SPONSORED POST*
Play-to-earn (P2E) is one of the greatest blockchain innovations that provide players with an easy way to earn rewards for completing tasks and winning battles on the blockchain. Axie Infinity (AXS) has always been the poster project for the burgeoning segment owing to its fast-mover advantage. DigiToads (TOADS) is a new project sending shockwaves in presale and promising to redefine the segment.
DigiToads P2E Credentials
DigiToads is a high-growth meme coin that blends multiple features around P2E, NFT staking and trading competitions. Built on the Ethereum blockchain, it seeks to positively impact people’s lives by offering an opportunity to earn big rewards and passive income on the side. In addition, the project’s ecosystem includes a thrilling Web 3 game that lets people collect and nurture DigiToads.
Players must use their TOADs, the network native token, to purchase food and training equipment that go a long way in strengthening and growing the size of their DigiToads. The action should make the DigiToads the strongest within the Swamp arena while supporting the development of unique characteristics.
While the competitions will run for a month, the top 25% of players on the leaderboard stand to walk away with the TOADS token as a reward. To walk away with the rewards, players must ensure their DigiToads are the largest and strongest within the gaming ecosystem. DigiToads has set aside 50% of the funds raised from the sale of game items to be used in rewarding the top 25% of players.
In addition to the play-to-earn game, DigiToads has also established trading competitions that will go a long way in enhancing trading volumes on the network. The monthly trading competitions will see people walk away with platinum Toads as rewards which allow holders access to the TOADS treasury.
An NFT staking platform is also in place, providing another exciting way of generating passive income from the network. All people need to do is stake their non-fungible tokens in the network for an opportunity to benefit from payouts, as DigiToads will load 2% of every transaction into the NFT staking platform.
TOADS is DigiToads native coin that will act as a medium of exchange for settling transaction fees and for purchasing in-game items. With a total supply of 585 million coins, it is a deflationary token whose value is expected to increase over time, given the limited supply amid high demand.
In addition, DigiToads has established a token-burning mechanism that will burn down TOADS tokens with every transaction. The mechanism will help reduce the overall supply over time to trigger scarcity to increase value.
Axie Infinity P2E Reputation
Axie Infinity, the flagship metaverse and play-to-earn project, has seen its tokens go up by more than 50% for the year. Its stellar performance revolves around the project’s primary goal of making it easy for people to earn rewards in NFTs for simply playing their best virtual reality game. In the Web 3 game, people own cute creatures dubbed Axis, which are non-fungible tokens.
With the Axis NFTs, people can use them to buy land, farm or even breed them. The game is extremely popular, with active monthly players of over 400,000. Late last year, the project’s developers announced plans to move towards a 2.0 version of the game. The upgrade is to result in new play improvements and the addition of a free play entry.
One of the factors driving Axie Infinity native token up the charts is the unveiling of staking capabilities. The development enables new incentives for investors making it easy and rewarding to hold Axie Infinity.
Bottom Line
With the P2E game that allows people to collect and nurture DigiToads, the project is on its way to rivaling Axie Infinity, which recently appears to be on the decline. DigiToads is fast becoming one of the biggest meme coin projects of 2023, with its successful presale & several analysts predicting 30x growth, this is a project investors should get involved in. Diversifying your portfolio with the addition of DigiToads will be beneficial & one of the best financial decision you make in 2023!
For more Information on DigiToads visit the website, join the presale or join the community for regular updates.
*This article was paid for Cryptonomist did not write the article or test the platform.
