STEEMMONSTERS: Making Money With Cards?

in steemmonsters •  2 months ago

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I'll be completely honest with you, up until recently, I didn't completely buy into the idea of @SteemMonsters. But then something magical happened...

From there, I drank the cool-aid and bought around 800 booster packs!

Now, in this post, I want to share with you WHY I didn't it, WHAT I should have done instead and WHO you should follow to understand SteemMonsters better.

My Collection

Now this is not for bragging (well maybe a little bit) but check out my gold foil collection:

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I am almost complete at this point and I fully intend to get them all before Alpha is closed!

What Happened?

Well, I wasn't following very closely what was happening with @SteemMonsters to be honest. I didn't know that gold foil were a thing and that I could know exactly how many of each cards are in existence.

So yesterday, after watching their kickstarter video, I decided to buy a few more booster packs.

Lo and behold! I got a Gold foiled Angel of Light! There are only 17 of them in existence as we speak, which makes it one of the rarest card in the game at this point.

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I went into the "Market" and saw that people were selling theirs for $1000 up to $5000! 😲

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No jokes, at that precise moment I got the bug and realized how much potential this game has at making people addicted to it. I feel like I'm not going to feel "complete" until I get ALL the gold foil card and I would be willing to spend quite a bit of SBD to get my hand on the complete set.

Speculation

Can collectible cards be worth that much?

Many might think it's crazy and that there is no way a digital collectible card can be worth that much but let me tell you...it definitely can! For example, in Magic the Gathering, the Black Lotus can go for as much as a quarter million dollars in mint condition in the Limited Alpha Edition.

And guess what...STEEMMONSTERS IS THE LIMITED ALPHA EDITION!


Check out MoneyInc's article on the 10 most expensive Magic The Gathering Cards ever to be sold.


This Is Your Chance

After October 1, those cards won't spawn anymore and only those who bought the booster packs right now would be able to get them on the cheap if they are lucky.

Also, there are special cards that will only be available through the Kickstarter campaign, this is yet another chance for you to get very limited cards that might go for a hefty price in the future.

The Fighting Engine

If this was only a collectible card speculation game, it would already be pretty cool but not only can you make money by trading cards on the market, you can also fight to gain levels, amass equipment and spells!

This feature is not yet released but I've been told that it might be out within the next 2 weeks. Here is a demo of what it will look like:

You can get more details on the fighting engine here.

What You Should Know & Who You Should Follow

I made a few mistakes when I joined the game. Here I will share with you what I should have known beforehand:

1. Know what you want

Do you simply want to build a deck to fight or do you want to get gold foil cards in order to speculate on their value?

To be honest, I didn't know...I just dumped a large amount of SBD into booster packs and I've let the chips fall were they may.

I realized that I should have been more intelligent with my money and simply go to the market and buy the cards I wanted to have. There are, of course, certain cards that I wouldn't buy on the market and at this point, only booster packs give me a chance of getting them...such as the gold foil legendary dragons.

Who knows, maybe even those are worth paying for if they end up being super rare in a few years.

2. Don't Combine Just Yet

If your goal is to speculate on the future value of the Early Alpha Release cards then combining may not be the best idea. Keep them with you for a while and keep track of their value of the market.

3. Follow the Right People

I would definitely follow @steemmonsters account as well as @peakmonsters. @peakmonsters has really good videos and tutorial to understand the trading aspect.

If your intent is to understanding the cards better, check out this series of article @palasatenea is building around evaluating the value of each cards according to their set. It's pretty interesting.

Finally, you would do well to join the SteemMonsters discord chat and start chatting there. You can swap cards, talk decks and get an insider point of view on what's happening in the SteemMonster's world.

Conclusion

I am pumped about @Steemmonsters and I am going to participate and give my time and energy for this game to become successful.

What do you think of the SteemMonsters project? Have you bought your Starter Pack yet? Have you pitched in the Kickstarter?

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Thank you so much for the mention to my articles @cryptoctopus, and for your support. I don't know what to say or do to thank you all you're doing.

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Keep going with your series and compile them into a neat article with all the link, I will be happy to mention you again :-)

There is a lot of money you can make if you pull a Gold Foil Legendary and there have been many who have pulled one in their first few packs! That is quite lucky! They are so hard to get and very valuable, I cannot wait until 6 months from now and see what the prices will be then! :-)
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@cryptoctopus I Love Steemmonsters and I have bought some packs and received some Cards as Gifts from other Steemians as well as Give some as Gifts myself. It is a lot of Fun and we have not even started the Tournaments yet.......It only gets better from here.

I too have some cards, and I totally don't know what to do with them @cryptoctopus, going the follow the person who have recommended and lets see where they take me :P I have earn these cards in different competitions on steemit.

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check out @peakmonsters, they have good video to explain some of this stuff. (from a speculation point of view)

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Just a bit of background on @peakmonsters ... lot of great contents in the blog, but we also have a market to buy cards easily. Check it out at https://peakmonsters.com ;)

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yes of course!

I went as far as making a flyer to promote Steem Monsters and Kickstarter at my local Comic book store!20180903_230720_0001.png20180905_170446.png

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Great post
shared on twitter

Pffff, 800 packs? That's insane!

Hi @cryptoctupus. I'm a long time Magic: the Gathering players and collector, with 10+ years of experience. Alpha of Magic is almost a unicum in the game history, given how low the supply was. The Reserved List made that possible as well, which is "gentleman agreement" of not reprinting cards in Alpha, Beta and Unlimited, plus many more!
As far as @steemmonsters concerns, the idea is amazing and I really wish success of it. I am not much into collecting online or virtual things, guess this is just a way of being!

