Holozing Review Hive Blockchain Game
Holozing is a new game currently being built on the hive blockchain. However at this moment you can already take part in it via defi methods with staking, unstaking, liquidity pools and more!
In this article I'm going to show you the different methods and also go over what we know about the game so far. Personally for me it's development work like this that I love seeing take place on the Hive blockchain and what I ultimately want to support and maybe do myself one day. For now I'll all about building the ecosystem and investing into projects.
What Is Holozing?
Holozing is a new crypto blockchain game that is currently being built on the hive blockchain. You can review the full whitepaper here > Holozing Whitepaper
The game will be of PvE and PvP elements and focus around you (your character) as a healer and then NFT cards you control. As you move through levels you'll need to try different tactics and learn how to take these monsters down giving it a fresh on the spot dynamic to the gameplay.
Another aspect of it which personally I love is going to be professions. They will be things like mining, scavenging, alchemy , cooking etc which will be used to create in game items creating it's own micro economy within the game run by players.
How To Earn ZING
Zing is the token ecosystem of the game and currently can be earned to get you prepared for the game in various methods. Let's highlight them below.
Right now you can take part in helping fund this game and seeing it come to light via the following methods...
Login To Your Holozing Account with your Hive Wallet here > https://holozing.com/rewards
The rewards screen is the main one we will want to focus on today and will look something like this.
1 ) The currency supply of ZING this will continue to go up as staking rewards and later in game rewards get emitted.
2 ) Total staked is now much staked ZING there is currently which I believe is only the sum under number 6 in the screenshot above and does not take into account staked liquidity pools.
3 ) Market price current price of 1 zing token
4 ) Market cap estimated market cap of the ZING token
5 ) Claim rewards. As you start to build 6, 7, 8 and 9 you'll be able to claim all of your rewards here with one click. These rewards at least for now will be instantly staked and none will be liquid.
6 ) Your own staked zing reading left to right liquid zing you have, total staked for your account, the current APR rate you're earning on that staked.
For example here I currently have 0.01 liquid which I can do whatever I want with such as staking it and locking it up or trading it on the open market or adding it to the liquidity pool number 8.
I have 23,140 ZING staked currently earning at 140% APR (which will continue to fall over time as more gets staked) Currently at that rate it means I'm earning roughly 88 ZING per day from staked rewards.
7 ) HP Delegation is one of the coolest aspects I think about the Hive blockchain. If a project offers this it means you can delegate them your hive power and they will earn curation rewards on that hive power which can help them to get the hive blockchain resources they need to run their project.
Currently this pays 72% APR and is falling pretty fast. With a little over 10,000 HP currently delegated I'm earning a decent amount of ZING in this way but it wont last too much longer.
8 ) Liquidity Pool Yet another cool feature of development work on the hive blockchain is liquidity pools. This is the brainchild of TribalDex Diesel Pools but also is on BeeSwap which I prefer that UI over tribaldex at the moment.
As you can see I only have a small amount in here and the APR is currently crazy at over 900% however take note that most of the new ZING being printed is staked and there's very little liquid but that will change and this APR will continue to fall. There is also the possibility of Impermanent Loss so be sure to understand this first before dumping liquidity in.
9 ) Posh rewards in Zing Posh was a project started years ago by @acidyo and was a way to offer up some rewards to those who were sharing this hive blockchain articles on web 2 platforms. However it's now transitioned a bit into offer rewards for new projects that are releasing as an extra little bonus/thank you. These are hive-engine tokens which can be bought and held if you wish.
Later once the game is released you will be able to earn ZING from tournaments, weekly rankings, creator collection, professions, gear, achievements and titles.
What Will ZING Be Used For
From the white paper we can see the ZING token will be used for item recharges, crafting gear and upgrades, cosmetics, tournament entry and general progression.
This means to actively play the game you're going to need ZING to do all things giving the ZING token a good workout.
Release Date?
We are expecting closed Alpha sometime in the next two months per the current roadmap. Early in 2024 will be open Alpha for all and Q2 2024 Open Beta. If all that goes smooth we will have launch of the game in 2024 most likely summer of 2024 is the current outlook for release which in crypto terms really isn't all that far away.
So there you have it all the ways to start building your ZING stacks and getting ready for one cool NFT game addition to the hive blockchain. You'll also be showing your support and giving it to a number of people who have been around in the hive blockchain for some time now and hopefully show others what is possible and get even more development work and projects launched on chain.
Posted Using InLeo Alpha
The POSH distribution is not just something novel or as a thank you, btw. The POSH project funded the early start of game development and various other things. Game logic and development is a lot further ahead than other parts of the game's ecosystem thanks to it. The main reason we opened up HP delegations and the rest now before the game is ready is that POSH couldn't keep up with funding it any longer. The only "thank you" comes in the form of other posh holders being able to share the distribution of zing that's going to POSH in exchange for its early funding. Which means that eventually after we calculate an average price of zing over some months and we have a total amount of Hive we know POSH has spent on it, that distribution will stop occurring as POSH will have been made whole. We thought it was better another fairly distributed token would be the one to kick-start the funding of holozing rather than a single entity because they would then want a lot more say in what happens with the game, how profitable it is for them, etc. Instead we have a project that's been trying to assist Hive for years continue doing it in other ways now including those holding POSH. POSH is also not in a hurry to dump/spend all the zing it earns because it will naturally want both zing and hive to do well so it's more like an investor and a partner in the project that'll wanna help the game out and eventually also invest in other startups on hive albeit smaller ones than zing, it already has decided on a new project but it's still too early to spill the beans on that or start funding it.
That's actually quite wholesome :)
I'm glad Posh helped the project out and you guys give in return, that's what the Hive community is about.
Love this and thank you for putting more context on the POSH token and the structure of the thought process and how it's working with ZING currently appreciate that.
Also someone say another project 👀 I look forward to it and keep up the awesome work. Really excited to see all of this taking shape by you and other developers.
I love that long-term mentality.
You got a lot of Zing already, I just reached 600 staked ZING and I'm delegating 1000 Hive power to zingtoken.
I'm also really excited for the project and can't wait to for the open alpha to get first feel for it.
You should be stacking some good ZING in no time!
As I note around here it should be best stuff I think to understand how liquidity pools truly works before taken an applicable action . Holozing project is quite amazing.
I have seen this game, many are talking about it, I am also accumulating some tokens with a delegation I have made.
It is interesting and I would like to see how the gameplay is.
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Love seeing development like this on Hive. It's such a unique blockchain in terms of how it works for everyone. Content creators, hobbies, projects, development and more.
Liquidity rewards are distributed every 24 hours to our hive wallets
You can see how many zing and other coins, the APR and when they will be distributed by clicking the down-arrow on the right side on this page , https://beeswap.dcity.io/pools/positions?search=zing
APR: 847.389%
Next rewards in 23 hours
Rewards end in 75 days
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Just want to tell you that I read your entire content. A great review of the game.
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Excellent overview, thank you!