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Investors always look for the next big investment opportunity as cryptocurrencies become more mainstream. However, not everyone has the financial capability to invest in high-priced tokens like Bitcoin or Ethereum. Fortunately, plenty of cryptocurrencies are available that are both affordable and potentially lucrative. This article will explore the six best cryptocurrencies under $1 with the potential for significant growth.
- Chiliz (CHZ)
- Harmony One (ONE)
- FightOut (FGHT)
- EstateX (ESX)
- Love Hate Inu (LHINU)
Summary
Why DigiToads Could Make a Superb Investment in 2023
Cryptocurrency investments have become increasingly popular over the years, and with thousands of tokens available, it can be challenging to choose which ones to invest in. One of the high-growth tokens that could make a superb investment in 2023 is DigiToads. DigiToads is a new cryptocurrency that offers exciting opportunities for investors to earn residual income through NFT staking, P2E gaming, and being a holder of TOADS tokens.
P2E Gaming
One of the exciting features of DigiToads is its P2E gaming platform. The platform allows players to collect, nurture, and battle unique DigiToads. Each DigiToad boasts its own set of characteristics, strengths, and weaknesses, making the game exciting and challenging. Players can acquire DigiToads through buying, trading, or even winning them. The use of TOADS tokens can enhance the size, strength, and abilities of DigiToads, giving players a competitive edge in battles against other players.
At the end of every DigiToads season, which lasts for a month, the top 25% of players on the leaderboard receive TOADS tokens as a reward. Additionally, 50% of the funds raised from the sale of items in the game will be allocated to the prize fund and distributed among the top 25% of players. This provides the chance for players to earn real money while playing the game.
NFT Staking
Another way investors can earn income through DigiToads is through NFT staking. Two percent of every TOADS transaction is added to the staking pool, ensuring that the platform can always reward its community members. The staking pool is then released to NFT holders who have decided to stake their NFTs at regular intervals. The longer an NFT is staked, the more the holder will earn in rewards.
TOADS Token Holders
DigiToads has a strong focus on community, and as such, the project is built to continuously reward its TOADS token holders. TOADS holders will be rewarded monthly from the prize pool, with 10% of funds raised being airdropped to token holders. This makes DigiToads an excellent investment opportunity for those seeking to earn residual income through passive holding.
The Future of DigiToads
The potential for growth in the DigiToads ecosystem is enormous. The P2E gaming platform and NFT staking provide investors with a unique opportunity to earn residual income. The company is committed to continuously improving the platform, with new features and opportunities for investors to earn income.
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Chiliz (CHZ)
Chiliz (CHZ) is a cryptocurrency that powers a blockchain-based platform for sports and entertainment fan engagement. Chiliz allows fans to buy and trade branded fan tokens that give them access to various rewards and benefits from their favorite teams and clubs.
Chiliz was founded in 2018 by Alexandre Dreyfus, a serial entrepreneur with experience in digital media and gaming. Chiliz is based in Malta and has offices in Turkey, Spain, Korea, Brazil and Argentina. Chiliz has partnered with over 50 sports and entertainment entities, such as FC Barcelona, Juventus, Paris Saint-Germain, Manchester City, UFC, AC Milan and more.
Chiliz operates Socios.com, a fan engagement and rewards app that uses fan tokens as digital assets. Fans can use CHZ to buy fan tokens of their favorite teams or clubs on Socios.com or on other exchanges. Fan tokens allow fans to participate in polls, surveys and quizzes related to their teams or clubs and access exclusive content, merchandise, events, and experiences.
Chiliz also operates Chiliz Chain, a proof-of-authority blockchain that hosts the fan tokens and provides security and scalability for the platform. Chiliz Chain is compatible with Ethereum and Binance Smart Chain networks. Chiliz also plans to launch Chiliz Chain 2.0 soon, enabling smart contract development on the chain.
Chiliz aims to become the leading digital currency for sports and entertainment by providing a web3 infrastructure that connects fans with their favorite brands. Chiliz also aims to democratize fan engagement and create new revenue streams for sports and entertainment entities.
Harmony (ONE)
Harmony (ONE) is a cryptocurrency that powers a blockchain platform for decentralized applications (DApps) with high scalability, low latency, and low fees. Harmony aims to compete with other Layer-1 blockchains such as Ethereum, Solana, Avax, and Near by offering innovations in state sharding and peer-to-peer networking.
