LABFUND and ARMERO update - dCity continues STRONG!

in 1UPlast year

One again that time has come, I sit here in front of the computer thinking that every single thing I am involved in needs an update by way of writing a post. I suppose it is superior in some ways to not knowing what to write about, let's get started.

If you are new to dCity - in my estimation now is a good time to jump in and start playing, with as little as $50 you can play for aprs of 100% or higher using my beginner guide to get started, which also has a part 2 update in the continuing series.

Today I want to talk about two dCity derivative projects I have successfully running - let's get right to it.

LABFUND....

We had a fine month of january for our @superlab account, and just yesterday we got our hands on 1881 citizens! A rare and excellent find, we experimented on the first 500 and not a single super solider. I was so disappointed, I was almost thinking about reporting something wrong.

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After waiting 12 hours and cancelling some bids, we scrounged enough to experiment on the next 600, and 7 super soldiers appeared. It really is what they say - streakiness strikes again!

Divdrop in early February

We still have a few hundred more to process, we will be working with our daily SIM income. After that we will do another ARMERO drop - looks like somewhere in the neighborhood of 0.3-0.4 ARMERO per LABFUND coming up in early February - stay tuned for that.

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Our city is worth as much as 36M SIM, which at the time of writing is worth as much as 13320 HIVE. With 7534 LABFUND left in the wild, that gives us a estimated value of ~1.77 HIVE per LABFUND. (Not including the ARMERO that we are about to drop).

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So make sure to get your LABFUND off the markets during the early part of February, I will let you all know when it has happened, or you will see it in your wallets.

I have been tempted to slowly bleed LABFUND assets into ARMERO more and more, but for now we are happy to exist and get a pretty high ranking reward for our tax rebates. We are actively using that HIVE to buyback underpriced LABFUND from the market, so for at least the next several months I would say this city still has a very valid and independent reason for existing.

ARMERO - the shining city of @armero

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Our city, @armero, is doing great. I happen to think it is one of the best and most profitable cities in the game right now, and it also happens to be tokenized. Here are the proportional owners of this city:

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The fun thing is, it is absolutely dominating in the INCOME ranking. And as a part of its growth, it has been able to add to EDUCATION and CREATIVITY, as well as continue to slowly creep up on its population size.

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Some of this growth has come at the expense of our SIM holdings, which have grown, but not as much as they could have. The city cannot grow on Sick Citizens alone, it needs buildings with INCOME and POPULARITY to balance against the negatives of these new citizens. And apart from that, people have been dumping Sick Citizens, so we have actually picked up a lot more of them on the cheap.

Here is our accumulation of LP in the last two months:

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It sure seems like quite early in February, within the first few days, we will be seeing another Sanitorium Div go out, although this might be the last one in this form, since we have a new proposal from @gerber and looks like it might pass:

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And of course I am talking about Proposal 14 - changing ranking rewards from HIVE to SIM. This will mean that holding rewards will be the natural way of HIVE accumulation, and we will need to accumulate A LOT more SIM before that is doing its job as efficiently as the ranking rewards.

But don't worry, I am on the case! Current numbers:

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@armero is designed to continue to expand on the cheap, and slowly grow in size and importance. The bet is that dCity will be around long enough to make this a winning play - time will tell!

Proposal 13, mass killing of sick citizens, would affect us as well, but I don't think even that will stop our amazing growth within dCity, since everyone will be affected equally (or possibly active players less with the use of a Prevention Card).

What might ARMERO be worth?

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Our city might be worth as much as 53.7M SIM (~19869 HIVE), and with just over 67k ARMERO distributed, that gives us a price of as much as 0.297 HIVE per ARMERO token. Of course this highly depends on both the fickle market of the dCity NFT's, as well as the continued strength of the SIM price in HIVE.

Reflecting this risk, the market has formed giving the token a bit of a discount, this also probably reflects the medium-term uncertainty about how fast we are going to be able to get the divs up to a reasonable speed during the ranking reward transition.

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What should we do now?

LABFUND - HOLD

After two months the project still goes strong, there is less throughput, except when good ol' @ecoinstant negotiates for hidden stashes of citizens that are still hiding out there. The recent 1800+ score and its profitability shows that we can still let this continue to run.

Will soon disgorge more ARMERO tokens.

ARMERO - HOLD

In basically the same amount of short time, two months, ARMERO has become the top new player on the dCity scene. Not just its rise to the top, but its bold strategy has come to mark it out amongst it's near-peers, of which there are very few under specialized conditions.

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Armero likely has the longer future ahead of it. Look forward to a new divdrip going out in the next day or three.

Use the market

Both tokens are trading at a discount to NAV on the market, meaning if you want to buy it - do it!

You can also trade these tokens - ie Buy Low and Sell High. They have nice spreads each of them, and since they are asset backed, you are unlikely to lose money by playing around on the market (as long as you do indeed learn to buy low and sell high). Consider this the game 'within the game' within the token(s).

Also, from my own review of the matter, everyone should be in profit. SIM is up 30% against HIVE, all LABFUND holders are in 2x profit, and all ARMERO holders are above water as well. So if you need the HIVE, or the money, feel free to sell. Let's loosen this market up and get these tokens moving around.

Leave me your feedback below.

Freedom and Friendship

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thanks for the update bro :)

and FYI, i feel your pain.

I sit here in front of the computer thinking that every single thing I am involved in needs an update by way of writing a post.

I did videos for a while but then i started to play about too much and editing took 6-7 hours, lol.

Thanks for the update. I don't really trade these much. I just hold onto the tokens in my wallet and I trust that you will do a good job with it. I guess it works for the people who do trade that the early heads up is a good call for them.

Posted Using LeoFinance Beta

Nice work capturing top spot with Armero! Had no idea you had tokenized a city, just catching up with this update.

Wao its amazing and valuable progress. I have decided to some of my money on this project and wait for the bull market.

Wow that is amazing progress, but i do get the feeling that getting to 10 million sims is gonna be a little easier now :)

That's good news!
!ALIVE

@ecoinstant! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @yeckingo1. (5/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

The bet is that dCity will be around long enough to make this a winning play - time will tell!

Is DCity going to cease to exist?

It was also mentioned that 3rd edition card minting may soon be retired. Will there be another edition taking it's place??

I guess I will be moving to the PGM LP. 🤔🤔

thanks for the update bro :)

and FYI, i feel your pain.

I sit here in front of the computer thinking that every single thing I am involved in needs an update by way of writing a post.

I did videos for a while but then i started to play about too much and editing took 6-7 hours, lol.

thanks for the update bro :)

and FYI, i feel your pain.

I sit here in front of the computer thinking that every single thing I am involved in needs an update by way of writing a post.

I did videos for a while but then i started to play about too much and editing took 6-7 hours, lol.