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Why Has Splinterlands Grown So Fast?

vierxandeth

Published: 23 Sept 2021 › Updated: 23 Sept 2021Why Has Splinterlands Grown So Fast?

Why Has Splinterlands Grown So Fast?

Splinterland’s growth mirrors that of the NFT industry altogether, which has boomed in the past year– particularly in the month of August when trading volumes consistently exceeded $500 million per day. Likewise, Splinterlands saw 9X growth from July to August as a game that heavily depends on NFTs.

However, even amid declining trading volumes in September, the game’s user base continues to increase by the tens of thousands.

Part of what makes it and other blockchain-based games so attractive is its opportunities to earn reliably scarce cryptocurrency and NFTs while playing the game, which can then be traded in marketplaces outside of the game. This helps assign real and organic value to gaming items that traditional video games cannot.

This is evidenced by Splinterlands’ Summoner’s spellbook upgrade, which grants users the power to own their cards forever and to earn in-game rewards. 50% of users purchased this upgrade, indicating a specific interest in these functionalities.

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