Hey All,
I had done a post on Genesis League Sports recently and had talked about my GOLD FOIL card collection and my overall investment in the game. You can check that post - Genesis League Sports - GMLSPS Packs - My GOLD FOIL Cards & My Team - Deep THREAT...Genesis League Sports is a project that is associated with Invennium Corporation that is building a new gaming platform, Arcade Colony and we did the Kart racing game** Moon Karts** come out recently and we have another one in MVP [Minimal Vial Project] state which goes by the name Hyper Rail Blaster. Here is the snapshot of my GLX stake in the game 102K+ stake and counting and all of this is worth $31+ dollars At the point in time I didn't mention about my overall stake in the #GLX tokens and hence this post today is around it and my strategy. But before we get there it becomes imperative that we know that -
#GLX Token My Stake & Strategy Ahead...
As far as I can recall all these tokens that I have earned is via the staking the #GMLSPS Packs to receive the #GLX tokens rewards. I may have bought some some from the internal market but then the majority is via the rewards. All these days whatever is earned is redirected to the staking pool. Here is the overall summary of the #GLX token.
Total Supply: 285,096,421
Total Liquid: 131,786,393
Total Staked: 153,310,028
Hive-engineMore than 53% of the #GLX tokens are staked which I feel is a decent number. More the staking increases the better it gets for the game overall. Right now I don't see much of a movement in the price of #GLX token on and one can buy 100K+ GLX tokens for around 100+ #HIVE or so. Subject to condition we people selling the token as I don't see many sell orders around at that price. So what is the plan next that I have for GLX is to be answered. In brief I am not selling any of these tokens and the plan is to reach to a point of having to 500K+ GLX tokens staked. I plan to invest around 250 #HIVE here and get most of the GLX and rest I want to accumulated via the rewards method. Along the same line I do want to sell some of my GOLD FOIL cards which I am not using that often and swap the money that I get to buying #GLX from the internal market. Until I hit my target there is no selling of GLX tokens an hence until then its like building and holding all the NFTs [Non Fungible Tokens] and the tokens #GLX, and I dod #hodl #GLGT, #GLUSD which are other in games tokens. Well this should be it for todays post on - "Genesis League Sports - #GLX Token My Stake & Strategy Ahead for 500K+ #GLX Staked..." Happy Investing & Happy Gaming... cheers
Have Your Say on Genesis League GAME #GLX token...
Are you stacking up $GLX... Do you feel that $GLX is going to be the Next Big thing in NFT? What is your strategy looking for $GLX token? How was your experience playing the game? Buying Vs Selling #GLX? Would love to hear your thoughts around it in the comment box below..cheers
Genesis League Sports - #GLX Token My Stake & Strategy Ahead for 500K+ #GLX Staked...
#glx #genesisleague #moonkarts #colony #script #play2earn #racing #crypto #web3games #arcadecolony #racenow #invennium
Best Regards
Image Courtesy:: hive-engine, genesisleaguesports,
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..
It's interesting the type of strategy you are interested in, you go deep and take the risk, I think that's very important when investing. Having the courage to invest without fear until you achieve your goal, I hope you are successful in your investment. Your contents are quite instructive in this topic of investment based on the ecosystem of the platform. Thanks for sharing bro!
It's a shame what they've done to this game, I managed to sell a few packages that were on the hive-engine, thankfully before they removed all the images and profiles of the real players.
That's a nice amount.
Good luck with your staking goals.
The game's graphics are good and the game is also great. It's really great that you have staked GLX tokens and are working towards your next achievement and target. Best wishes to you and achieve your achievement.