What's up Land peeps - it's your buddy CaptainDingus with a bit a of a late night article...
Tbf it's only 9:37pm as I start typing this but that's late for me as I have worked well over a 12h day.
However, in my last post, I showed a viable and profitable renting strategy for Landowners!!!
But, as it was pointed out by some of my friends on here - Legendary Lands are VERY EXPENSIVE...
So I said... gee I wonder if COMMON PLOTS could be profitable to Rent Cards to work them!?!
Read on to find out!
Common Grain Plot: RF Legendary Workers
The test: Let's say we start with the basics... we buy our first Plot and it's a "Grain Plot" because we will be self sustaining from the jump!
Common Grain Floor:
It looks as if the Common Grain Plot floor is $15 - although there's only one of those...
So... what does a Max RF Legendary Worker rent out for???
You can rent TONS of them at 1 DEC/Day!!
Ok that's perfect - cheap labor secured!!
Now - let's see what kind of Grain we produce and if we can turn a profit... and at what cost...
Common Bog: 5 RF Legendary Workers
Produce: 165 Grain/hour Tax: 10% (-16.5 Grain) Consume: 75 Grain/hour
Net Grain/hour: 165 - 16.5 - 75 = 73.5 Grain/hour Net Grain/day: 73.5 * 24 = 1,764 Grain/day = 16.88 DEC/day
DEC/day = 16.88 Rental Expense: 5 DEC/day
Profit: 16.88 DEC/day - 5 DEC = 11.88 DEC/day Profit!!
Woohoo!! You CAN Rent Workers for Common Plots to earn a profit!
While I am glad we just learned we CAN do this... the question now becomes... SHOULD we do this...
Let's consider the costs:
$15 for Plot 5 DEC/day for Workers 5k DEC for Powerplant
I feel like something is missing... oh right... of course...
FIFTY THOUSAND DEC TO STAKE FOR THE WORKERS
So... if we tie up:
$15 + $3.50 + 5 DEC/day + $37.50 = $56 + 5 DEC/day...
We can earn... 11.88 DEC/day
So while it DOES work... you could just buy $56 worth of playable cards and rent them out for WAY MORE than 11.88 DEC/day lol
Conclusion: Bad Investment Idea
@seattlea and @unitmaster - there you have it! Conclusive proof that you CAN do it... but you probably SHOULDN'T lmao
Next time - we can check Rare + Epic Plots as I am off to bed!!
Of course, if there is anything else y'all would like to see with Land - drop a comment below and we can try and find a way to make a few DEC from it!
That's all I have for you today folks!! Thank you for reading and I would LOVE for you to join me in game!!
Naturally, after everything leading up to this moment, I believe Splinterlands is one of the BEST web3 games out there!
It brings the #play2earn feature to the forefront of development as well as many opportunities for people to earn rewards - whether Player or Investor!!
If you're interested in the future of gaming, it's worth checking out!
You can sign up here: Splinterlands
Cheers 🍻,
- CaptainDingus
