dCity is a long running simulation game built on the HIVE blockchain - players can collect NFTs in their account and through the unique combinations of all the NFTs they hold produce effects, including ranking rewards, new NFT minting, access to raffles and giveaways and token minting.
Its a complex, math based game that is super fun for some, and way to complicated for many. Which is one of the reasons why I am the top player in the world - and I (and others) have made a lot of money from playing this game, and playing it well.
Its also the reason why I created the ARMERO token, when I saw an opportunity to tokenize exposure to dCity, I thought it could be good for certain funds (like my INCOME Synergy Fund) to get exposure to dCity without having to 'play'. And this has worked out enormously well for INCOME.
Today I am going to lay out the case for you to hold some ARMERO token, and announce a private sale of ARMERO tokens at 0.3 HIVE each. Read on to find out more.
What is ARMERO?
ARMERO token represents a tokenized share in the 
It generates 0.001 HIVE per week of dividends and uses the rest of its income to grow its base, usually by expanding its LP position but occasionally purchasing additional dCity NFTs as needed.
While the market estimate of the NFTs on the
Additionally, the LP position is worth another 6822 HIVE, and 72 HP, bringing the assets under management on the account to 27671 HIVE.
Because there are 85,299 ARMERO outstanding, we can calculate a asset backed value (ABV) for each token, through simple division: 27671/85299 = 0.3244 HIVE per ARMERO token.
Private Sale at 0.3 HIVE per ARMERO
- Why is this a private sale?
Because 
- Why is there a discount to ABV?
Headline value numbers can vary a lot. I think its safe to assume a small discount to ABV which is fair (and already agreed upon) to sellers and allow potential upside to new buyers.
Price and APR have an inverse correlation, and with divs producing 0.052 HIVE per year in cashflow, we can calculate the headline APR of 16% on ARMERO purchased at 0.3 - the APR will be higher if your purchase price is lower and vice versa.
This is in addition to the value growth, which we have managed quite nicely (one year ago we had zero LP position), as well as new developments to the game (see 
Is the still alive?
Yes, in fact its one of the most continously updated projects on HIVE. 
There are also a goodly number of assets backing the whole project -
Bringing it all together
Not everyone is interested in getting involved in a complex game like dCity - there is a lot to learn especially for someone coming in new and fresh. Its possible to do, and possibly even recommended - my starter city has 3x'd in value since I launched it last year.
But even then, the best APRs for playing are often earned at scale.
By holding ARMERO - you can get exposure to a growing portfolio of dCity assets as well as a 16% APR throughout the year - all without having to spend time clicking buttons or worrying about the rules and then the rule changes.
Consider holding ARMERO token in your porfolio - buy some today.