Splintershards

What is SPS and how Does It Work?

The SPS token, identified as Splintershards (SPS), performs as a governance token in the Splinterlands realm, advancing decision-making potential for traders, asset owners, and stakeholders. SPS is embedded in the structure of Splinterlands, an imaginative collectible card game utilising blockchain, allied with the BNB Smart Chain platform. Players have the ability to create a compelling collection of distinctive cards and take part in skill-focused matches with different users. The baseline game can be engaged without any charges, although extra features can be accessed with the acquisition of a summoner spellbook. In Splinterlands, Splintershards are frequently described as the energy source, supposedly generated during an event termed the Splintering, and their potency is managed by the Wizards' Council who governed Splinterlands for a millennium. Additional insights on Splinterlands and the function of the SPS token can be acquired from approved Splinterlands research materials and educational posts.

The Vision and Mission Behind SPS

The Splintershards (SPS) token is a component of Splinterlands, a complex game involving strategic competition influenced by primal energies. Persons who hold SPS tokens play a critical role in transmitting considerable game data. Splinterlands, which originated from the creativity of Jesse Reich ("aggroed") and Matthew Rosen ("yabapmatt"), has seen SPS assume a notable role within a decentralized autonomous organization (DAO). With a flourishing community, it saw an influx of new players, creating opportunities for those holding and utilizing SPS tokens to propose alterations and contribute to the project's future pathway.

How to Buy and Store SPS?

To purchase SPS, Flooz.xyz offers a streamlined process. Traders can purchase the SPS token via Flooz.xyz, which serves as a one-stop solution for token acquisition. With a smooth checkout experience and support for all payment methods, Flooz.xyz eliminates the need for owning a wallet. Additionally, using Flooz self-custodial web wallet ensures seamless SPS transactions. This web wallet allows you to store, send, and receive tokens with ease. Creating a self-custodial wallet on Flooz can be done in a matter of seconds using your email, Google, or Apple ID. Not only does this optimize the trading experience, but it also gives you full control over your funds at all times with the power of cryptography. Furthermore, Flooz.xyz aggregates over 50+ providers, ensuring the fastest and cheapest payment routes for your trades. This unique combination of convenience, security, and aggregation has enticed over 85,000 active traders on Flooz.xyz.

SPS Metrics:

• Current price: $0.0079

• Market cap: $10.04 M

• All-time high: $1.07 (Jul 28, 2021)

• All-time low: $0.02 (Jun 28, 2023)

• Daily trading volume: $8.96 k

Exploring SPS Financial Mechanics

Splinterlands is a game built on the Hive blockchain that also utilizes the SPS token. This token serves to enhance the gameplay experience by reducing transaction costs and facilitating participation in the buying, selling, and trading of virtual assets. The game is fast-paced, featuring matches that can be completed within a short time. An additional feature, Splintershards, provides players the means to interact with the Splinterlands environment, giving rise to diverse gameplay possibilities. The game contains player-vs-player matches where participants can battle in both ranked and practice modes. A private sale was completed to support the project. The project responds to the growing need for blockchain-integrated games and distinct in-game assets. To promote speedy and cost-efficient transactions, the decision was made to utilize the Smart Chain in place of Ethereum. The release plan for the SPS token extends over a 65-month period. The Smart Chain operates on a proof-of-stake consensus system, selecting 21 new validators each day. This arrangement creates a dynamic setting for trading activities. The project also plans to provide airdrops and liquidity incentives. These incentives typically involve distributing SPS tokens to traders who hold Splinterlands assets, and dispersing tokens to DAO, team members, and advisors.

Advanced Insights: Mining and Ecosystem

The Splintershards token (SPS) has a role within a certain game that utilises the Hive blockchain platform. This platform leverages oracles to assist interactions between the Hive blockchain and the BNB Smart Chain. The game mechanics of Splintershard appear to center around obtaining these Splintershards. As a participant, there could be some appeal in accumulating them. The involvement of the Hive blockchain inspires fairness and allows for the documentation of activity in the game setting. Furthermore, Dark Energy Crystals (DEC) act as a utility token of the game. DEC introduces another dimension to the trading mechanism, enabling you to attain in-game items and engage in transactions with fellow players.