Namaste everyone!
If you are a part of Hive then you may know about Arcade Colony but still if for some reason you are still unaware of it then let me tell you that this is a platform that is building the awesome games of Web2 by converting them into the decentralized model of Web3 that runs on the blockchain, which allows users/players to own their digital assets through blockchain, giving them full control to trade or transfer them independently and claim daily #hive bonus from the pool. Moon Karts, Genesis League Goals, Steakhouse Den, and Splinterlands are among the featured games on the platform that are getting better with each passing day.
One amazing thing about all these games is that, in terms of cryptocurrency, they are all linked to the same crypto, whose name is #colony. Although all the games have their own in-game tokens, Colony is a common cryptocurrency on this platform, due to which its importance also increases. And this is the reason that, after knowing all of it, I myself have started investing in this token.
Before talking about my strategy, let us know some important information related to this crypto.
-
The max supply of Colony is 21 billion.
-
The total supply of Colony is 309 million.
-
Total liquid tokens are 209 million.
-
Total staked tokens are 99+ million.
-
And the current market price of Colony is 0.0012 HIVE (approx).
This is what attracts me to this token!
-
🚀🚀 The circulating supply being less than the maximum supply will be considered a good sign from the perspective of future releases. Also, the gradual increase in circulating supply keeps inflation under control, and instead of manipulation, you see sustainability in prices, which is a good thing both technically and fundamentally.
-
🔐🔐 The higher number of total staked tokens compared to the total supply not only indicates the strong confidence of investors but also reduces the risk of a major fall in token prices, and the number of staked tokens is constantly increasing, which fundamentally strengthens it.
-
🎮🎮Apart from tokenomics, all the games associated with this token are amazing. So far I have only explored Splinterlands and Mooncarts, but looking at the games graphics, designing, smoothness and depth, it is clear that here you get an amazing gaming experience along with the tremendous benefits of Web3, seeing which it is understood that their future will be really bright.
Although I myself am still learning about these games and the platform, from what I have understood so far, Arcade Colony is a great platform to enjoy exciting web3 gaming, so in addition to the individual tokens associated with the games, I am also continuously accumulating Colony tokens and in the same way, after buying some tokens already, today I bought some more tokens at market price through #hive-engine to make it an angel number and staked 11111 Colony tokens.
My holdings in #colony Token have just started growing but I am trying to keep investing in these tokens as much as possible and also explore more games from #arcadecolony. If you have explored those games, then do not forget to share your experience in the comment section and also share what you think about these games and tokens. Maybe we all can learn something better by discussing.
