Hi everyone,
It's me again with another Holozing blog for everyone. Let us talk about the declining price of the zing token and also why I don't see it as a problem.
The graph above is the graph for zing token that is the reward token for staking and holding different tokens on the official holozing website.
We see it coming down and down day by day and on a general note people will be worried seeing this happening. That is natural, that is so very natural.
But I will tell you why I am not worried and why I am not going to sell even a single token of mine.
You can see that I have around 354 tokens with me that are still giving rewards at a rate of 80.54% APR and this is the primary reason.
Secondly, I have also delegated hive power which is giving the return at a rate of 40% APR and I still consider it a good one.
Now these two are the reasons related to reward generation but let me share other reasons with everyone as well.
There is a bonus rewards going on for the month of December and obviously only those who have staked or hold some tokens featured can earn the bonus.
You can see above, I have missed a day already but that is not what I want to talk about, the bonus rewards for December is what I want to share.
The game is not yet launched and who knows maybe in future people who have staked their zing tokens from the beginning might get rewarded in a way.
I know there is no gaurantee, but maybe there is a possibility provided that the game will be playable in sometime next year.
Also who knows what these zing tokens will be used for, We have no idea about the gameplay yet and so selling at this point is pointless.
I have no right to ask anyone to do this and do that but I have the right to share my views and I have done that in this blog.
My final thought might not impress or even not motivate everyone but as I said that is how I think and it is my right to share my views here.
Planning to hold the rewards I am earning till the game launches for everyone.
Maybe buy some zing tokens to increase my stake.
Increase my hive power delegation further.
First of all, I would like to give credits to the Holozing official website from where I have taken the screenshots and used in this blog of mine.
Link to Official Website : Holozing Site Official
By visiting the above link you can explore each and everything about the game but still I am sharing the link to the Whitepaper in case anyone wants to head there directly.
Link to the Whitepaper: Whitepaper for the Holozing Game.
That is all for this blog, I would like to thank everyone for reading till the end.
Thank you
