Annyeong Haseyo (안녕하세요) 👋 fellow Hashkings Players and Pizza Lovers,
This weeks "Hello" is in Korean Language, a language spoken by 75 Million people in the world with majority being in South and North Korea followed by China, United states and Japan.
Continuing the journey as a #Farmer(+) in #HashKings, a #playtoearn ecosystem on #Hive Blockchain under 🍕hive.Pizza🍕 #scholarship program and also update on my investments and returns related to the game. +meaning I am not just looking the game as Farmer but other investment and game mechanics too.
HashKings Investment Statistics
HashKings Investment Statistics
The last updated on Hashkings investment was almost a month ago, in between that major focus was on upgrading my avatar to above 50K XP to be eligible for EXP staking rewards for which the requirements are
- Active avatar with 25K XP (level 23)
- hold at least 10K BUDSX
and for third level staking rewards which should be announced soon and will need active avatar with 50K XP.
So went on Buying (Avatar and Joints), Forging and leveling up spree and spend more than 100 hive in last few days to finally have the following Monstrous avatar
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Note that most calculations related to Guild part are estimates based on current market prices, as I do not have exact data from guild on that
Expenses
Starting with Expense as it is first time details on each item related to the game
Guild Part : Since the last update the new guild cycle has started and in which Guild has delegated me with 15 South America lands for around 1 month and seeds and HK water to do farming cycles on that land which as per my estimates have costed guild around 4.35 hive
Avatar NFTs : as mentioned above have spent 158.9 hive since last month to get the Avatar to desired level
SEEDS : not much change just bought couple of seeds with total cost around 0.05 hive
BUDS : Spent 9.5 hive on the BUDS as it was mainly used for paying for forging or buying joints as it gives 10% discount to pay with BUDS
BUDSX : one of the actively traded tokens bought around 16.55 hive worth in last month
EXP : new token in Hashkings Ecosystem which can be traded or converted to Avatar XP
MOTA : bought 6.66 hive worth for market to stake in Mota Pool which provides weekly seeds drops
No changes in HKWATER and HKAVATAR
All this activity takes my total Hashkings expenses to 270.45 hive (+191.65 hive since last update) and 18.12 hive savings thanks to hive.Pizza's scholarship program
Revenues
Revenues from different assets of the game
- Guild Revenue : contribution of 0.34 hive by sharing the 30% of the harvest share
- SEEDS : The sales of seeds in last month generated a total of 1.29 hive in revenue in last month
- BUDS : Sold BUDS worth around 45.48 hive in form of payment for Forging and buying Joints on hive payio.
- BUDSX : generated revenue of 6.81 hive by trading on market
- No changes in revenue from Land, HKWATER, MOTA, HKAVATAR and Avatar NFTs
Current Revenue stands at 132.81 hive (+56.35 hive compared to last time) and have provided revenue of 3.65 hive to the guild
Assets
- SEEDS : Seeds received from Harvest drops and MOTA pool drops
- BUDS : Liquid BUDS in wallet some of which I have added to SWAP.HIVE:BUDS Liquidity pool and most will be staked to receive BUDSX
- BUDSX : decreased in value by around 4 hive as have taken out most of BUDS to pay for upgrades
- MOTA : increased in value by 4 hive, mostly staked in MOTA Pool
- EXP : held in wallet received from staking drops and liquidity pool rewards
- Avatar NFTs : since the current market system does not filter avatar by XP or other stats, the current avatar NFT can only be estimated and for now I have kept the value same as amount spent to reach there
- No changes in LAND, HKWATER and HKAVATAR
Total Current Assets value is 210.39 hive (+149.68 hive since last update)
Gains
Well simple calculation for Gains = (Revenues + Asset value) - Expenses
and currently it stands at 72.75 hive (+14.38 hive since last update) or 26.9% of my expense of around 270 hive related to the game.
BUDS Staking Gains
BUDS when staked are converted BUDS to BUDSX, the ratio of which is increased everyday as the game dev team add BUDS to this pool from part of their revenue every day.
With staking tracking now since BUDSX token are also tradable, I have run into this issue where the amount of BUDS I have unstaked has become larger than what I staked for this. For this time I am publishing the stats as it is, next time will figure out how to calculate it to show the gains by staking mechanism
hive.pizza Scholarship Program
Recap, under the Scholarship program I have been delegated
- 15 South America Land plots
- Colombian Gold seeds & Panama Red seeds for 4 cycles of farming gameplay
- HKWATER tokens to complete above 4 cycles
When I harvest I will receive BUDS token, of which 30% I need to give to the guild and 70% I get to keep and use as I see fit.
A Win-Win for both
- Guild - assets don't go to waste and earns 30% on the assets potential
- Player - invest some times and get 70% return without financial investment
Want to know more about the program hop on to the 🍕PIZZA Discord🍕 as first step
Harvest Report
After completing the farming gameplay for this week, this is what my harvest looks like
So in total I got 4437 BUDS and after guild share I have now 3104 BUDS which at current market rate is equivalent of 0.87 Hive.
🍕hive.Pizza🍕 Scholarship program is in Beta stage now, with all of us initial scholars and testing the program is only going to improve and one of the requirements for applying to the scholarship program is being an active member of the community, so jump onto the 🍕Pizza Discord🍕 and say Hello and feel free to ask around any questions you might have, it is one of the most helpful community
Self Promotion
Follow me on Twitter or here to keep up to date on my giveaway posts
Since I was busy for last three weeks have not published any new giveaways but will be doing it in this week so make sure to follow 🙂
Notices:
- Images/logos used in this post used are from hivepizza and hashkings or screenshots or images created by me based on assets from hivepizza and hashkings assets on website or discord
- Divider and harvest result images created by @nane-qts
- The content in here should not be taken as financial advice, please do your own diligence before investing
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