Genesis League Goals - Will the Prediction Market Change Everything? My GLX Stake Continue to #HODL & #BUILD...

Hey All,

It would be right to say that I have invested in many game here on HIVE blockchain. You name it and I am sure I would be having some sort of stake in the game from Splinterlands to Moon Karts to dCity, dCrops & Genesis League Goals and many more games - I am holding a decent amount of NFT [Non Fungible Tokens] and their associated in game tokens. The best part is that I believe in staking the tokens and earn a decent passive income stream and from time to time when markets are down and the token have taken a hefty beating I buy those tokens in bulk and add them to the staking pool.

So moving on lets talk about a bit on the early concept art of the prediction market game. I got this image from the official announcement channel of Genesis League Goals and is a bit old news though. But if you see the above image it speaks a lot and one can imagine that its all tied to sports betting. Be ready to enter the journey of sports prediction/betting where one could be rewarded for predicting games. It could be as simple as you prediction was right you WIN and vice versa you LOOSE if your prediction was not correct. We can also make from the above image that the #GLX token comes into picture here. Which would mean the winning players get a chunk of the GLX tokens from the rewards pool, and in terms of how many tokens they will get then I think it would all depend on the amount of #GLX one has bet plus their current stake. Please note these are just my assumptions for now based on the image and the final criteria and reward could vary accordingly once the predication market goes LIVE. Ok now before I move on the the #GLX part, I wanted to just touch base upon the Winning probability parameters that you see on the image. As evident PHILADELPHIA [10 - 2] is showing 72% winning probability when compared to NEW ENGLAND [3 - 10] for which it is showing 28% chances of winning. So if NEW ENGLAND wins which only has 28% winning probability and players who have bet here are going to get bigger reward in the ratio of [3 - 10] as only a few players are betting for New England. In short the probability ratio will come into play and rewards being paid out will depend on that as well. So for now we just need to wait and see how things unfolds here on the Genesis League Goals gaming platform. Lets now move on to my #GLX current stake and plans ahead...

Speaking of NFT cards first then let me tell you that I #hodl 47+ GOLD foil cards and they are worth more compared to regular cards. For now I am not counting the regular foil cards and I hodl all these cards in the game from day one i.e. haven't sold a single card to date. And the same goes true for building and holding stake in #GLX token. Yes its right, I have 102K+ GLX staked and the rewards that I get in the form of GLGT is also staked back to the staking pool for now. Here is some stats around GLX token taken for the gaming portal.

Approximately 54.00% of the total supply is staked. Which I think overall is healthy for the game. More the stake the better it gets and open doors for more opportunities. My Plan ahead is stay invested for now. There is no plan whatsoever to unstake but rather is to get this number 102K+ GLX staked to 150K+ being staked. Right now one can grab 100K+ GLX for around 600+ #HIVE from the internal market i.e. Hive-engine at a selling price of 0.0069 HIVE for one GLX token. Not a bad deal at all considering if you are looking for long term gains here. Well I guess this should be it for today post on - "Genesis League Goals - Will the Prediction Market Change Everything? My GLX Stake Continue to #HODL & #BUILD..." Looking forward to more updates on the Prediction Market and I am sure once this is out this is going to be a game changer here on the Genesis League Goals gaming platform. Happy Investing & Gaming.. GLX to the mooon soon... cheers

Are you stacking up $GLX... Do you feel that $GLX is going to be the Next Big thing in NFT? What is your strategy looking for $GLX token? Let me know your thoughts in the comment box below... :-)

#glx #sps #staking #apr #leodex #splinterlands #glct #node #glxnode

Best Regards

Image Credits:: genesisleaguesports, leodex, hive-engine