Hello Moonkart Fam!
I hope that life is treating you well wherever you are in this part of the world.
For some time I have been trying to build a token portfolio in the game. I believe this is important because the more digital assets I hold in the game will bring more value addition to the overall gaming portfolio. The game is doing great in terms of its growth because I see a lot of people joining the game which is good and in any gaming project bigger the community matters a lot. What I'm trying to say is that the more people play the game makes a bigger community and it's a family where more users are an important part of this game ecosystem.
I believe that this is applicable for all the games and not just limited to the games that are built on the blockchain. Games that are built on the blockchain are called play to earn because this is where we get the opportunity to earn real money however in the traditional games that is rarely possible. If I share my experience then I don't know any game where real money can be earned through the reward mechanism and maybe this is the reason why those games do not stay for the long term.
The game called Moonkart it's so good and it is part of the splinterlands ecosystem. There are multiple N F T cards available in the game which is similar to the Splinterlands. There also we need to own NFT for better gaming experience. Although there we have the option to take those NFT cards on the rent but this option is not yet available but I'm sure this should be available when the community is decent size. While cards are still available but I believe buying more token is even more important and that is why I'm trying to pay more attention to this part of the game.
COLONY Tokens
This is a governance coin of the game which you can consider similar to SPS. Having more is Beneficial for anyone who can be a player and even I invested in the game. For example if you take sps then its value was much lower a month back but now things are not the same. I believe that colony token is also going to be the next SPS which is right not reading at a low price but this will not stay for too long. A small change in the game can trigger the price and that would be the time when this token value will also appreciate. I cannot say how much value it will be in future but all I expect is that it will appreciate and people who buy early will be benefited.
This is the balance I have in my game account currently and it is 174K which is much closer to the 200k mark. The ultimate goal that I have is one million and I hope that in next few months this should be achieved. The current price is low and this is why I have been able to buy a good chunk of tokens but that is not the end instead it is a start which I have already done and will continue to do till the time my goal is not achieved. It is an investment which I am doing for the long term and I believe that this invest will be a fruitful investing for me which I am doing now for next few years. Many things are changing and development is happening in the game which will bring more value to the game later on especially when the market is recovered and we see other coins getting appreciation.
SCRIPT Tokens
Now talking about this coin which is called script is basically a stable coin and its value should be one dollar. The current price is less for the coin obviously but I don't think this is a matter of concern instead it is an opportunity for the people who want to buy more. I have limited resources to invest because there are multiple things which I am trying to work on and it is not possible for me to buy in a big quantity. But still I am trying to diversify my investing portfolio on different projects and coin and script is the another coin which I have purchased. I believe it is a good decision to buy now because the price is low and once the price grows it will be even more valuable.
The utility of this token is also good but we can expect more to come in future however I cannot say how much time it is going to take but if you are in the game for the long term then you just need to focus more on the building side instead of the cycle. The market runs on the cycle basis when the cycle changes things will become more valuable and when it is going to the other direction then we will see the value drop which is another buying opportunity in the market. This is how this market works and we need to understand.
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So these are the two tokens which I am focused as of now and trying to accumulate gradually. You may not see me buying a million tokens in one go but you will surely see me grabbing a smaller chunk of tokens from the market and growing my portfolio by powering up. This is the best practise in my opinion for me that works well and in some time I will be able to grow my overall token holding because that is what I am targeting to do now. Investing on the games can be more profitable if it is done in the early days and splinterlands is a good example which is an old project but I believe MoonKart is a game project which is in the early stage and later its asset value will grow exponentially. This is why I'm trying my best to have a good number of tokens now when the prices are down and I'm buying more.
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All images are sourced from https://moonkarts.arcadecolony.com