Earn tokens by playing this free-to-play NFT game: This is surely fun and enjoyable game.
There are lots of NFT games now in the cryptocurrency space and each are competing to be one of the most played blockchain game by many players. And as a player myself, I always look for a game that is so fun and enjoyable while stacking the free tokens I can get from playing it.
I played and tried different NFT games already and most them didn't get a touch of my taste because the game is not that great and were poorly developed, but of course that wasn't only the reason why I didn't pursue on playing those games. It's also because the tokens you can get in the game is very small that it would you take many months just to get your first dollar.
In this article, I will share this very fun and very beautiful NFT game that I have been playing for quite some time where I am getting different rewards based on my skills with nothing being invested. This is one of the NFT games that I love and enjoyed so much playing that I almost forgot that I can get money from it from playing - and the game is called Thetan Arena.
Thetan Arena Game.
Thetan Arena is a MOBA (Multiplayer Online Battle Arena) game that you can play together with your friends. Players can form a team to battle in the Arena and reached higher ranks by winning. There are lots of Game Mode in the game;
You can play solo in the Solo Mode.
Party with one with Duo Mode
Or party with 3 more friends in a Deathmatch
And there more modes that will refresh everyday for you to play.
Free To Play.
Thetan Arena is a game where players use their NFT characters to battle other players and earn tokens along the way. Every owned NFT characters has a limited tokens to be earned per day if they won using that NFT character.
However, players can still play and earn for free in the game thanks to the free characters given to users when they made an account in the game. Thetan Arena give users free 3 characters for every new players that signed up in the game. But the concern is, those 3 free characters are not NFT.
The free characters are not tradable in the marketplace and doesn't have earning features for every win unlike players who bought an NFT characters. If you don't have money to buy a characters, you can still compete in the battlefield using those free characters. If you are skilled enough, those free characters can take you up to higher rank.
Rewards For Free-to-play Players.
There are two major differences with players who bought an NFT characters and players who only play using the free characters from the game.
Free-to-play players can only earn tokens in the game every time they reached a new ranks. While players who play using NFT can earn tokens after a very victorious battle and also for every new rank is reached.
Invested players can withdraw their earned tokens in the game anytime they want to while free-to-play players need to reached Bronze Rank first before they can make a withdrawal in the game.
Those are just a major flaw that I saw for being a free-to-play player. But if you are having a really good time in the game, those things will not be a big deal because I can assure you the is very fun and addictive.
How Do You Start?
Starting in Thetan Arena is pretty simple. All you need is;
An email
A crypto wallet (Trust wallet, Safepal, Metamask, etc.)
The Thetan Arena app.
First, you should download the game.
Sign up using email and input the verification code (It's pretty simple).
Log in using the sign up credentials you used.
And you can now start playing the game after the game gave you a random 3 free characters (If you are lucky, you can get a very strong characters).
If you are enjoying the game, make sure to connect or sync your game account in your Trust wallet or Metamask wallet.
Go to your wallet's browser and go to the official website (please provide it personally).
Sync your wallet and game account using your sign up credentials.
If you have done those things, it's time for you to start grinding to higher ranks.
The Tokens.
Thetan Arena has a dual-token system for the sustainability of their game. The $THG token is the native token of the game while $THC is the reward token. Each tokens has different use cases.
$THC is mainly the token that players can earn when they achieved a higher ranks. $THC can also be used in their marketplace to buy new characters - and this characters are NFT and you can own it.
Right now the prices of these tokens has dropped so much due to market situations. So if you are planning to buy characters, then now could be a good time to use it. But if you are playing for free, then it's time to accumulate more of these tokens.
Final Words.
Since you can play Thetan Arena for free and without an investment (money), you should not expect to gain hundreds of dollars from the game. The game itself is fun and very enjoyable and earning from it for free is just a bonus. This is way better than other NFT games that can take you so much time just to have your first few dollars.
Not really feeling well today. Also need to wake up early tomorrow.
Will read all the pending articles in my notification tomorrow.
Good night 🌉
Kucoin And Binance Exchange: The 3 Differences When Trading.
I started and practiced trading in Binance Exchange because of all the crypto exchanges in the space, Binance has most easiest and newbie friendly features when you are new to the platform. Of course, this is all based on my personal experience when compared to other trading platforms.
I've been using Binance Exchange for over 5 years if I were to include the time when I was new and the 2 years when I stopped my exposure in cryptocurrency. Back then, Binance still offers most of its features to every users.
Time goes by, I was sorting and trying different exchanges other than Binance to where I can trade freely and easy and of all the exchanges I've tried, one of the best candidate and competitor of Binance is Kucoin Exchange. And in this article, I will mention the 3 things that differ the platforms with each other and how it impacted to them.
Coins Available In The Perpetual Contract.
One of the best thing every leverage traders wants is the availability of different coins that can be traded either simultaneously or focusing on one coin. When the platform have a long lists of coins in their perpetual contract for the traders to trade, it will become an advantage as traders want it for them to trade the coin as much as possible.
Binance Exchange currently has over 150 perpetual contracts that leverage traders can trade in the platform. It is a huge number of coins that traders can freely take a look and analyze themselves. More contracts means more opportunities that can be seen.
On the other hand, Kucoin Exchange only has just over 100 coins in perpetual contract. And since it has fewer lists of coins in their futures market, some coins that are fundamentally good in the cryptocurrency space were not available in Kucoin like Original Protocol or $OGN. The worst thing for me in the future trading in Kucoin is that there are contracts that first attract so much volume from traders. What I mean is that there are low caps coins, that is just less than $10 million market cap, and most traders don't like it because the risk are far too great because if the volatility it can give.
Non-KYC Trading.
Like I mentioned, I was once a trader in Binance but because of the regulations they have set for its users, I was forced to take out all my assets there and leave Binance. The reason for this is that Binance will no longer allow non-verified users in their platform to trade in their perpetual contracts or future market. Users now are required to be a level 1 user in their platform to be able to trade, deposit and make withdrawals. If you ask me why not verify my account to go back trading in Binance, my simple answer is that I still don't have a valid ID because I am still waiting for my national ID to arrive that I have been waiting for almost a year now.
Since I can no longer trade in Binance Exchange, I decided to start my trading journey in Kucoin Exchange. It was really fortunate for me because as of the moment, Kucoin still doesn't require its user non-verified users to do a KYC process. Users can freely trade in the spot, margin and future market. They can also deposit and withdraw assets from the platform, but of course with limitations.
The Cross and Isolated Margin.
One of the best thing in trading in the future market is knowing the risk you are putting in a position. Binance let its traders whether to use a Cross margin or the Isolated one. But what are they? Here's the simple explanation;
Cross Margin will let the system to use all the funds you have in the future account to make your liquidation far from your entry point and avoid sudden possible losses caused by volatility.
While using Isolated Margin, you can only use the position you put in a trade. If your position gets liquidated, the amount you used as margin is the only thing that will get liquidated. You can just manually add an amount to further make your liquidation far away from your position.
This is a very great feature that Binance offered to its traders that Kucoin Exchange is lacking. In Kucoin, there are no Cross or Isolated Margin option. When you made a position, the only thing you can do is to add more margin for you to avoid near liquidation points. Kucoin needs an option like this to ensure a little the safety of its traders.
Closing Thoughts.
Both Kucoin and Binance Exchange are great platforms and gives lots of opportunities for its users. However, the difference are quite great with the advantage being in Binance but I know Kucoin will eventually take a step on what they are lacking.
Invest nothing but earn by playing: Upcoming high quality Free-To-Play-To-Earn Game By Skygard.
There are lots of unwritten rules in the crypto space but one of the most wanted of it is "Getting early on a potential projects" where early investors or players can have the advantage of taking everything what the project can offer to its early adopters.
There are now lots of new and upcoming blockchain games in the current space and some are still developing the product, some are feeling its success but most of them fails. As time goes by, it's getting hard to find what's the new gem and decide where should you take a risk of jumping into the project. This article will share about this new upcoming Play-To-Earn game and it's free for everyone to enjoy and earn while playing.
Skygard Metaverse Will Be Hot.
