dCity:: Are you leveraging Tax reducing NFTs for your city? A quick Guide...

Hey All,

There is a lot happening here with the dCity game and the recent changes that has cropped up is around the tax reducing combine NFTs. For the detailed information refer the post from the dcity team - Tax reducing combined nfts. Well in this post, I will be talking about why it is imperative to combine building and get yourself a tax reducing NFT card. Sounds interesting and want to know more about it then lets first start this post with a refresher about dcity game.

So What is

In precise #dCity is a mathematical and trading game based on NFT [non-fungible tokens] available on Hive-Engine. In this game, you get to create your own city the way you like it. As a player you have an option to build your city with a variety of #NFT cards that represents buildings, citizens, technologies that ultimately helps you to earn income in the form of HIVE and #SIM token which is the in game currency token of the game & it also represent as a governance token of the game - which is quite impressive in itself. Players can also get many cards by playing and being active in the game. Currently by delegating HIVE POWER [HP] one can get the young citizen card for every 500 HP delegated. Along with a chance to winning a Influencer card and the best part is that you get #SIM token as well for delegating #HP. Check the full details here on the delegation of HIVE Power to @dcityrewards - Here dCity HP delegation rewards. So incase if you want to start earning some rewards in the #dCity game go delegate some HIVE POWER to @dcityrewards account and see for yourself how things unfolds with regards receiving a young citizen #nft card in the game and other associated benefits to receiving one raffle ticket for every 200 HP delegated to enter a chance of wining another #nft card in the game which is the Influencer card. Please note that the the raffle is held along with the distribution of delegation rewards so its a additional benefit to delegating Hive POWER to @dcityrewards account.

My dcity leveraging Tax reducing NFTs...

As you can see from the above image my dcity is leveraging most
of the tax combined NFTs apart from the Tax Collector card which is very rare and get you a tax reduction by 0.2% and this card is only stackable and the others aren't. So incase you are lucky to have 5 Tax Collector card then you can reduce tax in your city by 1%. Here is the stats of the Tax cards::

• Law Firm: 1%
• Large Garbage Dump: 2%
• Large Graveyard: 2%
• Large University Campus: 2%
• Law Corporation: 4%
• Tax Collector: 0.2%

So why I am emphasizing to have the above cards is for a reason which is tax reduction and the more percentage of tax reduced is more income for your dcity in terms of #SIM rewards. Its simple to acquire these cards all you need to do this is use the combine feature in the game, which is nothing but a different NFT cards are combined to get these tax reduction cards. Lets just take an example of Large University Campus::

As you combine all the cards listed above you get one "Large University Campus" card that results into reducing tax by 2% and other properties of this card are as follows::

Properties::

Income: -200
Popularity: 200
Education: 600
Required Workers: 2000
Tax Refund: 120
Decrease Tax by 2%

And in this fashion one need to acquire other tax reduction cards. So incase you do not have the NFTs to combine then you can buy them from the internal market or can simply by the Tax collector itself but then be cautious that these cards would come at a high cost. Well this should be it for todays' post. All this sounds interesting and to wrap things up, if you're someone who enjoys the art of building cities and wants to create a city according to your own vision, consider giving it a try to this amazing game #dCity, a try. It's not only entertaining to construct cities, but it also brings in income through various means. The most exciting aspect is that all the structures within the game are represented as NFTs, making you the proud owner of these NFTs, which can also be traded within the game's internal marketplace... cheers #SIM to the mooon soon... :-)

Have Your Say On - Tax reduction Cards, dCity governace token #SIM - Are you are #SIM Millionaire? Providing liquidity in pool SWAP.HIVE? - How is your dCity Building? dcity President; contesting elections - SIM Power....

dCity:: Are you leveraging Tax reducing NFTs for your city? A quick Guide...

Do you HODL SIM Vs SELL? Are you providing liquidity for SIM/HIVE pool - to get above 15% APR and other rewards #HIVE? What is your overall strategy looking like for your #dcity? Please let me know in the comment section below...cheers

Image Credits:: dcity, pro canva, nftmart, beeswap, hive-engine

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Stocks, Blockchain & Cryptos and have been investing in many emerging projects..