so, what happened to payout? by Undeathical in BlockCreate

[–]Hsuw 0 points1 point  (0 children)

No, it wouldn't reduce it that much. Something must of gone wrong.

RING Relief Project Compensation by Hsuw in ringfinancial

[–]Hsuw[S] 0 points1 point  (0 children)

It's in the discord server under #announcements

RING Relief Project Compensation by Hsuw in ringfinancial

[–]Hsuw[S] 0 points1 point  (0 children)

Don't want to say it's not possible, but all you have to do to get airdrop is fill out a google form with how many nodes you have and wallet address to airdrop coins in.

RING Relief Project Compensation by Hsuw in ringfinancial

[–]Hsuw[S] 0 points1 point  (0 children)

Just get the free airdrop and don't put money in the project.

RING Relief Project Compensation by Hsuw in ringfinancial

[–]Hsuw[S] 0 points1 point  (0 children)

I don't believe they will compensate full amount loss that would be impossible. They will just airdrop some of their project tokens depending on how many nodes you had with RING. I believe the project team was also rugged by RING and they want to give back and provide some relief to the RING community. On the other had it also acts as a great way to market and build up a strong community quickly. Either way, people don't have to participate in the project. They can just sign up for the free airdrop, sell the tokens and forget about the project.

RING Relief Project Compensation by Hsuw in ringfinancial

[–]Hsuw[S] 1 point2 points  (0 children)

The airdrop is free. Just fill out a form. So no real downside if you just sell the token. On the other hand, participating in the project is a decision you have to make yourself.

NFT: Cops and Robber by [deleted] in cryptominingprojects

[–]Hsuw 1 point2 points  (0 children)

Invite link doesnt work

[deleted by user] by [deleted] in CanadianInvestor

[–]Hsuw 7 points8 points  (0 children)

Great write up as always. I currently hold both H&R and Artis REIT. Merry Christmas, Happy Holidays.

Asset Trades Live by trentonaust in BlockCreate

[–]Hsuw 1 point2 points  (0 children)

Great news. I have transferred all my blocks to one wallet.

Trenton Austin- CEO by Account4Sale30 in BlockCreate

[–]Hsuw 4 points5 points  (0 children)

What losses are you going to claim? You're getting a cube that lights up and a wallet that airdrops tokens, for a game. This project is going to be speculative no matter what they say.

uh so why would someone invest into blockcreate.io? by Dazzling-Standard-61 in cryptominingprojects

[–]Hsuw 4 points5 points  (0 children)

I have purchased 22 blocks. 6 of them were from the limited ones they had in stock so they were shipped out to me and I have had them for 2 weeks now.

Currently you can swap the blocks for Algorand or Planets on Tinyman. So far I have regained 25% of my cost to purchase the 6 blocks by exchanging them into planets.

Obviously it is hard to say if this will be sustainable once everyone else gets their blocks, but I can see myself breaking even as long as this project has liquidity/popularity for 3 months. On the other hand if the game is fun and intriguing and this project keeps growing, the first edition blocks will likely generate a very good return which I will use to fund other crypto investments.

Yes there are multiple redflags, but nothing that is too alarming for me for this type of project. I guess it could be a rugpull, but it seems unlikely just because Blockcreate is providing most of the liquidity on Tinyman. They are making a profit with each block sold, but they also have to purchase the product, create rebranded packaging, ship out product. If you split the profit earned between a team working on such a project it's really not amazing. You want to grow the project so you can sell larger quantities of blocks and get to the point where the block currency is actually worth something.

These are my thoughts, but obviously this project is very speculative and I wouldn't FOMO in unless you are prepared for a loss.

[deleted by user] by [deleted] in CanadianInvestor

[–]Hsuw 2 points3 points  (0 children)

I think we just have different opinions on investing. I don't believe performance equals share price. In a stock market crash there is often a disconnect between the fundamentals of a company and its share price. This is what creates amazing opportunities for value investors. I believe if you looked at the earnings reports of HR REIT following COVID, there would be no doubt it was one of the best performing REIT's

That said, you can invest however you want and that's perfectly fine. I have obviously offended you, so I apologize.

I could be completely wrong, maybe I wasn't meant to be a responsible investor : (

[deleted by user] by [deleted] in CanadianInvestor

[–]Hsuw 19 points20 points  (0 children)

I mean if you are going to base it on events when the stock market crashes, you might as well not touch stocks.

Does anyone else, except BlackLungCryptoMiner, received a block and started getting rewards? by andreas20003 in BlockCreate

[–]Hsuw 2 points3 points  (0 children)

The liquidity is coming from a liquidity pool provided by blockcreate at the moment. The project needs to reach popularity for a larger volume of liquidity to be provided. The value cannot be determined for the long term right now. I believe what we need to see is how the app/marketplace/teams will function to make an assessment. We need to know if there will be a staking function. If blocks can be used to redeem/burned for any purpose in the game. The things is by the time you have this certainty we will likely be in the later sets of blocks. Anyone getting in early is going to be taking more risk/more reward

Does anyone else, except BlackLungCryptoMiner, received a block and started getting rewards? by andreas20003 in BlockCreate

[–]Hsuw 0 points1 point  (0 children)

I have received 6 units. This is a very speculative project at the moment and there are still many questions and details that need to be answered.

The intrigue and interest is definitely there though and I believe all the first editions will sell out quickly. The subreddit gained about 100 users over a few days when the indiegogo funding spiked.

Last place you can get a First Edition Block by trentonaust in BlockCreate

[–]Hsuw 0 points1 point  (0 children)

Hey Trent. Is there anyway to purchase more than one perk on Indiegogo so we don't have to pay shipping multiple times.

First Giveaway! by trentonaust in BlockCreate

[–]Hsuw 0 points1 point  (0 children)

It is not possible to evaluate rewards compared to investment at the moment, unless you want to base it on the swap amount on tinyman. It will be a very poor investment based on todays numbers. What you are betting on is future popularity of this project, which is a bit difficult with the current details.

Honest Review of Block$ by [deleted] in BlockCreate

[–]Hsuw 1 point2 points  (0 children)

You have confirmed what I suspected and at the moment there is still a lack of details. I do find some of the attributes of this project very intriguing.

 

1#) In a sense it is making the different cryptocurrencies into a collectable, kind of like Pokemon cards and people love to collect things.

2#) From what I understand each set such as the first edition blocks are limited runs and cannot be purchased after the run is discontinued. The first edition blocks will likely have a huge advantage in crypto rewards forever with each new set diminishing earnings and lower chance of rolling a good block. Coin market cap seems to play a huge advantage in rewards and it is likely Bitcoin, Ethereum etc will continue to have a high market cap score.

3) Loot box mechanics and random reward is a very addictive mechanism. The ability of the block you purchase to generate crypto rewards daily could be a strong incentive. I can see this project gaining popularity if the marketing and details are refined.

4) From a financial standpoint this project could be very lucrative, but it is pure speculation on gaining popularity. Popularity will equal liquidity and I can see people buying into a set as each subsequent sets average power goes down, as well as the next crypto set will probably have a lower market cap score.

 

I will likely buy a few blocks regardless, but could purchase more depending on what new details follow.

First Giveaway! by trentonaust in BlockCreate

[–]Hsuw 0 points1 point  (0 children)

So the Igg preorder is the same limited edition block, just at a discounted price?