Hello readers,
For the last couple of days, I have been seeing posts about an upcoming project named HoloZing which is an upcoming web3 game in hive. Now, as an old crypto gamer myself, I always have a special space in mind for play2earn games, especially if it is made in hive blockchain. So today, I went to look out for this project and in this post, I will talk about my first experience and thoughts.
First of all, as I started to read the Whitepaper, I really got very excited when I saw that @acidyo, one of the well-known personas in the hive and the founder of OCD (Original Content Decentralisation) and POSH (Proof Of Sharing) projects on the hive is behind the making of this game, which suddenly sparked even more interest in me.
The second thing that really caught my eye is that this won't be an idle game where generally we only do clicks and nothing else, Instead, it will be a full-fledged interactive and enjoyable game and this project takes inspiration from the world-famous web2 Pokémon game. The game will include monster catching, training and battling with them like we used to see in the Pokémon game or in World of Warcraft. Now, let’s look at the key features of this upcoming game as stated in its whitepaper.
Overview
- Unlike many other card-based games, players will not only brainstorm before the battle but have to make decisions during mid-battle as well, which certainly increases the interaction throughout the battle hence making it more enjoyable. To make a successful game, I think that first of all, the game should be addictive - which should force our minds to come back sooner next time and this project has such promises.
- As it will be a web3 game with a play2earn feature that enables its players to earn real money, The game’s economy should be made solid with security. The economy of Holozing and its assets are backed by the robust Hive blockchain and ecosystem and will support both the play2earn and play2own mechanisms. It also means that not only can we earn by simply playing this game, but we will also get assets with monetary value from playing the game.
- Another important thing that I do not usually see in other crypto-based games, this game will not share any assets with its team, will not have a founder’s share and no availability of pre-mine. I have seen first hand many projects whose economy got badly hurt or dumped overnight because of these things and the team behind this game well understood the fact as well.
About the game
Ok so now, let’s talk about the game itself before this post starts to get boring.
- The game is set in a world in 2040, a futuristic world where game networks are globally spread and have become mainstream with amazing features like digitized reality (an advanced form Of Virtual reality or Augmented Reality?) Here the players will play as futuristic gamers and will have proprietary Holo-Lens (like Pokeballs and Pokestat?) devices to access the game and will duel with other players in real life to gain fame and glory in the global esports world and much more! Doesn’t that sound too interesting?
- The game will also have healing and HP management as a central part of the PvE game element which I think is also inspired by the Pokémon game where after using a Pokémon in battle, we have to let it rest. It already sounds realistic and a time-consuming process to develop in game progression of players where only money can not make players win and control the game.
- However, the game is still in its pre-alpha phase and in its initial stages of making and no actual gameplay footage or any stats has been released yet. There is no planned or announced date for the beta mode as of today and I think it’s great. It will be a very big project which will definitely need a lot of time to actually make what they are offering and haphazardly launching a half-cooked game will only ruin its reputation and the trust among players.
- When the actual game gets released, the player would have to buy a Healer NFT which will represent the in-game character (like Ash in Pokémon I think) and then we have to buy a starter pack which will give us the necessary item to start playing the game. The NFT or starter pack purchase will act as a barrier to limit bot or multi-accounting in this game and the money this project generates through selling those items will fully go towards the game ecosystem, unlike most of the other existing web3 gaming projects.
About $Zing token
$Zing will be the in-game current for Holozing and players can earn Zing by playing the game. Just like any other crypto or fungible tokens, Zing can be tradable on the secondary market means players can sell their Zing earnings for other crypto tokens or sell them for real money. But the token will be much more than that as in the future, it can be used in other projects and will have more creative and multipurpose uses in the future. Players can make real money by playing Holozing and but how much? Well, that will depend on various factors which will be shared as the project continues to develop.
Tokenomics
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Circulating supply - 4.96 million
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Total Staked - 4.24 million
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Market price - 0.032 USD
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Market Cap - 159.71k USD
The $Zing token will be used for many things in-game like
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Item Recharges
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Crafting gear and upgrades/enhancements
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Crafting consumables and other in-game materials
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Cosmetics
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Tournament entry
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Progression
How to earn $Zing
While the game has just finished its pre-alpha phase and is set to launch in 2024, any interested investors can start accumulating the Zing token to be ready when the game launches. There are currently 4 different ways as shown below.
ZING Staking
You can earn Zing as staking rewards by simply staking Zing tokens into your in-game wallet. Zing token is already available to buy in Hive-Engine. The current APR rate for staking rewards is 171.99% which is fascinating but I think it will slowly reduce as more Zing gets staked, which is very normal and good for the tokenomics.
HP Delegation
You can also earn Zing tokens by simply delegating your Hive power to them. As of now, the HP delegation gives a sweet 254.19% APR as reward and a good source of making some Zing without pouring liquid money into the project. The HP delegation program has launched just recently but already has got 8.64k delegation and I believe this number will fly way higher every day as more people get to know about this project.
Liquid Pool
You can also earn a jaw-dropping amount of Zing tokens by simply entering and investing in the liquidity pool by providing liquidity in the Zing : Swap.Hive pool and currently, an amazing amount of 1652.98% APR is being given out right now as rewards in liquidity pool and it’s the best APR among all the 4 available options.
POSH holding
As of now, The last and final way to earn Zing tokens is by simply Holding POSH tokens in your hive-engine account and holding POSH tokens is currently giving out a lucrative 579.65% APR in the form Of Zing tokens and the second best option (APR Wise) to invest and earn Zing tokens.
My strategy
As I am already excited and want to hold a decent amount of Zing token by the time the game launches, I already started investing slowly into this project and just bought 100 POSH tokens and has started earning Staked Zing tokens. I am also thinking of delegating some Hive power to the project to earn even more Zing tokens soon. However, I am not a crypto or financial expert and this is certainly not financial advice, please do your own research before investing in Holozing or in anything else.
Useful Links
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Official Website - https://holozing.com/
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Hive account - https://peakd.com/@holozing
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Delegation account - https://peakd.com/@zingtoken
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Twitter/X account - https://twitter.com/holozing
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Whitepaper - https://whitepaper.holozing.com/
