HoloZing - Lots Of Updates To Unpack!

It's December already! A new month means a new monthly update of HoloZing from me! Time flies, it's more than 1 year already, how's everyone doing?

If you keen to join HoloZing, feel free to use my referral link:
https://holozing.com/?ref=relf87

There's lots of updates within the last month to unpack and I would share my thoughts on some of the updates that mattered more to me in the post. For the full details, you can read about the changes here.

First up: Holo Dust

Holo Dust will be one of our main in-game materials, this will be used in many ways but primarily in crafting.
To prepare our healers for our upcoming game, you will now be able to claim some dust in your daily December claims and stack it up to the total amount in your account.

The key thing is Holo Dust is non-tradeable! So it's important for all players to log in daily to collect!

So far it has been two days and I have been logging in faithfully to claim these rewards. Last year, there was a similar event during December, and I didn't manage to log in every single day, so this time, I am more determined to achieve this milestone.

Next up: ZING drops

The ZING daily distribution rewards will be changing! Have put them into a table for easier comparison.

Daily Distribution	Current	Proposed
HP Delegation	250,000	200,000
ZING Staking	40,000	30,000
ZING Collection	90,000	200,000
ZING Liquidity	20,000	30,000
ZING Achievemnt	10,000	5,000
Total	410,000	465,000

For me, using the past week as a sample, most of my ZING drops are from ZING Collection (91%), followed by HP Delegation (7%), with the remaining from ZING Staking (2%). Based on the latest change, it should be beneficial for me since ZING Collection will be bumped up from 90,000 ZING per day to 200,000 per day. That said, players might adjust their assets around in response to the latest changes so it might be too early to tell as well, but I will definitely keep you updated!

Of course, no HoloZing update is complete without talking about my ZING stake.

Back to the usual update, as for the rewards, the APR for Staking has come down slightly from 16% to 14% but the APR for HP Delegation surged from 17% to 15%! But of course, this is all going to change soon!

Over the past month, there were a lot of movements in my ZING holdings and the changes were due to (i) crazy amount of ZING from the Collection Rewards and, (ii) the usual accumulation through the APRs from HP Delegation and Staking, (iii) trading ZING due to the volatility of the price. With that, my current holdings of ZING have increased significantly from 6,897 in the last update to 15,192 currently.

As for myself, I have separated my holdings in two separate slices.

Delegation

For the delegation slice, I have delegated 100 HP to @zingtoken all the way since the claimdrop started on 21 Oct. From HP delegation and staking ZING, I have obtained a total of about 4,045 ZING, of which, I have sold 3,350 ZING at around 0.0053 Hive on average. Hence, I am left with about 695 ZING.

So let's put them into a table and see how the figures look like.

Returns	ZING	Price in Hive	Value in Hive
Realised	3,350	0.0053	17.71
Unrealised	695	0.0036	2.50
Total	4,045		20.21

On a base of 100 HP, that's close to 20% ROI over about 1 year and 2 month. If we were to annualise this figure, which isn't that meaningful (but purely for the purpose of generating an APR number), that's 17% APR.

Of course, the numbers will fluctuate wildly, especially with the steady increase in the HP delegation to @zingtoken.

Trading/Holding

For the trading slice, I have currently about 14,497 ZING, with some of them staked to get the staking APR. With the recent activities, a table is probably better to capture the ins and outs from an account perspective. And for once, the numbers look a lot better. Hehe.

ZING account
Cost of ZING bought	64 Hive

Proceed from ZING sales so far	40 Hive
Current value of remaining 14,497 ZING	51 Hive

Net Gains	27 Hive

Of course, I have excluded the 35.80 HBD spent on the Alpha Vials in this table, as this probably complicates the table. Let's see if the net gains can eventually offset the cost of my Alpha Vials. So that's so far the in and outs, which is done purely just to satisfy the statistical nerd in me. Haha.

What's next for me?

I think the crypto ecosystem, even in the Hive ecosystem, is very competitive. Lots of opportunities appear every now and then, and people often jump from one project to next, so the lack of updates has really hurt the price of ZING. Personally, I don't think it's much of a concern for me, I will still looking for opportunities to buy (low) and sell (high), and at the same time, keep some ZING for the eventual launch of the HoloZing game, whenever it will be.

The price of ZING is something that I would watch very closely. As for the game development, I have already done my favourites/follows so I will continue to read them as they come.

This has been a fun and positive update and as always, my HoloZing posts will include the @commentrewarder initiative. So you know what you should do! Hahaha!

Comment Rewarder (CR) is a bot that rewards comments. CR helps low-stake authors (and all authors) reward their audience. Not all blog authors have enough Hive Power to upvote replies to reach the dust threshold, and rewarding comments incentivizes engagement. Authors with lower Hive Power may not have a weighty enough vote to successfully reward replies to their posts because of the ~$0.02 “dust” threshold. CR solves this problem.

Before I end, of course, I should always reiterate that this is not financial advice. This is just my personal viewpoint and one should ALWAYS do your own due diligence for anything you want to put your money in.

Finally, if you are interested to keep tabs on HoloZing, don't forget to follow the HoloZing Community on Hive, or HoloZing on X/Twitter. Otherwise, I will continue to post occasional updates when I have thoughts to share. Thanks for reading! :)

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Check out our last posts:

	Our Hive Power Delegations to the November PUM Winners
	Feedback from the December Hive Power Up Day
	Hive Power Up Month Challenge - November 2024 Winners List

HoloZing - Lots Of Updates To Unpack!

First up: Holo Dust

Next up: ZING drops

PLAY & EARN $DOOM

PLAY & EARN $DOOM