RE: I invested $500 in a beta NFT game: the results will surprise you.
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Hi @wizloge
Honestly I think you are not up to date on this game and have not delved into the dynamics and have not read the whitepaper. The rewards have never been active and that is why this analysis of yours has no concrete basis.
How can I recover in 31 years an investment in a game that still has no rewards?
The only data you have is the cost of Lady luck packs
You write that with 147 packs of cards purchased you would earn 14.7 hot sauce per day? On what basis if you make this calculation?
I purchased only 25 packs and with only 35 staked cards I produce 132 hot sauce per day.
Your analysis at this stage has no basis because the rewards are not active and I honestly don't know how you can calculate the colony earnable per month of something that doesn't exist.
I was intrigued and interested in your title but then reading I found out that you did not invest but simulated an investment in a project/game and your analysis has no data to justify your calculations
I am really curious how you arrived at your results
Thank you very much @libertycrypto27 for your comments and before doing this simulation the first thing I wrote was this
And I'm checking that because you tell me I was wrong in my numbers, but I also said that there are many variants in this; if something changes, the simulation changes too. I took all the information from the page, but you tell me I'm unfounded, and I respect and appreciate that. When I make a post, I always say that if I'm wrong, they should leave it in a comment. But I'm seeing that people, or very few people, don't bother to read it, which you did, and I'm happy about it. So, to conclude, what you tell me is another variant of a result, that's what I think.
Hi @wizloge
I initially interacted with you in good faith because no one is perfect and everyone can make mistakes but I would have expected another response instead of:
I asked you two specific questions about your simulation calculations.
You did not answer me because I think there are no calculations behind your simulation.
Your simulation does not have a correct or real calculation and I explained why.
1 ladyluck packs costs 4 SCRIPT = 6.12 HIVE = $1.47
The reward token is COLONY, not COL (which doesn't exist).
No rewards have ever been distributed yet! Calculating a "31-year ROI" makes no sense in this context = is an imaginary calculation.
There's no direct correlation between number of packs and Hot Sauce production: it depends on card rarity, merge count, and staking slots.
To stake NFTs and produce Hot Sauce, it's mandatory to stake 2 SCRIPT per NFT, something completely ignored in your post.
Your estimated daily Hot Sauce (14.7/day for 147 packs) is absurdly low because I produce almost 10 times that with only 25 packs and 35 staked cards.
The title says “I invested $500”, but the entire analysis is a simulation based on incorrect or invented data.
Hive is a great place to share opinions and ideas, but also a place where accurate information matters
But above all, the reader deserves respect, and you have not respected him.
You could have written for example “I made a mistake and made imaginary calculations without data or without delving into the dynamics of the game” I would have appreciated your sincerity.
Nothing personal but this post is worth 0 because it does not respect the reader. For this reason I downvoted this imaginary simulation.
In the next ones try to do correct analysis with correct data and show how you arrived at your results otherwise on Hive anyone can throw random data passing it off as true.
Hive rewards should go to content that adds value, not confusion.
Please take more care with data and facts in your future posts
@hivewatchers I am not an AI expert but this post with so much invented data looks like (I have no certainty) a post generated by a wrong prompt with little and incorrect data provided
Don't worry, I'll put it there myself https://prnt.sc/Qjv-XXKe9y6g and I said I was wrong, this is not so you can accuse me of using AI.
https://quillbot.com/es/detector-de-ia?aiDrShareReport=true&permissionId=c19726b2-4ca7-40bf-985b-4137574997d7&documentId=ae1c3f0b-d09a-4cba-929c-f6c9c4e41861
@wizloge I did not accuse you of anything about the use of AI because I wrote that I am not an AI expert and that I have a doubt not a certainty.
But let’s be honest:
If I ask you how you calculated the results you put in YOUR post and you don't answer me, what should I think? To me it looks like you don’t know how to justify them = you didn't calculate them = I have a legitimate doubt that you “misused” an AI or generate random numbers.
But let's go back to facts:
You wrote that the estimated earnings are 13.2 COLONY/month.
At the current COLONY price of $0.0002971, this means:
13.2 × 0.0002971 = $0.00392 per month
$500/$0.00392 = 127,551 months/12 months = 10629 years
NOT 31 years but 10629 years
But the real and serious problem is not the miscalculation.
The problem is that you are giving an incorrect and untrue information because stake house den is a game in testing phase that doesn't distribute colony = you can't calculate an investment refund or an ROI because there are no rewards yet and there never were
Please next time put or do the calculations when you do an analysis or simulation so you can realize the errors yourself...because in your post there are only errors not simulations or estimates...there are only errors as huge as a mountain
Are you annoyed that I had the doubt about AI usage?
Well, I'm certain about this: your post is not a real simulation, it's a disservice to the reader starting from the misleading title (“I invested $500 in a beta NFT game: the results will surprise you.”) to the body of the post where you have presented unverified or random numbers without any calculation.
Fairness and respect to the reader is important here on Hive and this advice consider it gold
And thank you very much for your help.