What is Splinterlands?
Splinterlands is a blockchain-based collectible card game that offers a unique and innovative way to earn cryptocurrency passively. The game is built on the Hive blockchain, which is a decentralized blockchain that allows for fast and low-cost transactions.
In Splinterlands, players collect and trade cards, which are used to battle other players in a turn-based combat system. Each card represents a different character with unique abilities, and players can create their own decks of cards to use in battles.
Players earn rewards for winning battles, which can be in the form of in-game cryptocurrency called Dark Energy Crystals (DEC) or other cryptocurrencies such as Hive (HIVE). These rewards can be used to buy new cards or can be exchanged for other cryptocurrencies on various cryptocurrency exchanges.
The game also features a marketplace where players can buy and sell cards for cryptocurrency, providing a way to earn cryptocurrency passively by buying low and selling high. Additionally, Splinterlands hosts regular tournaments that offer cryptocurrency rewards to the winners.
One of the unique features of Splinterlands is that the game is owned and operated by the players themselves, rather than a centralized company. This means that players have a say in the direction of the game and can earn passive income by supporting the ecosystem.
How can you earn cryptocurrency passively with Splinterlands?
Here are six ways you can earn cryptocurrency playing Splinterlands:
1. Collect and trade cards
Collecting and trading cards is one of the most popular ways to earn cryptocurrency passively in Splinterlands. The game has a robust marketplace where players can buy and sell cards for cryptocurrency. The prices of the cards can vary greatly depending on their rarity and usefulness in battles. To earn cryptocurrency passively through trading cards, players can invest in cards that they believe will increase in value over time, or they can use market analysis tools to buy low and sell high. Additionally, players can use limit orders to buy and sell cards automatically, ensuring they are always earning cryptocurrency passively.
2. Participate in tournaments
Tournaments are a great way to earn cryptocurrency passively in Splinterlands. The game offers a variety of tournaments, including daily tournaments, weekend tournaments, and special event tournaments. The rewards for winning tournaments can range from small amounts of cryptocurrency to large sums, depending on the tournament’s size and difficulty. Players can enter as many tournaments as they want and play as many games as they want, allowing them to earn cryptocurrency passively by competing against other players.
Staking is a passive way to earn cryptocurrency in Splinterlands. Players can stake their Dark Energy Crystals (DEC) and earn rewards in the form of additional DEC or other cryptocurrencies. The amount of rewards earned depends on the amount of DEC staked, the length of time it’s staked, and the overall popularity of the game. Staking also helps support the game’s ecosystem by providing liquidity to the market and helping to stabilize the price of DEC.
4. Referral program
The referral program in Splinterlands is a way for players to earn cryptocurrency passively by inviting their friends to the game. When a player refers a friend, they earn a percentage of their referred player’s earnings. The referral program can be a great way to earn cryptocurrency passively over time as players continue to play and earn rewards. Additionally, the referral program helps the game grow and brings in new players, which can increase the overall value of the game and its rewards.
5. Rent your cards
Renting cards is a way to earn cryptocurrency passively in Splinterlands by allowing other players to use the cards in battles. When a player rents their cards to another player, they earn a rental fee in cryptocurrency, while the renter can use the rented cards to play battles. Renting cards is a great way to earn cryptocurrency passively by utilizing cards that may not be currently in use, and it also allows players to earn a profit on cards that they own but may not have a use for at the moment.
6. Season rewards
Season rewards are another way to earn cryptocurrency passively in Splinterlands. At the end of each season, players receive rewards based on their rank on the ladder. These rewards include Dark Energy Crystals, booster packs, and other in-game items that can be sold on the marketplace for cryptocurrency. To maximize season rewards, players should try to climb the ladder and achieve a high rank at the end of the season.
In conclusion, Splinterlands is an excellent way to earn cryptocurrency passively by playing an exciting and innovative game. By collecting and trading cards, participating in tournaments, staking, utilizing the referral program, and renting cards, players can earn cryptocurrency passively and support the Splinterlands ecosystem at the same time.