Hello Hive and Moonkart Fam!
I hope that life is treating you well wherever you are in this part of the world.
Web 3 gaming is growing, and this time, when the market is improving, I believe that more value additions will happen to Web 3 gaming, so we need to keep an eye and see how things are going. Many trends are going on in the market currently, and these include Web 3 gaming AI segment, and also the real world assets along with meme coins and many other things, but I believe it is very important to focus on something which can be a great segment in terms of both overall adoption. The crypto market is not just about trading on some coins; instead, it is more about choosing the right trend and investing in the right project, because if it is done with proper study, then the probability and possibility of growing the investment are very high.
Gaming itself is a big segment, and even if you don't talk about Web 3, then also gaming is a big market and imagine if it is leveraged by blockchain and Web three, then it will grow tremendously. Moon Card is a car racing game, and it is in its early phase, where things are getting built, but I believe after some time, once the development phase is almost over, then we are going to see a significant rise on the asset value and I am very much hopeful that it will get a lot of users onboarding. This is the reason why I believe that investing this time in the game assets can be a great strategy, but do not forget that every investment comes with some amount of risk, so we need to factor that in. I'm fine with the risk because I believe in crypto, the probability of profit is very high, but at the same time, it is also very important to study the project and understand how it is going to perform in future because that determines the returns on the investment.
I was checking the prices for the colony token in the market. It seems stable at this price range However, I can see that the price has gone up by 32% in the last 24 hours but still, I find it a low price for the token which means a good time to buy more. I already have 235K tokens in my game account but it is always good to add more and increase the token holding as much as possible so today I'm going to buy some tokens and will stake all those tokens to grow my overall colony tokens holding.
I purchased 5000 Colony tokens from the market, and now I'll be transferring these tokens from the marketplace to the game account and powering it up, which is an easy process and should not take long and in fact, this should be done in the next couple of minutes.
The token transfer to the wallet is done successfully, and now it is time for me to lock these tokens in the balance, and this locking activity is called staking, basically.
Now the balance is updated, and after this purchase, my updated token holding is 240K colony tokens, which is half of the milestone because I'm trying to have half a million colony tokens, and this will continue to grow over the period, but for now, 500K is the immediate target. I don't see that there's any reward like we get with SPS Holding, but it still is fine because maybe there is something which will change later, and that is not a concerning point for me as of now, because I'm pretty much focused to having as many tokens as I can.
I tried to play the game today in the multiplayer format, and I was hoping that I'd be matched with some player, but it looks like not a good time for me because there were number players available, and for that reason I could not play the game. I don't know which time is best to play the game, but I will try to see more into this because I'm sure some people play the game, but it is also important that I know what time is best, so we'll figure that out in the Discord server. I have played this car racing game sometime back and it was fun but I believed that I need to play more to improve my overall handling and get eligible for the reward also because till the time I did not get any reward but its fine because I know for the reward purpose I need to put more efforts on the track and do more racing for the kart.
✨✧✦✧✨✧✦✧✨✧✦✧✨✨✧✦✧✨✧✦✧✨✧✦✧✨✨✧✦✧✨✧✦✧✨✧✦✧✨✨✧✦✧✨
Because there is no other player, and I waited for about one and a half minutes, I cancelled the race and quit the game. Like I said, that game is in an initial phase where the players are not a lot in the game; however, I am very sure that things will improve when the game is fully developed from the players' point of view, and I am sure developers are working very hard to make it happen. Let's hope the game grows fantastically and see it growing soon, and since we are part of the game from the initial days so hopefully we'll benefit more.
✨✧✦✧✨✧✦✧✨✧✦✧✨✨✧✦✧✨✧✦✧✨✧✦✧✨✨✧✦✧✨✧✦✧✨✧✦✧✨✨✧✦✧✨
Image Courtesy: Moonkart Game website