Besides a few other early blockchain games, the summer of 2023 marked the 5th anniversary for TCG. The Splinterlands. But as our monthly updates on popular blockchain games have shown however, the game has been struggling lately.
During 2023, the game has seen a drop in DAUWs from over 150,000 to as low as 50,000, while its SPS token continues to hit. All time low prices.
So it’s not surprising to read the developer’s latest blog update about a major staff reduction and restructuring plan.
It says that “Over the past year, the company has been prioritizing short-term earnings over long-term sustainability in hopes of buying time until the market recovers and avoiding difficult decisions such as the downgrade announced today. I want to assure the community that this will not be the case ahead.”
In more detail, the first major plan is fragmentation The Splinterlands in two entities, and a new project called Invennium Corp, which will be led by Jesse Reich. His task will be to consider all non-essentials The Splinterlands product, the most important First League Games and the Invennium platform.
Continue the development of The Splinterlands and tower defense game Soul care will remain below The Splinterlands team led by Matthew Rosen, but both organizations will be fully owned by the parent company Steem Monsters Corp.
With different funds and teams, the intention is to give each project the attention it needs, rather than being underpowered or poorly developed.
Moreover, if you look The Splinterlands roadmap, the developer is also proposing significant changes to ownership of its upcoming Rebellion card set. Instead of The Splinterlands to own and sell the cards, plans to transfer ownership to SPS DAO although DAO hires Steem Monsters Corp to distribute the set through The Splinterlands game platform, similar to the original Riftwatchers game set.
To fund the development of the Rebellion and beyond The Splinterlands game platform, SPS DAO will be asked to pay Steem Monsters Corp $250,000 from its treasury and split all proceeds from the sale of the pack 50/50 with Steem Monsters Corp. Rebellion is described as adding a brand new mechanic to the game, and providing an increased player base. agent and the most interesting gameplay.
To conclude, there is also a guarantee that there will be no plans to release any new products until the team fulfills and fulfills all the promises that have already been made.
With “sufficient funds and low enough costs, we can focus on building great products without needing to rush things before they’re ready or launch sales of new products years before they’re expected to be released,” the publication explains.