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This proposal is for the SPS DAO to hire Steem Monsters Corp., the company behind the Splinterlands game, to design, develop, and operate a new mini-set of cards in a way that is focused on raising SPS tokens and stablecoins for the SPS DAO. The total cost for this project will be 1,200M DEC tokens paid up-front to the @splinterlands in-game wallet.
The upfront cost is higher than in the past because there is not planned to be any revenue share with the company for this set, meaning 100% of all revenues will go directly to the SPS DAO.
If approved, the new edition is planned to be released in December, 2025.
Mini-Set Edition Details
The Mini-Set Edition cards produced will be exclusive to this sales event and will not be available in any other packs or sales in the future. The character designs, art, names, and stats of the cards will be designed by the Splinterlands team, with input and playtesting from select community members.
This new edition will fall under the broader Conclave Arcana set, which means the cards will be usable in Modern format until Conclave Arcana rotates out and they will share all of the same properties as Conclave Arcana cards, such as collection power, burn rates, and production on land.
The edition is expected to be similar in size to the last mini-set (Riftwatchers) which contained 43 unique cards, and will include Gold and Black foil cards as well as the Arcane variants of each.
Pack Types
There are planned to be three pack types available for sale: Standard, Alchemy, and Legendary packs. The details of each of the packs, including number of cards, guaranteed cards, and drop rates, will be the same as the equivalent Conclave Arcana packs. Note that there will be no Starter packs for this edition.
10% of each type of pack will be reserved for the SPS DAO to use as needed via future proposals. The proposed number of each pack type that will be available as shown in the table below:
| Pack Type | Total Available | Reserved for DAO | Total for Sale |
|---|---|---|---|
| Standard | 250,000 | 25,000 | 225,000 |
| Alchemy | 50,000 | 5,000 | 45,000 |
| Legendary | 25,000 | 2,500 | 22,500 |
Pricing & Availability
Mini-Edition packs will be available for a period of 6 months on a first come, first served basis. After that, any remaining unsold packs will go directly to the DAO and can be used in any way the DAO sees fit.
The proposed pricing for each type of pack is shown below:
| Pack Type | Price in DEC/Credits* | Price in SPS | Price in USDC |
|---|---|---|---|
| Standard | 5,000 | 350 | $5 |
| Alchemy | 20,000 | 1,400 | $20 |
| Legendary | 25,000 | 1,750 | $25 |
*Note: For each Credit used, SMC will send an equal amount of DEC to the SPS DAO
The key here is that there is a significant discount for purchasing packs using the SPS token at current market prices. We expect that this will help provide additional utility and demand for the token as well as to help the SPS DAO accumulate more SPS tokens to use for future reward payouts.
Additionally, we propose enabling purchases of these new packs using USDC tokens, which will all go directly to the SPS DAO wallets. This will help raise much needed stablecoin revenue for the DAO so it will have less need to sell SPS or DEC tokens to pay for services in the future.
Presale
As with previous editions, we propose that there be a presale period where players can purchase packs of the new set before the set is released and earn additional bonuses for doing so.
These bonuses are expected to include two limited-edition promo cards (one Legendary and one Rare), a raffle for the Arcane variants of both cards, and in-game titles and promo cards for players who purchase the most packs during the presale via the leaderboard.
Proposal Reasoning & Expectations
The SPS DAO as the supplier of rewards to the Splinterlands reward systems is in perpetual need of SPS to further pay out these rewards. The rough payout for SPS ranked rewards each year runs approximately 100m SPS. It is therefore in the best interest of all SPS token holders to offer a sizable Mini-Set to attempt to replace the rewarded SPS, and possibly to earn more to improve their ability to meet future funding needs.
We believe that sales of a Mini-Set Edition is one of the best ways to bring in significant funds to both the SPS DAO and the Splinterlands company in the short term without distracting from our longer-term priority of bringing new players into the game. The amount of SPS gained could even surpass the yearly consumption of SPS to the reward pools. In addition, any USDC used for pack purchases will also strengthen the DAO’s overall liquidity.
Based on similar past events and the size of this set, we expect - but cannot guarantee - that the Mini-set is likely to sell out, in which case it would provide the following results if the set sells out in each currency:
1) 2,588m DEC 2) 181m SPS 3) $2.588m USDC
+25,000/5,000/2,500 guaranteed Standard/Alchemy/Legendary packs for the DAO ($287,500 at $ per packs)
Of course it's likely that the sales will occur in a combination of the available purchase methods, but it should be clear there is potential for the DAO to receive a very significant return on its investment, while at the same time refilling its coffers to bring stability and extend the life of the rewards system.
Please note that if this proposal, or one similar to it, does not pass, the Splinterlands company reserves the right to produce and launch a mini-set at its own expense and retain any and all proceeds.
Questions and Answers
The People’s Guild and several influencers in the community have requested a special interview with the team to answer questions regarding this proposal. A call with Dave McCoy is planned for Thursday, August 28th at 8:30 pm EDT.
Click here to join the conversion: https://www.youtube.com/live/WNO8eBw8E68
Please post any questions in this Peakd article or in the TownHall section of the Splinterlands Discord so that the interviewers can properly compile the questions for the 1 1/2 hour AMA.