I continue to closely follow both the Wink.org & Sportbet.one platforms along with the dividends they are paying. This report covers the last 2 weeks
State of The Market
It right now looks like not all too many new people are entering crypto (yet) as most projects I follow closely that have working products for regular people aren't seeing any growth in numbers. Wink.org has been in somewhat of a decline this last month being unable to sustain the dividends, Sportbet.one has been steady but still seems stuck at 100-130 Weekly users, and a game like Splinterlands has a flat line when looking at the active daily players. I guess Bitcoin needs to go well above its all-time high before Joe Public has a look at the crypto market again and maybe get excited by all the dapps that have been built.
WINK.ORG DIVIDENDS
I wrote last time how Dividends looked like they were going down which is exactly what happened. The introduction of blink.wink.org did not really make up for it as those dividends were also down heavily last week. I guess a small number of whales are responsible for the really high payouts at times.
Based on the 21-day moving average dividend payouts the weekly returns are around 0.463% based on the current price of 2769 TRX for 1M WIN. This even after more than 13% of the WIN sharing in dividends got unfrozen to min on Justlend.org. Looking at the 100-day moving average which for a long time saw a nice and steady increase, it now is going down again and I'm not sure how deep it will fall.
More different currencies seem to have been added to gamble with on DICE but so far they don't seem to get distributed to WIN stakeholders for some reason. The BNB payouts I have received for 16M WIN since they started have shown 0.911$ | 1.257$ | 0.174$ weekly dividends. It also could all be random variance with players getting on a hot run meaning dividends are lower. I personally just keep holding on to the WIN I have and even slowly adding more as the price dips. I still see the platform being in a good position for when the next crypto retail hype really kicks off again.
SPORTBET.ONE DIVIDENDS
SBET keeps having a low profile with not all too much happening on the bookie aside from the fact that they announced that more pre-game betting options on matches have become available. Both Dividends and the price got a small decrease these past 2 weeks and are currently at around 0.5% returns on a weekly basis.
Overall looking at the yearly performance it has done quite well despite the covid situation which highly affected the action on Bookies.
For now, I will continue to hold on to my WIN and SBET collection dividends on a weekly basis and I will continue to buy some more WIN when the price drops too much. That's it for this week.
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