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New rewards changes good or bad? And it's potential effect.

BY: @splinterbin | CREATED: May 15, 2022, 9:09 a.m. | VOTES: 29 | PAYOUT: $12.82 | [ VOTE ]

[IMAGE: https://files.peakd.com/file/peakd-hive/splinterbin/23wqnnQS5uvxYB11fHg1cxi78GHzFZMY6xJwnEF8W2PSdtfHiQGZTBjJCkwNBFZHagNPS.jpg]

This morning splinterlands announced the planned new rewards system which will be release on 22th May. It's really a exciting announcement for most of us.

Click for more: šŸ‘‰šŸ‘‰šŸ‘‰ New Reward system announcement

In this announcement, it includes 4 main portions. the rest ones, I will skip. In stead the reader can go the original article from Splinterlands:

In overall, the new reward system requires players to accumulate the "Rewards Shares" in order to claim the number of loot chest depends on how many "Rewards Shares" they have. The "Rewards Shares" could obtained via winning the ranked battles.

[IMAGE: https://files.peakd.com/file/peakd-hive/splinterbin/23swi6AbLkLvj6bQDkCgQD23fbtDUoFNSGPgQ2tLm8k7CrFx4jWA2WCUWu2qJF9dpqjoW.png]

Immediately, the question is why the Diamond and Champion Rewards Shared required for 100 Chests are significantly lower than Gold league. if this is the typo from splinterlands?

[IMAGE: https://files.peakd.com/file/peakd-hive/splinterbin/23swnK6mmPn2ZiCwGKzLpZmEDfTknMQEwWi8oZUyrXapEikQnyyr9P5UiEyUUgbehzA7H.png]

[IMAGE: https://files.peakd.com/file/peakd-hive/splinterbin/23tGXnHDBp9cDk2La5ynRsGe1d3PKkmX13K3qLJ8Uk5Mi2axZ5xs1kkuMKCDBp1Dgqkvu.png]

With all these key changes, here I have few thoughts and the final takeaways

  1. Generally it will increase the earning for all players including bots.

  2. Unrealistic chest qty is described in the announcement for human players, but it's more achievable for Bots. Eg. "It can reaches 150 chest for each leagues" but the question is how it's achievable for human players without 7/24 battle? Can ignore this question for bots owners.

  3. Get rid of starter cards will solve the issues that bots take economy out from system without investing in cards. Therefore more or less the change will drive the rental cost or cards price up but it has limited effort for the low level bots. Anyway, starter cards do not work at all when you go to silver or gold up leagues. Therefore it does not solve the problem "I have all my own cards and I use bots to farm rewards 7/24 while rest human players plays significant less" therefore the rewards.

  4. More rewards (either cards or Dec) will be dumped into the market and players for the favor of "increasing rewards" . But it also will inflates the market which results the devalue of the asset to in splinterlands. Maybe more cards, DEC will be received but with all those get devalued ,may end with same total value or even lower.

  5. Potentially this change pushes the game more toward to the bots centroid strategy. Eg. One of my friends recommended a bot which requires $10 to purchase the NFT licence token to use. And rest charge just deduct from what bot helps you earn. Take gold league as example, bot takes 15% and 10% for diamond up leagues. What a nice deal to have the bot manage my gold deck account and farm that 150 season end chests ,420 daily chests (30/day x 14 days) and pay it 70 chests as commissions. Even the bots will take 50% the remaining will be still better than most of the human player who plays manually.

Takeaways from all above.
New rewards system will be exciting changes. But if the bots will not get controlled, this change will bring more downside than up. More human player from different leagues will go to bots to max the earning from the new system. Eventually turn game to be bots centroid environment.

https://splinterlands.com?ref=splinterbin

TAGS: [ #splinterlands ] [ #play2earn ] [ #rewards ] [ #update ]

Replies

@imno | May 15, 2022, 7:10 p.m. | Votes: 1 | [ VOTE ]

Spot on. I was floored when they said they spent months thinking and discussing this and the main problem they see with the entire economy is starter cards. While most bots are currently in lower leagues that do use starter cards, the real versions of the starter cards are so abundant that you can rent most of them for .1 dec per day. How many do they need to rent each day when the whole day has a focus of one splinter? Maybe 15 cards so they aren't running the exact same team every time?

That's $0.0015 per day.

So now that bots are going to spend a tenth of a cent per day to get paid out 100's of times more more units of currency per season (can't even say value because its going to collapse), the economy is mostly fixed. That's what the devs believe.

Let's say this really pushes rental prices up on those cards though to 1 dec each. A full 10x. It's now $0.015 cents per day they have to spend in order to farm 150 chests plus the dec rewards for playing and the 30 chests for daily rewards.

And as you pointed out, it doesn't do anything to the bots running in higher leagues.

This game is doomed at this rate. I just can't for the life of me figure out what is wrong with the devs. This isn't that hard to figure out. Why do so many smart people running crypto projects believe in magic math and wishful thinking? Why do so many people think because they left ECR alone, the bots are now extra thwarted by ECR when they weren't before? Nothing changed except better rewards for those who can optimize their ECR and spend more time playing. That's bots.

I just can't

!LOLZ

THGAMING

PGM

ONEUP

@lolzbot | May 15, 2022, 7:11 p.m. | Votes: 0 | [ VOTE ]

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@lolzbot | May 15, 2022, 7:12 p.m. | Votes: 0 | [ VOTE ]

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@splinterbin | May 16, 2022, 4:40 a.m. | Votes: 0 | [ VOTE ]

Done the delegation.see what it will get back. Looking forward. šŸ¤‘

@splinterbin | May 15, 2022, 10:15 p.m. | Votes: 1 | [ VOTE ]

Heh. They stress too much ok low level bots and missed this heavy potential rewards will drive human players to bots.

@imno | May 15, 2022, 11:37 p.m. | Votes: 0 | [ VOTE ]

Once people go to bots, this just becomes "passive income". All that matters about the game to those people then is the math. If that happens enough the game dies.

To see smart people like Jarvie arguing in the comments that bots are just like people makes me sad.

!PGM

@pgm-curator | May 15, 2022, 11:37 p.m. | Votes: 0 | [ VOTE ]

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@splinterbin | May 15, 2022, 11:52 p.m. | Votes: 0 | [ VOTE ]

The sad thing is those changes are big drivers to expedite the movement from human to bots, if the bots neutral policy will be maintained. Myself as an example. I'm also considering the movement if nothing will change . Can not change then join. 😁

@steemmonsters | May 17, 2022, 9:36 p.m. | Votes: 0 | [ VOTE ]

Thanks for sharing! - Underlock#8573
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Good work!

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