As you may know the #HoloZing project has not been long in the #hive platform, from what I remember it has been about 4 months since the project was announced. But the good thing is that what I found is that this project has received great support from the users.
I have been in this ecosystem for 3 years, and this is the first project that I feel has been very successful, with great support from Hive users. Got more than 4M HP delegation in just a very short period of time.
If you look at the 4M HP delegation in the form of an upvote, the price is about $55 per upvote. Which I think is very great. This is the secret of the success of this project which gathered so much HP delegation in such a short time.
Apart from this, #hive users are also getting great support from the #HoloZing community. If #hive users write a good post about a #holozing project or game, they also get good votes.
Now let's talk about the price of #Zing token, which prices went up and down in 4 months. I remember when the project officially launched, the price of #ZING token was around $0.12.
Keep in mind that users who delegated their #HP also got a good APR per Zing token in return. Now when the Zing token increased, its value also decreased.
Even after 2 months its price came to $0.016. But after next 2 months its current price went down to $0.006. This is called demand and supply, when the supply increases, the demand decreases and the price also comes down.
But the main reason for its low price was its APR. This project received a token from #hive users who received more than 50% APR Zing tokens. The reason for this was to get more users to delegate their #HP and attract users to this project.
Now the price of #zing token is $0.006 per token which is the lowest price ever. This rate will not increase unless its APR return is lower.
When its APR return decreases, the demand will increase and the price will increase.
What is great about this project is that it will be the first bull run that will be seen. I think it would be worth even $0.05 in the same bull run.
Now guess how much profit you will get if you have Zing Token. It will easily give about 10X gain which will be the best profit for Hive users.
This is my attempt to tell your friends about the #holozing gaming project and discuss about its reward system. Also explained how its price movement has happened in just 4 months period
I hope this post is interesting and informative. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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