My New Investment For 3% Daily Payout
I have just invested in the Jayce Defi Empire Games today by purchasing 1 adventurer that allows me to earn 3% daily reward.
In short, it may be labelled as game but I would think it is just another version of Drip or Fisherman Joe with a different packaging.
The current price of its DEG token is $0.249 at the point of this post. We would need to purchase DEG token to purchase an adventurer to start earning the 3% daily reward.
One adventurer cost about 1500 DEG token for me but the price may change if more people start to buy adventurers.
Below is a description from the site on how to start participating in the game.
After the above steps, you can use the DEG tokens that you purchase to purchase at least one adventurer to start earning.
Below is a screenshot from its FAQ to get slightly more information about this game.
Based on my understanding, we can compound our earning which would purchase new adventurer when we have accumulated enough gold(same value at DEG). We should only compound when we get enough gold to get an adventurer as there is a risk of losing those gold if the minimum amount is not met.
If we choose not to compound, we can choose to withdraw our gold to take out profit.
One adventurer has cost me about $372 to get about 1500 DEG tokens. I would probably try to compound to get additional adventurer for greater earning.
Since we cannot fire our adventurer after buying one, it does not give investors a chance to cause the project to fail in short term.
I must admit that every investment carries a risk and what is not in our wallet is not ours so we should invest with an amount that we can afford to lose.
Looking at its future plans. I will be having a liquidity farm around March or April to allow investors to farm rewards by providing liquidity.
The team seems to be planning a new game called Jayce’s First Quest around May or June. Based on its short whitepaper, it seems to be a game where we stake our NFTs to win variant rewards.
In my personal opinion, the coming liquidity farm can help in the price of its DEG tokens. I suspect the NFTs may also need DEG tokens for the purchase. These two platforms can provide more use for the tokens that may help with the value of the DEG tokens.
Early investors may benefit if the different projects that involve DEG tokens become successful but it is still a high-risk investment.
For a start, those who may be interested in putting a small amount to bet on this or to find out more can visit my referral link below. https://www.jayce.defiempiregames.com?ref=0xe67ac4d724093fea5882a5167aa79cee57aa747b
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.
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