Compounding effect in Gaming Asset Investments - Increasing my SPS Airdrop Points

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I told myself that even if I can't actively engage play-to-earn games, I will do my best to invest in the gaming assets where possible. Doing that alone also makes one an important stakeholder in the gaming ecosystem. Glad that starting from Splinterlands game, the gaming community on Hive is expanding and helping to brew several millionaires and billionaires. More interesting is the fact that one can stay relevant in the gaming ecosystem on Hive blockchain by providing insightful contents that helps to promote the game for new users/investors to adopt/invest.

From splintertalk frontend which was a dedicated hive-engine outpost for sharing thoughts about Splinterlands to 1up.zone serving as a general outpost for all blockchain gaming contents, the investment opportunities for blockchain games continue to increase on the Hive blockchain. Presently, some of the ways of cashing from blockchain (play-to-earn) games on Hive include:

  • Playing games to earn in-game rewards/assets;
  • Publishing gaming tutorials on splintertalk and 1up.zone to earn SPT and ONEUP tokens respectively;
  • Staking SPT or ONEUP on (https://www.splintertalk.io/) and 1up.zone to curate splinterlands and general gaming contents respectively for curation rewards;
  • Investing in other gaming tokens like PIZZA, NEOXAG, and more
  • Pooling ONEUP with SPT tokens in Tribaldex for liquidity rewards;
  • Participating in gaming related contest
  • Receiving free gaming assets via airdrops/claimdrops.

From the six options listed above, the sweetest way is to earn free airdrops/claimdrops which is a reward for supporting relevant communities on Hive through token staking, HODLing certain relevant tokens and perhaps doing some simple activities or participating in defined activities. Weeks ago, I could remember cashing close to $100 worth of VOUCHERS for simply HODLing INDEX tokens. Presently, I have been receiving daily SPS airdrops (over 212 days) in my Splinterlands wallet just for HODLing/staking Splinterlands assets like DEC and SPT. The airdrop will continue for the next 153 days. I can say, I've earned over $300 worth of SPS so far.

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5,000 SPT Powered-up - Transaction ID

Receiving such huge amount of free tokens came without my intentional plan of investing in Splinterlands assets. I then asked myself, if that much came when you weren't intentional, think of what the intentional investors take home on daily basis from this long term airdrop. THis informed my intention to scale my game in stacking more SPS tokens while also increasing my SPT stake.

The wonderful thing about the SPS airdrop is that it is a compounding reward for me. I staked SPT basically for curation returns which is around 30% APY, however, the compounding effect of earning SPS that is even more valueful than my SPT is just an amazing deal that we can only Have on Hive. SO I can say that my investment in the Splinterlands asset (SPT) has yielded over 230% APY.

I'm not relenting. I think it's possible to draw more value over the next 153 days left to the end of the SPS airdrop. Today, I powered additional 5,000 SPT tokens while the price is dipping to increase my curation Value on Splintertalk while also increasing the value of SPS I'll be receiving from tomorrow.

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313 ONEUP swapped to 3226 SPT - Transaction ID

Powering up that amount of SPT came from swapping my ONEUP earned to SPT (313 ONEUP to 3226 SPT) and then powering that up, bringing my total SPT stake to 62,000. Reaching 100k SPT looks realer before the end of Q1 2022. Moreover, hitting the goal of 5,000 SPS over the next 153 days is quite a possibility.

Below is the screenshot of details you need to know about SPS so it informs how you can take advantage in the coming days.

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Hive is full of opportunities and the only thing that can hinder one from accessing these opportunities is information. Most of these life changing opportunities are almost free.

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What is Hive?

Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source

What is Hive-Engine?

Hive-Engine is a smart contract platform on top of the Hive blockchain. It allows communities and businesses to build their own tokens, which are then built on top of the technology provided by Hive. This is the ultimate layer 2 solution. The token created on Hive-Engine is then immediately tradable with Hive on their exchange.

About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
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6 comments
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nice work! you are getting some serious upvotes!

!PIZZA

!LOLZ

!LUV

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