Over one year ago i went cold turkey on playing Dcity and being active on Hive. Untill then i had always been a true Dcity affecionada, enthousiatic community member and doing my part in promoting the game and sharing thoughts on game development.
However, for some time i had been getting frustrated on the lack of developments i felt were necessary for longterm sustainability, the non-focus on marketing and most of all: the inability to influence any of the actual going on's. At the time the game had, imho, a real momentum that had to be capitalized on, in order to grow into a true powerhouse among investment games.
Tired of talking to a wall, i gave up on Dcity and went on to other things of interest elsewhere. I watched how SIM price dropped and HIVE price roared. How 3rd edition came and how it added to the game and where it failed to deliver that what i hoped to see in 3rd.
And then @gerber changed the SIM to HIVE peg
Before the introduction of holding rewards there was only one sim/hive peg: The 800 sim or 4 hive price it costs to buy a newly issued card. That peg is clearly busted at current SIM price and is due for some major overhaul, but that's a story on it's own, which i'll skip on here.
With the introduction of holding rewards however , Gerber basically introduced a second sim/hive peg, giving SIM a HIVE value based on return on investment. As the holding rewards are in HIVE and come from actual investments, they reflect a sim to hive value based on APR in HIVE. If SIM prices drop, APR goes up, as the daily distributed amount in HIVE stays the same. Higher APR makes buying SIM more interesting, so SIM price goes up again and APR goes down with it.
This creates a certain bandwith between SIM values, based on the daily rewards in HIVE and gives the game a fluent peg instead of a static one. A peg based on supply, demand and sustainability. The only thing that concerned me was how sustainable the almost 400 HIVE in holding rewards really, but the global reward pool seemed steady atleast, so to me that all looked promising.
And then i saw the holding rewards were halved and thought all was good.
Well, all is not good by a long way, but still this halving makes it so that, imho, the holding rewards in HIVE and the results from investments are in sync and reflect the actual value of SIM in this actual moment in time.
Kinda close to what i wanted Dcity to be...
Kinda, because there is much more to what i wanted Dcity to be right now and i can't help to see missed opportunities and lotsa things to do, but still it's a gamechanger.
Did someone mention hive-only cards yet?