NFTs and crypto will eventually be the tools to get entry into the virtual realm of the virtual world. In this article, we will compare Decentraland(MANA) vs Splinterlands(SPS) on Tokens, Gameplay, Market Cap, and Price.
You may use NFTs to access digital products like virtual houses and enterprises, as well as digital apparel, art, and other virtual products. Your NFTs are protected by the metaverse network, which prevents them from being duplicated or hacked.
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Decentraland(MANA) vs Splinterlands(SPS) Overview
Decentraland is a VR platform where you can purchase, sell, and manage virtual properties (called LAND). You may customize and expand your universe any way you choose, and you can explore this form of the virtual world from the comfort of your phone, laptop, or virtual reality (VR) gear. You’ll require Decentraland MANA to get started. MANA is the indigenous cryptocurrency that allows you to use interactive applications, pay for products and services, and buy additional real estate.
MANA is well-known metaverse crypto that is commonly accessible, making it appealing to even the most inexperienced user. The Decentraland metaverse also offers users fascinating interaction activities such as festivals and events, as well as dynamic entertainment places that rival those available in the physical world. Decentraland is expanding and has a thriving development staff, giving you a wide range of alternatives and possibilities. After Facebook revealed its title change to meta, which prompted increased interest in digital asset currencies, MANA rose 400 percent to a record high of $4.16.
MANA and Decentraland, as prominent as they are, do have certain disadvantages. MANA is built on the Ethereum virtual world blockchain, which offers strong security but also high gas costs. Users seldom see another user “in the wild,” which may make the experience isolated. The scenery is monotonous, and there isn’t much to do. The platform, on the other hand, is continually being updated to bring new features and possibilities, and Decentraland tokens may be used in a variety of ways.
Splinterlands is a blockchain-based collectible card game that allows players to play and receive prizes for completing various in-game tasks, such as winning skill-based games and 1v1 game variants.
Non-fungible token (NFT) technology is used to support the trade cards owned by the game’s participants, making each one unique. Potions, rolls, lands, and customizable skins are some of the other in-game goods that may be purchased in Splinterland.
Splinterlands in-game objects can be bought and exchanged in the game’s market, or rented out to other players. NFT sites such as OpenSea, Monster Market, and many others list the video game’s collectible cards.
Due to its consistent growth since its introduction, Splinterlands has been regarded as among the most prominent NFT-based games in the industry. According to recent reports, the site has garnered over 100,000 gamers. One of the main causes was the introduction of the rental system, which allowed gamers to start playing the game without having to pay any money. Now, let’s read some about its gameplay.
Decentraland(MANA) vs Splinterlands(SPS) Gameplay
Decentraland is a project based on the Ethereum (ETH) network that aims to create an open virtual environment in which people may interact as they would in the real world. This means kids may use the virtual environment to mingle, explore, and exchange. And it’s all owing to distributed ledger technology, which allows people to build unique personas of themselves and make peer-to-peer purchases and transactions.
The gameplay harkens back to the early days of digital environments like Habbo and Second Life. Your character will appear at Genesis Square when you access Decentraland, which is a type of ‘hotel lobby’ for gamers. You may find information on Decentraland’s numerous events, games, and popular venues here. Because new players are usually the first to come, it’s a terrific area to meet and connect with a lot of new people.
Water, death, light, fire, earth, dragon, and neutral are the seven (7) groups from which users must pick.
The player will next be prompted to select a card to play depending on the factions present in the game. Players, on the other hand, have a mana cap, which restricts the number of games they may play each day.
The player is matched with an opponent in a comparable bracket via the matching algorithm. Customizable skins and potions can also increase the qualities of each card. Splinterlands, on the other hand, unlike other games, constantly provides players the opportunity to earn prizes through quests and other in-game events.
To play Splinterlands, all you have to do is create a platform login and download a Web3-based account like Metamask. Furthermore, once you’ve made your membership, you may activate it for $10 by purchasing a Summoner’s Spellbook. Nevertheless, if you only want to test the game for free, you can wait till later to buy the Spellbook.
You cannot receive in-game awards, participate in competitions, trade in the market, or undertake other in-game transactions until you have acquired a Spellbook.
Decentralized Autonomous Organization
Smart contracts built on the BSC protocol will regulate the Splintershards DAO. This will make it easier for users to pay gas costs when transacting on the network, as well as allowing more individuals to engage in the platform’s governance activities. Users will be able to stake SPS soon. As a result, they will be able to earn additional SPS tokens as prizes.
The SPS token will be managed by the DAO, which will have complete power over all elements of the token. Stakeholders of the SPS token can decide on changes to the operations of smart contracts linked with the token.
Oracles will be utilized to verify that the in-game metadata and the cryptographic protocols for governance are properly linked. Oracles will oversee exchanges and in-game operations in Splinterlands that take place on the Hive blockchain, as well as the properties of the SPS coins on the BSC blockchain technology.
The DAO will also be able to choose which oracle to utilize for the platform, with the oracle responsible for feeding in-game data to SPS payment systems and vice versa. Oracles will also be rewarded for their contributions to the network.
SPS units can be placed to gain rewards in the form of additional SPS tokens. These can be utilized to engage in the game’s governance functions or to take advantage of unique SPS promotions, bonuses, and offers.