Yes Steemmonsters is totally addicting and is showing so many advantages that Steem Blockchain has over other crypto collectables like Crypto Kittys for Ethereum.
I also wanted to correct you on the point that alpha cards won't be printed anymore after they sold. If you look to the kickstarter campaign the last tier for 10000$ includes a two times per day alpha card pack generator for the next 5 years. Five of these tiers can be purchased which means that everyday there are going to be 10 more alpha packs available in the market. In total over five years that are more than 18000 booster packs or 6% of total supply for five people...lol
I really don't understand why @steemmonsters created that tier since it devalues all the excisting cards. But still I think the prices for some of the alpha gold cards are still a bargain and I'm totally hooked...can't wait to battle!!!

Posted using Partiko Android

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it's basically just like if they were to buy 5000 booster packs now and open them over time...I don't see the problem, it's $10,000 after all.

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I understand it that this booster packs will be generated on top of the excisting 300000 Booster packs. But if steemmonster already purchased this "generated' cards and give them out on a daily basis I agree it wouldn't make a difference.

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Thanks for giving the chance to enjoy this beautiful news!!

I have been excited about this game from the beginning. I only wish I had more STEEM and SBD to be able to buy more of the packages. I am pretty sad that my SP was so low I couldn't afford to invest in it sooner. I had to move all of my earnings into growing my SP.

I have also went down the rabbit hole and enjoy opening packs one by one. It reminds me of my day of buying baseball cards with my dad. I think this could be a huge potential to bring more interest to the blockchain; not only those want to collect, battle or speculate but also those that can see the flexibility and scalability of the Steem blockchain.

Dang thats a lot of gold cards.....been buying and buying, all i get are epics not even legendary!! god of steemmonsters where is my luck

Looks like something very interesting, I need to dig in to it, For know What it is all about, you can sell one Gold car in 1000$ :O Isn't it amazing? :O

Even i was ignoring it but after going through your post ill start me research and will think what to do thanks buddy for the information.

Interesting. I'm totally in, time to get some of those cards

Ah, this could be used as money making? I didn't know about that. I have some gifted cards but never check them again for a while now. I will have to pay a visit to my monster profile.

STEEM MONSTERS is a new card game (comparable to Krypto Kitties on Ethereum) set to occur on the STEEM blockchain soon. STEEM MONSTERS cards are currently on pre-sale and some users are already auctioning and selling rare STEEM MONSTERS cards using STEEM BAY.

I have been hearing about steemMonster but i felt reluctant of checking about it. But as i red through your post .i have seen a tangible proof that it has a great potential . i will buy my own starter pack right now .

Good going with the collection man. Looking good.

I honestly had not looked at the Kickstarter. I bought all my cards early (I was one of the first handful of people to complete the "Feel the Bern" complete set before the Gold Foils were announced) and really didn't think looking at the KS was pertinent to me.

I do feel a little perturbed that there are KickStarter exclusive cards that I will not own in the Alpha set. I don't have the funds set aside to spend $800 to get the KS exclusive Legendary, and while the Gold Foil version alone may sell for that much on the market once it gets released, and therefor make it a profitable transaction, it's just too much speculation for my wallet right now.

Excited to see you get on board though. It is an exciting game to be a part of!

It looks great and I have a lot of cards. Hoping the fighting will deliver !
These prices are nevertheless outrageous. Tell me if you manage to sell it :)

Posted using Partiko iOS

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Here is my collection @cryptoctopus, are they worth any?

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You have two good cards, the epic one and the flesh golem, that's like 0.40$ now. The golem is very appreciated, although is a common.

After reading this post I realised that I have been doing everything you mention correctly in order to boost my experience in the game and my potential profits.... :D

I´m so excited to hear that battles will be available so soon, time flies when we are having fun, and indeed it happened, while we speculate and got amazed by some updates, suddenly battling is almost here!

love this post. Shared on twitter sir

I only have rare and common... Not much

Is it that some card only be got via kicker start.I cannot get it from alpha booster?

Holy crap, I had no idea they were selling for that much already! I have been wanting to buy a pack for speculative value, as I haven't played those kinds of games in like 20 years. But I struggle to pay rent and buy groceries, so it hasn't made it to the top of the priority list. But damn, that would be life changing to suddenly get thousands of dollars by selling one!

  • I wasn't planning on getting too involved. I was going to buy the starter pack and maby 4 - 5 booster packs and that would be it BUT then the day came that I finally bought the starter pack and I decided why not buy one booster along with it and low and behold a Legendary Gold Foil Dragon. I couldn't believe my luck .. I bought a total of 1 booster pack and ended up with one of the rarest cards in the deck. I instantly created a topic about it and bragged to who-ever would listen :P

Luckily for me a couple days later the Kick Starter was announced and I jumped in on the $50 offer. Kinda wishing I went with the $200 offer but I never played a game like this before so $50 it is.

  • Next week I am buying one more booster pack and seeing if I can go 2 for 2 on gold foil dragons :P

Yes, and it's only just begun. Just wait until it reaches a tipping point. Imagine all those new players wanting to get there hands on some of the older cards. :-)
Good times ahead :-D

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hello @cryptoctopus I am new to steem, do you have any good sources for using steemit connect or vessel? I am trying to purchase individual cards but its not letting me just send btc or ltc to an address like it did for me with the starter pack. Thanks

Definitely a game for people with full bellies🤔

I bought a few packs 'cos I liked the look of them. Worth clinging onto as a hedge I guess.

I've noticed a few jokers already have their cards on the market for astronomical sums.

My problem is I've no real interest in fantasy games, so I'm reluctant to spend any more on them. Certainly don't have the time to read through the game mechanics.

Posted using Partiko Android