Hello friends,
I am doing good, and I hope that you are having a good time with your near and dear ones.
The crypto market is doing well this time and Bitcoin is reaching to its all-time high. It is not there but looks like it is on its way to touching its all-time high. I don't have bitcoin but somehow I'm trying to have a presence in the Crypto market. There are many things in the Crypto market and a few things like Web 3 and gaming is the interesting part. Joining such projects in ugly days can be more rewarding and this is why I'm trying to have some skin in this upcoming game called Holozing. Even though I have limited resources also I want to have some zing token balance and I will be playing the game whenever it is available.
(used Canva to create this image)
Currently, the staking APR is 30% which I think is too high because in traditional world earning 10% is difficult. Banks are paying approximately six to eight percent on deposits but in crypto earning twenty percent seems like very easy. I'm surprised why people are not choosing these options when they know they can earn more. 30% earning is very good I can say but I know that this will continue to draw however it will not drop so fast that we can see 10% in next few weeks. The APR looks stable since last few weeks and even though after some drop it is still at 30%.
I did buy some leaked tokens from the market and powered up. It is not beneficial to keep these liquid tokens idle because it will not earn anything but if I deposit then I can earn that cool APR.
I am about to have 6000 zing stake shortly. I will continue to build the way I have been doing because this is good time to have some good token balance and this is because I hope there will be more demand for the token after game launch. The current price is not a problem for me because I find it low and looks like it's a good time to buy more and increase the balance.
It is very good to keep on staking tokens at the current APR which is slightly more than 30% so this way even the holding itself will continue to grow automatically because of this nice APR. It's not high e but I know that this game is going to do better as community support has been amazing. Everyone can see that how community is supporting this project because it has got a massive amount of delegation. Maybe you can see more numbers getting added in delegation and this can be considered as good for the gaming project. I don't know if the game will be available for users outside Hive but if it happens then it will be even better for this project. I hope this game is available through different chains including BSC or wax that are known to be cost effective and have bigger user base. I think Wax is the chain that is more gaming-friendly and I have seen so many gaming projects available through the Wax blockchain.
Let's hope that everything goes well after the game launch. I have not seen any official announcement about the date but hopefully, they should be announcing. I think the second quarter will be the time when we can see this game going live but before that sale will be happening also and I will try to see what I can buy which can help my gameplay better.
Thank you
Peace @mukund123
Posted Using InLeo Alpha
It's good to stake more zing tokens and you are right that 30% APR is very good.
@sagarkothari88 vote
Yay! 🤗
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