Welcome to SKYGARD, a revolutionary Anime inspired NFT ARPG game built around P2E and F2P mechanics, where you can buy, sell, collect items as NFTs, get rewards by farming, staking, and much more. Skygard will be launched in Binance Smart Chain.
*Definition from their* *website**.* https://www.skygardgame.io/
The game defined and made it clear that their game will have a free-to-play mechanics for everyone who doesn't want to put money in game. However, of course, there will be lots of differences from playing the game for free compared to players who invested in the game.
Free-to-play players:
The game will let players to play the game for free and along the way, in their progress, they will be rewarded with a portion of $SKG tokens and Arcane points.
Account level in only limited.
Use The Forge for only a limited times.
Cannot trade NFTs in the marketplace.
Can still participate in PVP modes.
Pay-to-earn players:
Players will be rewarded with $SKG tokens for every quests completed, adventures and events of in the game.
Trade NFT items in the Skygard marketplace.
Participate in PVP modes, battle royal, deathmatch, team match and duel.
Skygard Characters.
Skygard currently have 5 characters displayed in the game. Each characters has its own role and can be usable and powerful in the game depending in the situation and how it is played.
Minting Rarity Boxes.
Players can decide what rarity of the box they want to mint to get NFTs and upgrade artifacts.
Common box = 0.3 $BNB
Rare box = 0.6 $BNB
Epic box = 1.5 $BNB
Legendary box = 2.2 $BNB
Each boxes already have items and will only rely with pure luck of the players what can they get from minting those boxes.
Skygard Marketplace.
Since the game is still developing and harnessing its game, the marketplace is not yet available for players to buy and sell items or NFTs. The game will probably announce it when they are ready to launch it and when the game itself is already functional.
Skygard Adventures Is Coming.
This is shown in their website but no further explanation is available of what will this adventure be like. There are less than 1 month and 2 weeks before the timer run out and I'm pretty sure minting will start when this time runs out and hopefully players can already start playing the game.
Skygard Tokens and Tokenomics.
According to the game's whitepaper, the game is still in contact with experts on how they can deploy a sustainable tokenomics in the game. They are planning to run the game for a very long time and they need a tokenomics that can have a sustainable economy in the game.
The team are making sure they won't experience what most failed NFT games has experienced in the past and wanting to provide enjoyable and sustainable game for everyone.
Transparent Teams Of Skygard.
Transparency is one of biggest ✔️ check in a game if the people behind it are showing their real face and credentials. However, in Skygard, there are currently 4 members available to see in the website - Two game developers, and economist and lead artist. Hopefully more people or members of the will be available in the website, if there more of them, so people can even gain more confidence of trusting the project.
Last Say.
The game is still underdevelop. No tokenomics yet, marketplace is not yet available and you can't start minting before adventures comes. This game is thoroughly and carefully being developed and trying to give opportunities to people who doesn't want to invest but want to enjoy and earn from game.
As of March 19, 2022, the game has still a month and half before they can start the adventure and probably start the minting and playing the game. Wishing the success of the game as they are giving effort on their game graphics and economy.
Skyward Website. https://www.skygardgame.io/
Basic Thing To Learn To Spot Possible Rugpull Project: Owned Percentage Of The Supply.
If you want to know about these basic things to learn and to be more wiser in cryptocurrency and investing, you can start reading my first article of this series: ***Basic Thing To Learn 1.*** https://read.cash/@Cryptlook/basic-thing-to-know-if-the-project-is-a-potential-rugpull-locking-liquidity-7ed989e8
The article mainly tackled about the token's Liquidity and guiding how you can avoid getting rugpulled and losing money from it. It was the first one, and this article right now will be the second and will be talking about the importance of owning a percentage of supply of the token. If you want to learn more, make sure to stay tuned for a new series because I will randomly published it every week.
Owned Percentage Of Supply.
On March 16, 2022, I talked about how important locking the Liquidity is to avoid a total rugpull in the project. But also mentioned, not in the main topic, that a rugpull can also occur even if it has Locked its Liquidity forever. A rugpull can still happen when there is a huge amount or quantity of tokens being sold minutes after minutes in the market. And this is possible when; https://read.cash/@Cryptlook/basic-thing-to-know-if-the-project-is-a-potential-rugpull-locking-liquidity-7ed989e8
A wallet holding a huge percentage of the supply sold or were selling.
New tokens were being minted in the contract and being sold by the developers of the project.
If any of these two mentioned above are active, then people who are invested in the project are on high risk of losing their invested money. Those two mostly happen with degen token (right now with meme tokens and NFT game tokens) after a huge pumped when the hyped of the marketing is slowly fading. A wallet holding a huge amount of percentage of the supply will take advantage of this to convert their tokens into other cryptocurrencies or stablecoins.
How To Know The Supply Holders?
This is just simple. All you need is to have the contract address of the token and paste it on its chain explorer/scanner (example; Etherscan and bscscan). There you can find most of the information you need about the token like the total holders, price, transactions and of course the holders. You must know the first 10 wallets of the token and how much tokens they have and realize how much of a big impact on its chart can take when those wallets sold.
When To Know It's a Red Flag?
If the developers were anonymous, at least give it a very little try.
If they promised a huge marketing, take a little risks and be patient
But if the token has an unlocked Liquidity, infinite supply and many wallets were holding 5%, 10%, 20% or more? Then don't bother getting into the project.
*Not unless if the wallet with huge percent of the supply is a contract wallet.*
When a wallet has so much amount of the tokens, then the future, or even just the coming days of the project, will totally fail. Those wallets holding a lot of tokens will only have one job: To wait for people's money and sell on the top.
For every people who buys the token, they can sell.
For every pumped happen, they will surely sell.
When a FUD is present in the project, they can strongly sell.
After all, those wallets with huge token holdings can decide whether they drop the price of the token or just let it be for a while. More percentage means more power in the token's price. So if you want to be a better investor, don't just take the risks with knowing how you can possibly lose in this game.
Related articles:
**Tips For Better Investing**. https://read.cash/@Cryptlook/top-3-tips-for-better-investing-avoid-losing-money-as-much-as-you-can-in-cryptocurrency-f79379d2
**Why NFT Games Can't Sustain.** https://read.cash/@Cryptlook/blockchain-games-3-reasons-why-nft-games-cant-sustain-for-a-long-time-4193d0bd
**MyDefiPet Arena Is Coming.** https://read.cash/@Cryptlook/mydefipets-full-play-to-earn-arena-experience-is-coming-battle-your-pets-against-other-players-5d850fea
**How I Lose $500 In One Token.** https://read.cash/@Cryptlook/beginners-investing-mistakes-losing-more-than-500-in-2021-from-this-dex-token-28acc7db
Conclusion And Recommendation.
There are a lot of projects promising great products in the space almost everyday, however, most of that projects were simply a kind of scam who just want to take money from people. This is why a very deep research is needed because we are talking about our financial capacity and needs here and for -50% of value of your portfolio that lose, you need 100% increase for you to gain back those losses.
Be wise. Do research. Trade responsibly. Managed your risk.
Basic Thing To Know If The Project Is A Potential Rugpull: Locking Liquidity.
Investing early in a new project is one of the assuming ways that we can probably get more money from it even with just a small amount of initial investments. Like what most of the people always said, "Don't get into FOMO or fear of missing out, but more importantly don't get too late". We hear this a lot and we can see this on every social medias when someone is convincing other people to jump into the project just because they saw a "potential" of 10x or 100x returns of investments with it without even looking at the project's white paper, tokenomics or transparency.
This article will serve as a guidance to everyone who are most likely prone to jump in this kind of scheme especially when degen trading or short term investing in a new project. Either it's a meme project or not, everything that will be tackled in this article will be a part of your "Do your own research".
Liquidity Is Only Locked For A Short Time.
If you don't know what Liquidity means and what its purpose is, the most simple explanation for that is;
Liquidity of a token is the most essential part for the token for everyone to be able to buy and sell the token in the market. If the token doesn't have Liquidity, it can't be traded on any exchange. And if the Liquidity of the token is low, 1 big buy can make a big impact of its price while if it has huge Liquidity, you can buy and sell the token at the most stable price possible.
When doing degen trading, new projects mostly focus more of adding the token's Liquidity so that its community can start trading it. The developer can decide whether they will lock it for a few days, weekes, months of forever. It's always up to the team behind the project to do so.
