This has been long, long overdue! Dada has been telling me for months to write about how much I "earn" from playing @rabona but time has been an issue (still is), but time will always be an issue. So what the hell, let's get on with it.
I probably still wouldn't be able to crunch out the numbers had it not been for the HiveTogether Tool that I just came to know about from @acidyo 's post from yesterday where he did a similar analysis of his investment on Rabona.
You may have noticed how I used the word "earn" in the first passage. The reason is, I don't really earn anything from Rabona, or any blockchain game for that matter. I am morally obliged to not take any money out. So whatever the game generates, it gets put back straight into the game to do training and stuff! With that out of the way, let's move forward.
One of the reasons I was putting off writing this post is because the major chunk of my return from the game was coming from the fact that Dada decided to support my team by buying a chunk of RBN from me every season, not that he needed the RBN, he just wanted to show support. But the reality is, not everyone has a well wisher like dada. So the numbers would have been vastly misleading.
But now with the exchange live, it is quite possible for people to get some returns of HIVE from RBN generated within the game. This is despite people dumping RBN left right up and down!
I have refrained from selling RBN at such low prices. But just to prove a point for this post I sold nearly 20 million RBN to eat up a good portion of the buy orders. Now this is not a very significant portion of my RBN holdings and I'll recover this amount in probably less than 12 matches. If you're playing in the lower leagues, it'll be a bit longer. The point is, even with such low prices I sold these RBN for about 140 HIVE. What you do with your 140 HIVE is up to you, I'll be using them to reset training sessions! I have created a separate account (@phoenix.inc) to hold all the hive I have extra from the game that I am not going to utilize immediately.
Finally, My actual Numbers
I used the Hive Together tool to fetch all the transactions from my account to the @rabona account and manually added up the numbers...I may have missed a few transactions here and there (there were a LOT of transactions).
- I have sold 1,886 HIVE worth of RBN to dada.
- I have received roughly 324 HIVE as season end rewards (I have consistently finished pretty high in the league of champions)
- And finally I have sold roughly 140 HIVE worth of RBN on the exchange.
It totals to 2350 HIVE "earned" from the game for an initial investment of 32 HIVE starter pack and maybe only 4-5 extra training sessions. Say 100 HIVE in total initial investment. That is 2250%, no kidding!
Even after 2-3 seasons into the League of Champions I did no significant extra training sessions, so it is possible to climb up the leagues without too much money put in if you play your cards wisely. But it is difficult to win the LoC without the extra funds. If you are just an investor, that shouldn't be a problem for you. But I like to win.
So it was nice to have that extra bit of training funds, which again, I only got because I was lucky enough to have a well-wisher!
But as I said, I am morally bound to not take any money out of the game, I put it all back in for training, freezing and unfreezing during/before/after training sessions (these are techniques that requires detailed explaining....maybe another post with tips and tricks ;)).
Because there were too many transactions, I mostly overestimated how much I spent for training and freezing instead of adding up 50 individual transactions to the decimal one by one...it added up to roughly 2260 HIVE. And I still have about 130 HIVE in my @phoenix.inc account for further training in the coming seasons.
Players who started playing from the very beginning have been waiting for months to
cash HIVE out some of their "earnings," so such a dump was not unexpected. But I am seriously hoping people will see the possibilities and stop dumping so heavily.
So here's a simple brain teaser for you guys....even 1/5 th of the peg price would be something phenomenal.
Hint : The current price is roughly 1/20 th of the Peg price on average. At the current price I could be "earning" 1000 HIVE every 30 days in the League of champions.
Do the math ;)
Posted Using LeoFinance Beta