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Hashkings investment & return updates under hive.pizza scholarship - Report #9

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Published: 11 May 2022 โ€บ Updated: 11 May 2022Hashkings investment & return updates under hive.pizza scholarship - Report #9

Hashkings investment & return updates under hive.pizza scholarship - Report #9

Bonjour ๐Ÿ‘‹ fellow Hashkings Players and Hivians,

This weeks "Hello" is in French Language,

Continuing my journey as a #Farmer(+) in #HashKings under ๐Ÿ•hive.Pizza๐Ÿ• #scholarship program, and also update on my investments and returns related to the game. +meaning I am not just looking the game as Farmer but other investment and game mechanics too

HashKings report - banner created by h3m4n7 using #hashkings and #hivepizza assets

alt Support Hashkings

Before the regular updates an announcement about Hashkings from me, Hashkings Dev team is currently looking for support from Hive Friends to fund their DHF development proposal, the current marked volatility conditions have affected us all and Game development teams are not immune to those especially an ecosystem like Hashkings where lot of fund coming from the players go back in to the game economy and not in dev pockets.

Please spare a minute to read their DHF proposal and if you agree do vote for them no matter how small (in terms of HP) is your vote๐Ÿ‘, every bits help them to reach to their Goal.

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HashKings Investment Statisticsalt

Now back to the topic of my investments and returns in the Hashkings ecosystem

Note that most calculations related to Guild part are estimates based on current market prices, as I do not have exact data from guild on that

Expenses

  • Guild Part : This is the last cycle in the current Guild Delegation and guild will be summarizing all the collections and data and will have a little buffer period before next round starts
  • Avatar NFTs : Did not bought any of market but ๐ŸŽ‰Won 3 from Giveaways๐ŸŽ‰ on ๐Ÿ•PIZZA Discord๐Ÿ•๐Ÿ™‚
  • BUDSX : Staked some more BUDS recently which were converted to BUDSX and also some of the market BUY orders got filled. I was saving BUDS to be used for forging and Joint purchases for levelling up my Avatars but since will be little busy for next few weeks, I have put those BUDS in staking because there those will increase๐Ÿ™‚ rather than just sitting idly in wallet. Remember Staking/Unstaking is instantaneous for BUDS so its always better to add it there rather than keeping in wallet
  • No changes in HKWATER, HKAVATAR, BUDS & MOTA

With the above transactions, my total Hashkings expenses not stand at 78.8 hive (+3.18 hive compared to last update) and 13.77 hive savings thanks to hive.Pizza's scholarship program


Revenues

Revenues from different assets of the game

  • Guild Revenue : contribution of 0.24 hive by sharing the 30% of the harvest share
  • BUDS : Converted most to BUDSX by staking
  • Avatar NFTs : If you hang out in๐Ÿ•PIZZA Discord๐Ÿ• then normally you should have seen that I put various Hive (some times WAX) blockchain NFTs for sale in discord which can be bought with Pizza๐Ÿ• tokens, and normally those are listed at lower price to my market listings, plus some time Discord Guild members receive additional discount on price of such sales. Last week I had #Hashkings Legendary Avatar up for sale and it got sold in just 2 days๐Ÿ˜€
  • No changes in LAND, SEEDS, HKWATER, HKAVATAR, BUDSX & MOTA

Current Revenue stands at $76.46 (+18.21 hive compare to last update) and have provided total revenue of 3.31 hive to the guild


Assets

  • Avatar NFTs : Currently hold 1 Lvl10 Epic and 4 common ones
  • Land : Hopefully soon ๐Ÿ™‚
  • SEEDS : Received 1 (not so lucky this time) from Harvest drop taking my total in stocks to 28 worth around 1.29 hive based on market listings
  • BUDS : Mostly moved to BUDSX
  • BUDSX : Fluctuations due to price changes
  • HKWATER, MOTA : Minimal change due to price fluctuations
  • HKAVATAR : none held for now

Total Current Assets value is $60.71 majority being the Hashkings Avatar NFTs


Gains

Well again simple calculation for Gains = (Revenues + Asset value) - Expenses
and currently it stands at 58.37 hive (+6.5 hive compared to last week) or 74.07% (+5.48%) of my expense of around 78 hive related to the game.

So maintaining a healthy profit for time spent on Hashkings ecosystem even with current fluctuating market conditions


BUDS Staking Gains

image.png

BUDS when staked are converted BUDS to BUDSX, the ratio of which is increased everyday as the game dev team add BUDS to this pool from part of their revenue every day.

The current BUDS to BUDSX ratio is 0.00132627, a 2.36% increase since last week's update, taking my gains to 8101.68 BUDS or 9.5% of around 85K Buds staked and this gains are all passively happening ๐Ÿ™‚.

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hive.pizza Scholarship Programalt

Recap, under the Scholarship program I have been delegated

  • 15 South America Land plots
  • Colombian Gold seeds & Panama Red seeds for 4 cycles of farming gameplay
  • HKWATER tokens to complete above 4 cycles

When I harvest I will receive BUDS token, of which 30% I need to give to the guild and 70% I get to keep and use as I see fit.

A Win-Win for both

  • Guild - assets don't go to waste and earns 30% on the assets potential
  • Player - invest some times and get 70% return without financial investment

Want to know more about the program hop on to the ๐Ÿ•PIZZA Discord๐Ÿ• as first step

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Harvest Report
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After completing the farming gameplay for this week, this is what my harvest looks like

Hashkings Harvest Results, base template created by nane-qts

So in total I got 3785 BUDS and after guild share I have now 2649 Buds which at current market rate is equivalent of 0.56 Hive.

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๐Ÿ•hive.Pizza๐Ÿ• Scholarship program is in Beta stage now, with all of us initial scholars and testing the program is only going to improve and one of the requirements for applying to the scholarship program is being an active member of the community, so jump onto the ๐Ÿ•Pizza Discord๐Ÿ• and say Hello and feel free to ask around any questions you might have, it is one of the most helpful community

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Self Promotion

Follow me on Twitter or here to keep up to date on my giveaway posts

For a chance to win some ๐Ÿ•Pizza๐Ÿ• tokens check out My Weekly Pizza Update or for a chance to win from 3 EPIC cards check out my Splinterlands Giveaway #31

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Notices:

  • Images/logos used in this post used are from hivepizza and hashkings or screenshots or images created by me based on assets from hivepizza and hashkings assets on website or discord
  • Divider and harvest result images created by nane-qts@nane-qts
  • The content in here should not be taken as financial advice, please do your own diligence before investing

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