Tonight was a lot of fun :)
If you haven't had a chance to check out what we're doing for the INDEX token, be sure to swing by the latest post on the ClickTrackProfit account here:
=> https://ctptalk.com/@clicktrackprofit/maximizing-the-spinterlands-returns-for-index-holders
Today we went over the purchase of INDEX's first GFL card in #Splinterlands as well as thoughts we're having about even more card and potential land investments in the game.
A great discussion and as always, we love having everyone come out and support the show!!
Hope you enjoy the replay here.
Vote for our Witness Node (clicktrackprofit) On..
Hive:
https://peakd.com/me/witnesses
https://wallet.hive.blog/~witnesses
Hive-Engine:
https://tribaldex.com/witnesses (clicktrackprofit)
▶️ 3Speak
That is a good strategy to use the gold foil legendaries as rental income. I have realized that anything level 1 generally rents better as well but the normal common cards can be tough since there is a minimum amount of 0.1 DEC to list.
Posted Using LeoFinance Beta
Been trying to rent out my maxed chain golem for a few days now...nothing lol
but a level one anything...right away
It's tough since the ones at that stage are the top of the top players. I would expect most of them to have an alternative so there just isn't enough of a demand for the max level cards.
Posted Using LeoFinance Beta
Watching the replay now buddy sorry I missed it. Mondays are a bit crazy for me lately. Holding Index is awesome :-)
That's why we love uploading them, so everyone can catch the replay :)
I think it's a really good idea to build a kind of rental business to generate an additional income for index holders. I would be less in favour of buying a plot because it may take eons before there is actually an income from it. It would maybe also be interesting to concentrate on purchasing summoners. For example Mylor Crowling at level 1 gives an APR of 130%. The advantage is that you could buy much more cards and have a more diversified income. In addition to that, it could be possible to rent them out to the index squad players so that they could play more powerful decks.
Ahhhhh good idea!
So like a Gold Foil Mylor?
I just checked. The GF Mylor gives a return of about 45%. The normal Mylor card gives a return of 107%. You could like buy an army of normal cards and if necessary upgrade them later when demand evolves. At the moment the people who are renting cards are mainly beginners. So they need a powerful summoner at level 1. Later the same players will need it at level 2. The advantage of concentrating on one specific card is that it's much easier to manage and also you know the market about the card. A friend did that for Alric Stormbringer. He bought almost the whole supply of the card at a certain time. The value of the basic card has skyrocketed.
Interesting strategy for sure
Or even a regular version?
Great stuff thanks for all your work buddy sharing this info with us
Thanks man, and for hanging out today on the podcast!
No problem bro great podcast
This is really cool and quite interesting. I love splinterland
Best thing on the web these days!
Yeah enjoyed it as always.
Awesome to hear that!
Summary:
The latest episode of Crypto Mondays hosted by John and Blaine delved into various aspects of cryptocurrency investment strategies, emphasizing passive income generation, the importance of real-world use cases for blockchain projects, and the significance of long-term investment approaches. The conversation covered topics such as earning voucher tokens through the Index project, the accessibility of cryptocurrencies like Shiba Inu on platforms like Robinhood, and the potential for passive income through Splinterlands game assets. The episode highlighted a community-driven approach to cryptocurrency ownership, education, and active participation in the crypto space.
Detailed Article:
The recent episode of Crypto Mondays hosted by John and Blaine was an insightful discussion on cryptocurrency investment strategies and the evolving landscape of blockchain technology. The episode commenced with Blaine sharing his positive experience earning voucher tokens through Index, a demonstration of the potential for passive income in the cryptocurrency space. Blaine emphasized the convenience of earning cryptocurrency on platforms like Hive without engaging in network marketing, indicating a shift towards sustainable passive income models within the crypto community.
The conversation then steered towards the popular cryptocurrency Shiba Inu, set to be listed on Robinhood, making it more accessible to a wider audience. The hosts highlighted the ease of purchasing coins on platforms like Robinhood, underscoring the role of accessibility in fostering increased adoption and mainstream acceptance of cryptocurrencies.
John and Blaine emphasized the importance of real-world use cases for cryptocurrencies, citing projects on the Hive blockchain like Hive-Engine tokens, Splinterlands, and Leo community as examples. They introduced the concept of a legendary card purchased by Index that generates rental income in DEC for token holders, showcasing the practical utility and earning potential of blockchain projects beyond speculative trading.
The discussion then shifted towards strategic investment opportunities within the Splinterlands game, focusing on rental income from gold foil legendary cards and potential revenue sources from land acquisitions. Blaine and John advocated for a passive, variety-driven approach to card collection to generate steady rental income and augment DEC payouts to token holders, aligning with the long-term vision of the Index project and its benefits for investors.
The episode also touched upon the concept of ownership in the cryptocurrency space, emphasizing that owning tokens equates to owning a stake in the project, thereby reinforcing the decentralized nature of cryptocurrency ownership. The speakers stressed the importance of understanding the utility and use cases of different cryptocurrencies, encouraging active participation, consistent posting, and content creation within the crypto community.
Moreover, the hosts discussed the 30-day challenge, promoting active engagement in the crypto space and community support for individuals building their brand and network within the ecosystem. They reiterated the value of involvement over passive observation, highlighting the community-driven nature of cryptocurrency ownership and the significance of participation and engagement in the ever-evolving crypto landscape.
In conclusion, the episode of Crypto Mondays provided valuable insights into passive income generation, real-world use cases for blockchain projects, and the community-driven ethos of cryptocurrency ownership. John and Blaine's emphasis on education, responsible investment practices, and active participation serves as a guiding principle for navigating the complexities of the crypto space, empowering listeners to make informed decisions and harness the potential of blockchain technology for long-term success.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.