Well, it's been one year since we minted the $THGAMING Token on Hive, so we'd like to look back at some of our Developments for our Token and Guild as a whole. Some of this information was already relayed in our 2022 Yearly Review, but we'll be sure to include more developments in this post!
Tokenisation - Feb 2022
After minting the $THGAMING Token on February 1st 2022, we had some early buy-ins and saw our wallet numbers expand rapidly. 2022 was an incredibly difficult year for crypto, but we've managed to find a sober distribution policy for $THGAMING with just over 3.17% minted.
IMPORTANT 2022-2023 TOKEN UPDATES:
- 1 February 2022 - $THGAMING minted
- 7 February 2022 - Staking Enabled
- 21 February 2022 - Delegation Enabled
- 5 March 2022 - Curation Contract Enabled
- 1 April 2022 - SWAP.HIVE : THGAMING Liquidity Pool
- 1 Aug 2022 - $MINTHAGG Miners minted
- 1st Feb 2023 - 7883 Wallets have held $THGAMING Tokens
- 31,758,597 / 1 000 000 000 $THGAMING minted = 3.17%
- For more information about $THGAMING, please read our Whitepaper here.
To prepare for the next bull market, we're continuing to develop use cases for $THGAMING focused on increasing demand. We also have plans for increasing distribution (minting) mechanisms, but we're waiting for the $HIVE (crypto) market and robustness of $THGAMING to stabilize and recover. We will highlight some of our most important token updates below:
$THGAMING SMT (Curation) Contract
Posting in the THGaming Community or using the #thgaming hashtag will qualify you for earning $THGAMING through Hive's curation process: upvotes. Promoting quality content remains the primary focus of our curation efforts, so keep that in mind when posting. Curation is not guaranteed and is usually proportional to post quality. We have also added #cryptoshots to our curation contract, the first game we have taken this step with.
When we moved into Phase 2 of our Whitepaper, we quadrupled the SMT Curation Payouts. This seems like a lot, but it only equates to 1.08% of the total supply per Year!
- 907200 $THGAMING added to the Reward Pool every month (30 days) : 0.09% total supply
- The Maths : 60sec x 60min x 24hr x 30day / 120rew x 42int
- Payout Tags : #thgaming (Guild Tag) #cryptoshots (@cryptoshots.nft) #hive-184309 (all THGaming community posts)
- We are also large holders of $PIMP, $LOLZ, $FUN, and $PGM, so we include them in our curation efforts while also using the !PIMP !LOLZ !PGM tip commands.
Liquidity Pool Rewards
Since creating our SWAP.HIVE Liquidity Pool (LP), we have completed three 90-day cycles and are currently 59 days into our latest 90 day Distribution (Reward) Contract. The Liquidity Pool offers a place for investors to SWAP our $THGAMING Tokens for $SWAP.HIVE—Hive Engine's Layer-2 swappable version of $HIVE which can be withdrawn (converted) to $HIVE at any time.
For more information about or Liquidity Pool and detailed info about what an LP is, please read this post: 'SWAP.HIVE : THGAMING Liquidity Pool - 90 Day Rewards Contract initiated!'
Partnerships and Collaborations
When we first launched the $THGAMING token, it was with plans to develop slowly while rewarding our gamers with upvotes for quality Hive posts and exclusive gaming perks. Due to the massive amount of support on Hive, we have secured the following Partnerships (P) and Collaborations (C) :
- $PIMP Community - Partnership Post (P)
- $LOLZ and $FUN aka The Fun House - Partnership Post (P)
- $PGM aka Player Gamer Guild - Partnership Post (P)
- @cryptoshots.nft Game - Partnership Post (P)
- @kingofduels Game - Partnership Post (P)
- @muterra Game - Partnership Post (P)
- @oneup-cartel - Curation @thg-curator (C)
- @psyberx - Curation and Guild support (C)
- @fallen.angels - Curation account (C)
- Big Time Game - Alpha Access passes (C)
- @splinterlands Game - $THGAMING integrated into Tournaments (C)
Want to use $THGAMING tokens to passively earn? Read this post from our Hive Community (above) : 'Passive Rewards, Use-cases and Recommended Curators'.
2022 Social Media Numbers & Growth
In April, we evaluated our Social Media numbers in This Post. Feel free to read it if you have the time. Using this previous post as a basis, we've summarized and compared our growth (below) across our major SM Channels. We also have our own Twitch Account but have not started streaming there, yet. We currently prefer to support already established Play2Earn streamers from within our guild.
- Discord - 398 Members : up from 271 in April
- Twitter - 420 Followers : up from 136 in April
- Instagram - 124 Followers : up from 97 in April
- Hive Community - 552 Subs : up from 140 in April
All social media accounts can be found on our Official Linktree Page.
Future Plans, 2023 and Beyond
We will continue to increase use cases for our token by incorporating $THGAMING into more gaming economies. The bigger we grow as a guild, the more games will want to work with us, and it is my belief that one day $THGAMING will become a Hive Utility token usable in many different gaming ecosystems. Once we have considerable Hive support, we will look at expanding our cross-chain strategies to popular gaming chains such as $WAX, $ETH, $MATIC and $BNB.
In 2023, we will strive to connect with more games and relevant crypto platforms on $HIVE as well as other blockchains. This includes taking the time to research each project thoroughly and never go 'all in'. Many projects can fail in the long run, and we don't want to overcommit our resources to any one project. We will endeavor to bring opportunities to our Guild Members and will never use the $THGAMING token as leverage in loans (this is what destroyed the FTX Exchange in November 2022).
We will continue to self fund our own development, manage our crypto assets carefully, and help to build up and support the Hive chain as much as possible. Our success relies on $HIVE's success, and perhaps one day @thgaming will be integral to the Hivechain's development and expansion.
ReBlog Competition
Well done on making it to the very end of this article! To help spread the word about the $THGAMING Token, we will be offering 10 accounts that ReBlog this Post 1000 $THGAMING Tokens each. Winners will be randomly chosen in 7 days (post payout), and the winning accounts will be shared in a post comment.
Wrap Up
As always—and MOST IMPORTANTLY—do not spend any money / crypto you can't afford to lose! The global crypto market is undergoing what could be a long term bear cycle (more sellers than buyers), and everyone should be preparing for the long haul.
During the current bear market, Threshold Guardian Gaming will continue to innovate and collaborate while rigorously developing our token, guild and economy.
If you would like to join THGaming and explore the #metaverse with us, our social media links are below.
Trade safely, Game hard and have a fantastic 2023! 🚀
Linktree Official - All Social Media links
