to capitalize on the growing demand for blockchain-based games that offer the possibility to own unique digital assets. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022. ![]() After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.Īlthough the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. Battles take place between players of similar strength. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. With ranked battles, players can increase their rating. Players battle other players by choosing ranked or practice battles. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record. With blockchain technology, it allows players to own and trade their digital assets freely once again. Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh! You can buy alchemy and legendary potions from the Splinterlands Marketplace when purchasing this DEC is burned.Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. This ends up being a player-to-player transaction. This DEC is treated as company revenue.ĭec can be used to rent and buy other players' cards on the market. When it is an option, you can buy current packs from Splinterlands valued at 1000=$1.00 even if DEC is above or below peg. This will burn the DEC and remove it from circulation. You can use DEC to upgrade your guild buildings to increase the strength of your guild and move to higher tiers. Most of the time, this is below the price of what you could sell it for - so be careful. These leaderboard rewards will also add to the total supply.Īny cards in the game will have a power value which you can burn them for to create DEC as well. There are leaderboards in each league each season that pays out DEC. The current liquidity pools paying out DEC are DEC-SPS, DEC-Swap.hive, DEC-DAI, and DEC-BUSD. There are currently DEC rewards being paid out from certain liquidity pools to help give liquidity to our tokens for the game. This will drive value for the SPS token, keeping the DEC from going too far above the peg. This method can be good for the economy as when DEC goes above peg, you can burn one dollar of SPS to get 1000 DEC even if it is above peg. There are many ways we put forward to burn DEC and create new DEC when it is needed, giving value to other tokens. We always strive for DEC to get to its peg of 1000=$1.00. DEC is currently the in-game currency for Splinterlands. ![]()
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