Hey All,
Its been like 4 days where I reported - Target of 250+ Million #STARBITS Achieved - What Next? My Strategy Ahead for #RisingStar Music NFTs... and the new target was get i.e. 300+ Million #STARBIT tokens which is the in-game currency token for Risingstargame here on the HIVE Blockchain. Lets have a look at the RichList for #STARBITS and this should give an idea where do I stand at the moment.
I stand at the 7th position here for the #STARBITS Richlist and to be honest my next target is the 5th spot. Can I get there? Yes why not but then the question is in what time frame I am looking here. For now I have not decided on the time frame here 300+ Million #STARBITS is good enough to have that is worth more than like 1K+ worth of #HIVE. All these past four days I have been buying #STARBITS with my passive income stream generated here on the HIVE platform.
I did even go further cancelling some orders that I had placed for some other second layer tokens here on HIVE just for buying the STARBITS tokens. So why accumulating so many tokens? Simple answer is that I want to build my stake in this game by having as much tokens I can have for now. And at a later point in time I plan to burn then for the other currency in the game which is #STARPRO [Rising Star Promoter] which is a very expensive token and as of writing this article 1 STARPRO is worth 50+ #HIVE.. Do you see the difference here between STARBITS and STARPRO in terms of the price. At one end you can buy 1 Million #STARBITS for around 4 #HIVE and where as #STARPRO is like shed 50 HIVE for ONE STARPRO token
The Average STARBITS per STARPRO: 15293133, Yes close to 15+ Million Starbits for one STARPRO its that expensive and I have seen where STARPRO had crossed even 100+ #HIVE mark as well. Right now I am not burning Starbits the plan is to wait and see if the burn ratio reduces i.e. maybe it comes down to 10 Million Starbits and then I will swap it for STARPRO. But I am not sure if this ratio will ever come or not. Incase not then I would be doing the Music Promoter missions to get STARPRO. Lets see how this works out but for now its #hodl and #build my #STARBITS stake further. Well this should be it for todays post on - "Target of 300+ Million #STARBITS Achieved - What Next? #RisingStar Music NFTs...." Happy Gaming and Investing... cheers...
#nft #risingstar #target #nfts #collection #plans #rpg #starbits #starpro
Image Credits:: risingstar, nftnow, nftm.art, hive-engine, pro canva license
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..
