RPlanet Rig Sale
If you spend even a little bit of time over on the WAX blockchain, you have probably at least heard about RPlanet. Ideally, your experience with RPlanet.io is more than just a passing familiarity and you actually have some NFTs staked to the system.
I have been using the platform to stake many of my NFTs from various other project even before the team started to build out the full RPlanet game. Now besides just staking NFTs, you can also craft NFTs and own land that will have an abundance of uses in the future.
This past weekend RPlanet had their third round of mining rig sales. Mining rigs are special NFTs created by the RPlanet team that give you a significant boost in Aether per hour production over the NFTs you might have staked from other projects.
I was lucky enough to take part in the second rig sale and picked up a couple of mini and mega packs. The second sale took place a bit before all the hype around RPlanet really started to pick up. As I mentioned in my post last week now people are snatching up pretty much any NFTs they can in the hopes that they will be stakeable in RPlanet.
Up until the market pullback we saw last week, the Aether to WAX market has been on fire. It is super lucrative just to stake your NFTs and earn the passive Aether income.
Like many sales on WAX, the RPlanet sales have not been without their controversy. It is pretty rare that I see a smooth product launch on the WAX blockchain. To be fair, I think that speaks to the popularity of the projects on WAX. I have heard that TopShot isn't without its issues over on the FLOW network.
For the last land sale, RPlanet decided to implement a whitelist. Luckily I was able to be on that whitelist and I picked up some land packs. Many people were not as lucky and that caused a bit of discontent in the RPlanet community (Telegram). For this sale, they decided to not use a whitelist and just allow it to be a free for all.
Knowing that WAX Cloud Wallet was likely going to get bogged down with transactions, I decided to use Anchor. Sure enough, people trying to use WAX Cloud Wallet had very little luck getting the mini rigs, meanwhile I picked up three of them.
An hour later when the mega packs went on sale I think more people had switched over to Anchor because the 2000 of those available sold out in about 5 seconds. I think I could have snagged one if I hadn't refreshed my webpage, but I am stupid and I did, so I didn't get one.
As you can see, the mini packs are now selling on the secondary market for no less than $600 USD. I opted to open all of mine because I figured the Ather/hr that I can mine with them is worth more than the one time pay off I would get from selling the unopened pack. At the current price of WAX it would take me six weeks to make that much. If the price of WAX goes up, I could break even sooner. Not too bad for a $30 investment per pack.
As I said though, many people weren't as lucky. One of the things I love about WAX is the Cloud Wallet. It makes it easy for anyone to create a WAX account using a social media login. They need to get that working well with pack sales if they really want WAX to reach its potential.
Until then I think a lot of people are going to get turned off. I get it, there are a lot of moving parts between the chain, the wallet, and the third party hubs that host the sales, but it has been close to a year now, we should really have this sorted out.
As a footnote, one of the things I love about RPlanet is the ability to generate your own elements. As I mentioned, the rigs I bought added up to about 4800 Aether per hour. I didn't get better than a couple rare rigs, others were much luckier than me. Since I had some extra Aether laying around I decided to combine some elements to make a compass.
I spent about 2.5m Aether and a little bit of wax and fortune smiled upon me. I created a legendary compass. That legendary compass generates 7250 Aether per hour. More than all three of my mini packs combined. Then, this morning I decided to create another compass and was lucky enough to make an Epic. At ~3500 Aether per hour, that equals about 10k Aether per hour between the two compasses. How awesome is that!?
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Good contents 🤗
Thank you!
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It seems you the one to go to for NFT knowledge. Good job playing around with that. It is something that I have to learn.
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NFTs have been very good for me. I don't expect things to maintain at this same level, but for now they have given me the freedom dig into some of the other emerging aspects of blockchain. Things I probably would have been too conservative to invest my regular income on.
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Honestly I have been losing interest in WAX since they implemented some changes to the Aether payouts. At this point, I might just sit and wait to see what happens. I will probably get less Aether over time though.
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Most of the people that I know are actually getting more Aether per hour now after the staking pools were created.
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