MoonKart Journey : Staked 50k Colony Token, Milestone Completed

Hello all Hive People & Play2Earn lovers,

Captured form Arcadecolony

I have started playing the MoonKart a play2earn game on Hive blockchain recently. I will not say that I have become a expert as I am still learning and trying to make myself fit in leaderboard. The main factor which effect the leaderboard position is the number of game played and the multiplier factor.
I have not purchased any new game NFT or pack recently and the reason is lack of fund i.e script token with me. I checked the market price of Script token on Hive Engine but the current price was on higher side so I decided to place some buy orders at by expected price. The Script token is main asset to purchase the assets in game other then the credit which need fiat currency to be honest the Script is in good demand at present. The one part of the game is liquidity pool which is not explored by me till now and thinking of adding dome liquidity to earn Colony token.

Colony Token Stats

Colony and the Script are two token in Moon Kart game ecosystem, their are some direct and indirect benefits of when holding those token in staked condition. At present we are the in the 44rd season of the game and I am holding the 50,640 Colony token and most of them are in staked condition. Recently I purchased some Colony token form the market, so the purchased token are in the liquid state in the above pic. If you want to be on leaderboard then the staked colony token plays a very important role as they are directly linked with the ranking points we earn for completing the ranked race. So increasing the staked quantity of colony token means more rewards form the game play. I was targeting the 50K staked colony token as I mentioned in the previous post also. Today I am staking the all purchased token and in this way completing the milestone of the 50k colony token staking.
Below is the screenshot of different buy orders executed on Hive-Engine.

The first order was of 13295.231 and the price was 0.00084997 Hive per Colony token and the second order was for 943.528 quantity of token and the price was 0.00084998. On average the price for complete purchase was 0.00849793 Hive per Colony token.

Now the next step was to transfer the Colony token form Hive-Engine to the game wallet and then staking. The process is very simple and completed in the within seconds. Go to the wallet section in game and click on Transfer option.

Next is to choose the one option form Transfer In or Transfer Out. Transfer in is to transfer to the game wallet and transfer out means to taking out form the game wallet. Choose the Hive-Engine from the drop down menu and enter the quantity.

Next is to stake the transferred token, Here is the screenshot after staking.

If we look at the over all Colony token stats then at present the 334306056 token are in circulation and 227730003 are in liquid state and 106576054 are in the staked condition. Approximately 31% token are in staked condition.

The current is going to end in next 10 hours approximately. Its weekend and I have enough time to play the game and secure some place in leaderboard. I am collecting the fuel form couple of week so has sufficient fuel to play 5 to 6 games or more also. Lets see what rewards I will earn in current season.

Next milestone is staking 100k Colony token.

What are your views let me know in comment section.

If you have not tried any of the ply2earn game and you are a gamer, them I highly would like to recommend you the try the play2earn games available on the Hive blockchain. Arcadecolony would be perfect option for you and start with MoonKart along with Splinterlands.

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Source of Images - Moon Karts official site, edited in Canva.

For more information about the platform, read the Whitepapper.

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