So what will happen if the time duration of locked Liquidity expires?
This is where the concern gets rough. The developers must be transparent to the community that it will locked the Liquidity again to ensure and gain more confidence from its investors. And if the developers won't lock the Liquidity, they can always pull out or sell those Liquidity and dump it on the market resulting a huge red candle stick in the token's chart. Its price will be at zero or no value... And that's what you call a rugpull.
When that happens, people who invested in that rugpull projects will now only have the token but zero value. People can do nothing with it anymore and all they need is to move on and find another project with real potential.
So what should you do to avoid this?
Simple.
Find a project with great tokenomics, make sure the token's smart contract is renounced - renouncing the smart contract of the token means that the developer of the project doesn't have anymore control to the token. They can't mint new tokens, can't change the buy and sell slippage and can't disabled trading the token.
Research if the project has locked the token's Liquidity for a very long time or much better of it was lock forever - meaning the developers cannot unlock the token's Liquidity and sell it.
*However, locking the Liquidity forever doesn't give assurance that the token can't be rugpulled. Even if it was locked forever, if the developers still have access to mint new tokens and sell in the market, that will be a new case called slow rugpull. And that will be tackled in the episode of this article.*
Final Say.
This article is the first one from my series of articles called "The Basic" that's all about cryptocurrency tips, advices and my experiences in crypto trading from the past years that I will be publishing every week. The sole purpose of this series is to guide everyone especially new people in cryptocurrency how to do a research and avoid losing investments.
*Original Image Source.* https://www.google.com/search?q=Liquidity+rugpull&tbm=isch&ved=2ahUKEwjMrY6Zpsr2AhVUft4KHYNRC3MQ2-cCegQIABAC&oq=Liquidity+rugpull&gs_lcp=ChJtb2JpbGUtZ3dzLXdpei1pbWcQAzIECB4QCjoHCCMQ7wMQJzoGCAAQCBAeOgoIIxDvAxDqAhAnOgQIABADOgQIABBDOgcIABCxAxBDOggIABCABBCxAzoFCAAQgAQ6BggAEAUQHjoGCAAQChAYOgQIABANOgQIABAYUMYIWJIyYOozaAFwAHgDgAHsAogBoSySAQgwLjIzLjYuMZgBAKABAbABBcABAQ&sclient=mobile-gws-wiz-img&ei=PasxYowb1Pz5BoOjrZgH&bih=762&biw=424&client=ms-android-oppo-rev1&prmd=niv#imgrc=auFAeWNrT-cHFM
Why I'm bullish on Portify as SocialFi: Engage and Earn!
The cryptocurrency space doesn't stop to give everyone more opportunities and constantly developing ways to engage and let people earn cryptocurrencies even without the need to spend any amount from your own pocket. All you need is your dedicated and your perseverance with a little knowledge can make you a deserving one to those opportunities.
Blockchain gaming and decentralized finance are just some of the hottest ways to start earning in cryptocurrency and with it, it offers us some kind of great experience. However, for you to take on this trends, you need a valuable amount of money for you to start generating profits. So this article will be about a SocialFi, being developed by Portify, a new way to socialize, engage and earn free cryptocurrency without spending a single cent.
Portify as SocialFi.
Portify is a social media platform almost like with Twitter... But better and more to offer. With Portify, you can socialize with other people in their platform and engage, you can also track all of your assets from different chains that's integrated into the DApp, you can trade cryptocurrencies with their own exchanger inside and you can earn cryptocurrency with their social media platform called **Blyte**.
We already know some of the social platforms where we can also gain free cryptocurrencies like in noise.cash and read.cash that rewards users with $BCH that runs on Bitcoin Cash blockchain, Publish0x that rewards it content creators with different kinds of cryptocurrencies that mostly runs on Ethereum chain and LeoFinance that rewards users with $HIVE that is on the Hive blockchain.
But Portify is new in the space and still being developed by the team, and the project is currently running under the BNBChain which I think will be expanded to other chains as well in the future.
How does Portify's SocialFi Blyte works?
Like mentioned above, Blyte will almost be the same with Twitter, however, your every post in the platform could be more worthy. Every user can send and receive cryptocurrency to each other whenever they like your content. Sounds familiar right? Well, of course, that's what noise.cash are doing right now.
One of the unique things of Blyte is that it integrated NFT and token staking in the platform, the rarer your Portify NFTs and the more tokens you staked in the platform, the more earnings you can get.
What I am hoping with this platform of Portify is that adding wallets from different chains can be possible so that every users can get tipped or receive other cryptocurrencies depending how the senders like to tipped the content and not just with $PFY and $BNB tokens.
What is currently going on with Portify?
Portify continuously develope their products in order to deliver a quality project for every people who wants to jump in. Right now, Portify's socialFi, the Version 2, lots of features are already available for everyone who wants to try the platform including;
Post and comment on your post and other.
Search and follow other users.
Write up to 280 words per post.
And more. Read their medium article for more information: **Portify V2 Update**. https://medium.com/@portify/v2-development-update-beta-testing-announcement-6431cabcf51d
You can also find about an announcement of incoming partnership of the project to gain more exposure and about the NFT and token staking and the rewards.
The $PFY Tokenomics.
Portify app has its own native token called $PFY that has different use cases for the project. You can use the token to buy the premium access of the app or the VIP Features and more utilities coming.
The total supply of $PFY is 100,000,000 and it only has a max supply of 180,000,000 - there will be no more tokens to issued in the future, no more but can be less.
The initial supply was only 100,000,000 tokens and the remaining 80,000,000 tokens were vested on December 2021. This means that the maximum $PFY supply to circulate in the market is only limited, and with different use cases to be added in the future together with its burning mechanism, $PFY will be more scarce and it can give positive impact on its price.
Is Portify Safe and Risk-free?
To tell everyone frankly, there is no assurance in the crypto space that a project is safe because everything here comes with a risk, and Portify is not an exception. Cryptocurrency is volatile, it can jump high or dive below. It is matter of trading strategy of everyone whether they hold, traded or spend the tokens of that certain project.
It is a matter of trust and research, I spent enough time to understand well about Portify and even if the developers are still anonymous, I don't see any sign that this project is a rugpull or will eventually fail because its fundamentals are considerable.
I saw the project when it was around $1 million market cap and it went over $20 million after a few months. With people experiencing a bearish market, Portify losses its market cap and went back to $1.3 million market cap. I'd say this is a great deal considering the future potential of success for the project.
*Rocket image source*. https://www.google.com/search?q=rocket+cartoon&client=ms-android-oppo-rev1&prmd=ivn&sxsrf=APq-WBsfnQgASYnjy5cakzsRF19hJKpkUQ:1647227029712&source=lnms&tbm=isch&sa=X&ved=2ahUKEwicquHvzsT2AhWUE4gKHXu9DYwQ_AUoAXoECAIQAQ&biw=424&bih=762&dpr=1.7#imgrc=x_cvBzIzzPoXOM&imgdii=m78jQoUPLUkRuM
Scholarship, Thesis and Feasibility Study: It Was A Busy Week.
This week is probably one of the busiest week of this month for me and mostly everything went good especially when it's about school requirements and stuff. There were some good news and some bad news and it made my week to be great and had an exciting experience being in the University again after 2 years of longing it because of the pandemic.
It was Friday, March 4, 2022, when I came back here in Naval, Biliran because our group in Thesis and Feasibility Study needed to meet because we need to finish our tasks as fast as we can because our teachers are already giving us a deadline for submission for them to give us the grade already. I should have been earlier but because of the crisis I am experiencing, I was late for 2 days and we were also late for making up our works.
Finishing our Thesis and Feasibility activities.
I'm already on my 4th year in BSBA studies and first semester of the school is about to end but we were still missing some grades because of the loaded work given to us by our teachers. Our Thesis that was supposed to be done already during our third year were giving as a hard time because our teachers just recently thought of making us defend our Thesis. And as a 4th year student, it became a burden in our back considering that we have other major subject to think and comply.
We were already done with our first Thesis defense and our final defense will probably take place during the last week of March 2022. That's why our group decided to meet and stay in place for us to finished the necessary things to do but unfortunately we were not able to make an interview because we are still lacking a lot in our work.
