Hey All,
Its been a while that I talked about my investment in the blockchain farming game here on the HIVE which goes by the name Dcrops. But before I into the nitty-gritty of it its imperative to have some basic understanding to what Dcrops is all about? Well it is a blockchain based farming simulation game which runs on top of the Hive blockchain. Start with owning a far, plant a seed in your plots and harvest your crops in the form of #CROP tokens which is in the in game currency token. One can either sell #CROP to swap for #HIVE or use it to buy in game assets or other NFT cards from internal market.
Bought #50 DCALPHA Packs for 500 #HIVE - My Strategy Ahead...
Ok lets now get into my purchase of 50 #dcalpha packs for 500 #HIVE. As evident from the above image take from hive-engine you can clearly see the transaction happened where my purchase price for each #dcalpha packs is 10 #hive. Now lets have a look at the internal market at what price these packs normally trades for. Have a look at the following graph to get an idea on the price movement for #dcalpha packs
Normally these alpha packs sell for around 18 - 20 HIVE per pack. So getting at 10 #hive per pack was a stealer deal to ignore and I had to shed 500 #hive here. The plan ahead is to keep these packs unopened and build my DCROP POWER. The more CROP power I have the more rewards I get every season along with daily #hive being paid out. Basically the unopened packs [alpha and beta], items with 3 star quality and CROP tokens give you CROP POWER. Accumulate more crop power to increase your rewards its that simple. Here is the glimpse of my daily #hive rewards and with regards to rewards chest at the moment I get close to 150 of them.
I have close to 2+ Million Crop Power the same can be seen from the above image and its getting me around 2.5 #hive daily as rewards. So what next? Well the plan is to double the crop power in long run and have the daily #hive rewards doubled and bring it to 5 #hive daily. In order to increase the crop power, I am also holding #hodl CROP tokens received from every season and along with that providing liquidity to the SWAP.HIVE-CROP liquidity pool. With regards to the liquidity pool right now I am on the second spot with close to 11% share.
The investment in this pool is almost touching $1K+ mark, recently dripped because of #hive price dropped today. The plan here in the LP is add another 500 #hive as this help me increase my Crop Power. If I look at the value of all my NFT [Non Fungible Tokens] in the game then its around 12K+ #hive and to date I haven't sold a single NFT in the game. Rather have been focused on buying the rare NFTs. Well I guess this should be it for todays post around - DCROPS - Bought #50 DCALPHA Packs for 500 #HIVE - My Strategy Ahead... And more Alpha packs to be bought. Happy Gaming... Cheers
Have Your SAY on #DCBETA Packs & #dCrops in general...
Do you HODL #dcbeta #bcalpha packs? What cards did you get? Were you lucky to have some legendary cards and still #HODL them? Are you accumulating #CROP Vs Selling it for another token? Let me know your views in the comment box below?...cheers
DCROPS - Bought #50 DCALPHA Packs for 500 #HIVE - My Strategy Ahead...
#dcrop #dcalpha #alphapacks #dcrops #crop #farming #blockchain #farm #plant #seeds
Image Credits:: dcrops, hive-engine, pro canva, tribaldex
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects...