Investing in STARBITS - 10 Million tokens and counting - My Strategy for $STARBITS Ahead...
Hey All,
Recently, I have started to accumulate as many $STARBITS token from the market. Incase if you are not aware about this token and its utility then let me tell you that the token is the in game currency for the game RisingStar. It also has another token which is $STARPRO - which also the token of the game but its very scare and has is received mainly by burning $STARBITS. As of writing this post here is the snippet to the both tokens circulation supply::
Token Name | Supply (Circulating / Total / Max |
---|---|
StarBits | 2731157237 2732685297 / 1000000000000 |
Rising Star Promoter | 71893.22 / 100000.00 / 500000.00 |
The game RisingStar is built on HIVE Blockchain and is a browser-based music career simulator reminiscent of the old flash player glory days. New players start out as a lowly Busker trying to earn a living playing tunes wherever they can and complete different missions to earn STARBITS - so complete missions and you can easily earn some STARBITS tokens. I have been part of the game for years now and thankfully happy with all the investment made and the different NFTs that I HODL in the game. Most of the NFTs in the game has become rare and are being sold for hundreds of $HIVE. As an example, take the XPRO pro cards, which helps you to level up in game and if you plan to buy an 100XP card it is gonna cost you a minimum of 300+ $HIVE.
The supply of the card is also shrink as you can see they are only 100 in the game and has been stop printing as well. So you can imagine the worth of all the NTFs which are OLD and were printed when the game was launched. Now lets have a look at my strategy for $STARBITs and where I stand in terms of having these tokens..
As you can see, I have almost 10 Million $STARBITS tokens, short 53K tokens here. Dollar value of these tokens is not that much under a hundred dollars you can get these many tokens. But what I see is that the demand for $STARPRO tokens is rising as we need these tokens to blend NFTs. Hence you need to burn $STAREBITS by doing the "Music Promoter" mission to get $STARPRO and this token is having a scarcity where only less than 100 $STARPRO gets printed in a day and is basically based on the number to $STARBITS burnt. If the number is less then $STARPRO distributed is also LESS.
Percentage of the 100 STARPRO maximum pool payout that will currently be sent. This is based on the percentage of STARBITS out of 100,000 that have been spent by promoters.
My plan ahead is that I would like to double my stake here in $STARBITS. I am looking for 20+ Million tokens here and how do I achieve this target? The plan is to leverage some of my passive income here on HIVE Blockchain to be redirected in buying $STARBITS. I see a huge potential here, just imagine if we have a staking functionality enabled in the game to reward players in $STARPRO we would me Millions of $STARBITS redirected in the staking pool. For now I am focusing in buying unique cards and selling swapping some cards to accumulate as many STRATBITS tokens I can..hopefully should be able to achieve my target of 20+ Million $STARBITS pretty soon.... cheers
Have Your Say on StarBits & STARPRO...
Do you HODL STARBITS or STARPRO tokens or bought it for cheap? What is your strategy looking like for both the tokens? What are your views in general for STARBIT & STARPRO? Let me know your thoughts in the comment box below... cheers
Investing in STARBITS - 10 Million tokens and counting - My Strategy for $STARBITS Ahead....
#starbits #starpro #hivegames #risingstar #music #musiccareer #nft #nftgames
Best Regards
Image Credits:: risingstar, hive-engine,
Posted Using LeoFinance Alpha
DYO before going to acummulate worthless tokens
https://leofinance.io/threads/view/alokkumar121/re-leothreads-2yqcgj5qd
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When you have a strategy and you believe in the possibility of making a huge return. Have fun doubling it!
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