Well the big day finally came! Zed Token is here and so far it’s been a wild ride. On Thursday morning stable owners awoke to their wallets having a nice surprise in the form of Zed Tokens. Based upon a June 1st 2022 snapshot Zed stable owners were rewarded based on horse ownership, number of paid/free races completed, number of horses bred with your mares, number of studs entered into barn, skin ownership and more. So depending on your ownership and activity you were allotted so much based on what tier activity level you fell in. 34.7% of the tokens have been set aside for this play and earn feature so more is coming down the line. As of this writing the coin has been as high as $0.1934 per coin with several stables being rewarded thousands of coins so it’s definitely triggered some major buying and selling. Zed Token tournaments (courtesy of our dude DanShan) and poker games have immediately popped up with the community wasting no time to find utility for the coin. With Zed just launching the token and not announcing the uses for it in game yet it seems there’s a lot of potential here.
Thanks for checking this episode out everyone I hope this helps clear up any immediate questions and concerns and make sure you check out our next episode and post where we’ll help everyone set goals that will help you get the most tokens available in the distribution pool for your stable no matter the size. Remember this is NOT A FINANCIAL ADVICE show. I can’t really speculate here about the long term prospects of the coin or cryptocurrency in general. But this is easily the biggest development in Zed since I started playing and I’m excited to see where it all goes. Spend wisely and never feel any shame for cashing out money if you need it.
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