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Testing out wax, more vouchers and more chaos

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Belemo
@belemo
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Splinterlands is a game and an investment opportunity that pays dividends in many folds. The means to earn are spread across different blockchains and wax blockchain is one of them.

Wax blockchain is one of the leading platforms that focus on NFTs. The token used on the platform is called WAX or WAXP and is listed on Binance, as well as a number of other exchanges.

Sometime in February, I experimented with moving my Splinterlands assets to Wax blockchain. I was just experimenting and wanted to try out something different from hive.

So back then, I moved a gold foil Undead Rex, Gold Foil Ant miner and one normal foil exploding dwarf to Wax. I listed all of them for sale and forgot about it.

Since then, I didn't touch the assets over there. The SPS airdrop shows wax blockchain has some assets but again, I didn't bother checking.

Yesterday, I saw a tweet from one of my favourite NFT games accounts talking about listing monsters on Wax. Then I decided to go check it out and it turns out the gold foil Undead Rex was sold for 55 Wax.

At the current price of Wax tokens, that's about $35. It's not a lot but that's not the point of this post.

The point is to highlight the fact that there's a market for Splinterlands assets outside of Hive blockchain. Exploring those external markets might even introduce you to other opportunities that you didn't even know were there.

Growing pain, exploring, and trades

Initially, I had a hard time navigating Wax platform. It's normal since it's a different blockchain and for a long time, Hive was all I knew.

However, when I figured out which wallet to use and how it works, everything became clearer. With that said, it still gives me trouble from time to time because the wax wallet isn't a web extension.

The other thing for me to figure out was how staking worked. I'm guessing wax is some kind of fork of EOS blockchain because they have plenty of similarities.

One of the obvious similarities is the need to purchase Ram storage on-chain to enable you to perform transactions and hold data.

I didn't know about Ram initially, so for a while, I couldn't do anything with the monsters I held. Then after some exploration, I figured it out and bought some RAM with the WAX I got from my single sale.

After that, I also looked at the staking rewards opportunities there. It's kind of like hive where you vote for a witness and then you earn HBD in savings.

I wouldn't say I'm completely comfortable with Wax but at least I can navigate the platform. I intend to explore a bit more and might even use this approach to get involved in other blockchain games.

Other than Splinterlands assets, there are NFTs from many other games listed here. Wax is like the melting pot of NFT markets from every blockchain. So whether it's art, games, audio, or metaverse assets, you can get it on Wax.

More Vouchers and sacrifices

Still, on the topic of NFTs, the boosted voucher airdrop is in effect now. I'm currently earning two vouchers a day.

Unlike the first airdrop, you can only mint chaos legion packs with Credits. Thankfully, I have been buying credits for a while, so I'm going to be adding to my collection.

Yesterday, I bought two packs and I initially planned that I won't open it but I couldn't resist. I ended up opening the packs I got and the cards inside were mostly commons and Rares.

Anyway, I think I'll be opening every pack I get during this round of the presale. However, when the general sale kicks off in earnest, I'm going to buy at least 100 packs and hold half.

As I've said before, the general sale is going to end pretty quickly, so it's better you stay prepared for it. This current round of the sale that requires vouchers is already 30% complete and we're just on the second day. Imagine how fast things will move when we don't need vouchers to buy packs.

Anyway, in the last round of sales, I was able to sacrifice my participation in the airdrop for more packs. I basically sold vouchers for $19 and bought two packs every day. That's why I was able to get up to 59 packs, out of which 21 were airdrop packs.

Right now, the price of packs and vouchers are almost the same, and I'm also earning two vouchers per day.

Assuming I sell the two vouchers for packs, I'll save Credits but miss out on airdrop. The problem is that even if I buy packs for the thirty days, it'll only amount to 60 packs for the airdrop.

60 packs increase my chances but based on the amount of competition, it's very unlikely that I'll get the airdrop.

The main reason I was stacking credits was because of the general sale. Now I have to spend the credits on this second round of sales.

The only good thing is that my Splinterlands rentals business is doing well and I've been pulling upwards of $10 per day from rentals. So at some point, I'll just redirect some DEC towards credits.

Speaking of DEC, I also made a sale yesterday, and that DEC will be held. I looked at the price of DEC and it was far lower than previous highs, so I figured selling now at any dollar rate will give me morE DEC than usual. It will invariably increase the amount of SPS tokens I earn.

I originally didn't want to sell the monster but after giving it some thought, I think selling and holding DEC for SPS is better than putting it out for rent. Yes, I know the price of the monster might rise after I sell it but that's a sacrifice I'm willing to make.

The beauty of Splinterlands is that there are different strategies that you can employ to earn. The most important thing is that it works out for you in the long run.

You have to make decisions based on your circumstances. Always priorities your deck, your finances, and how you can come out in a better place at the end of the day.


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