Genesis league is under development and there is no exact date available that when this game will launch. But the good thing is splinterlands team working on it and I believe in splinterlands project and that is why I want to focus on increasing my assets quantity in genesis league. One of the most important assets is GLX token. That does not matter that game is not launched yet but tokens and packs are there.
I am not the owner of even a single pack but I have GLGT and GLX that I get from airdrop and staking. I am not investing any money from outside but I like to invest what I earn from the genesis league platform. There is a new thing launched which is Franchise License that cost $10 and you can buy it by using Paypal and cryptocurrency. If you own this license then you can do multiple things on the game. such as maximizing the team's power, purchasing packs, joining and playing in tournaments, and Earning rewards from the matches that you won.
Holding 1800 GLX token
It could have been 3600+ but I didn't stake all. I staked 50% of earnings and the rest 50% goes to re-buy the Splintershards (SPS) tokens. And this is the major reason that my glx balance is low although it is not that much low. Currently, GLX provides 146% Annual Percentage Rate( APR) which is the highest. You can compare it with the sps and it is 6 times better than the sps.
SPS staking has multiple benefits which is why I am investing the rest 50% in the sps. Right now my first priority is sps but I will also set targets for glx and my target can be 5k to 7k glx tokens because I am not sure about that. I am waiting for shards which will be airdropped to the sps license holder after the GLS license sale will be completed. sps node validator license holder will get the benefit and if you want to know details about shards then recently splinterlands shared a post regarding shards.
once the presale phase has sold out, we will be taking a snapshot of SPS node license holders. For every SPS License Node held by user in their account (not hive engine) durning snapshot, one (1) GLS Node Shard will be airdropped. For example, if a user own 5 SPS License Nodes, they will be able to claim 5 GLS Node Shards. These shards can be used to redeem GLS Node License reserved for airdrop at a fix ratio. To redeem one (1) GLS node, ten (10) GLS shards will be needed. This means that every user holding 10 or more licenses will be able to redeem at least one (1) GLS node.
If you are planning to own multiple assets in genesis league then congratulations to you. I can buy some and some I can't. GLX validator license is also a product that I can't buy it. Other than the GLS license there are other things that will come too and I would look into it after the proper game launch. These things are available cheaply just for some time but when the bitcoin will cross the 30k level we will see a rally in alts as well. Maybe then we will miss the chance to buy cheap same goes for splinterlands. Everything is connected with the HIVE coin which is the major currency of the blockchain.
Till now everything is going fine and I have some future plans as well which I shared above. Between this time, We should not have to miss even a single opportunity like that shards opportunity and the 2-3 days ago sps staking promo sale held. We have to take full benefit which will definitely help us to increase the quantity of the asset. So what is your thinking regarding this let me know in the comment. Thank you.
Lucky Ali
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 | Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
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I'm with staking GLX ATM. Making small buys with these low prices now and then. At some point, I might move some back to SPS.
Also, bought a couple of packs more on H-E since they were cheap(~$2.5). They also generate GLX nicely.
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That's really good and it is good that you are taking benefit from every opportunity. keep on.
Thanks! So many good opportunities within Hive eco!
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