State sharding is a technique that divides the blockchain into smaller units called shards, each with its nodes, transactions, and storage. This allows parallel processing and increases the throughput of the network. Harmony uses a proof-of-stake (PoS) consensus mechanism called Effective PoS (EPoS) to secure its shards and enable staking rewards for validators. Harmony One also uses a verifiable random function (VRF) to generate random numbers for shard assignment and leader election.
Peer-to-peer networking is a way of connecting nodes without relying on centralized servers or intermediaries. Harmony One uses a protocol called Kademlia to optimize cross-shard routing and fast block propagation. Harmony One also uses erasure coding to reduce network bandwidth and improve data availability.
Harmony One’s native token is ONE, used for paying transaction fees, staking for network security, participating in governance, and accessing DApps on the platform. ONE has a total supply of 12.6 billion tokens, of which 76% are currently circulating2. ONE was launched on Binance Launchpad in May 2019 at an initial price of $0.003175. As of December 2021, ONE has a market cap of over $700 million and trades at around $0.02.
Harmony One’s vision is to create an open and fast blockchain for DApps that can serve various use cases such as gaming, NFTs, DeFi, social media, and more.
FightOut (FGHT)
FightOut (FGHT) is a cryptocurrency that powers a move-to-earn (M2E) gaming ecosystem that rewards users for exercising and competing. FightOut aims to revolutionize the fitness industry by using blockchain and NFTs to motivate and incentivize users to improve their health and wellness.
FightOut allows users to create avatars that reflect their real-life stats and achievements. Users can track their workouts, get personalized recommendations, access premium content from elite athletes and join challenges using the FightOut app. Users can also compete with other players in the FightOut metaverse, exploring different worlds, playing games, and trading NFTs.
FightOut’s native token is FGHT, which is used for paying fees, accessing features, staking for rewards, and participating in governance on the platform.
Estate X (ESX)
EstateX (ESX) is a cryptocurrency that powers a blockchain-based platform for real estate investment. EstateX aims to make investing in real estate simple, affordable, and accessible to everyone, using fractional ownership and NFTs.
Fractional ownership is a technique that allows users to buy and sell shares of properties using ESX tokens. Users can choose from various categories of properties, such as residential, commercial, industrial or land, and benefit from passive income from rent or capital appreciation. Fractional ownership also reduces the barriers and costs of entry for real estate investors.
NFTs are non-fungible tokens that represent unique digital assets on the blockchain. EstateX plans to launch a decentralized exchange (DEX) for real estate NFTs, where users can trade their property shares with other investors or collectors. EstateX also plans to use NFTs for creating virtual tours, verifying property ownership and enhancing user experience.
EstateX’s native token is ESX, which is used for paying fees, accessing features, staking for rewards and participating in governance on the platform. ESX has a total supply of 1 billion tokens, of which 24% are allocated for presale
EstateX’s vision is to create a revolutionary platform that disrupts the future of real estate investment and ownership.
Love Hate Inu (LHINU)
Love Hate Inu (LHINU) is a cryptocurrency that powers a voting system based on blockchain technology. Love Hate Inu aims to create a secure and transparent platform for voting on issues that matter, such as entertainment, politics, sports and social issues.
Love Hate Inu allows users to stake LHINU tokens to become eligible to vote on various polls created by the community or by the platform. Users can also earn LHINU tokens for voting or creating polls. The voting process is verifiable and anonymous, using smart contracts and a random number generator.
Love Hate Inu’s vision is to create a community-first meme poll creator that rewards LHINU stakers and voters. Love Hate Inu plans to integrate its voting system into major metaverse experiences and monetize its data through brand deals.
But Which Is The Best Bet?
The answer is easy: DigiToads.
DigiToads is a high-growth token that offers investors exciting opportunities to earn residual income through NFT staking, P2E gaming, and being a holder of TOADS tokens. The platform’s focus on community and continuously rewarding its holders makes it an excellent investment opportunity for those seeking to earn passive income. With the potential for growth in the DigiToads ecosystem, it is no surprise that this cryptocurrency will make an enormous rally in 2023.
*This article was paid for. Cryptonomist did not write the article or test the platform.
