Accumulating more Zing in Holozing for 100k Stake
I have been accumulating zing tokens since day one in the Holozing game. The distribution was started in October and at that time the APR was very good however it kept on dropping which is obvious because when more people join the pool the APR percentage will go down. That is not a problem I believe because with dropping APR percentage I'm able to have a bigger stake so technically there is not much effect on my overall reward. As of now we only have the token launched for the game and it is expected that the game will be going live next year which means we have enough time to build token holding.
It's a play-to-earn game where we need to hold certain assets from the game to have a better gaming experience. These assets are going to be some NFT along with tokens in the game. As of now since we only have the token available I think it's a good opportunity for us to build a better stake and get ready for the game launch. There will also be the sale for nft which is anticipated to happen in this month however there is no official announcement published from the game side. Maybe there is some delay on that because it was never announced officially however I expect that they should be doing it soon. The game also published a weekly report in which we get to see a lot of information about its growth and overall progress which clearly shows that the team behind the game is working hard to bring things in place.
My Token Accumulation Journey
While I have been accumulating the token from day one which I think is a great move for me and it helped me to have a better stake. In the beginning, I had no goal but now I have decided that I will have at least 100K zing in my account. I don't know what would be the value of these tokens later but I think it is going to be quite a good amount and hopefully, with this holding, I should be able to have a better gaming experience. Following the same strategy I stake all my rewards and even buy from the market. I already did buy some tokens this week which are part of my stake now and still planning to buy more since I see the price going down. As a buyer, I would always expect the price to be on the lower side so that I get more tokens and for this reason, I'm keeping an eye on the market price.
This is what I have as of now where the balance is about 20k. Not since my goal is to have 100K Zing token hence I am away by eighty percent and that is the gap I need to fill in the next few months. I know it's not easy but it's going to be a fun ride I believe and since I expect that there are a couple of months before the game launch I will be trying my best to have this balance as much as possible.
Zing Staking APR is Good
While we have the option to earn zing to open through four ways I also believe that we should not be underestimating the staking APR which is almost 70% as of now. Whatever token we have at stake will be earning this APR but I also see this as an opportunity when we can buy the token now and put it on a stake to earn this amazing APR. Even though it will drop which is obvious but also before it goes too low it can be a good time to get more tokens through the stake.
More Zing Buyers in Market
It's good to see that most of the people are buying the tokens and they are kind of grabbing the opportunity of low price which is good. I also placed my order for 1000 zing tokens at a certain price and I hope it gets filled. If it is not filled then I will make some adjustments to the price however this is the highest price on the buyer window but I'm not sure whether it is going to be filled because maybe some of the people jump in and take the price higher. It's fine because in any market it happens however I'll be trying to change the pricing a bit more which can help me have this order filled and if not then I'll be trying to match the same with seller price but that is going to be the last option for me.
About snapshot looks good where we can see only one sell order and the rest of the people are buying which clearly shows the enthusiasm and interest from the community side. Buying at the market surprise is not going to help in the current market scenario because I can see very few people selling the token whereas the buying quantity is way higher and this is the reason why I have placed my order at the higher window of the buying price. I hope some sellers match my order so that I can get this order filled.
It's good to see more people coming in and joining the game and also exciting because people are trying to hold the tokens and they are not selling much. I'm sure it is going to be a plus point for the overall project and I expect many more people to come in and get on board with this fantastic game. The bigger the community means better the game will be and I am sure things are going to be so exciting and fun once the game is live but in the meantime, we can continue to build whatever is available as an opportunity for all of us.
Here I share 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
Delegation account- @zingtoken
Images are taken from https://holozing.com and hive-engine website
Thank you
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You are already ten times ahead of me, I have only 2k, where do we buy and how to stake ?
lol.. I am taking baby steps but you can go ahead of me in just one shot when you want.. 😂
Where do we buy and how to stake ?
You can buy from hive-engine and for staking you can use holozing.com . I am not sure of HE for staking but I think you can do it from there as well however I never tried.
I am confused, there are so many sites :
https://hive-engine.com/trade/ZING
https://hivehub.dev/market
https://tribaldex.com/trade/ZING
Which one is better ?
I use hive-engine more so I would say https://hive-engine.com/trade/ZING is good..
this is also the same token but on Tribaldex, if the hive engine does not work then you can use below. You will get the same token using both.
https://tribaldex.com/trade/ZING
Please ignore this-
https://hivehub.dev/market
Thank you.
Anytime Boss.. Happy to help.
So I logged into hive-engine and it does not show my hive balance, do I need to convert it into swap.hive ?
Yes if you want to hive buy token in hive-engine then you need to have swap.hive there.
You have good plan here, 20k ZING in few months,it means 100k is at hand. You have motivated me so much
Thank you! I think that now is the good time to build more
That's a great idea to accumulate in such a period with extremely lower prices, the hype of gaming is gonna take the price up though the gaming experience will matter. But the developer team seems to be so good at this case in my opinion. I am just going to cross 6K staking and hopefully, I want to cross 20K ASAP.
Thanks for sharing your thoughts and goals.
absolutely and this game has potential. I am just trying to build a stake before the game goes live and this should help me in game play