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The blockchain sector is an interconnected web of opportunities. Some projects bring users consistently on a blockchain platform like DigiToads (TOADS) while others connect and support existing projects.
Such is the dynamism of a robust digital economy. Decentralization keeps churning as many opportunities as the ideas or developers in this space. For instance, Polygon started as a basic layer-2 solution to support Ethereum. It has morphed into a proper standalone blockchain with its unique use cases.
DigiToads is launching in this competitive, yet exciting industry. Like Polygon, it showcases a project that can pivot from the standard style of memecoins to inject more utility into this space. DigiToads is in the ninth stage of its presale and has raised over $6 million, with the current token sale price at $0.047. The project has excellent momentum as it approaches its launch on 21st August 2023.
Summary
Polygon’s pivot to a standalone project
This blockchain initially went by the name Matic and sought to provide a scaling solution to Ethereum. A second layer helps to take some load off the main chain, improving transaction processing and reducing gas fees.
Matic rebranded to Polygon, with the token taking the name MATIC. The rebrand was part of a broader strategy to create a hub for interoperable blockchains. Polygon has since become one of the most exciting blockchain projects for developers, and the MATIC token is tipped to be a standout performer in a recovering market.
ChainLink as a bridge for blockchains
Some solutions are as simple as identifying the need for a bridge and creating one. ChainLink (LINK) provides this solution for blockchain platforms seeking accurate data for smart contracts. This solution operates as an oracle that provides blockchains with external data sources necessary to execute smart contracts.
The ChainLink team has struck several notable partnerships with leading companies in the tech space and blockchain sector. These efforts have seen LINK become one of the most promising tokens around. It will be a notable project even as big companies continue researching blockchain efficiency.
DigiToads (TOADS) raising eyebrows with a strong presale
Investors in the blockchain scene have a special interest in new projects with tremendous upside. DigiToads has caught this enthusiasm with a presale that has already created a 370% return on investment since the presale commenced.
Heading into stage 10 of the presale, prices will tick up to $0.05 scheduled to end on 15th August, 2023. The project launch on 21st August should see token prices start at $0.055, which is a 450% return for early investors.
The interest is a testament to DigiToad’s uniqueness within this subsector. DigiToads has introduced a play-to-earn gaming ecosystem to create utility for a sustainable community of users. Users take time to nurture digital toads within the gaming ecosystem for a chance to earn various in-game rewards.
This utility separates DigiToads from memecoins that simply exist for speculative value. Additionally, the game has an NFT staking feature to ensure that participants have value for their in-game items. Users can start staking NFTs from 21st August 2023 and minting the NFTs at https://mint.digitoads.world/
Conclusion
TOADS, MATIC and LINK are exciting tokens for their uniqueness in the industry. The market has an appreciation for projects like DigiTaods that create a distinction in their subsector. Investors are closely tracking the DigiToads presale to make the most upon launch. These tokens should have a strong close to the month even as holders look to their distant future.
*This article was paid for Cryptonomist did not write the article or test the platform.
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