And with our Feasibility study, the only thing we need to do is to finish our Business plan and swot analysis of the business we want to study, we were almost done with it because we gave it a lot of attentions during the past few nights. We stayed up very late, we go for interviews, we spend money for coffee just to fight the sleepiness and get on to the work.
After all the efforts made, the sleep we didn't take and the unnecessary expenses, we were still not able to finish them because there were only 3 of us working on those work overnight. Most of our members can only appear during the day and some can only help through online because they were so far away and having difficulties for transportation.
My classmates and I have decided to finished this work until next week and during that time we need to give it more time and focus. We need to do the things we didn't do for us to get over this problem and get our grades already. We decided to take a little break, go to our individual home and see each other again next week and hopefully to finished everything we need to do.
Scholarship is finally coming.
Finally, some good news happened and gave me more energy to get going. For almost a year of waiting for the news and update about our scholarship, it has finally came at the exact time I needed it.
This week, the school announces that all TES and TDP scholars will be allowed to process the necessary requirements for us to claim our scholarship. I started getting my requirements on Tuesday, March 08, but spent 2 days for a single requirement. The first day was really hard because there was a very long line just to pay for our report card and authentication so I skipped it and went first to get my temporary ID.
On the next day, I was able to get my temporary ID and immediately went to cashier, without getting in line and just immediately pay for the authentication and report card. When I was done, I went to the Registrar Office to authenticate the paper then head out to school. I made a photocopy of my ID, report card and authentication letter and head back to my boardinghouse. On the third day, I went to the Student Center to pass the requirements and get my claiming stamp. It took me around 5 hours of waiting to call me my name and when I heard my name being called, I hurried to front and fill up a form then pass it. A seconds after the organizer gave me claiming stamp and I just need to wait for March 22-24 for the release of our scholarship.
**Dated: March 12, 2022.**
MDP Boss Fight Season 7 Starts: Battle Your Pets To Victory And Earn Rewards.
Boss Fight season 6 just ended but MyDefiPet don't want to waste more time just to start a new season and immediately offer to players the season 7 of Boss Fight for every player's pets to battle together with other pets and defeat the Boss monsters together and earn massive rewards from for every damage your pets dealt.
This season will have an even different approach in the battlefield because this season, for every bosses defeated, a new level of Bosses will be much more difficult with high hitpoints and a very painful attacks - make sure to position your pets and deploy a counter pet to the Boss' element for you to deal more damage and get more Elixirs from it.
Trying My New Pets In The Battlefield.
When I received my $DPET rewards from the last season, I used all of it for hatching new pets, evolving my pets and breeding pets for me to grow my inventory and make my account stronger slowly. I'm still planning to use my future rewards in evolving, hatching or breeding new pets as a preparation for the coming release of the Arena.
Just when the Boss Fight season 7 started, the very first pet I deployed was my Winged Pupper, the pet that was bred from my lvl 19 Spike and lvl 10 Ao Shun... I have an speculation that I had this Winged Pupper because my lvl 19 Spike was the dominant pet and has a wind element. I don't really know how breeding works!
I was very excited to try out this new pet of mine and to see how good will it perform in the battlefield. I was pretty sure that it can give good amount of damage since it has high hitpoints that can take more damaged from the Boss monster and faster attack speed with a considerable damage that it has for the Boss. And after trying it out, I was very glad for the result as it dealt almost the same with my expectations.
My Winged Pupper dealt 3,765 damaged to the Boss and it exceeded my expectations that it can only deal just over 2,500 damage. I am so much amazed with the performance it gave and I'm so eager to see how much more it can give or how good it can be even more when it reach to level 20. Right now my Winged Pupper is at level 20, I'm planning to level him up to level 20 as fast as possible. However, leveling up your pets is not that easy because the higher the level of pet is, the more foods it needs to take him up to the next level.
After deploying my Winged Pupper and given me a good performance, the second pet I am excited to battle was newly evolved Ao Shun... My beautiful Ao Shun!
I intentionally made him my second candidate to be in the battlefield because I am so excited to see the difference of his performance from the last Boss Fight.
I was a fun of deploying him even though he was still at level 10 because spending foods as fee for him to join in the battlefield was even more worthy compared to my other level 10 pets that was only wasting my foods but only gave little damage and little Elixir rewards.
Just when the first level of Bosses was about to end, I was lucky enough that my Ao Shun was able to give damage to the Boss... And it was indeed better that what it was during the last season.
During season 6 of the Boss Fight, my level 10 Ao Shun was only dealing around 300-400 damage and around 100 damaged when wounded. But right now, as an evolved level 11 Ao Shun were dealing almost 5x damage than before. It dealt nearly 2,000 damage to the Boss... How much more if I had level it up even if just at level 15. It is only a low level evolved pet yet my Ao Shun can be so hot in the battlefield. Not talking about its hitpoints that can be a lot more stronger when upgraded.
Two Pets For Level 1 Boss.
For the first level of the Boss Fight, I am more than satisfied how my pets performed and they were so much worthy of my farm foods. With just the two of them, I gained a considerable amount Elixirs for the first level of the new season... And haven't used my stronger pets yet.
This 567 Elixir is worth 0.567 $DPET tokens already, a good amount to get with just my low level pets. As I am making this article, at 7:36 PM of March 10, 2022, the new level of Boss monster will appear at 8:00 PM and I am ready to deploy my stronger pets and see how much Elixirs I can get from them. Hopefully the element of the new Boss is a weak element and my pet's elements is a counter to the Boss'. Let's take our pets to the battlefield and earn those Elixir rewards.
*Image from the game itself.*
Getting ready for the Arena: Buying, breeding and evolving pets and slowly building my line up.
Today, March 08, 2022, the MyDefiPet team has sent the rewards to all players that joined and battled their pets during the Boss Fight season 6, which was earlier than expected because it was announced that sending the Boss Fight rewards should be on March 09, 2022. All players in the Binance Smartchain have received their rewards already and Kardiachain users will also receive their rewards anytime soon according to the official posts of MyDefiPet's social medias.
While waiting for the date for sending the rewards, I was already planning on how should I spent my $DPET tokens that I will receive from playing the game because I know for sure that the dollar value of the $DPET tokens I will receive will be very much lower because currently, $DPET token is on a downtrend and losing so much value for how many months by now. From a price of around $10 from its peak, it is now around $0.30 per $DPET token and selling during that price range is a very bad idea for me when I know that the game has still so much potential.
Since I don't want to sell my $DPET tokens, I have decided to use it in many ways as possible. I was planning on buying egg to hatch new pet and add it on my inventory, breed pets and evolve the pets I like to evolve and which I think will be stronger when it is maxed out in levels.
Breeding and evolving my Winged Pupper.
After receiving the rewards from the Boss Fight season 6, the best thing I did was breeding my level 19 Spike, my first breed 1 pet, and my level 10 Ao Shun. I think I did a huge mistake here because I should have evolved first my Ao Shun before using it to breed. However, I still love the outcome of breeding this two because I love the stats of the new breed Winged Pupper:
It has high HP which could last longer in the battle.
High damage number for the opponents to receive.
High critical damage that can multiply the base damage.
Attack speed is great because it has 93 SPD which is considered as one of the highest number for attack speed in the game.
Aside from the great stats, it will also give me a lot of silver coins every hour, which I badly needed to plant more foods and so I can level up more pets with those foods. With this great stats of my Winged Pupper, I don't know if I should make it as a front liner because it has great hitpoints or a long-range attacker since it has great damage and a very fast attack speed. I guess I will see how amazing it can be when PvP and arena is fully live.
Hatching new eggs and evolving Ao Shun.
Before I received the rewards from the recently concluded Boss Fight season 6, I still have 2.6 $DPET tokens left that I got from Boss Fight season 5. I didn't do anything with it because hatching an egg in the game requires 3 $DPET tokens and and when I receive my $DPET tokens from season 6, I immediately hatched a new egg which gave me a beautiful Ao Shun.
