Splinterlands has sold over 2,270 validator node licenses

The operator of the NFT game Splinterlands has begun an open sale of validator node licenses, ForkLog has learned from project representatives.

Node operators will be able to receive a monthly reward from a pool of 3.75 million SPS tokens. 10% of the payouts are earmarked for the 50-100 leading operators who participate in governance votes under the Delegated Proof-of-Stake model.

During the pre-sale, users purchased 2,000 licenses in 11 minutes. Under the stated mechanism, this led to burning ~14.5 million SPS and ~1 million Voucher. The project’s DAO treasury received ~3.6 million SPS, equivalent to about $4 million. Within three hours of the sale’s start, 2,271 nodes were sold.

“This burn mechanism will exert enormous deflationary pressure on SPS and will be a fairly revolutionary concept in blockchain gaming,” said Liam Labistur, Growth Director at Splinterlands.

As a reminder, as part of the move to a decentralized governance model, the project announced the sale of 60,000 nodes.

In March 2022, the number of battles played in Splinterlands surpassed 2 billion.