Holozing - Finally Accomplished having 25 #VIALS - My Strategy Ahead - Plan to Buy #ZING in BULK...
Hey All,
Recently I made a post stating 25 #VIAL is Inevitable - Holozing - Bought 20 #VIALS - My Strategy Ahead.... 25 #VIALS is INEVITABLE... and here I am reporting the mission accomplished i.e. I now have those beautiful #vials in my inventory. You set a GOAL and when you accomplish the same its a great feeling. Currently 1 VIAL cost around $20 dollars and hence my investment here is $500 [20 *25] and I am not going to stop here as I now move on the buying #ZING token in bulk which is the in-game currency of the game Holozing
Finally Accomplished having 25 #VIALS - My Strategy Ahead - Plan to Buy #ZING in BULK...
The above image which I have taken from the Holozing webportal clearly depicts some important stats around the Circulating Supply, Total Staked #ZING, token market price and the total marketcap.
Circulating Supply - 121+ Million
Total Staked #ZING - 106+ Million
Current Market Price #ZING - $0.0013
MarketCap #ZING - $161K+
The best part that I like about the above stats is around the total number of #ZING tokens staked which is like above 87% of #ZING tokens are in the form of being STAKED.
Percentage Staked = ( 121Million / 106 Million )×100
= ( 121 / 106 ) × 100 = 87.6%
Where do you get to see these numbers where the total staked percentage is above 87% and continues to climb. Its showcase something which is around the confidence of the community on the project and its potential plus the rewards being given out at the moment. If you see at my rewards, I have close to 300+ #ZING tokens to be claimed and I am claiming every now and then. All the rewards by default are staked and one need to unstake if they want liquid #ZING. Now that I have accomplished my main GOAL around having 25 #VIALs now the plan is to accumulate #ZING as much as possible. I would also give a disclaimer here, which is around my recent profits from the SWAP.HIVE- ZING liquidity pool. I had around 500K+ #ZING in LP and I had bought ZING at a lower price and when the price skyrocketed recently I had booked some profits around 600+ #hive by exiting the liquidity pool. The intention was not to exit completely and move on but rather was to accumulate #hive and buy back #zing at lower levels. Right now #ZING is trading around 0.0048+ #HIVE for ONE ZING token. I would renter i.e. buy ZING in bulk at around 0.004 #HIVE or maybe even lesser if the opportunity strikes. That's the plan for now and lets see how this pans out in near future. Well this should be it for todays post on - **Holozing - Finally Accomplished having 25 #VIALS - My Strategy Ahead - Plan to Buy #ZING in BULK...Happy to #hold these VIALs for now and reap those benefits of getting more #ZING as rewards... Happy Investing and Gaming... #zing to the moon soon... cheers
Following are some handy Links that you can access for more details about the game:-
official Website- https://holozing.com/
Whitepaper- https://whitepaper.holozing.com/
Discord- https://discord.gg/s9YdYc6p3J
Main account for the HoloZing Game- @holozing
My Holozing game Referral Link @Gungunkrishu
Delegation account- @zingtoken
Have Your Say on the game - Did you Buy Vial? #HOLOZING & #ZING Token...
Did you join the #HOLOZING party Yet or not? How are your building your #ZING Stack? HODL Vs SELL? Entered ZING-SWAP.HIVE Liquidity Pool to earn more #ZING Tokens? Would love to know your views/thoughts. Let me know your views in the comment box below... cheers
Holozing - Finally Accomplished having 25 #VIALS - My Strategy Ahead - Plan to Buy #ZING in BULK...
#holozing #zing #play2earn #nfts #collection #game #web3 #game #vial
Image Credits:: holozing, peakd
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..
Congratulations, I will try to buy more.
Thank you dear @sanjeevm bhai. If you have plans to buy VIALs right now is the best time as it gives you more zing rewards. The team has increased the rewards from 20k zing to 90k zing for folks holding VIALs..cheers
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Gratzz!! on achieving your goal, you now have a nice stash of vials giving you rewards.
