We discuss whether you should invest in the dCity SIM token or dCity NFT cards to build an income stream.
When it comes to investing in dCity, there are two ways to build an income:
- Investing in the dCity SIM token.
- Investing in dCity NFT cards.
In this section of our dCity SIM guide, we discuss the merits of each and in which aspect of the game you can make the most money.
Investing in dCity SIM
Your first way to build an income from dCity is to directly invest in the SIM token.
For simply holding SIM, you receive daily holding rewards.
Right now, the SIM holding rewards on offer are as follows:
97.665% APR, paid in HIVE daily seems like quite the deal to me.
On top of receiving HIVE rewards for simply holding SIM, you also have the ability to earn LP rewards in Hive’s newest foray into the world of DeFi.
One of the Tribaldex Diesel Pools currently on offer to SIM investors is the SWAP.HIVE:SIM LP.
This is extremely exciting for active dCity players and HIVE investors alike as it offers a steady APR in a liquid Hive-Engine token when pooled with HIVE.
You can easily access this particular LP directly from the dCity game interface by clicking the swap tab at the top.
As you can see, the LP offers the following rewards:
- Rewards Pool: 23,671,233.177 SIM
- SIM APR: 27.676%
Very exciting indeed.
Investing in dCity NFT cards
Your second way to build an income from dCity is to invest in the dCity NFT cards to build an in-game SIM income from your city itself.
When it comes to buying dCity NFT cards for your city, the strategic possibilities are endless.
Whether assigned when you buy new cards, purposefully acquired in a trade from the market or generated from the game engine due to the makeup of your city, all subtle changes have an influence on your income.
With this guide focusing on dCity SIM rather than the strategic intricacies of building your city, let’s instead focus on investing in dCity cards from a trading perspective.
Click on the market tab at the top and you can find an extremely detailed market for every dCity NFT card available.
By searching through each dCity NFT, you can view detailed bid/ask prices as well as view historical price charts for every card.
But the best part of the dCity market is that you are able to make both offers and bids on cards at whatever price you want.
Say you’re after that Military Industrial Complex for 15,000 SIM instead of the 20,000 SIM you can currently buy it for, simply make an offer.
It’s just like any market where your SIM is held in escrow until someone chooses to fill your order, or you cancel.
Flipping dCity NFT cards like this can be quite lucrative for the patient, savvy investor.
The bottom line to investing in dCity SIM vs dCity NFTs
So after all that, should you invest in dCity SIM or dCity NFTs?
“Porque no los dos?”
The cool thing about playing and trying to generate an income from dCity is that you don’t have to choose between one or the other.
Holding SIM compliments your SIM generating gameplay from the NFT aspect of the game.
But now thanks to Tribaldex Diesel Pools, you can put that SIM to work in the SWAP.HIVE:SIM LP.
You truly can achieve the greatest results and make the most money by investing in both dCity SIM and NFTs.
Best of probabilities to you.
Direct from the desk of Dane Williams.
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This dCity SIM blog is exclusive to leofinance.io.