Hey everyone this is Lucky Ali and I hope you are doing fantastic these days. The market is boring and we can't expect something extraordinary for the short term, we all depend on how the crypto market reacts. Anyway, last year, I purchased an SPS node validator license and I do not regret why I purchased this but if you see the price in hive-engine then it is much cheaper than the last year. You can buy this license for just $533 but you know I spent almost $2k to buy this. If I had bought at this time, I would had 3 extra licenses today.
So this is definitely heartbreaking and you can feel my pain. Although that time the license had very good hype and many users purchased it at that time. Now it is good that they are holding and not selling cheap but the people who selling cheap are those who are trading licenses and they already purchased at cheap and selling at high rates. The license is not live and that is why there is no jump in the price however sps node validator license is still very expensive on splinterlands website and this is funny.
Anyway, I believe that after land full launch, the team will focus on the sps node validator license. Currently, license holders getting rewards in terms of sps and vouchers. This is an important asset in the game that will make Spliterlands more decentralized and also license holders will get the sps reward even after all the sps rewards are closed. In the future sps price will boom because the sps token is available in limited quantity.
Holders are not going to lose money in the license but the thing is slow progress should be faster so it will balance the price of the license. So update is required regarding node license. I purchased the sps node validator license in September ending of 2022 and now almost September is going to end so I have completed one year with the license. Currently, I am recovering my sps tokens by node license earning. I have spent my sps tokens to buy the license.
It had been taken a bad decision to use sps tokens to buy the license because we should balance both investments. Anyway, Even after spending that many sps tokens to buy the license now I have 100k + sps tokens so this is not bad at all but if we make the right decision at the right time then it would be more beneficial. Anyway, this is what is called crypto and this is hard to predict. You can see most of the blockchain games have died completely in this bear season. At least we are lucky that we are not losing our investment in the splinterlands. Splinterlands survived the bear market again and that is why Splinterlands is a strong project in the hive blockchain.
My plan is to hold for the long term and we are getting sps and vouchers so it is not bad. It seems like this is going to be a main target after the full land launch. Right now, land is most important. If you want to buy a sps node validator license now from the splinterlands website then you have to spend 161,313 sps and 500 vouchers. I am not saying that purchase now but I am sharing the estimate here. There are 4,992 Licenses Remaining on the website and obviously, this is a big quantity.
Users who purchased in the presale earned a very good profit for sure because as I said the price was high in the last year and it was almost double and The presale price was 1k USD. If you say that you want to buy another license at this cheap price then I would say no because right now buying SPS is the most important thing and it is also very beneficial and my target is 200k SPS tokens. So I think this is better than buying one more node license. What is your point of view? share the comment below. Share this post on social media with #play2earn and #splinterlands tags. Join splinterlands under my referral link below.
Lucky Ali
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