Genesis League Goals - Packs staking will harvest more GLX tokens for the investors
Genesis League Goals packs could be staked for a while and tomorrow the GLX rewards will start coming to those that invested in them. Not sure about the ratio or how much that will bring, but I hope that my 127 GMLSPA Packs staked will bring a bit of joy in this crypto winter. Buying in over 100 packs I've already got 10 packs as a bonus and with the others I think that I hold a good amount to have some NFT cards to score some goals when the game launches.
From the Splintershards (SPS) holdings in the Splinterlands, I am already being airdropped around 50 GLX per day which I used to buy some HIVE in the beginning when the price was quite high and now with GLX rewards from the packs, I should be able to build a good stash before the game will be launched. I might still trade some GLX on the market if the price will still makes sense, but if not I will simply stake it as I believe that once we get closer to launch the tokens will increase quite heavily in value. If also the bull market will show its face, that should be so much better.
The sports game industry is a monster and I think that Genesis League Sports will attract an abundance of new users on the Hive blockchain as I see them as different from Splinterlands. Simply it is a new type of game, it is a new type of sport, and it addresses a new market (US MSL in the beginning) so we should simply bring new players. This will benefit us all from this blockchain and will be a marketing tool that could expand the use cases in so many directions.
I am not sure about you, but I am quite happy with my returns from the GLX airdrops that I got so far and I think I covered even the investment in the packs. I expect a great future for GLS and I barely can't wait to see the game in action. Until now, I just invite you as well to join GLS and make yourself a great Sport name!
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Well, I wish you all the best with your GLS endeavors.
After reading your GLS related articles I too started staking GLX derived from staked SPS. So, thank you again.
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Glad I could help, GLX was a pleasant surprise at the end of the year. I could cash out 1,200 HIVE out of it and now I moved to staking and waiting for the price to rise maybe to trade some more.
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Im getting quite excited for this game. Its gonna be huge.
The sports industry is a monster and we enter it with GLG. It's just the beginning!
Yeah, im getting very pumped about it !
I think I might open my genesis account. As I have 3 GLX tokens still to claim !
Better do it, there is still value to be harvested.
Good luck with genesis but I wonder if this will increase the selling pressure on GLX. Do you know when the game will be coming out? I think it's tough because they had to lay off part of their team.
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Not sure about the release date, but they already have a team on it and reuse some of the Splinterlands' infrastructure. So it will not be like starting from scratch and just need to innovate on the game dynamics and types.