Game or Reality? .:. dCity Investment Progress

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It's scary how the dCity game is very look-alike the reality today... We have hit 100% taxes, and watch out, don't leave your keys to the game it will take your SIM out from your wallet! Just kidding... they will not... I hope...

But, if you compare it with real life, that isn't that far from the truth... I don't know about you, but all these big companies have the right to take money from my bank account whenever they want... And I'm not talking about banks (they can do whatever they wish), but about electric companies, water, tax, etc...

At this moment, I'm not sure who is the "prophet" today? The dCity game, or our reality, and the game is just following?

dCity001.png
Screenshot from the game

At the very beginning, I would like to clarify few things... dCity is a kind of investment game, which implies that you have to invest money (crypto, or however you want to call it) that you can play it... And that means that you can win, but you can also lose your investment... So, NEVER, but NEVER invest more than you can afford to lose... I have invested an amount that I can afford to lose, and I'm fine with that...

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Yes, you saw it right when you opened your dCity account, that is NEGATIVE income on the map... It doesn't mean that they will take your money, but it does mean that you will not receive anything that day (except WAR profits and extra rewards for rankings)...

I was worried before for the game, but seeing some of the OGs of this game quitting, makes me even more worried... Anyways, I will not quit, but continue to split my 50% withdrawals, 50% reinvesting profits strategy... I know it will not get me far away, but I will be there... ;)

I have increased the population of the main city by a couple of souls, and I have worked a bit on the creativity aspect, too... In the background, I have unlocked complete Economy branch technology, and I'm working on unlocking Health at the moment...

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The reason why my main city is at the same amount of citizens is that I have transferred them into my second city... It has almost 30 people more, and I have moved some farms and Ad Agencies too, just to push more creativity there...

All the rest is the same, and as you can see, taxes are here the same, so no income in this one at all... (in the first one I have MICs, so there is something... at least)

dCity002.png
Screenshot from the game

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The SIM token market always surprises me... :) Firstly, I did say last week that we will probably see some big move in the price, and it did happen 2 days after that post... Also, I did say that it will probably go down, but that was something that everyone expected...

The thing that surprised me is that the price is recovering last 2 days! Maybe 100% tax has sense and it stopped the dump, or it's something else that is the reason... If you know more about it, please let me know in the comment section...

SIMCharts.png
Screenshot Leodex.io

As I said at the beginning, seeing big players planning exit strategies doesn't motivate me a lot to continue with explorations of the game... Besides the fact that I didn't have time for playing during the week, that is another reason for not having that "spark" for diving deeper into it... What's your view of the game? I would like to hear what are your plans with your decentralized cities...

All that I have stated in this post are MY OPINIONS and SPECULATIONS about the game... Please DYOR and give me your opinion in the comment section... I would like to hear what do you think about all this!

Thank you for your valuable time,

~ph~


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If you want to support my witness, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses, or just scan the QR code down below...

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Lack of time and 100 percent taxes or high taxes over the last month(s) caused me to loose interest. I am out (for now).

!BBH

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Fair enough... I have to say that I lost interest too when the 3rd edition cards were delayed for the 2nd-3rd time...

High taxes really have a negative impact on the whole game experience... :(

!ENGAGE 10
!PIZZA

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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I think the current president has already stated that the taxes will be high for a while. Even if he were to reduce things, I think the taxes would still be around 70% but I am not completely sure. I plan on sticking things out and see how many people are left.

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Agree with you about the taxes... We will probably never see again tax under 70-80%.

!ENGAGE 10
!PIZZA

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@ph1102, sorry!

You can call the PIZZA bot a maximum of 10 times per day.

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I like the game and it has potential, but the taxes are way too high for anyone to really stick around. I want to be able to reinvest in the game but I have to wait to accumulate SIM to do that.

The taxes need to be set as a reasonable rate.

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I do understand the idea of high taxes, as they should "protect" the value of the SIM tokens... But, like you said, "people will not stick around" and there should be another way to do that...

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@ph1102, sorry!

You can call the PIZZA bot a maximum of 10 times per day.

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I have to say I don't do as much with it as I use to. The high taxes means everything has pretty much become stagnate other than earning from military. Officially stopped buying any sim as well.

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And the price of MICs went through the roof because of high taxes... I suppose that the income from war profits will also go down (more than it went already)...

