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Silver Gold Stackers

Update on SGS Splinterlands Asset Sale

For the last 3 weeks I've been working to sell off the remaining liquid Splinterlands Assets for SGS via the established markets. This is a bit of a tedious job but I'm happy to advise that the bulk of the lower value and recently minted cards have been sold and there are just a few holdouts where it's tough to catch a bid. Typically these are Legendary Beta Edition cards from the very early days which are illiquid in the markets and have a price tag over $10. These cards are struggling to hold relevance in the current Meta and yet they are also too good to put on Land so the buyers are a bit scarce.

AssetSales.png

I'm going to give it another week or so to see if I can finish off this sale process and then I'll be able to distribute the Final Dividend discussed in my Previous Post. As such I'll ask for a little bit of patience from PRECIOUS Token Holders as I work to move these more illiquid assets on.

I can advise that after pulling the sale proceeds (so far) back to the Hive Wallet we have 4,831 Liquid Hive now ready for distribution and with another 260 SWAP.HIVE on Hive Engine I've moved up the Buy Wall on the PRECIOUS Token to 0.26. With just under 18,600 PRECIOUS Tokens in circulation you can do the math and see that the Final Dividend will be over 0.26 Hive per PRECIOUS. I've beefed up the buy wall in case there are holders out there who just can't wait to get their funds.

Of course if anyone out there wants to make a bid for these illiquid Legendary Beta cards that aren't selling then please get in touch with me over Discord. You'll get a good price, especially if you're buying more than one.

Thanks for your support and understanding

Comments · 4

  • @bozz(83)· 1d

    That's part of what pisses me off about Splinterlands. People with those cards are usually long time investors and it's sad that the game doesn't reward them for holding cards like that. The value of those cards should be insane. I think the only real use for them now is to put them on land, which is pretty sad. Are we selling our tokens now or are we just holding on until you do the distribution?

  • Thanks for the update Bugs 🤗 I'm in no hurry.

  • @bulliontools(76)· 1d

    Thank you for doing this!

  • @thekittygirl(75)· 1d

    THANK YOU for doing this! As far as I'm concerned, whatever time is required is fine! I'm sure you are doing your best for SGS, but also do what gives you less stress, personally! 💞