Hive Blockchain has an in-built GameFi project that has been effective for months. This GameFi platform is initiated by @acidyo to onboard gamers, artists, investors, traders and other crypto enthusiasts. One of the essence of the GameFi platform is to make every participant have full ownership over their assets in the blockchain.
After transaction
The platform is prominently known as "Holozing;" it is one of the leading decentralized gaming platforms that utilizes @zingtoken as the native token to build the project. As one of the crypto enthusiasts who loves to engage in promising projects, I grew my finance in the GameFi ecosystem by staking over 4,000 @zingtokens. Beyond the staking activity, there are other benefits inherited when investing in the project.
Before transaction
Claiming Staked Rewards
Simply, staking is seen as an investment strategy initiated to build a crypto project when users lock up the native token in the platform. While the token is locked up, some platforms like Holozing offer rewards to the stakeholders by giving "claim stake rewards" depending on the project's APR. The reward is seen as a passive benefit earned by the investors of the project; this staking is beyond the rewards earned, it also helps in securing the network and indicates the level of trust by the users for the project.
Transaction in Tribaldex
My Next Target
After my diligent research and considering the potential of the @holozing project, I am hoping to stake an additional 1000 @zingtoken so that I can be amongst the top stakeholders of the project. Before engaging in a community in the cryptoverse, it is essential to choose a platform with a solid track record; so far, @acidyo has built a high level of reputation in the hive blockchain, so the prospect for the project is promising.
Other Holozing benefits:
There is an active participation in the blockchain because of the fanart contest initiated by the Holozing team. The essence of the contest is to engage constant engagement in the platform and also offer rewards to users so that they can possibly use it in buying more @zingtoken
Staking process
Conclusion
Staking over 4,000 zingtokens in a GameFi platform is seen as one of my achievements at this moment and the rewarding journey has offered me some learning experiences and valuable insights. Beyond the financial gains, staking has provided me with a deeper appreciation for the project.
As Holozing continues to improve in the #web3 gaming platform, I eagerly anticipate the opportunities that lie ahead and I'm ready to participate in the investment. Get ready, I'll be buying the Holozing creatures soon!
Wow congratulations staking 4000 zing man🫡