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Every project development needs ideas and money
All good projects start with a brilliant idea however the road that leads from an idea to a MVP is a long and arduous one.
This needs money and for this a project needs to dip into its internal resources or look for VC funding.
Getting VC funding makes news but ….
Invariably when a project team meets VC’s and presents its ideas to ask for funds there is an expectation from the VC side to get returns on the investment.
With this agreement in place the priority of the team shifts from development and community engagement to devising ways to give back to the Venture capitalist.
This at times can cause a conflict of interest and the project goals shift. The community often takes a back seat.
The major chunk of rewards go to the VC and a fraction come to the community. At times the community interest falls along the way.
However and the team did not go this route and instead used their Hive experience and resources to fund the project.
When I claim my daily rewards I cannot help but notice what a brilliant move this has been.
I love the idea of playing a game and earning money. That is why play2earn games have a special place in my heart.
With this intent I got interested in Holozing a play2earn game that is being developed on the hive blockchain.
Holozing has the classic elements of a popular game
Since the game is still in development, one cannot be certain how the final gameplay would be like because things are still developing and evolving in the holozing ecosystem.
Holozing under construction does not mean it is boring
For a game, crypto or any project team building the project is just one aspect that they have to deal with, however another very important aspect is the community.
and the team have been devising ways to build a community around the holozing game ecosystem and keeping them engaged.
Not everyone is into gaming
A game economy has multiple elements some come here
- To Pay the game
- Collect NFT's and other game collectables
- Earn from the game economy
- Do a combination of one or more of the above
Interestingly holozing offers something for all these categories of users.
It all started with a claimdrop
The holozing team have created a unique claimdrop build around the game ecosystem. For this to work they have incorporated Zing the native
In this method users on hive can come and claim their zing token based on the involvement.
The idea is that the hive users can visit the zing rewards page and claim their share of Zing tokens everyday or multiple times a day.
The rewards that a user can claim depends upon a couple of elements such as
- The amount of Zing tokens staked. Zing tokens can be staked from within the holozing rewards dashboard.
Currently the APR of staking Zing is 26.37% - Another way to get hold of zing token is by providing some Hive delegation to the project. By doing so a user can earn Zing tokens at an APR of 16.54% (currently and subject to change)
- Provide liquidity to the Zing- Swap.hive liquidity pool. This is currently the most lucrative way to get your zing tokens. Here by staking zing and swap.hive in the liquidity pool the user can earn a juicy 62.58% APR
- Earlier there was another opportunity to earn zing tokens and that was by way of holding posh tokens in your wallet. However that option has been phased out.
However one can always keep an eye on community announcements as they keep bringing out activities and opportunities to earn Zing tokens.
One such activity was the Holozing December advent activity where a user had to visit and claim tokens everyday. The daily visit and login gave the user one whole Zing token.
Tying the December advent to future pack sales
Anyone who took part in the December advent activity got a decent amount of additional Zing tokens.
Besides this the regularity of the users would be rewarded by way of a future discount in pack sales.
Once the pack sale goes live the users that took part in the holozing advent daily login activity would get a discount based on the basis of activity.
These are dynamic discounts based on the activity level. A user who logged in for10 days in December would have got 10 additional zing tokens and in addition he would be getting an additional 10% discount at the time of buying the starter pack.
Since December has 31 days so a person who logged in on all 31 days got 31 Zing tokens and would be offered the starter pack at a discount of 31%
How effective is this magic super glue?
These collective efforts and plans devices by and the team are nothing short of applying the superglue that has worked like a charm.
I am one of the many hundreds of users who have stuck around. As a result I have managed to have over 7K staked tokens that are growing at a healthy APR of 26.37%
If I can do it then you can do it too.
Here is my link to join and get started on holozing.