What's New On The Hive Blockchain April 23rd
Before I used to only do my own goals for the week as a way to hold myself accountable and to show others what is possible with continued work, building connections, investing etc. This year I changed that to start pulling in more data from the hive blockchain and go over the new things with the blockchain in particular new applications running on it.
This week we have a few big announcements so let's jump into it.
INK Card Pack Sale
A new game I've been watching for the last few months now has just released their initial pack sales. The game is called CraftInk and you can buy packs for a limited time until they are sold out at $3 a pop which can be paid via HBD or Hive. There are a total of 4,000 packs so $12,000 is looking to be raised during this initial phase.
Buying 100 packs at a time will net you 5 bonus packs
Buying 500 packs at a time will net you 35 bonus packs
Buying 1,000 packs at a time will net you 100 bonus packs
As of writing this there are currently 3,347 more packs up for grabs. Personally I picked up a few myself mainly because I enjoy supporting hive projects such as this. It seems on the smaller scale of games however the artwork looks awesome and the theme feels pretty cool!
The game is also currently on pace. The next thing to expect in Q2 will be a mini game to start and get things rolling but already in Q3 of this year we are so far looking at the game release which is pretty awesome.
Other Games
There's still a number of other games that are launching a few updates as well but nothing big to report on those yet. I've seen a lot of smaller scale games launch lately and wonder if it's a way to produce some more revenue streams for the company as the core games are being built or not.
New UIs
We are also getting closer to the new UI for LeoFinance and the core foundation of it being a twitter like alternative. The main thing that worries me a bit about this project is the sheer lack of votes on these short form posts. But it understandably makes sense and it's something I was worried about from the very start in terms of adoption rate of the project. It seems clear that wont be changes and instead the core foundation of it will be mainly content, a way to connect faster and overall give a reason to hold on the the LEO token because of the ad system that will be in place.
This could be good enough and the like vote system might not even really be needed or a focal point at all which is ok and might actully pave the way for real adoption into the platform.
If LeoThreads new UI can get a high enough engagement and active monthly users that continues to grow month after month then the possibilities of outside companies coming in and buying up rather large sums of ads to fuel everything could potentially be massive for not only LEO but also Hive in general. This is because games and other applications would have a twitter like function to share their stories, battles, posts etc which would get more people involved including developers. There's a lot riding on the success of this and I'll be doing what I can personally to see to that success and growth.
Goals
Just a quick recap of my own goals mainly to keep me on target. I'm also feeling really good about it all and the stacks are growing rapidly and continue to expand.
Hive
Goal: 100,000 Current: 92,970.08 Needed Per Day to hit goal: 27.89
This daily need reduced by another 1.1 hive per day which is starting to rapidly push me closer to my goal. You'll see via the charge below that most days I'm hitting 50+ hive a day and a good part of that is coming from sales that then buy hive power and power it up.
*Picture taken from HiveStats.io
LEO
Goal: 150,000 Current: 83,822.99 With Delegation: 113,827.99
I've actully been aggressively stacking LEO tokens while the price between hive and LEO is highly favorable to LEO at the moment. This has been growing by at least 300 LEO a day but in most cases we are looking at around 500 LEO a day on average. Now seemed like the perfect time to hyper stack the token and get ready for what it might bring here in a week when the new UI goes live and a ton of extra push is focused on the marketing of the project.
Personally I see LEO token returning to $0.10 - $0.20 range. I highly don't think we will see $1 this year unless we hit some hyper bull run and the defi platforms start to take off a bit more. The last time we hit $1 on this token was when we had the perfect storm of a massive bull run and a defi launch during the height of it all.
DeFi
I also believe that DeFi will be part of the front end of the next bull run and we will see massive growth in this area. In about two weeks I have some decent stacks of DeFi that will be coming out of lock period which I set for 6 months. The max you could do was 12 months on many of these defi Platforms which did offer a high APR however my thinking was a vast majority at the time would stake for that long because of the overall negative pressure in the crypto markets then. We were looking at $15,000 bitcoin in those days just 6 months ago (pretty crazy to think 100% gains in the matter of half a year.) My thoughts are that a lock period for this long still gave me a good APR rate of over 20% in a lot of cases but it would also unlock my funds during a time when I felt the bull run would be starting to take off. That would mean I have liquid funds while everyone else is locked for the next few months. We will see how that turns out.
The goal with this is to take those profits and apply it to something else. I'm seriously considering doing a heavy push into Splinterlands SPS tokens to get me to that 1 million SPS goal much faster with current prices.
One million SPS wouldn't be life chaining but it would be a sizeable stack that would earn about $20 passively at current prices. However my current bets are that SPS will start going up in value come Q3 and rolling into Q4. This mainly comes down to the tokenomics and demand as land is released and DEC holds peg which makes burning SPS a realaility.
*This article is for entertainment purposes only and is not financial advice.