RE: Focus On Holozing and ZING Market Value (July 7, 2024 - September 21, 2024) + My Investment Strategy Update and My Zing Accumulation Progress (ENG/ITA)

[acidyo]

Something I'd wanna add that I didn't see mentioned is that we adjusted distribution recently. We increased staking rewards by 2x and delegation rewards went from 200k daily zing to 299k leaving 1k to collection rewards which currently is solely the 2023 advent calendar achievement.

So given there's approximately 140k extra zing being distributed daily now compared to a few months ago I'd say it's nice to see the price not only stopped dropping but beating Hive for the time being.

Here's the post of the announcement, tho I do regret that we didn't make it a post just about that as in hindsight it seems many may have missed it which was not the plan. We wanted more people to be aware to increase their delegation support so the team could get better funding with a declining hive price: https://peakd.com/hive-131131/@holozing/first-collection-rewards-are-here-soulbound-nft-achievements

These distributions are still prone to changes, we don't want to dilute early delegators and stakers too much but it's more important that the team gets proper funding so the game can be released. With upcoming vial sale and shortly after opening of vials we will be shifting more zing distribution towards collection rewards. This will still leave some daily rewards for the achievement but majority of course going to those holding Alpha Vials.

Once Vials can be opened, majority of collection rewards will go to the creatures and items based on their rarity with only a portion going to vials kept unopened.

Comments

[libertycrypto27]

Thank you @acidyo for the comment and information regarding the adjustment of the ZING token distribution that occurred in July. Information that I had missed because I follow too many projects on Hive :)

I added this information in the post because I think it is important and shows even more how high the trust is in this project

With upcoming vial sale and shortly after opening of vials we will be shifting more zing distribution towards collection rewards.

I like this approach because supporting game assets is a way to incentivize and support players in particular.

Thanks and Hive a nice sunday :)

[acidyo]

Thanks for adding it in! Yeah I figured a lot of people missed it which was not the intention as we could use more delegation support. 😅

Hopefully the upcoming Vial sale will help with that!