After hatching an Ao Shun, I halted from doing anything to my remaining $DPET tokens for many hours to think what should I do next. Instead, I just upgraded my Ao Shun to level 10 first. And even if it was still on level 10, I used it to breed with my level 19 Spike which gave me my Winged Pupper. After breeding, I realized my mistake that I should have evolved my Ao Shun first to have more chance to breed a new and even stronger pet. But it is what is, it was already done and I just moved on.
After realizing my mistake, I have decided to evolve my Ao Shun so I can probably use it again to breed more pets in the future. Evolving my Ao Shun is very beautiful in my eyes even though it doesn't have an aura or even have a better rarity. The important thing is that they have a strong stats and could be more powerful when I started making spirits and equipped it to them.
Final say.
Right now I have 11 pets that's on my inventory. I should have 12 or even 13 pets by now if only the game gave me back my pets that was stuck during the first season of Boss Fight. I believe it can still be fixed, it's just that the team is busy developing the Arena for great Play-To-Earn experience. MyDefiPet is a very great game and I know for sure that this game will reach its true potential and deliver to the players the real fun, addictive, enjoyable and sustainable Play-To-Earn gaming experience.
Beginner's investing mistakes: Losing more than $500 in 2021 from this DEX token.
I first learned about cryptocurrencies in mid 2017 and as a newbie, I don't really know how things work in the space. One thing that made me drag into it is knowing that there are lots of opportunities and people can grab free cryptocurrencies from different platforms like crypto faucets and crypto apps and you can convert it to physical cash.
And because I was still new in the space and didn't have money for investing, I just patiently get free cryptocurrencies from playing and watching ads in sites and many apps. But along the way, I also tried to learn more and deeper what cryptocurrency are about and fortunately I managed to learn some things and some basic information.
Fast forward in 2020, I focused to learn more about cryptocurrency and during the first quarter of 2021, I managed to have a very great amount of of money from different sites, more especially from airdrops where I got over $4,000. The year 2021 was a great year for the cryptocurrency market as we experienced the bull market and because I thought that I learned enough from the space, I became so careless when it comes to my portfolio. During 2021, I invested so much in decentralized exchanges and I will share those experiences on how I lost almost $1,000 from it.
JulSwap the BSC Dex Gem.
*Image source from google.* https://www.google.com/search?q=JulSwap&client=ms-android-oppo-rev1&biw=424&bih=762&tbm=isch&prmd=nvbi&sxsrf=APq-WBu92lp2ruINJv9ub6OPOw8llZaYwQ:1646647759162&source=lnms&sa=X&ved=0ahUKEwik0YT24LP2AhVCyYsBHZmAB_wQ_AUIGSgE#imgrc=NUvi6Po_1ov6FM
JulSwap is a forked decentralized exchange or DEX from Pancakeswap and it aims to overtake Pancakeswap to be the number 1 DEX in the Binance Smartchain.
JulSwap had a great launched and many people saw a potential in the project. The project got a lot of attentions when they introduced their token $JulD through an airdrop for $JUL holders, $JUL token was the governance token of JulSwap, and referral airdrop contest. JulSwap onboarded a lot of people from it and gained the attentions of traders and influencers.
Because of the strategy, $JulD token skyrocketed from less than $0.001 as initial price to its all-time high of around $0.75. With the hype around it, and positive feedbacks from its community that once $JulD is listed to Binance Exchange, its price could skyrocket even more and will eventually pass $1.00.
As a newbie, thinking that I was wise enough, I waited for a little dip of the $JulD token and put exactly $250 on it. Yes, my initial buy was $250 at a price of around $0.50 per $JulD token. I was feeling so proud at that time thinking I made a great decision and had one of most potential project in my portfolio.
Weeks goes by, the price of $JulD token dropped even more and reaches $0.30 per token but I didn't panicked. Instead, I saw it as an opportunity to buy more at cheaper price so I spent $150 more. And again, I felt so proud of buying its cheap price for being in the dip.
Weeks had passed again and I saw not so much movements from the price of $JulD but I still composed myself and exerted more patience. So I just went to JulSwap telegram group and at the time I visited the community it was still neutral. The community are neutral, FUDs were handled and invested people were patiently waiting for goods news.
But as time goes by, more and more FUDs and bad news are coming out from the community. Because of the negative things circulating in the community of JulSwap, people were panicking and it impacted the price of $JulD that it went down to less than $0.1 per token. People who are hyped and invested during the peak of $JulD were already down -90% and those people even created more negative aura in the community saying that the CEO and the team behind the project were very inconsistent and so slow when it comes to project's development.
And once again, because I still believe in the project, but not the same as before, I just spent $100 again to buy another dip of $JulD. Because I started feeling uncertainty about the project, I tried to research more deeper and I went to different social platforms and there I learned about the background of JulSwap's CEO Toby Graf. There were so many accusations from the man for being connected to different scams and some information were greatly stated with resources.
Because of what I knew, I was planning to take what was left from my investment on $JulD and decided to get it out once one good pump in price happens. Few days had passed and the team of JulSwap were very active in the community announcing that a massive announcement will be made that could bring positivity in the. And as a newbie, I was hyped again and even when the priced skyrocketed to over +100% from the dip, I didn't sell but instead waited for another dip to buy more because I thought it was a sign of reversal for the token's price. And so when dropped again, I bought another $100 worth of $JulD.
But days, weeks and months passed, there were no positive announcement happened and instead because the investors were irritated once again, many good holders were dumping the project and massive selling were seen in the chart of $JulD. And as for me who also lost confidence in the project, I got out and sold my $JulD tokens that was only worth around $80. I lost so much money from it with an investment of around $600 but only got out with more than -90% loss.
Right now, $JulD's price is only less than $0.02... and people who invested at $0.7 and hold their tokens until now are at a massive losses. That was one of worst investment people could experience in the cryptocurrency space.
Image source: *Pixabay* https://pixabay.com/images/search/headache%20losses%20money%20chart/
End.
BitcoinCashPodcast Meme Competition: Win Up To $200 in Bitcoin Cash (BCH) With Your Meme.
I was scrolling down on different social medias and when I went to noise.cash, I landed on a post of Ms. Mishal about a meme Competition that is still currently running and accepting entries. I clicked the link that's on the post and I was redirected to a tweet of @BitcoinCashPodcast on Twitter (I believe this is the official read.cash account).
I noticed that having a huge and active community for Bitcoin Cash, there were only few participants that submitted their entries. And I plan on spreading the word about it so more people can be aware about the contest and let their creative minds works through this platform.
The $BCH Meme Competition.
The meme competition is pretty simple. BCP has compiled all the requirements to join and criteria for winning in a file and I will state the things needed as clear as possible.
The entry should be;
in Jpegs, PNGs or GIFs
with effort in Video editing if submitting a Video
Funny poems and/or comments.
The entry should be Bitcoin Cash related or with $BCH sense on it. The competition is widely open in any topics as long as Bitcoin Cash is somewhat related to it.
**Judging**
All the entries submitted will be reviewed and judged by two people from TheBitcoinCashPodcast - Jeremy and Luke. The judgement will be based on;
The humour the meme has.
How the meme promotes BCH's values like fast, decentralized and cheaper transaction fees.
If the meme could be trendy or viral in any social medias
Originality. Be sure it's your ideas.
How engaging the entry is.
The Deadline.
Be hurry! Today is **March 06, 2022** and the date that the competition will still accept entries is only until **March 10, 2022 till 11:59 PM.** Be sure to submit all your entries before the deadline to have the chance of winning. You only have 4 days left so better get on your entries and submit them.
Entries... and submit to where?
Well, the competition doesn't limit its participants with only 1 submission. Every participants can submit up to 3 entries. How cool is that? More entries chances, more chances of winning.
You can submit your entries in;
their noise.cash post of TheBitcoinCashPodcash in the comment section. https://noise.cash/post/1zxm2wwk
Telegram channel https://t.me/BitcoinCashPodcast
Lastly in their Twitter post https://twitter.com/TheBCHPodcast/status/1497678893477679104
Prizes For Winners.
With your creativity in this meme competition your could win the following;
First prize of 0.75 Bitcoin Cash
Second prize of 0.325 Bitcoin Cash
Third prize of 0.175 Bitcoin Cash.
Make sure to give your best in making your own meme and aim for that yummy 0.75 BCH that is currently worth around $200 which could worth a thousand in the future.
