The emerging world of blockchain gaming keeps unveiling innovative new experiences, such as Holozing - a strategy-focused multiplayer metaverse integrating NFTs and play-to-earn concepts. At the core of the Holozing ecosystem is the Zing token, which powers the in-game economy and provides the financial infrastructure.
Zing acts as the native currency on Holozing, facilitating transactions between players and serving as the medium of exchange. According to data from the Holozing platform, the current circulating supply of Zing is approximately 4.54 million tokens. Of this supply, over 4 million Zing have already been staked by users to generate yields. With the current market price hovering around $0.032 per token, Zing has a total market capitalization of roughly $145k at the time of this writing.
Holozing utilizes a play-to-earn model, rewarding users who actively participate with Zing token earnings. By completing in-game missions, battling rivals, and capturing territories, players can earn crypto proportional to their effort. For those interested in speculating, Zing can also be used to purchase and trade scarce NFT assets including land, resources, and avatars. This allows players to truly own and profit from metaverse assets.
An engaging aspect of the Zing ecosystem is the capability to stake tokens and generate passive income. By allocating Zing holdings to staking pools, users can earn yields based on their contributed amount. This motivates retaining Zing long-term, while furnishing extra revenue channels.
According to Holozing's whitepaper, 25% of the total Zing supply will fund gameplay rewards and ecosystem growth. Another 20% goes to staking yields, with 30% allocated to the PlayMining program - which distributes tokens through competitive events. The remaining 25% is reserved for the team, advisors, marketing, and development.
Holozing has formulated the Zing minting calendar for gradual issuance across an extensive timeframe. This measured inflation allows maintained economic enlargement while containing turbulence. It persuades users to take a big picture stance.
The symbiotic relationship between Holozing and Zing is quite unique in the blockchain gaming realm. Holozing offers a vibrant strategy metaverse with diverse play-to-earn opportunities, while Zing provides the underlying incentives framework. As blockchain gaming gains wider traction, keep an eye on this project. With current low market awareness, Zing has substantial headroom if Holozing sees high adoption. Though still early days, successes like Axie Infinity highlight the potential earnings possibilities in play-to-earn models. Holozing aims to follow a similar path, constructing an engaging game economy fueled by crypto rewards.