Hello leofinance, in this article I want to share and create a journey with play to earn metaverse that I am already in. I have a small budget to invest and let's see if my strategy will give me a good ROI in 3-6 months.
As you might now, on January 8th 2020 Bitcoin hit the lowest 10 Fear and Greed Index, I think it is a good chance to start jump in and buy the dip, especially in altcoin play to earn metaverse blockchain gaming
- Town Star - by Gala Game
Farm simulation/town design similar to farmville, Town Star is my first play to earn metaverse crypto game. Done my research with youtube, discord community, and TA on the Towncoin chart, then my first choice is Town Star.
Basically, Town Star can give you earnings with TownCoin rewards based on NFT placed in the game and holding at least 1 Gala or 0,5 TownCoin.
I watch a good youtube video from this person on ROI with TownStar. There is $50 Gala Gold Membership including a free 1 Town Star NFT that can give you rewards of 1 TownCoin / day.
I know in early June / July Gala is giving referral rewards 100 Gala/ref and if you join early, you can buy some NFT without any investment, because Gala is pumping in November 2020 and that 1 referral reward will give $50-$100 both account, if I join right now I must spend at least $100 to get 1 NFT.
Considering this I think I am a little bit late with TownStar, can't find another game that gives good ROI with a small budget, I decide to invest with it.
My investment :
- Ethereum for later Gas Fee $100
- Gala $85 for buying Gala Gold Membership
- Total : $185
Spend :
- Gas Fee for Binance withdrawal Ethereum $30
- Gas Fee for Binance withdrawal Binance Gala $30
- Gas Fee for buying Membership $10
- Gala Gold Membership $50
- Total Spend $110
Asset :
- HODL Eth on wallet 0,021
- HODL 2,4 Gala
- 1 NFT Town Star Express Depot
- 1 NFT Echoes of Empires that I got from Airdrop because joining membership before 2022
Earning :
- 1 TownCoin / day avg price $0,6 / day
Risk :
The risk here is TownCoin price, the rewards are depends on TownCoin price, as of January 9th 2022 the price trade at $0,6 / coin.
Don't forget ETH Gas Fee
Because of the high Gas Fee on Ethereum, I will need about $30 to swap TownCoin from GalaChain to ETH blockchain and about $15 to send TownCoin ERC20 token to Okex exchange. That is 2 months playing for paying gas fee, damn ETH. At least I still have some fun playing this game, and have $200 assets for free.
My rough calculation is I need 8 months to get my spend back with avg Town price $0,6. But if it pumps to $1 / Coin then I need 4 and a half months. This calculation is not included with 2 assets that I have, $200 total right now, again not included the gas fee :(
Worst Scenario if BTC dumps it will dump I think to $0,2 or $0,1, then I need 1 year or more playing this game. It might be ended up me buying another NFT with TownCoin from Okex exchange, there is Town Star NFT that you can buy with TownCoin on gala games store, towncoin dumps, NFT will be much cheaper right?
Another scenario is if Galachain is live in this year, maybe it will no longer need a high gas fee for withdrawal, but until now there is no information about it.
- Solice - VR Metaverse built on Solana blockchain
A good project that built on Solana blockchain, the first open-world virtual reality game which I discovered from Telegram group. You can research more on this project from the website : https://solice.io/
Still early on this project I follow with joining community airdrop, later on, I am not winning.
I join IDO whitelist on Solanium, then I got no chance to join the whitelist.
Then yesterday SLC got listed on Gate.io, with a start listing price $0,07 / token.
My strategy :
- Buy token early for later buying NFT or Lands Sale on this game
- My research the metaverse games lands sales and the cheapest NFT price is ranging between $100 to $1000 / NFT, or 50 to 100 game token price, therefore I predict the SLC price will go above $20 to $30 / token.
I jump in and start buying 55 SLC, my avg price $1 / SLC.
Right now the token is trade at $3 / SLC, good news I already 3x my investment here, but it is still early, on crypto anything can happen, dumps will happen.
I think the token will go down below $2 or $1 again later until the announcement of Public Lands Sale or NFT drops.
- Ragnarok Game - Hive Blockchain
I am new in this community, and yesterday I read about incoming airdrop from SPK Network and Ragnarok game. When I came into the SPK site, it said snapshot will happen in 2 hours. Lack of information about it I just invest about $20 to buy HIVE and withdraw to my account, and still don't know if I get NFT airdrop from Ragnarok game with this small investment.
- More Game
Do you have any other suggestions for me on which game with a small budget and good to play? Comment below and give me a recommendation.
I should suggest this information is for my fun journey on metaverse only and not financial advice, do your own research, then have fun on Metaverse!
If you want to join me you can use my referral link below to sign up on gala games for Town Star, or joining early with SLC on gate.io.
- Gala Games Ref Link : https://gala.fan/72LizsMfm
- OKEX for buying TownCoin : https://www.okex.com/join/ACECO1500776
- Binance Ref Link for buying Gala / ETH : https://accounts.binance.com/en/register?ref=19150189
- Gate.io Ref Link for investing early on Solice Metaverse : https://www.gate.io/signup/6170466