SPS

Overview of SPS (Splintershards)

Splintershards (SPS) is the governance token for the blockchain-based digital collectible card game Splinterlands. Built on the Binance Smart Chain (BSC), SPS enables players to participate in game governance, propose changes, and vote on various aspects of the game ecosystem. The total supply of SPS tokens is capped at 3 billion, with allocations for airdrops, private sales, staking rewards, and the DAO. Key investors in the private sale include Animoca Brands, Blockchain Founders Fund, and Polygon.

The game itself operates on the Hive blockchain, ensuring low transaction fees and fast processing times. SPS aims to enhance player engagement and decentralize decision-making within the Splinterlands community.

To obtain more information, you can visit their website: https://splinterlands.comand try to log in or register to use more services.

Pros & Cons

Pros:

• Governance: Holders can influence the future of Splinterlands through voting on game mechanics, tournaments, and development roadmaps.

• Earning Potential: SPS offers multiple ways to earn, including staking for rewards, earning through gameplay, and through airdrops.

• Established Game Integration: Unlike some governance tokens, SPS is tightly interwoven with the popular Splinterlands game, offering utility and value within the gaming ecosystem.

• Faster Transactions & Lower Fees: SPS resides on the Binance Smart Chain (BSC), known for its speed and affordability compared to Ethereum.

• Community-Driven Approach: SPS empowers players to have a say in the game's direction, fostering a more engaged and invested community.

Cons:

• Exchange Dependence: The safety of your SPS relies on the security practices of the exchange you use to buy and store it.

• Market Volatility: The cryptocurrency market is inherently volatile, and the price of SPS could fluctuate significantly.

What Makes SPS (Splintershards) Unique？

A few key features set Splintershards (SPS) apart from other blockchain gaming tokens:

• Deep Integration with a Popular Game: Unlike some governance tokens loosely connected to their games, SPS is tightly woven into the fabric of Splinterlands, a well-established trading card game with a passionate player base. This intrinsic value within the gameplay ecosystem makes SPS more than just a voting token.

• Multiple Earning Opportunities: Beyond governance, SPS offers various ways to earn rewards. Players can stake their tokens, participate in play-to-earn activities within the Splinterlands game, and even receive airdropped tokens. This multi-pronged approach incentivizes holding and actively engaging with SPS.

• Focus on Player Influence: The emphasis on governance through SPS grants players a real say in the future of Splinterlands. Voting rights on key aspects like tournament structures and battle mechanics empower the community to shape the game's direction.

• Strategic Use of Blockchain Technology: Splinterlands opted for the Binance Smart Chain (BSC) for SPS due to its lower transaction fees compared to Ethereum. This ensures a smoother user experience for players interacting with the token.

In essence, SPS goes beyond simply being a governance token. It's a core element within the Splinterlands ecosystem, offering players a voice, earning potential, and a stake in the game's ongoing development.

How does SPS (Splintershards) Work？

Splintershards (SPS) injects a powerful dose of player influence and earning potential into the Splinterlands gaming experience, which itself runs on the Hive blockchain.

As a governance token on the Binance Smart Chain (BSC), holding SPS grants you voting rights on critical game decisions, from tournament formats to battle mechanics. This empowers the Splinterlands community to shape the future of the game they love.

But SPS goes beyond voting. Staking your tokens unlocks rewards, while the “play-to-earn” model of Splinterlands could be further enhanced with the integration of SPS. And to incentivize existing players, a portion of the SPS supply was distributed via airdrop.

Technically, SPS resides on the separate Binance Smart Chain (BSC) for speedy transactions and lower fees. Oracles, chosen by SPS holders, bridge the gap between the BSC and the Hive blockchain where the Splinterlands game operates, ensuring smooth interaction between gameplay and the SPS token.

SPS isn't just a governance token; it's a core element that bridges the Splinterlands game on Hive and the world of DeFi on BSC, empowering players, offering earning opportunities, and fostering a community-driven approach to the game's evolution.

Market & Price

Coin airdrop:

The SPS token airdrop will distribute 400 million tokens (13.33% of the total supply) to players over a year, based on their Splinterlands assets.

Daily airdrops reward players who hold assets longer, with tokens allocated by airdrop points assigned to various assets.

Key assets include Splinterlands cards, DEC tokens, booster packs, and land plots. External assets on platforms like Hive Engine and BSC are also eligible, ensuring comprehensive participation.

Price:

Splintershards (SPS) is currently trading at $0.01211 on May 18, 2024, which is a far cry from its all-time high. Here's a breakdown of its price extremes:

• All-time high: $1.27 (reached in July 2021)

• Current price: $0.01211 (as of May 18, 2024)

This translates to a massive drop of over 99% from its peak. It's important to consider this historical context when evaluating the current price and its recent fluctuations. While a 1.58% increase today might seem positive, it represents a very small movement in the grand scheme of things.

Exchanges to Buy SPS (Splintershards)

SPS (SPS) is available on several prominent cryptocurrency exchanges, including Gate.io, MEXC, Crypto.com Exchange, PancakeSwap, SushiSwap, BabySwap, CoinEx, Biswap, and Uniswap.

