Is DCity a good play2earn investment?

DCity is a city simulator game based on Hive-Engine NFTs built on the Hive blockchain. Besides holding different NFTs that represent either buildings, technologies, or different citizens you are earning at the same time SIM cryptocurrencies which are powering the entire society from this metaverse. That's what gives it life and at the same time, you can trade it outside of the game and get HIVE or other cryptocurrencies for it. The game had a sinusoidal evolution with times when you could make big money then it went quite down with taxes being almost 100% and afterward things got calmer and found stability with moderate earnings. But the question still remains - Is DCity a good play2earn investment?

I will respond to this through my own experience in the game. First of all, I have invested in DCity at the end of the previous year (December 2020) the sum of $500 and tracked all my evolution through a series of posts which culminated with Crypto Mythbusters - DCity $500 investment recouped after today's HIVE price spike. With the improvement in HIVE price I've succeeded to recoup my investment in around 2 months from that point. That was a good exit for me as things were getting tougher and tougher at the moment in DCity. So as I have achieved my milestone I simply let the city develop itself organically with no other investment in it.

The pleasant surprise is that the city continued to grow and provide steady SIM income alongside an increase in population. Just from holding SIM (the most passive way is simply to let it add up there and do nothing) I am getting holding rewards with an APY of 17.50% which are around 0.345 HIVE per day. At the same time, I am getting ranking rewards for my city which is calculated based on different factors in the amount of 0.025 HIVE per day. Thus without any involvement in the game and simply due to my previous investment and buy-ins, I am getting passively 0.37 HIVE per day.

Another form of earning built around DCity is to be a Liquidity Provider and I got involved in the SIM:HIVE pool which is offering at the moment an APR of 24.513%. Got half of my SIM liquid holdings out of the game, paired them with the same amount of HIVE and here I am Liquidity Provider just for putting my SIM to work passively. And the greatness of it all is that the holding rewards include the amount from the LP, so you will keep on getting that HIVE daily as well. I've done all of this through the DCity - BeeSwap and I am getting about 125 SIM extra per day. I simply like the clean interface and the information provided to understand the rewards associated with the pool.

Based on all of the above and the fact that you earn NFT assets almost daily (new citizens who get specialized in different jobs), receive HIVE holding rewards, and also are able to earn by being a Liquidity Provider I think that DCity is a very good play2earn investment. You will not become rich overnight, but this game will provide you steadily and also provide additional ways for passive income.

Posted Using LeoFinance ^Beta