The results will be announced on March 11, 2022 so be sure to stay tune and give them an eye on their Twitter, telegram and YouTube account.
For full details, click the link about the competition: https://docs.google.com/document/d/1qv4vUcwf1RQh4YHcpUv2fhAY3gkktFj2sqC1v_7nx-8/mobilebasic?lsrp=1
My Entry.
*****My first entry had an Avengers: Endgame theme where Dr. Strange travels into the future for 24 million time searching the truth of the real "future". And no matter where he go, there was only one color and it was inevitable.*****
I highly recommend @PVMihalache , @Ruffa, @Eybyoung , @Jane, @Jeaneth, @Yen , @Sergee01, @Crackers, @meitanteikudo , @Idksamad7869 , @Jopix404, @Glez all of the other #Club1BCH members and everyone who reads to take part in this competition and have the chance of winning.
MyDefiPet's full Play-To-Earn Arena experience is coming: Battle your pets against other players.
The community is ready. The community is hot. The community is excited. Those are just few words how the community/players of MyDefiPet are feeling right now after a great announcement and update in the game. Again, the team behind the game gave chills to every players and it was a very successful and clear announcement that made every players hyped and once again started playing and farming in the game as a preparation.
After ending a season in the Boss Fight event, MyDefiPet team announced that they will be having a build update in the game, some removals which was the theme of Chinese New Year and the hottest of that announcement is that battling your pets against other players are live and you can gain trophies from every win - whether in attack or defense.
I've been playing and battling my pets in the Arena since the new update to be frank, there lots of things needed to be add, improve or balance and things need to sort out in the Arena for a better in-game experience. So this article I compiled 3 things I noticed that is needed in the game for a better Arena experience.
Balance the matchmaking.
After a few matches in playing the Arena, I noticed that even though I have 11 pets with 4 of them are strong enough in the Arena, I've been matched with players who have max pets with outline aura. The worst case in this is that other players that you can against with have more pets, and if you have lesser pets, high chance that you will lose the battle.
In the battlefield, you can set up to 20 pets for attacking and 20 pets too when defending. The 20 slots for defending and attacking is a very bad number for a match. The team should make a change in this number and let players to battle a reasonable number of pets in the arena. If this feature won't change, it will heavily gave a bad impact for every players especially to those only have few pets and didn't maxed out the level yet of their pets.
Last thing about this concern is an AI-generated matchmaking when it comes to pet level. The game will not be balance for every match if players in the lower rank were to matched up with players with high level pets. In order for the game to have a great experience for players, balancing the match with almost equal levels of pets with give each players to have equal chance of winning the match.
Release the skills of pets.
The game should be enjoyed with skills and not just with pure luck and relying in the pet itself. This is currently one my biggest concern while playing the Arena. The battlefield right now is no difference in other click-to-earn games that they will just simply click the pets to deploy in battlefield and wait for the match results.
The team behind the game once announced that each pet will have their own unique skills and players are expecting it to be released before a full update and a Play-To-Earn Arena comes. This big inclusion will give each players a great time to strategize on how should they play their pets in the battlefield. If this happens and will be released in the full update for Arena, then probably players will enjoy fighting in the Arena without only relying to their pets but also with their skills on how to defeat their opponents.
Elixirs for every win.
Whether it is on attacking or on defense, players would love to receive a little amount of rewards for every match up of their line up. Elixirs, the secondary currency of MyDefiPet that is only available inside the game, though doesn't have an specific value, are what players are aiming to have. No matter if the amount of Elixirs that will be given, if this possible to get for every win and not just rewards after every season, players will really invest a lot of time in the game harnessing their skills and making their pets stronger.
Final say.
The Arena Mode is not yet on its full launch and players playing in the Arena are only getting trophies for every win, for now. The team mentioned that a Play-To-Earn in the Arena will be released in the next update but no time were given. Personally, 2 months is already a long time for the release and I am expecting the full launch in lesser than 2 months. When that moment come, a lot of things will change in the MyDefiPet multiverse.
Weekend plans: Slowly settling the necessary things to do.
The first week of the month of March would mean to me and my classmates that a lot of things are needed to be done and passed the works because we are already running out of time. We are so behind already that there is this one major subject that still didn't gave us grades because we still need to present a major work - and that is Thesis. I mentioned "so behind" simply because we are now supposed to be a busy graduating/OJT students but our time that were supposed to be used compiling the requirements were taken by our Thesis.
And on my side, as a student, I also have a lot of things needed to do while being problematic with our Thesis for me to finally graduate and finished college. So I made this article/blog to list down things I need to do this weekend and also for the next coming weeks.
Finalizing my Certificate of Grades.
Since the first week of 2022, on January, the very first thing I did was to plan on how am I supposed to get all my missing grades from different teachers. Compiling those missing grades were very hard because most of my teachers were not available in the school during my visit and I was forced to visit them in their own house one by one.
The whole month of January and two weeks in February were my busy days because I needed to com back to school almost everyday to check if they are available in the faculty office. Some teachers were there but it wasn't that easy asking for grades because I admittedly lacked activities and they require me to pass it before they will give me the grade I deserve. And with that, it took me a day or two finishing the activities, with the help of my classmates, then after passing the activities I went to the teacher to finally receive my grade.
The hardest part of this mission were the times that I need to visit the teacher in their houses, travel back and forth and spending so much money for my transportation. As a normal student, and with the transportation fees keeps getting expensive, it was really painful in the pocket because I was saving as much as I can.
But for almost two months of settling those grades, going to school almost everyday, spending money on transportation, exhausting activities, I finally got 11 out 12 grades that were missing in my SIAS account (a system where students can check all their school records). And now I only have one minor problem - my P.E. grade in my first year.
I messaged my P.E teacher in first year and asked her if she is available to meet in the faculty in next coming days, fortunately she was kind and messaged me back saying that she is available in the morning and I thanked her for that.
On the next day, I went to our University and looked for her and told her about my concern. She listened to me quietly and gave me a kind look. After telling my concern, she just said to personally message her on Facebook so that she can give me the activities and after that she will give me the grade I deserve. Unfortunately, after messaging her again, she still didn't give me a response and I understand it because I know she is a very busy woman doing school works and her zumba lessons. That's why next week, on Monday, I will personally meet her again for the activities because I don't want to annoy her for messaging so much.
Finalizing our Thesis for our Final Defense.
As I am making this blog/article, I am currently on my boarding house together with my 3 classmates to do and edit our Thesis work. We just had our Thesis defense two weeks ago and we are very fortunate that our work was acceptable with only few things need to rework. The panel of judges for our Thesis didn't gave us bad comments for our Thesis project and we didn't have a hard time presenting it to them.
Our final defense were scheduled this month of March but our teacher didn't gave us an specific date on when will it be and now we feel like being hurried when the teacher said that anytime this month our final defense will take place so we better hurry. Next week, we will interview some business establishments here in our area (Naval, Biliran) so we can proceed to other things we need to do.
Conclusion.
Being a graduating student is really exhausting. And other than that is that it is very expensive. I have spent so much money out from my own pocket because I don't want to ask money from my parents anymore. I know this difficulties are just temporary and will pass eventually. I just need to be more persevere and time will come for our graduation.
Lead image from *Pixabay*. https://pixabay.com/photos/school-work-write-still-life-851328/
MyDefiPet Boss Fight Season 5 Ends. A Journey To Stronger Pets.
March 03, 2022.
Today marks the end of another Boss Fight Season in MyDefiPet's space and pretty sure the game is slowly getting more enjoyable than what it was in the last months. Five seasons had passed and many players are already profiting so much from the game with just The Boss Fight event and in the coming weeks there will be more updates from the game. Hopefully a new announcement or news for their PVP Arena, new Play-To-Earn features and updates about the pets will come. It is taking a very long time for the game to release them but pretty sure it was all for the long term sustainability of the game.
A Journey This Season.
I have been in the MyDefiPet space since June 2021, I invested into it but unlike other players, I bought $DPET tokens at a very low price and hatched 8 eggs that gave me 8 not-so-lovely pets. I evolved 2 of them which is Bugsy and Spike and breed them. The breeding resulted in giving me another Spike pet which is currently my strongest pet in the inventory and currently it is on level 19 - 1 more level to max level.
