Should You Go Full APE? 🦍
NEVER GO FULL APE!
This was the phrase @themarkymark used while hinting at his new game called APE Mining Club (@apeminingclub) a few weeks ago. It's a virtual mining simulation game (now live). You can invest in different miners such as CPU, CLOUD, GPU & ASIC $APE rewards. Check out this URL: https://apemining.club/
What The Heck Is $APE?
$APE is the centerpiece of the whole game. You can buy miners using $APE tokens that are inside a pool. Each pool issues a fixed amount of $APE. Investors can boost to 2x the amount of $APE issued by the pool using STEM tokens. Also, pools can be owned by anyone with STEM Tokens. Every time someone steals the ownership, the amount to steal doubles for the next one.
How To Play
Gameplay is pretty simple and straightforward. Buy miners and see your $APE tokens growing. There's a 'how to play' section which explains everything in brief.
Gamification In Ape Mining Club
Most of the time you won't be doing much but there are a few gaming elements in the club that you play with.
- Stealing: Stealing the ownership of the pool would give you the chance to get 10% of all the miners sold in the pool. And every 24 hours, the amount to steal is halved so it's a good chance for anyone to participate.
- Boosting: Earnings of each pool can be doubled by boosting the pool before the end of the day, which anyone can do. This will help all the members who bought miners in that particular pool and its effectiveness is reduced to half after the day ends. We still don't know how much is required to boost each pool.
Note: All rewards are calculated and paid during midnight UTC, so boost the miner just before that to get 200% rewards.
Should You Go Full APE?
YES - If you are STEM HODLER, it's great news for you because a lot of burning will happen due to ownership stealing and boosting. By participating in the game, you get the chance to earn more APE tokens which are getting burned everytime someone buys a miner. There is a max supply of 2,500,000 tokens which makes it a lucrative investment for anyone who is looking to invest for a few years. Without buying miners, one can earn also earn $APE tokens just by holding them in your wallet.
NO - If you don't like games where you really don't have to do much, then this one is not for you. As mentioned above, the gameplay is pretty basic. Also, once you buy the miner, there is no way to resell it for now and I am not sure if such a thing is planned in the future. I thought there would be NFT elements in the game in the form of miners but that's not the case. Maybe in the future, we might have something of that sort as well. @themarkymark, what do you think, good ape?
I hope this blog everyone understand a little more about the game. Please let me know in the comment section if you tried it yourselves. Also, don't forget...
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I got a little ape but not playing. Bought some CPU and Holding a little on hive-engine to see which is more profitable.
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Same to same @cflclosers, got some APE. Spent half to buy CPUs, the rest is just sitting in the wallet. Using APE rewards, I will buy more miners and get more APE.
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Ye, I bought a couple of miners myself. Pretty Basic and simple. I would hope for a bit more functions in the future 🙂 But hey, thank you for some input🤙
Hopefully Marky adds NFT elements too. Right now there is no way to sell your miners and get your APEs back.
I think there is also no limit to the number of miners that can bought inside a pool.
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That should be somthinge to add, yes.
There is no limits to the numbers of miners? Is that right @themarkymark?
Right
The equipment is locked once purchased.
I am mainly just holding my APE in my wallet. I only bought myself 5 APE so I just don't see any point in getting into equipment right now.
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Yeah. Rewards seems to be less when you invest that much for now even though we boosted a couple of them. I got around 11 APEs. Got miners for half of them. Will add more if my budget permits.
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