Please remember, however, that SPS tokens that have already been locked cannot be transferred or sold on exchanges. SPS tokens require a four-week minimum unstaking time. 25% of the entire quantity of tokens will be reverted to flowing SPS tokens after unstaking. This will be repeated every 4 weeks until the unstaking is completed.
You will be allowed to continue engaging in the system’s DAO if you risk on a BSC digital wallet. You will only be able to vote on administration functions connected to the game if you stake through Splinterlands, except for the DAO. Both staking options, though, guarantee SPS payouts.
Decentraland(MANA) vs Splinterlands(SPS) Tokens
Decentraland is a virtual environment where users may buy, sell, and produce non-fungible tokens, as well as virtual real estate and artworks Users can do so by playing video games and participating in other virtual ventures. It’s based on Ethereum’s network. Decentraland’s development is monitored through two types of tokens. These are the following:
The platform’s primary administration tokens are Splintershards (SPS). These are also embedded into the game dynamics, allowing players to vote on critical protocol decisions and settings. The game’s decentralized autonomous organization (DAO), which grants players a portion of the game’s property, supports this notion.
The Binance Smart Chain (BSC) will underpin SPS coins, which will have a total quantity of 3 million tokens. 400 million of these coins will be used to award players and collectors for their involvement in in-game combat, guild wars, competitions, and other activities.
Decentraland(MANA) vs Splinterlands(SPS) Price and Market Cap
Market Cap ₿92,969
24 Hour Trading Vol ₿8,845
Fully Diluted Valuation ₿153,661
Circulating Supply 1,327,372,145
Total Supply 2,193,908,627
Max Supply 2,193,908,627
Market Cap ₿1,706
24 Hour Trading Vol ₿81.272
Fully Diluted Valuation ₿14,674
Circulating Supply 348,834,919
Total Supply 453,437,499
Max Supply 3,000,000,000
Top Blockchain Games
This interactive virtual network has been active since 2012 as a conventional iOS, Android, and Windows application, but when it was purchased by Animoca Brands in 2018, it shifted its focus to the blockchain. The videogame is all about the players’ imaginations, and the stuff they create is all part of the ever-expanding Sandbox universe.
The Sandbox is inspired by games like Minecraft and Roblox, but it aims to give consumers more authority and ownership over the game than the producers. It makes use of NFTs to give users ownership of their works and to reward them for contributing to the game’s ecology.
Users may use the VoxEdit tool to build in-game products, which they can later sell on Sandbox’s online platform.
The Six Dragons
It provides a platform for developers to create blockchain games and the tokens that fuel them, as well as wallet and marketplace applications. Enjin Coin (ENJ), the platform’s indigenous token, is an ERC-20 coin that supports in-game commodities provided by games on the network, enabling them to be openly exchanged.
The capacity to create and make products to use or sell must be gained, rewarding players who engage in the gameplay and contribute to the game’s ecosystem’s growth.
In this game, users purchase and nurture adorable tiny animals known as Axies while battling other users in PvP style or the game’s AI in PvE gameplay.
To get started, players must purchase a minimum of 3 Axies, with the lowest beginning at 0.0421 ETH (about $75). This entails a sizable initial outlay, but the time and effort you put into the game will pay off in the form of Small Love Potions, which you may acquire by winning battles (SLPs). These are just the game’s utility tokens, and they may be used to produce additional Axies to sell to other gamers. The greater the breed count of an Axie, the more costly it is.
Blockchain Games and Virtual Worlds
Before we get into the main comparison topic, let’s take a look at how the video game industry has evolved from its start. To begin with, the video game business has grown from a technical curiosity to a multibillion-dollar enterprise. An industry with over two billion users globally and a year-on-year increase.
The latter is essentially what has prompted game designers to construct more complicated systems, to the point where they have created virtual worlds (metaverses), gaming systems in which hundreds and thousands, if not millions and millions, of players, engage and interact. And, like with any human interaction, these huge games necessitate the development of intricate systems to sustain their playability, one of which is economic systems.
For instance, the popular game EVE Online has around 9 million members and has set multiple activity records. Nevertheless, EVE Online’s most notable achievement is its in-game economic model, which is so complicated that the firm had to recruit economists to plan and manage it. In reality, the game’s virtual money, ISK, is utilized by players as a real-world trade currency. Briefly said, some people play EVE Online, make money out of the game, and then swap that money for real-world services with no difficulty.
This same concept underpins the usage of salt, gold, and the contemporary role of fiat currency as a money form. The virtual money earned in these games, on the other hand, is highly centralized, limiting its utility and fungibility outside of the gaming community’s creations. In other words, your currencies or goods are only legitimate for the game’s participants; for the rest of the world, that coin is worthless, and its value is nil.
Decentraland has rapidly become a popular game, with many people attempting to duplicate its popularity. The concept of blockchain-powered metaverses is still in its infancy. Despite this, industry titans such as Enjin (the developer of Minecraft) have already jumped in with both feet to make them the industry’s future.
In the meanwhile, crypto metaverses will continue to develop. Let’s not be shocked if the next AAA game has bitcoin functionality: All to allow gamers to earn money, maintain, migrate, and exchange their treasures. Of course, in such a volatile business, video game firms will have to discover new ways to generate revenue.