How To Earn Money While Playing Splinterlands
Play-to-earn (P2E) collectible games are becoming more popular among individuals with the growth of blockchain technology and the increased development of nonfungible tokens (NFTs). Players can get multiple benefits, such as winning in-built currency and entities. In addition, the scarcity and ownership provided by the P2E games, in return, increases the demand and prices of the in-built products in the game.
Splinterlands is also a P2E game attracting players worldwide. In this article, we will learn about Splinterlands and how to play it.
What is Splinterlands?
The combination of Web3 technology and Hive blockchain approves all cards owned by the players in Splinterlands as a nonfungible token. It is an ingenious online trading game that provides players with complete ownership of their assets. Every card in Splinterlands collected by a player has a unique identity and characteristics that can be utilized in multiple ways.
Players can use them to win further rewards, trade them in a secondary market, burn them to acquire DEC, or increase their potential by combining them. The gaming experience by Splinterlands leverages the features of blockchain technology. It also creates excitement and motivation among players by offering them crypto rewards.
Working of Splinterlands
In Splinterlands, players can compete with other players using monster cards or summoners. Initially, players must provide their email details to sign up for the game. However, they need to own a Hive account to earn NFTs or other rewards in the game. The details of the Hive account can also be used on the Splinterlands. It allows the players to access their assets directly without the involvement of any third party.
In addition, it provides a safe environment for the players to exchange or trade their online assets, as all the transactions are recorded on a decentralized network. Players are rewarded with SPS tokens, NFTs, or packs for completing tasks or winning games. However, players can also trade their rewards on the Hive blockchain network.
Usage of SPS and DEC
The official currencies used in Splinterlands are the Splintershards (SPS) and the Dark Energy Crystals (DEC). These currencies can be used for multiple purposes in the game. Players can use DEC to buy new cards or card packs from the market in the game. In addition, SPS and DEC can be exchanged with other crypto or fiat currencies.
Moreover, players can utilize SPS as an entry fee to enter the game mode. However, players are rewarded with SPS for participation in multiple quests, tournaments, battles, etc. Players can utilize the additional SPS to earn passive income through staking. It encourages the players to hold their tokens rather than sell them immediately.
Method to Play Splinterlands
Players can use their mobiles or desktops to play Splinterlands. It can be played free of cost; however, the in-built cards and commodities can be bought through cryptocurrencies. Players need to follow simple steps to play Splinterlands.
Firstly, they need to create an account on the Splinterlands website and buy a card to play. The next step is to shop for a summoner to unlock the ability to earn rewards. After completing the payment method, users need to create a Hive account. The next step is to integrate the Hive wallet with the Splinterlands account. Players can build their teams over the platform and continue earning rewards.
Is Investment in Splinterlands Worth It?
Splinterlands was launched in 2019 and gaining popularity since then. However, multiple factors, such as market conditions or project success, decide if investing in Splinterlands is worth it. In addition, the hype of the game can significantly be affected by ongoing trends in the gaming sector or the updates in the game.
Conclusion
The hype of these online gaming platforms may continue to grow. However, similar to any other investment in the crypto space, Splinterlands also involves risks. Therefore, proper research and understanding are essential before making any move.
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