What Are Splintershards? Splintershards Fundamentals Review!
Comprehensive SplinterShards Fundamentals Review: A Beginner's Guide to SPS Token and its Features
By reading the article “Splintershards Analysis” published in Adaas Investment Magazine, you will get acquainted with What are Splintershards and the SPS token in general. This level of familiarity can be enough when you need educational information about this topic. Stay tuned to Adaas Capital for SPS Token fundamentals.
Table of Contents
What are Splintershards?
Splintershards are Collectible cards based on blockchain technology. The idea of these cards is similar to the Magic The Gathering game, in which users can create and develop cards with game features to participate in skill-based competitions between cards.
This game is free for its users, but they have to pay at least 10 US dollars to access all the features.
Splintershards and Blockchain.
When card games like Splintershards are played digitally, the possibility of owning the cards disappears. With blockchain innovation, users can prove their ownership, and the game can continue in the digital ecosystem.
Splintershards and NFT technology.
After the development of blockchain-based card games, the NFT innovation allowed users to buy and sell their cards in the form of a non-fungible blockchain-based token. Splintershards users can now sell their tokens and transfer ownership of the cards to the buyer.
Splintershards Token Introduction.
Splintershards (SPS) is a governance token based on Binance smart chain for managing the Splintershards game. The SPS token is intended as a DAO for the platform, and due to the high cost of Ethereum blockchain transactions, the development team decided to develop its smart contract based on the Binance blockchain.
What is the use of the SPS token?
As you have read, SPS is using as a governance token on the DAO platform for Splintershards. In the official white paper of the project, the development team claims that all decisions for this game will be made by their DAO system.
Also, Splintershards users do not need to have a wallet based on the Binance blockchain to store SPS tokens. User tokens of this game are stored in the smart contract, and if the users want to withdraw their token from the platform, they can choose the address of a wallet on the Binance blockchain as their token host.
Splintershards tokens distribution.
The total supply of SPS tokens is 3,000,000,000 tokens and also the total supply of tokens takes 65 months and the distribution of tokens is as follows:
Splintershards roadmap review.
The SplinterShards project has published on its official website its roadmap for 2021 and 2022, which may change, and they have divided each year into 4 quarters. For this reason, we have published the most important goals for you.
In the second and third quarters of 2021, the card delegation system is updated, as well as the completion of the SPS token private sales process, the implementation of the SPS governance token, and the daily airdrops of the SPS tokens are in order to be completed.
In the last quarter of 2021 and the first quarter of 2022, launching the governance process by SPS token in the game, full release of Splinterlands Land Expansion, and launching SPS DAO are the specified goals.
Oracle system of SplinterShards cryptocurrency.
SplinterShards game is developed on HIVE blockchain and SPS token is developed on the Binance smart chain. The connection between these two blockchains is done by the Oracle system.
Oracles are those who are selected by the SPS token governance system and will receive the SPS token as a reward by running special software and establishing connection and interaction between these two blockchains.
SplinterShards token founders
Jesse Reich
he was the CEO and founder of the Splintershards blockchain-based gaming platform and he was working with Kickstarter in 2014.
Matthew Rosen
He started learning video game programming at the age of 10 and has always pursued the goal of building a blockchain-based game.
Where to buy or sell SplinterShards Token?
Users can use the following exchanges to trade SPS tokens:
- Gate.io
- LBank
- BKEX
- PancakeSwap V2
You can also log in to the Splintershards cryptocurrency profile at CoinMarketCap.com via the link below to view the latest updates from exchanges that support the purchase and sale of SPS tokens, and view the list of exchanges with their inventory.
The end words
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References
FAQ
What are Splintershards?
Splintershards are Collectible cards based on blockchain technology. The idea of these cards is similar to the Magic the Gathering game
What is Splintershards (SPS) Token?
Splintershards (SPS) is a governance token based on Binance smart chain for managing the Splintershards game.
