All of you surely know @nathanmars bought SIM yesterday (he tweeted about it, didn't he?)
In case you pretend not to know - SIM is a Hive-Engine token used in dCity town-simulation game that borders on DeFi running a reward pools worth over 100k in current USD value - @dcityrewards).
Unsurprisingly, Nathan bought a little over 8k. He did not state the amount because a $9 volume transaction might be considered untweetable by mainstream. I peeked. I smiled. The dCity crowd have met the figure before, though.
Everyone buys 8k SIM. You know why? Haven't heard of it yet? When you hold 8k SIM, you get some HIVE everyday!
Well, it is not exactly true, but whatever. Repeat it thousand times and it becomes the new truth. I have heard it close to hundred times myself.
Fineprint time. You get some HIVE from @dcityfund if your average SIM holding over the last 30 days is 8k or more. You can buy 8k and wait for a month to get over the line to start earning. The APR is actually decent (currently around 20 % - just make sure you understand the number can move heavily depending on SIM price, competition and in-game voting) but setting your assets aside for a month before triggering the drips cuts into profits. You may want to buy 35k to shorten the wait to one week or maybe 240k and start earning right away.
Or you can decide to shake your head and actually use your new 8k SIM the way they were intended. That is buying a few dCity cards - preferably specific cards on the market rather than random new cards so that you can go tell everyone you did it the right way. I mean, invest small trying to be smart, make your mistakes cheap, learn the mechanics, then up the exposure.
@nathanmars is a great guy :) !
8,000 SIM is a very obtainable goal friends. Keep plugging at your cities and find good friends to trade with.
Thanks dude
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