!ENGAGE 10
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Sorry, you're out of LUV tokens to be sent today. Try tomorrow. (Having at least 10 LUV in your wallet allows you to freely give 3 per day.)

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Like any investment I have put in what I'm willing to lose. And with my withdrawals being reinvested in other things that have profited, I think eventual in game loss is more than balanced out right now. So I pretty much have a top 300 city for free now, which I will ride out until whatever.

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So I pretty much have a top 300 city for free now, which I will ride out until whatever.

That's the kind of idea that I had... To try to keep my city in Top 200 with re-investing part of the "profits" (if any are... lol... )

!ENGAGE 10
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This is just the dcity bear market we're in. Just like any bear market it will probably pass, while some leave in the meantime.

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My overall Dcity investment is currently negative and it is all due to week SIM price and rock bottom card prices.

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I didn't want to make my investment breakdown at all, but I suppose that I'm in the same pot as you... I suppose that the only people in profit are early birds, and I'm not that "early" :)

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Yeah these high taxes are no fun, and as you said the only ones making any income is either MIC or from ranking, and the curent president ranks no.2, that is where I think the explanation lies.

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Things don't look very promising on the short term. And if people start leaving or stop reinvesting at least part of their profits, it doesn't look good on the long term either. About taxes, I believe mostly everyone hates how things are now and how they were for some time and apparently will continue to be.

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I started to read your comment and prepared a question for you after the first sentence... How do you think that it's promising in the long term? :) But, you explained the rest...

Actually, maybe there is a chance to bring up the game, but it would need some serious changes to tokenomics... And probably a lot of "whale" players wouldn't like that... Honestly, I think that there is a way to bring the game back, but not sure that there is a will from developers...

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(Edited)

DCity is a good experiment about inflation. I think many DeFi platforms could (and should!) learn from it to see what happens when you start massively ramping up inflation.

I heard quite a few people stating here at LeoFinance that it'd be novel, and a good idea, but it seems like none of them are taking the lessons from DCity at heart, which is that rampant inflation will kill your token in the medium term.

100% tax is a wise move imho. The trap of high Hive / low SIM is real for the game, and a temporary high tax is the best way to avoid it without being the core developer.

DCity has a small development team (3 people I believe) and the 3rd edition was a big overhaul, so the delays are understandable. What will decide its fate in the coming months is how well they coded things up during this overhaul.

If they manage to drip-feed cool new merge buildings and other features at a steady pace now without much effort, then I think a new golden era of the game may well be coming fairly soon! But if there will be 0 changes and updates until a 4th edition a year from now, then the game surely will dwindle.

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I was reading your comparison of LEO with dCity and had in mind CUBs... It has crazy gains, they are investing tons of money and development there (LEO team), forgetting about the core (LeoFinance platform, Hive, etc)... And you said well, they are similar to dCity... had a lot of focus on 3rd edition cards, but while we have waited for them, some other problems got too big...

Those problems weren't fixed by 3rd edition cards as it was not the plan at all... So, as you said, we need to fix it first, and then continue with 4rd edition, or whatever is the next big step...

Thanks for the awesome comment!

!ENGAGE 10
!PIZZA

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Yes @ph1102 ! Great write up - I had high hopes for this game a few months ago after talking to some folks on Hive, and it worked as they said; I was pretty excited for the 3rd edition too, thinking it would draw in new players and generate a wonderful ecosystem...but as it currently is, I'm not as confident about its longevity. I continue to play/hold my SIM too, but I would not blame anyone currently for not investing in the game as is. I wouldn't do it if I started from scratch today too.
Just my opinion of course...

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I have started to play the game relatively late... I think it was December last year, or something like that and at that moment, the game was already a year old... Maybe it was then at its peak, and everything was running smoothly... Probably because of that, I got into it...

It's not that I didn't do my research, as a matter of fact, having those developers' names behind it gave me more confidence as they "know how tokens work"... But, delays were just too long, and in my opinion, if 3rd edition cards got out around New Year, they would fixing things at this moment, and everything would be healthier... Not saying that it's impossible to fix, but it will take time...

From players' point of view... We can quit or continue cruising... As I said, I will do 50-50% from profits... (withdraw - reinvest) if there are profits at all... And, no blaming anyone... People should do whatever they want with their money/stake... ;)

Thanks for the comment! Appreciate it!

!ENGAGE 10
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