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Is Dcity a good investment? 5 months later ...

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@libertycrypto27
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Font used is Open Source - Edit by @libertycrypto27


Hello hivers, my adventure on dCity started on June 19, 2020 and today, November 24, 2020, more than 5 months have passed since my first login (precisely 5 months and 5 days).

In this post I will do some calculations to determine the profit and the Roi I have obtained so far and to answer the question:

Is dCity a good investment?

Before starting with numbers and calculations I briefly introduce the dCity game for those who don't know it.

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What's dCity?

dCity** is a simulation game that allows you to create and govern a virtual city. The city has your name and you have to make your city prosper.

The address of the dCity website is: https://dcity.io/ The page with the main information is: https://dcity.io/info I wrote a Tutorial on dCity, you can find it at the following address:

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Report Topics


Here are the topics that I will cover in this monthly report:

  • **Valuation of dCity as Investment

    • Total Investment Cost
    • Value of my Cards Collection
    • Value of Rewards
      • SIM tokens
      • HIVE reward pool
  • Calculation Profit/Loss

  • ROI

  • My Current Strategy

  • Final Considerations**

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Valuation of dCity as an investment

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In general to evaluate an investment you should always consider:

  • **the total cost of the investment
  • investment revenues**.

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Total Investment Cost

To date, November 24, 2020, I have invested a total of 956,98 HIVE in dCity.

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With 956,98 HIVE I created my virtual city. Today my city is composed of a total of 387 cards**.

In the following image there is my virtual city and each colored circle identifies a precise card (the smaller circles) or a group of 10 equal cards (the larger circles). **

In the following image you can see the detailed list with names and numbers of the cards that compose my city.

I haven't bought any cards for more than two months now because I decided to reach the Breakeven point before coming back to invest in dCity. You can use two ways to buy cards:

  • the BUY section of dCity

  • the MARKET section of dCity. *

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Value of my Card Collection

In order to calculate the profit and Roi I have obtained so far it is important to quantify the value of my card collection. To determine the total value of the cards in my possession I have chosen to compare two values:

As both values are approximated and estimated I consider the lower value between the two which in this case is DCITY STATS.

As you can see from the picture above the value of my city is *180631 SIM (23 November 2020).

I repeat is an estimated value because it is the result of the market prices of the cards in my possession.

The HIVE value of *180631 SIM (Highest Bid on Hive Engine) is: 899,54 HIVE (24 November 2020).

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Value of Rewards

In the dCity game there are two types of Rewards (REWARDS):

  • SIM tokens
  • HIVE reward pool

SIM tokens

My city produces a certain amount of SIM every day which is the result of the sum of the INCOME** attributes of all my cards. From this value then you have to subtract taxes.

My city produces after tax **1122 SIM per day.

1124 SIM are the equivalent of 5,58756 HIVE. *

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HIVE reward pool


On dCity there is a ranking based on the number of inhabitants of each city (
Population**).

To view the ranking you have to click on **RANKING as indicated by the arrow in the next picture:

The first 400 players in the ranking are divided into parts depending on the positions 1% of the Reward pool.

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Currently my city has a population of **1475 inhabitants.

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Thanks to the population of my city I occupy the position number **334 of the dCity rankings

The prize is daily and the last prize I received was 0,160 HIVE. *

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Profit

( Revenues - Costs )

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Total Revenues

To calculate the profit I consider the total revenue as the sum of the following items:

  • Value of my card collection on the market (**estimated value: 180631 SIM = 899.54 HIVE)

  • Total Token SIM accumulated on Hive Engine and not reinvested (14995.151 = 74.67 HIVE**)

  • Total Token **SIM sold on Hive Engine in exchange for SWAP.HIVE token (503.29 HIVE).

  • Total of HIVE obtained from the ranking (42.62 HIVE)

  • Total Token BEER obtained from the Brewery card in my possession (3.33 BEER = 0.69 HIVE)

  • Total Token WEED obtained from Weed Farm cards in my possession (30.84 WEED = 7.46 HIVE) *

Total Costs

The **total costs are given by a single item:

  • Total cost of my investment (956.98 HIVE**)

Now I have all the data I need to calculate profit and ROI. **

PROFIT

Profit = 1528.27 - 956.98 = 571.29 HIVE**

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My profit in dollars is 73.70 $

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**

ROI

( Return On Investment )

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My current strategy

My main short-term goal on dCity is the following:

  • to reach the break-even point between:
    • the total amount of rewards received and not reinvested on dCity.
    • the initial capital invested**

When the difference between the total rewards received and the capital I initially invested will be equal to 0 I will have an effective zero risk. dCity is an investment in full health but, considering that I always like to evaluate the worst case, in the unfortunate event that dCity should collapse in a short time I would not lose anything.

As you can see from the calculations in the next picture, to reach the risk point 0 that I set myself I still miss 157,27 HIVE.

**

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I should reach the break even point in about a month. When I reach this goal I will invest 50% of SIM production in purchasing cards to expand my city and the remaining 50% to increase my Hive Power.

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Final Considerations

is Dcity a good investment?**

If I consider the results calculated above I can answer that dCity is definitely a very good investment (and it has been at least until now). In five months I made a profit of 73.70 $ and a ROI of 59.70%. After four months the profit was 57.6 $ and the ROI was 42.41%. So in one month I gained +16.10 $ over the previous month's report result and increased my ROI by +17.29. Really good results and I am really satisfied and happy to have chosen to invest in dCity.

But

However, important considerations must be made:

  • The value of my city on dCity is an estimated value. Only if there is a market with high bidding (Highest BID) is it possible to determine a precise and immediately monetizable value of the cards in my possession and on the dCity market there is no possibility to make a bid. In addition, my city is worth 899.54 HIVE if I can sell all my cards at market prices. Actually some cards are easy to sell and others less.

  • There are many other factors to take into consideration:

    • the future trend of the value of SIM tokens

    • the number of players who will join dCity in the future

    • the future value of cards on the market...

    • the future value of HIVE

**

Important note:

dCity more than a game is an investment and mainly as such must be treated.

In every type of investment there is always a risk factor** to evaluate and consider.

My report is in no way an invitation to invest in dCity but only an analysis of my personal investment on November 24th, 2020.

I hope you liked my report and, if you like, follow me to read my future posts and reports on dCity ;)

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If not otherwise indicated the images are screenshots taken from:

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https://dcity.io/

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The font used in the calculation images is Open Source

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the images containing formulas and calculations are my property

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