Even though I have been in the game for a very long time, I only started joining the Boss Fight on season 4 when no BNB fees are required for your pets to join the battle. I started playing my account frequently and fortunately gained almost 5 $DPET tokens even though I joined too late.
After season 4, I got my $DPET tokens and decided to hatched another egg and I was little bit lucky for hatching Ao Shun. It can be a strong pet if I evolve it but I'm on a dilemma whether I will use my rewards this season 5 to hatched another egg, use it to breed pets or evolve my Ao Shun.
Even though I was very active this season in joining the battle to defeat the Bosses, I was still a little unfortunate because most of the Bosses that needs to be defeated was a counter element to my pet's elements, especially to my strong pets. Another thing is that my pets produced lesser silver coins - silver coins are needed to plant Foods and Foods are needed for you to deploy your pets in the battlefield and join other pets to defeat the Boss monsters.
I am only getting 10,000 silver coins for my pet Spike and other pets only produced not more than 6,000 silver coins every 10 hours. This is because my pet cage was not upgraded yet, and this is because upgrading cages are very expensive and I needed those silver coins to first plant Foods for the Boss Fight.
It has been 15 days, which is the duration for every season, and battling in the Boss Fight is still fun for me. Even though I was active in the battlefield, I only managed to get 4.6 $DPET tokens for this season. It could have been more if my pets is a counter elements to the Boss' and if my other pets were evolve as it will give 6x more and HP that could last longer in the battlefield.
I really envy those people who are in the top leaderboard because they getting so much tokens in the game because they have strong pets that can give huge damage to the Boss. They are getting a lot of Elixirs for damaging the Boss and they will also get hundreds and thousands of $DPET tokens at the end of every season if they managed to stay in their rank.
Final Say.
Playing MyDefiPet is very fun if you really take a deeper look in its potential. Currently, I only have 10 pets and planning to add more in the future, but I won't be using my own money rather for every $DPET tokens I get in the game will be used to buy eggs/pets, for breeding and evolving pets. It might take me a long time to get more pets in the game but I don't really mind as I am enjoying the game, I am also making my account stronger and hopefully positive earnings is on the way.
Blockchain games: 3 reasons why NFT games can't sustain for a long time.
We have seen huge and positive growth in the crypto space for Play-To-Earn, NFT and blockchain gaming over the past 8 months and from June 2021 up to this date, March 2022, we keep on seeing new Play-To-Earn NFT games emerge, develops as well as failed projects. Ever since the hype of blockchain gaming, there were thousands of NFT gaming projects that were offered to players or investors but unfortunately most of those projects fails because of these reasons - rugpull or scam and the economy was bad.
The term "rugpull" was originally recognized in the BNB Chain (formerly Binance Smartchain) where the developers of a project under the chain pull out the Liquidity of the token dragging the price make it to zero or no value. But this article will be about the sustainability of the NFT projects on where those once successful projects failed that was a bad move for its economy and sustainability.
Sustainability in the game is important.
It's been over 8 months since the new trend in crypto was realized by people and saw the potential of NFTs and Play-To-Earn gaming and with that, we also saw thousands of different NFT projects, especially in the gaming section, emerged and promised people (players and investors) a very rewarding and enjoyable game.
Those early projects were seen to be a really successful one when they were giving out players so much rewards and with that news, people were excited to try the game, invest on it and hoping for the same huge income like what early players were telling. Unfortunately, the developers of those projects didn't realized early the bad impact of its economy, many players were just cashing out huge amount of money from the game, depleted the reward pool of the game making the economy of them down and lost its sustainability.
The 3 main reasons why the game can't sustain.
Most NFT games failed for many reasons no matter how they develop their game. And here are 3 of the most known reasons that people have witnessed in the NFT gaming space.
**1. The use cases of the token.**
The law of supply and demand should be the most important thing a developers of the project must know if they seek long term and sustainable economy for the their game. No matter how good the game is, if there is no demand for the token to be used, that token will eventually lose value in its prices.
During 8 months of hype in Play-To-Earn gaming, it was really noticeable that most of the project's token were only used to buy the NFTs in the game then players of spend on it will just wait for its return of investments, and when players got his ROI, they will just keep on crashing they price of the token that they got from the game. No or not enough use cases can make the project's token's value over time because players will just eventually keep on selling the tokens players get without any or enough burning mechanisms to save the chart.
Most projects were too focused in the game itself, developing and making it beautiful in the eyes of players without realizing deep enough the economy and problems they could face if they don't offer a sustainable game. These kind of projects were really meant to shutdown in the first place and only early players have the chance to get money in the game.
**2. Mishandling the growth of user-base.**
A great developers of the project must know and realized that they have the potential to be a successful project and they should be ready when that time comes. If their user base is growing, they should be more transparent with users.
The growth in players could also mean a growth in price of the project's token but also a meaning that more people or players that will eventually dump their earned tokens from playing.
If you know Axie Infinity and Cryptoblades, the two were once the top 1 NFT games in Ethereum chain and BNB Chain respectively, they were a very good example for this topic. Mishandling the possible outcome for having an increasing players could make the price of token go down heavily in just a few weeks.
Cryptoblades, the once number 1 game in BNBChain, didn't expect that the price of their token will jump to 100x because of the adoption of many players, and when the hype fades off, it dropped more 90% making players who invested during the peak lossing so much money and didn't get their return of investment yet.
**3. Unlimited tokens minted and sold by developers. (Bonus)**
It's not really bad for a project to have unlimited supply in their token's tokenomics. In fact, the top 2 in the crypto rank, Ethereum has an infinite supply but it has reached a good market capitalization.
But in the case of NFT gaming, tokens with unlimited supply really is a red flag for the future and sustainability of the game especially the developers were anonymous and showing less transparency. If you ever come across this kind of tokenomics, it's better to research and learn about it deeply to avoid future losses.
**Final say.**
As of today, there are still many potential NFT projects out there in the crypto space and all we need is to research about them. Manage the risk when getting into that game and accepting that there is a gamble there could make you move wiser along the way in this journey in investing.
Image from *Pixabay*. https://pixabay.com/photos/controller-video-games-gaming-2618897/
Top 3 tips for better investing. Avoid losing money as much as you can in cryptocurrency.
Cryptocurrency are here to stay and you need to stay in the game until you reach its full potential in the future. The crypto market has gone through a lot of ups and downs, adoptions, FUDs (fear, uncertainties & doubts) and since its foundations from more than a decade that had passed, it is still here continuing to grow and reaching its main goal - decentralization.
The market has two sides - the bear and the bull. Most people take advantage from it and gaining profits from their investments no matter which is the situation. However, lots of people are also losing money because of lack of discipline to their selves and most people who experienced this were people who thought that they already mastered the market or simply newbie who thinks they learned enough. This article will be about how to invest the better way to avoid losses in a much possible way.
Always think for the long-term outcome.
This is a very simple yet a very hard recommendation to follow for everyone especially for every new people in the space that expect cryptocurrency investing will give them 100% return in just a day, weeks or months.
Many people can easily have a cold heart when the coin or token they bought dropped so much in value and they are having huge paper losses in their portfolio. When they saw a huge drop in their assets, uncertainties comes in their mind thinking that it will be the end and they need to pull it out to save their investments. This could work if you are only doing degen trading but not recommending if you are for the long term.
If you thought of a safest way for investing, then unfortunately there is no such thing in this space. But you can always lessen the risk of losing if you know what you are investing in to like picking up a coin that's on the top 100 coin in market cap. It is not an assurance that it will not lose it it's value but it has high probabilities that in the long run it will give you good returns.
Stop buying it all in one basket - diversify!
One mindset of people is that if they put all their money in one coin and it pumped so hard, they will gain huge returns in just one investments. This could be possible but a huge mistake if you don't know the risk.
Whenever you have put all of your money in one asset and that asset dropped in value, then you won't have other assets that could save your portfolio simply because you don't have other assets in your portfolio.
The importance of diversification is to avoid losing huge investment value in one asset where your other asset in your portfolio can save it if that other asset is performing well whatever the situation is in the market.