Have you calculated how long it might take the rewards to cover your cost ?, I'm guessing a long time, but even if you can full pay for one or two before game launch, it definitely worth it
I'm looking forward to the Holozing game! I was a day one investor and player of Splinterlands and I hope Holozing does as well or better in terms of game fun and token profit.
ZING Token
I have a good amount of Zing. Hundreds of people have more than me but thousands have less. I delegated Hive to get some; I added to the liquidity pool to get some. I also buy and sell in the hive-engine market. Right now I think it's a good time to take some profits at the 0.004 price. In my own opinion, and this is just me, I think 0.002 is an okay price to get in, but might be too high in the long run as well.
The thing that worries me is that Huge potential token inflation. There are 9 quadrillion possible tokens that could be printed. So, every 1 existing token could be diluted by 6.9 Million X if all tokens are eventually printed.
9007199254740991 / 130407232.012 = 69,069,783
Source:
Maybe most of those 9 quadrillion tokens will get burned, but it's hard to say. I read that the team intends there to be plenty of tokens out there to be used to do all the things they want to do with them in the game. So maybe they just entered a huge number in the box when they were creating ZING to have the option of having tons of tokens if needed. Still, that Huge potential supply keeps me from being bullish on the token price. But again, I did get tens of thousands of ZING so I'm not trying to be negative!
The Actual Game
So this looks pretty cool from what we can know so far. The art is excellent. The team is excellent. Very few people are more solid and trustworthy than acidyo.
The game mechanics seem to be something that will be fun to learn and play.
I'm a little worried about this game being for casual players. I'll probably be a casual player. I started Splinterlands as a casual player who played a little every day. But over the years it became too much of an investment in time and money to learn all the new rules of the game and my older awesome cards were getting outclassed by newly issued ones. But they have Land now which is casual; you just set it up and collect every few days. That's all I have time for.
I hope Holozing does get a big following of casual and competitive players. I expect it will bring in new people to Hive who aren't here already. Those of us here already might not have much time to be more than casual players. There's only a certain number of hours in a day and many of us are already writing posts, reading posts, commenting and playing one or more of the existing Hive games so I worry about fitting in something new. But again, I bought some Vials so I'm ready to play Holozing!
My Ideal Game
I do like battle games and in my desire to be a casual gamer I like the fact that you can do a Splinterlands battle in under a minute. I do play other games and spend probably too many hours on them, but I do go back to them for the fun. So while I do plan to play Holozing and see if I like it, I also have the option of playing and adding to my own game which is in some ways a very simple version of Splinterlands which dozens of people are playing and seem to enjoy. Rather than needing to buy new editions of cards in order to be able to compete, I'm trying to introduce ways to upgrade existing cards people already have.
Game development is not easy, and keeping it balanced and fun is also not easy. I have very high respect for everyone working on Hive related games and other projects that might help our beloved Hive blockchain! I wish everyone a wonderful 2025!
token supply was set to max allowed amount on hive-engine "just in case", there's no plans to issue that many and in the future we will probably not be on hive-engine forever looking at how things are going. While the token will remain inflationary for a while forward (recent changes for instance turned daily distribution from 410k to 460k) there'll be a time where this drops when we aren't in such a need of funding any longer.
Thanks for the comment!
The current inflation in ZING is a good rate, and I say that because the inflation has never caused the token price much, if any, downward pressure. In fact since mid October the price has been mostly higher than the range it had been in.
Probably smart to choose the highest number for the "max" variable as it gives you the most flexibility. The project has been well managed and there is steady demand for the ZING token. I am just one of many who will be watching Holozing and ZING in 2025 as things launch. Best wishes!
This is a very nice comment, I don't know if this mentioned/worded like this in any of the Holozing posts, but It wouldn't hurt to remind the community of that maybe.
Sure, I'll try remember mention that in a next post as we change up the distri as well and have another creature reveal waiting!