Final 4 Days of the R-Planet RDAO Auctions
Happy Independence Day!
I'm going to keep this very short as I am trying to treat the day as an actual holiday. Normally I don't do too much celebrating, but I think I'm in the final stages of COVID. I woke up today with some actual energy and am not coughing my lungs up. Everything still tastes weird, and I don't know if I'll ever be able to enjoy coffee again... But I'm happy to be recovering.
Anyway - all I plan on doing is some gaming and I plan on cooking a couple steaks. I've been playing BioShock 2 remastered, and it's so fun I don't care that it's a first person shooter. Normally I don't like FPS games, but I am thoroughly enjoying this one.
I hop onto R-Planet every few days and harvest my AETHER while I can. AETHER mining is going to be a thing of the past very soon, and right now you can use it to get RDAO tokens. RDAO tokens are the governance tokens of the R-Planet DAO and will allow players to earn their share of 75% of the game revenue. You can stake RDAO and earn WAX right now as well.
I plan on accumulating as much free RDAO tokens as possible to maximize earnings in the future.
As you can see, toward the middle of the 150 day auction, the price of RDAO started to stabilize. 1 RDAO is about 2 WAX a the moment, which is a bargain considering all the utility and tokenomics. I'm not going to say go out and spend actual money you care about on these tokens. All I'm saying is I love the distribution mechanisms and think it might actually have value one day.
AETHER was inflated into oblivion pretty quickly. In the early days I was farming like 14,000 WAX per month worth of AETHER but as all good things do... It collapsed at some point. Now AETHER is nearly worthless, but the team is doing everything they can to breathe new life into the token. I think it's working.
There's a few ways to use AETHER and a lot less being created every day now. Shit tons of it are being burned, and it's going to be the main currency in the Conquest game. Right now I'm basically spending all of the AETHER I am still earning to get RDAO. I have a feeling the price is going up at least a little after the auctions.
I'm also farming BLU tokens passively on BluDAC which I'm swapping for AETHER to buy RDAO. Every bit of free tokens I'm farming on the WAX blockchain is getting sold for AETHER to get the max amount of RDAO out of these last few days. In terms of dollars, it's not much of anything...
I have a love-hate relationship with R-Planet but at the end of the day, they have delivered on every single promise. They are slow to develop and sure things could have been done differently. Nothing can change that now. What can change is the fact that we are about to get a real game to play.
R-Planet: Conquest is hopefully only months away. I can't wait to use my robot army I've been amassing to decimate some colonies. See ya in space, bois..
Thanks for reading! Much love.
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