Example:
You put $1,000.00 in Bitcoin and also $1,000.00 in Ethereum. Bad time come and Bitcoin losses -20% of it's value and your investment in Bitcoin also losses -20%. Which mean you only now have $800 paper value in Bitcoin. However, amidst market condition, Ethereum was doing and performing well and was up by +30% since you bought it. And with that, your $1,000 investment in Ethereum is now at $1,300.00 which saved your investment in Bitcoin because you diversified your money.
Avoid degen, meme coin and obvious rugpull projects.
Investing in meme coin is not really that bad if you are lucky enough to spot a good meme projects. Like it's called, it is a meme project and it can't sustain or stay for a long time.
But if you thought that you are lucky with this kind of investments, then try a very small amount only and put it there, wait for sometime and see for yourself if you got the jackpot project. And if you ever got into it, then your small amount could go over 100x or even 1,000x -- if you are lucky.
But this kind of investing is not recommendable because losing money from it has higher chance of occuring than winning from it. Most of that projects could be a honey pot (you can't sell it), slow rug (devs minting tokens and sell it) or just a rugpull project (Liquidity removed).
Final say.
Investing is not that easy as you think especially if we are risking our own money that we thought could save our future. Whether you are a newbie in cryptocurrency or have been around in the space for quite a long time, you should always research what you are getting into. Learn about what's happening in the space, learn about the project and lastly manage the risk you are taking.
*Image from* *Pixabay**.* https://pixabay.com/vectors/chart-arrow-businessman-stock-6164414/
Don't just pray for Ukraine. Pray for Russia too.
The United States of America, China, United Kingdom, Germany and Russia are just few of the strongest countries in the world in terms of military capacity. There is no strong and specific identification of who really is on top of everyone as each of them has the probability of destroying each other with just a single click with their fingers.
As to this day, while the whole world is fighting the deadly decease of corona virus, a war took place in Ukraine that saddens most people around the world when they heard the news. Ukraine, the largest country in Europe next to Russia has been experiencing invasions from Russia itself for the goal to take over Ukraine again and stop it from joining NATO, which Russian President Vladimir Putin saw as a threat for its nation.
***What is NATO?***
*North Atlantic Treaty Organization or NATO is an alliances between 30 countries - 28 in the European countries and 2 from the North American countries. The alliance was established after the World War II and a treaty that promised that it will support each other when one NATO member/country invaded by an enemy.*
The Ukrainian government has already declared its independence away from Russia and asked all 30 leaders in NATO if they can join the alliance a year ago, unfortunately, according to the Ukraine President Volodymr Zelenskyy, none of them answer the question but rather answered that the NATO will give them any support when war happens in the country but won't send any troops to help defend Ukraine from invasion.
Russia Vs. Ukraine - Invade and defend.
According to statistics and rankings, Russia being in the top 5 strongest country in the world obviously has the advantage over Ukraine that only sits at #27 in the world ranking. But with these ranking, It doesn't mean that Ukraine can't give a fight when an all-out war happens between the two.
Ukraine is all alone in this fight. They've got nothing to support them defend their country. Ukraine President asks help from US and NATO but they were responded that US has nothing to do to help them and NATO can't help them simply because Ukraine is not part of NATO alliance. People all over the world sending prayers to Ukraine to get over this circumstance.
Praying for Russia to stop the war.
People around the world, and it is also all over in different social medias tweeting and posting with a hashtag "#PrayForUkraine". This is one way to tell that we care for what really is happening right now but I personally think that this is somewhat wrong.
Telling everyone to pray for Ukraine is like telling everyone to pray that Ukraine will win the war against Russia with many casualties - destroyed buildings, losing innocent lives and killing many soldiers. We don't need that!
Russia is capable of taking over Ukraine if no negotiations is considered. It even threatened other countries who plans to interfer the current situation that they will experience bad consequences that didn't experienced before if they do so. Russia is powerful. Russia can be unstoppable. And Russia is capable of starting a World War 3 and trash all the peace we have been keeping for a lot of years.
A new world war can happen anytime if any countries not associated with Ukraine intefer - and that will destroy the balance and peace of every governments in the world.
Final Say.
Many countries really want to help Ukraine but doesn't want to take the risks of stepping into a new World War. Russia has the lawful rights to do the steps it has taken. Other countries likely thoughts of it's better to sacrifice one nation in order to maintain the peace with other nations. Right now, all we can do is pray for both countries to negotiate it over to stop losing more lives and maintain peace and possibly stop the possibility of World War III.
Image from *Hindutimes.* https://www.google.com/imgres?imgurl=https%3A%2F%2Fimages.hindustantimes.com%2Fimg%2F2021%2F09%2F11%2F1600x900%2Frussia-ukraine_1631326931543_1631326945675.jpg&imgrefurl=https%3A%2F%2Fwww.hindustantimes.com%2Fworld-news%2Fukraine-says-all-out-war-with-russia-is-a-possibility-101631324971098.html&tbnid=to7CA0fe1GrmOM&vet=1&docid=qsr3wsPsp_E4FM&w=1600&h=900&source=sh%2Fx%2Fim
MyDefiPet and Cryptoblades: What are they and their future in the Metaverse space.
Ever since the name NFT, blockchain gaming, Play-To-Earn and Metaverse gathered a lot of attentions during the 3rd and last quarter of 2021, thousands of NFT games or projects have been developed almost, if not everyday, and lots of numbers of those projects reached its success but most of those projects have failed miserably and leave its players and investors for some reasons like bad economy for sustainability, transparency and bad development.
This article will be about my top 3 Play-To-Earn games that has been continuing to work even during the ups and downs of the project. These projects still exist and the team behind it still continues to reach the success of the project while new emerging projects just keep on failing. These NFT games are MyDefiPet, Cryptoblades and CoinRacer.
MyDefiPet - On Par With Axie Infinity's Gaming Experience.
Personally, MyDefiPet is literally the Blockchain Game that I can say on par with Axie Infinity which could definitely outmatched it when all features of the game is fully implemented and available for players to play and earn.
The game is a "lifestyle-based" pet blockchain game where players buy an egg and hatch it to have an own pet or just buy it in the marketplace. Players need to evolve and level up their pet to the maximum level in order to battle other players and win rewards from battling.
Currently, the only P2E mode of the game is through The Boss Fight they last for 15 days every season. Players can deploy their pet, evolved or not, in the battlefield together with other pets and join force to defeat the Boss Monsters. Everytime the pets finished attacking the Boss, the players will be rewarded with Elixir (In-game currently) that players can changed into $DPET token (main token). The rewards of Elixir depends on the stat of pets, the more damaged it can give the more Elixir you can get. That's why level up your pet to the limit.
Cryptoblades - Battle To Success!
Most people know what Cryptoblades is, who would not? Cryptoblades was once the number 1 NFT game in the Binance Smartchain where 50% of the chain's transactions came from the game.
The game requires players to have a Knight-like NFT to go into battle and a Sword NFT to use in the battle. It is recommended to level their NFTs along the way because the higher the levels of NFTs mean higher rewards. Everyday, the players can battle their NFTs up to 5 times and every wins will reward them with $SKILL tokens. However, every transactions in the game requires a fee from buying NFTs, listing NFTs in the marketplace, battling, leveling up NFTs and even withdrawing your earns tokens. The game is available in different chains like BSC, Houbi chain, OKEX and more and personally recommended to play the game in Houbi because the fee there is like nothing.
Are They Worth It?
These two games have been working continuously despite the negative feedbacks of its community for a couple of months now.
MyDefiPet was criticized for not releasing its main Play-To-Earn feature, the Arena, without knowing that the team have been planning thoroughly for the game's economy and for players sustainable gaming experience.
Cryptoblades was talked a lot of bad things because the team didn't anticipate the possible outcome for not realizing the mistake in their economy. The team admitted the mistake and were sorry but keeps on working up to this date to keep the game running and make it more sustainable in the near future.
Last Say And Little Intro.
It's been more than a month since I plan on writing in this account because of some problems. If new people came till to the end of this article then I will be very glad.
@Jane @Eybyoung @Ruffa @Yen @bheng620 @Sergee0213 @Jeaneth Hello #ClubBCH ladies.
@Cryptlook
