Holozing is the new upcoming RPG game on Hive and now we get frequent updates from the team side probably because the game moving closer to its first sale and also its launch. The excitement is on and I can see a lot of people talking about the game and they are waiting for the game to go live. Before the game goes live we will have the sale where some assets including healers will be available for sale and these are going to be nft which will have some use cases in the game ecosystem. The use case has not been defined yet but I hope this should be available once the sale is live or maybe thereafter.
As of now, no announcement has been made and even if there is no tentative date for the upcoming sale hence we cannot say how much time is left for the sale but I assume that they will be announcing it at least a week before or maybe more. I can say this because the team has been very transparent since the beginning and they keep on sharing information with the community when it is the right time. We have received a couple of posts sharing information about different in-game assets including the ones which are bicycles and they look great.
Now since the token distribution is already live and I see people talking about the token and they are also trying to accumulate as much as possible. People are also increasing their delegation amount to game. The delegation APR has gone up and it is quite stable at this range which is 35%. I remember it was below 30% but I don't know what happened and this APR started increasing which is now available at 35%.
HP Delegation Reward
Just have a look at the above snapshot and you can see that the APR is 35.66% to be precise and this is technically 4 times what we can earn through the HP curation reward traditionally. I often check my APR with HP duration and it is between eight to 10% even if I take a ballpark figure of 9% then it is four times half what I can earn by HP. Undoubtedly this percentage is very good and because of this many people are trying to grab this opportunity however in the initial days of the token distribution this APR was even better but it is fine because now also this percentage is great. I have already delegated 5K HP which is getting me a good number of tokens every day and in fact, out of my entire reward the token I get through delegation is much higher.
This is my current Jing steak in the game and I am happy to share that it is 34K now. I am changing a goal of 100K Zing and with each 1000 completion I reach 1% closer to my goal and I want to record this journey on the chain hence I try to publish a post. Technically I'm 34% at my goal and now the milestone I am trying to accomplish is 66% away or I can say that one part of my goal is achieved and two parts are still pending.
Zing Stake
I know that achieving 100K just through the reward will take a lot of time and buying from the market will help me a lot but I am waiting for the right time when I can get a token at a lower price. I don't know if this is going to happen or not but if it is a crypto market things happen because sometimes some people sell off the tokens at lower prices and this can be the opportunity for buyers to jump and grab the bunch.
At this point, the token price is kind of stable and I do not think it is going to go down more but it is fine because I am not in a hurry and I will continue to track the price momentum for Zing in the market.
I prefer to buy tokens when more people are selling. If a project is strong and the community is supporting it then buying the token at a price when more people are selling is a good strategy and I have done it many times in the past. I did it with sps and I was able to buy quite a good number of tokens when its price was too low and even now my purchase price is almost half of the current price. I hope to get this kind of opportunity with Jing and if it is available then I will not take any further time to buy and it is like a great opportunity that I will grab as soon as possible.
Here I share some handy Links that you can access for more details about the game:-
Official Website- https://holozing.com/
Whitepaper- https://whitepaper.holozing.com/
Discord- https://discord.gg/s9YdYc6p3J
Main account for the HoloZing Game- @holozing
Delegation account- @zingtoken
Images are taken from https://holozing.com
Thank you
Posted Using InLeo Alpha
