Growing my assets through NFT Mining
With the crypto market down this is a great opportunity to start stacking assets and as hive is my favorite blockchain so I will be looking for opportunities there.
I've been researching WOO (Wrestling Organization Online) for a while now and I'm probably way behind on starting investing in it, but the game hasn't been released yet so I guess I'm not as late as I think I am, anyway I missed several investment opportunities that happened over the last few months.
My current strategy is to accumulate assets (cards) and wait for the game to release, the price of cards is currently low compared to last year and after the game is released it is very likely that they will increase in value so I will enjoy it now while they are for that price. But just buying the cards and waiting for the game to launch to start making a profit is not a good strategy and that's why I will use NFT Mining to increase my earnings/assets until the game is released.
NFT Mining is very simple to explain, you just need to own the cards and put them in NFT Mining, 50 unique accounts will be drawn every hour and each one of them will win 342.466 WOO. Each card in NFT Mining will give you a number of tickets, the tickets will be used to draw the winners, so the more tickets you have, the more chances you will have to win.
NFT | Tickets |
---|---|
Common wrestler | 1 |
Common manager | 2 |
Rare wrestler | 5 |
Rare manager | 10 |
Epic wrestler | 25 |
Epic manager | 50 |
Legendary wrestler | 80 |
Legendary manager | 160 |
Lore cards | 100 |
Saturn and Raven cards | 2080 |
In short, you'll just need to put your cards in NFT Mining and hope to be one of the winners to collect your reward. It's very simple and easy, just the way I like it.
Another detail is that gold cards multiply tickets by 100, so a gold Common wrestler will give you 100 tickets and not just 1.
My intention is to put my cards in NFT Mining to earn WOO and use WOO to buy new cards and accumulate as much as possible until the game is released.
Remembering that NFT Mining will only last for another 3 months (July 13th), but that's enough time for me to increase my collection a little more with the earnings generated by it.
There is also another option to increase my earnings which is to stake the WOO earned in NFT Mining, the current APR is 25.03% and this value is not bad so it might be a good idea to separate a part to stake.
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