RE: Magic Dice, Pretty freakin slick
I also play bc it’s fun and I am trying to accumulate Magic tokens which I a making a speculative bet that they will be worth something in a few years due to the dividends as the game and platform grows. Did s DCF valuation using my dividends received and the token value at a 15 to 20 discount isn’t much but if it is eventually allowed to be traded when SMTs are launched it could be a good opportunity since then the tokens will have liquidity and essentially I have paid nothing for these as I have not really lost much at all yet. Now I just use the max odds of winning bet to basically farm the token. Also As the users Increase on Steemit we should see higher dividends as discussed bc there will be more house edge to distribute. Hoping we can get liquidity soon so I can tell what these are really worth!
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That's exactly my thought process, couldn't put it better myself. Also, any clue when smt's will be up and running, they have talked about it for a year now
Who knows haha I’ve looked everywhere and no definitive answer. Hope this year! I would live to know what they are worth. You could come up with sone estimate based on average dividend yield per token and use the discounted cash flows method to value the cash flow stream if it were to continue l. This cold get s rough idea of value per token but it would have a very wide margin for error lol. At least would be something though. I will prob do this for now and use a high Discount rate due to uncertainty of the token. Just want an estimate on my balance sheet for value.