Gate.io (Centralized Exchange): A well-established platform offering SPS trading pairs with both USDT and ETH. It provides a user-friendly interface for buying, selling, and holding SPS.

Buying link: https://www.gate.io/ru/how-to-buy/splintershards-sps.

MEXC (Centralized Exchange): Known for its intuitive interface, MEXC allows users to buy SPS with various fiat currencies and crypto options. This exchange caters to both beginners and experienced traders.

Buying link: https://www.mexc.com/how-to-buy/SPS？utm_source=mexc&utm_medium=SPSprice&utm_campaign=howtobuy.

Crypto.com Exchange (Centralized Exchange): This popular platform offers the convenience of buying SPS directly with a credit card or debit card. Additionally, you can trade SPS with other cryptocurrencies already in your Crypto.com account.

PancakeSwap (Decentralized Exchange): As a leading DEX built on the Binance Smart Chain, PancakeSwap facilitates SPS purchases by swapping BNB for SPS tokens. However, ensure you have sufficient BNB to cover transaction fees.

SushiSwap (Decentralized Exchange): Boasting a loyal user base, SushiSwap offers SPS trading with various liquidity pools. This allows for better exchange rates depending on the pool you choose.

BabySwap (Decentralized Exchange): This rising DEX have lower trading volume for SPS compared to established platforms. However, it could be an option for users seeking a more innovative DEX experience.

CoinEx (Centralized Exchange): A veteran exchange known for its security and reliability, CoinEx supports SPS trading with established pairs like USDT and BTC. This offers stability for users familiar with these currencies.

Biswap (Decentralized Exchange): Focused on Binance Smart Chain projects, Biswap allows users to swap BNB for SPS tokens. This exchange caters specifically to users invested in the BSC ecosystem.

Uniswap (Decentralized Exchange): While Uniswap is a leading DEX built on Ethereum, buying SPS requires additional steps like bridging assets. This can be a more complex process for beginners.

These exchanges offer liquidity, accessibility, and various trading features to users interested in trading SPS tokens and other digital assets. Users can choose the platform that best suits their preferences and trading needs.

How to Store SPS (Splintershards)？

SPS (SPS) can be stored in its own MetaMask and Wombat.

MetaMask (Hot Wallet): A popular, user-friendly mobile and browser wallet that supports the Binance Smart Chain (BSC) where SPS resides. MetaMask allows you to securely store, send, and receive SPS tokens.

Wombat (Mobile Wallet): This mobile-first, non-custodial wallet is still under development but aims to offer secure storage for SPS tokens on the BSC. It's important to stay updated on Wombat's progress to ensure SPS compatibility before relying on it for storage.

Is It Safe？

Splintershards (SPS) operates on the Binance Smart Chain (BSC) for faster transactions and lower fees, while the Splinterlands game itself resides on Hive. While not entirely risk-free, SPS benefits from established blockchains and offers earning potential through staking, gameplay, and potential future airdrops. However, always do your own research before investing in any cryptocurrency.

How to Earn SPS (Splintershards)？

There are several ways to earn Splintershards (SPS) within the Splinterlands ecosystem:

1. Play-to-Earn:

• Ranked Battles: The core gameplay of Splinterlands involves battling other players in ranked matches. By winning these matches, you can earn Dark Energy Crystals (DEC), the in-game currency. Some portions of future updates might directly reward SPS for skilled gameplay.

2. Staking:

• Staking your SPS tokens allows you to potentially earn rewards. The specifics of staking rewards are still under development, but the concept lets users gain additional SPS or other benefits by locking their tokens for a set period.

3. Airdrops:

• Splinterlands distributed a portion of the total SPS supply through airdrops to existing players who held Splinterlands assets. This incentivizes players to actively participate in the game and rewards them for their loyalty.

4. Governance Participation:

• While not directly earning SPS, holding SPS grants you voting rights on crucial aspects of the Splinterlands game. This allows you to influence the future development and benefit from the success of the game you helped shape.

Conclusion

Splintershards (SPS) injects a layer of player influence and earning potential into the well-established Splinterlands game. While not without risks, SPS leverages the security of the Binance Smart Chain (BSC) for token transactions and offers various ways to earn, like staking and through gameplay. For fans of Splinterlands who believe in its future, SPS offers a chance to participate in the game's governance and share in its success.

As SPS continues to evolve with upcoming developments and initiatives, staying informed through official channels and educational resources ensures a deeper understanding of its utility and investment potential.

Frequently Asked Questions (FAQs)

• Question: What is Splintershards (SPS)？

• Answer: SPS is the governance token of the popular blockchain trading card game Splinterlands. It allows players to influence game decisions and earn rewards.

• Question: Where can I buy SPS？

• Answer: SPS is available on various cryptocurrency exchanges, including Gate.io, MEXC, Crypto.com Exchange, and decentralized exchanges (DEXs) like PancakeSwap and SushiSwap.

• Question: How do I earn SPS？

• Answer: SPS can be earned through staking, skilled gameplay in the future, and from airdrops.

• Question: What blockchain does SPS operate on？

• Answer: SPS utilizes the Binance Smart Chain (BSC) for faster transactions and lower fees, while the Splinterlands game itself runs on the Hive blockchain.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.