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

in HODL2 months ago

5Mese copia.jpgFont 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.


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:
https://peakd.com/hive-140217/@libertycrypto27/dcity-tutorial-for-beginners


image.png


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**

Valuation of dCity as an investment


In general to evaluate an investment you should always consider:

  • the total cost of the investment
  • investment revenues.

Total Investment Cost


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


image.png


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

image.png

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).


image.png


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


image.png


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

7 copy.jpg


  • the MARKET section of dCity.

10.jpg


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:

  • the value indicated in the DASHBOARD section of dCity
    image.png

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

image.png

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).


image.png


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.


image.png


1124 SIM are the equivalent of 5,58756 HIVE.


image.png


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:


image.png


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


image.png


Currently my city has a population of 1475 inhabitants.


image.png


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


image.png


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


image.png


Profit

( Revenues - Costs )


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)
    image.png
  • 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


image.png


Profit = 1528.27 - 956.98 = 571.29 HIVE
.

My profit in dollars is 73.70 $
.

image.png


ROI

( Return On Investment )


image.png


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.


image.png


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.


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 ;)


If not otherwise indicated the images are screenshots taken from:
.
https://dcity.io/
.
The font used in the calculation images is Open Source
.
the images containing formulas and calculations are my property
.


bannerPezzoDiCieloULTIMO.jpg

Sort:  

Nice overview! I think the game is profitable if it is played in an economical manner. I've just started or better said restarted and I'm on the learning side. After taxes I net in 173 SIM. My goal is to reach 2000 SIM a day. It will take probably some good couple of months to do so, as I buy cards that I need and don't pull them.

Posted Using LeoFinance Beta

I make about 6K sim and 5 Hive a day. It's tough because I have to reinvest 50% to keep pace with the other players.

You mean to reinvest to be in the top400, this is of course the case.

If you would sell the 6000 SIM you would gain somewhere between 25-30 Hive/day, which is also not that bad.

Posted Using LeoFinance Beta

To maintain my rank of 70.

I think the game is profitable if it is played in an economical manner

I agree with you.
The game is in good health and users are increasing.
It is a game/investment that takes little time but also has a risk factor that depends on the future interest of the game.

My goal is to reach 2000 SIM a day

I should do the calculations well but so I think that with 900 - 1200 HIVE investment and carefully selecting the cards to buy you would be very close to the 2000 SIMs

Thank you, you gave me an idea for my future post :)

@alexvan thanks a lot for reading and for appreciating my report
Have a nice day :)
!BEER

Yes, I think also that a rough investment of about 1200 will average in 2000 SIMs a day. It will have a break even in about 120-150 day.

Posted Using LeoFinance Beta


Hey @alexvan, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Command accepted!

Thanks for the tokens and for the info on Aeneas.blog
Have a nice day
!BEER


Hey @cryptoaeneas, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

@tipu curate 2

Un doppio grazie caro @robibasa
!BEER


Hey @robibasa, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Ottimo post ora aspetto la traduzione in italiano su olio di balena ahaha

Grazie mille @zottone444 arriverà appena sistemo la versione in italiano ;)
!BEER


Hey @zottone444, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

This blog gives a good insight in the ROI of dCity.
Is there an easy way to see how much you invested in dCity? Or did you keep track of it?

Posted Using LeoFinance Beta

Hi @friendlymoose and thanks for appreciating my report on dCity :)

I sign everything on a spreadsheet because I like to keep my investment on dcity under control and I like to write reports on decentralized games.

There are two sites that offer information about dcity's costs and rewards

The first is DCITYSTATS: https://hivedata.space/statistics/dcity?s=balances

I have entered your username and you can see from the image your costs and rewards
image.png

The site shows you the SIM tokens received and used in the Market but if you sold SIM on Hive Engine the gain depends on the value that the SIMs had on the day you sold them and to know the exact amounts the only way is the Hive Engine explorer.
For example, I write down on my spreadsheet all my SIM sales operations in order to have an accurate report.

The second is https://dcitystats.com/
but it is not working at the moment

Have a nice day :)
!BEER


Hey @friendlymoose, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Great write up I can't even tell you how much I spent on the game. Someone needs to make a bot to calculate this.

Hi @cryptictruth
There are two websites that show you costs and rewards

The first is DCITYSTATS: https://hivedata.space/statistics/dcity?s=balances

I have entered your username and you can see from the image your costs and rewards
image.png
The site shows you the SIM tokens received and used in the Market but if you sold SIM on Hive Engine the gain depends on the value that the SIMs had on the day you sold them and to know the exact amounts the only way is the Hive Engine explorer.
For example, I write down on my spreadsheet all my SIM sales operations in order to have an accurate report.

The second is https://dcitystats.com/
but as @rmsadkri wrote you, it is not working at the moment
In this site of @bala41288 you could see the breakeven point

Thanks for your comment and thanks for appreciating my report :)
!BEER

That’s so for the response that’s was extremely helpful! I look forward to more of your post. It’s crazy to see what I have earned I can’t wait to get this all together her to figure out my break even point

There is a website to calculate how much you are earning and how much you spent. But it is not working at this moment. Hope @bala41288 can fix that. Try this link https://dcitystats.com/


Hey @cryptictruth, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

I think that overall it is a good investment and what I love about it is that is a passive income. I'm also playing it, invested in the beginning, took a break and then come back to the game and still growing my city. I quite love the game, its mechanics, mathematics and the fact that it is being developed steadily. My HIVE investment was from my blogging so there is a cost relief because of that even if it should recouped at some point. The game has great potential so I will be playing it more and more!

Posted Using LeoFinance Beta

fully agree with you @behiver
I like the game too, especially because it takes very little time...for example in this month I logged into dCity only once to write this report and I earned about 150 HIVE in Tokens SIM
!BEER


Hey @behiver, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Really good overview of Dcity!

Yeah I've been playing around with it for about a month now, and learned of a strategy from one of the top players of the game....

Right now my experiment is pulling in like 1500 SIM a day and I'm ranked around 275-ish....And the majority of my purchases are all from SIM profit being reinvested.

I love it...It's such an awesome little tool for everyone on the blockchain!

Really good overview of Dcity!

Thanks a lot :)

learned of a strategy from one of the top players of the game....

Is this a secret strategy? I love the strategy aspect of every game and I would like to know it :)

I love it...

I agree with you dCity is a fun game that takes little time to play and is bringing back great rewards.

@jongolson Thanks a lot for reading and for appreciating my report on dCity
Have a nice day
!BEER


Hey @jongolson, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Nice report. I also think dCity is a really good investment. I need at least six months to reach the breakeven point. Until then, I will try to maximize my SIM income.

Hi @rmsadkri and thanks for your comment.

I need at least six months to reach the breakeven point. Until then, I will try to maximize my SIM income.

This is a good strategy and we have the same goal: breakeven ;)
Have a nice day
!BEER


Hey @rmsadkri, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Aeneas is a blockchain project under development and a decentralized blogging platform based on Hive spesialized on the #social #politics #economics #indiejournalizm and all the #cryptocurrency related threads
Join Aeneas.Blog to earn more ASH for your unique content!
Dear, @libertycrypto27, you have received ASH tokens!
Join our Discord Server for further updates!

At least you know your ROI playing this game.

Hi @chesatochi
Yes I like to keep track of what I do in games too :)
Have a nice day and thanks for the comment
!BEER


Hey @chesatochi, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.