Exploring Zingtoken distribution and delegation reward in Holozing.
Hello Holozing world!
Welcome to my another blog regarding Holozing project. Now1I reached 11.56k zingtoken staking.
10 days before there was an announcement taking the official names of the Alpha Starters. You will find some cool creatures from art fans. For more information see Holozing official post.
There is more suggestion coming from the artist taking the meme of Holozing characters. No doubt some of them are awesome. I am not an artist, so I am not participating there but I am keeping keen eye over the characters that providing by the artist. The first look of Alpha characters are very impressive. It means games preparation is going on and when this game will Launch then there will be huge traffic over this play2earn project. Early investors will be in benefit. If you have remember then it was another play2earn splinterlands that proved the best one gaming project. Like that Holozing is also moving towards the great milestone. Meanwhile I able to reach 11.56k Zingtoken staking. Gradually I am moving towards 20k zingtoken staking.
If I talk about the price of Zingtoken then it is 0.01589 Hive/Zing. It means it's price is little down whether it should be up as Bitcoin is reaching 50k.
My first purchasing was with 0.014 and second purchasing was with 0.015. Meanwhile it was able to reach 0.02178. I have not invested much, just purchased over than 7k zingtoken from hive engine. Rest of the token I got from staking and delegation.
Posh reward already stopped from 1st February, so there are only two options for me to earn Zingtoken. Yes, purchasing could be the third option. If you are more interested to know more about starter creature then you can read the official post from Holozing
Now let's have a quick analysis over delegation and staking reward. Till now I have delegated just 2.6k Hive power to the Holozing project and for that I am getting pretty good 23.88% apr. Within 6 days I was able to claim 631 zingtoken for delegation.
Like other project here too we are getting huge return in the form of apr. Although staking apr is greater than delegation but it depends on your staking amount. For staking we get 30.57% apr. If I calculate my 6 days zingtoken staking that was 10k then I got 53.066 zingtoken. It is not a bad amount as my staking is limited. With time I will add more zingtoken in my staking.
Holozing fan arts club-
You can see the craz of zing game by the people in Holozing community where Hive users are presenting so many logo related Holozing project. Today I was reading a post by #mummygo. She is very crazy for the game and you will see that she is printing character of a holozing creature in her t-shirt. If you are arts fan more interested in Holozing art community then you can check recent post here.
Here is my two interesting snapshot that I taken from zingtoken market. One and half month before when I purchased 7k zingtoken with the price 0.01421 that time I burnt 99 hive for that. After one and half month if I sell my 11.56k zingtoken then I am getting almost double of it. If I sell in current price then I am getting 181 hive for that and if sold out my all token when it's price was 0.02145 then I could get 247 hive for that.
So I think it is awesome investment in Holozing project. I want to carry on my attention towards Holozing project promotion that's why I am not thinking to sold it. Time to time I try to share my holozing content over social media platform, so that I can drag the attention of more user towards holozing project. The calculation that I shared, it was just a profit calculation by early investment in Holozing game.
In future I will continue my zingtoken staking till the launch of the game. No doubt like sps token, zingtoken will prove the governance token in Holozing project. What will be the use of zingtoken in game, it will be clear with the time. Till then it should be our one task to add more and more tokens in our game portfolio.
This time Bitcoin price is stopping me to have some liquid token in portfolio that's why this time I am not trying to purchase more token. In previous bullrun, I missed the opportunity but this time I will keep some liquid tokens so that I can utilize the opportunity.
See you soon in my next Holozing project blog.
Official website- https://holozing.com/
Whitepaper- https://whitepaper.holozing.com/
Discord- https://discord.gg/s9YdYc6p3J
Main account of Holozing game- @holozing
Delegation Account- @Zingtoken
Image edited and stickers taken with Picsart
Alpha](@certain/exploring-zingtoken-distribution-with-10k-zingtoken-staking-)