Holozing: Completed 20K Zing Milestone

Hello all Hive friend and Holozing Community Members

Source - Edited in Canva

Play2earn concept of web3 is one amazing concept which is fun along with earing. The Hive Blockchain is home for many play2earn games, and Holozing is one which created a good hype initially but for some couple of month the development has slows down a bit. And their is reason behind the slow momentum, as the team has shared in past that because of the sickness of team members. The moment and sharing the progress of project with community give a positive vibes about the project and increase the trust factor. Recently the team has shared the glimpse of two new creatures and the new abilities. The concept of evolving the creature looks cool. Your creature will be something else with different characters and this will be super cool. The recent revealed creature is bug and poison type creature. The bug names Larvie will later on evolve into Noxic. It can poisoned the enemy and has the ability to slow down them also. The slow enemy and increased dodge make it more powerfully and reduce the chance of getting hit by others.

My Zing Token Status

In my last post I shared the News that I achieved the target of 15k staked Zing token. Option is available to claim the airdropped token daily but I am not claiming the token daily. Last time claim was on 08th May (more then 1 month ago), at that time I was able to claim approximately 4632 Zing token. Today also claimed 7,152 token. I have delegated 1520 Hive and their is no change in the delegation to the project as compare to the last month ago that means the delegation rewards are almost same as compare to the last month. If we look at the market price of the Zing token price is still not moving and is low at present so it may be the best time to purchase the token and accumulate.

At present I am holding 15.2k Zing token and with todays claimed the staked and delegation rewards, I am able to complete the milestone of 22.45K Zing. All those 22.45k token are in staked condition and earning daily token at current 15% , 1 month back it was 19.17%. Their is a reduction of approximately 25% within a 1 month time in APR for staking reward . I all depends on the overall Zing token staked in the ecosystem, more token in staked condition means the pool get distributed among more peoples so that also may be the one reason for reduction. At present the Zink token does not have any other use case other then staking, it is good option to earn the more token by staking rewards.

As I have mentioned already their is no change in the delegation, I have delegated 1.52K hive power to project and that also earn me token daily, the current APR for same is 17.10% .

Liquidity pool is another way to earn Zing token. To earn some extra I am also participating in the liquidity pool by providing liquidity in the pool. Rewards form the liquidity pools are distributed daily in liquid state.

No much change in liquidity pool share. Total share is 1.74k ZING and 6.79 HIVE. The APR for the liquidity pool is 36.48%,

Final Words and some views on new creatures revealed

It was a disappointment when their was less activity form the main game account and community was not getting the update about the development but the recent developments fill the community with excitement. Hope the team will be on track after the sickness and the development will be in full swing in coming days. We can understand this will also delayed the beta launch of the game but its better to launch a game with no bugs. It happened during the development as it took a lots of efforts of team to shape the project, the draft get converted into revisions and then we get the final product.

Here are some links for your ready reference.

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

What are your views let me know in comment section.

Let's Connect
Hive: @guurry123
Twitter: https://twitter.com/guurry123
Discord: guurry123

Posted Using InLeo Alpha