Genesis League Sports: Open Beta Launch today
I am not sure if you have heard about Genesis League Sports or not but I am sure that you have definitely heard about Lionel Messi, one of the greatest soccer players. If you know about the Lionel Messi then I can definitely say that you had not missed the news about Lionel Messi joining Inter Miami that is part of the Major League Soccer and will be part of the MLS for two and half year. Player association associated with Major League Soccer known as Major League Soccer Player Association in short MLSPA has partnered with the leading Blockchain gaming developer team of Splinterlands and it gave birth to the Genesis League Goal. More about this partnership can be read in the official site of MLSPA also.
So today is the Beta launch of this blockchain game and there is a lot of excitement in the Discord of the game as the game is going live. To make things more exciting we see the hint from the team member that lot of promotional stuff that will include the physical stuff will be given to the players.
And now just wonder if this Merch includes the player's jersey and you might get the jersey signed by Lionel Messi itself? It looks like a dream come true for a soccer fan. Apart from all the promotional stuff that soccer fans can get for playing this blockchain game, they will actually earn the game governance token GLX as a reward for playing the game. I hope with time there will be more internal perks for playing the game.
My GLX stake.
As I already state earlier GLX is the governance token of the game and I am actually accumulating more and more GLX every day. Though GLX supply is capped at 2 Billion for this game, only 600 million will be released and 1.4 billion is locked for any future partnership or creation of other blockchain games by the company. So we can assume that 600 million is the supply of the token.
Currently, I have amassed more than 71000 GLX which is currently giving me an APR of more than 70% but unfortunately, this will be going to end in less than 100 days. Also, airdrop is also going for the Splinterlands players based on their staked SPS (governance token of Splinterlands game)and I think both factors are currently contributing to the low price of the tokens and they are currently trading for less than a penny.
Since the game was not launched(till yesterday) and it might also explain the low price as many users like to invest money when there is MVP or finished product.
I am putting my bet on the GLX and just wondering if it can go 100x from here or maybe more. Do I have any reasoning for this wild prediction? I will say it is more of a gut feeling and my observation of the Axie Infinity AXS token. If they can have a market cap of 730 million as of today then why cannot GLX have? If GLX reach the same market cap then we are looking for even more than 150x.
Anyways, who knows the future but please do check the game , I hope you will definitely enjoy it.
Posted Using LeoFinance Alpha
