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As cryptocurrencies gain global vantage with their impressive market performance, their usage has jumped across geographical regions. After the USA, the top 5 countries which have recorded the highest number of cryptocurrency users in 2023 include India, Pakistan, and Vietnam. These developing nations represent a demographic advantage that’s driving financial empowerment with cryptocurrencies. DigiToads is among the top crypto coins that have set the defi market abuzz with their features. The Ethereum-based meme coin comes with a hybrid economic design that leaves its users spoilt for choice when it comes to opportunities to earn passive income. Its success in the presale stage has led many Polkadot holders to switch to DigiToads.
Summary
DigiToads: The new favorite of the DeFi market
DigiToads is a meme coin with a difference whose potential for growth through DeFi is one of its key USPs. The meme coin leverages a hybrid model which merges the characteristics of three different crypto models. So, you get to experience the benefits associated with a Web 3.0 gaming portal and a stake-to-earn platform. From staking NFTs to swapping tokens to winning rewards in play-to-earn games and even bagging prizes and giveaways, there are multiple opportunities for anyone to explore. The platform has launched its native token called TOADS, which is the medium of exchange on the network. The ERC-20 token’s total stock is capped at 585 million. Those interested can purchase it on presale. The blockchain ico has garnered a lot of attention with its presale success. If the progress of the fifth stage ‘Lillypad 5’ is anything to go by, analysts feel things are only going to get more exciting as there are five more stages left.
The blockchain ico has been drawing a lot of users to its presale with its Web 3.0 games, where players compete to score the highest in a virtual swamp. The metaverse arena-style swamp is a challenging gaming task and players get to seek help from digital creatures called DigiToads. With their special traits that vary from creature to creature, DigiToads can make or break things for the players. If you are worried about your DigiToad’s performance in the swamp, you can buy potions, food, and training equipment for them. These items can be purchased using TOADS tokens and a portion of these sales would go towards maintaining the prize pool.
The team will organize monthly trading competitions where the community member brings in the highest volume of profits by trading tokens wins. Not only do they get to keep a portion of the profits they book, but they also get a Platinum Toad as a reward. These Platinum Toads enable traders to remotely access the DigiToads treasury fund and learn how to manage it with the team’s help. Once they are well-versed in these skills, they will be helping the DigiToads team manage the treasury.
Deloitte to issue signed credentials on Polkadot-based KILT blockchain
Named one of the best altcoins to buy in 2023, Polkadot is a decentralized network of interconnected and specialized blockchains called parachains. The network of parachains facilitates seamless transfer and communication for dApps and decentralized services. Its native token is DOT and it is used for staking and other transactional purposes on the network.
One of the key benefits of using Polkadot parachains is that they pave the way for seamless scalability by securing multiple blockchains with a common set of validators. Polygon also offers a high degree of transactional scalability by spreading the task of processing transactions across blockchains. In recent news, global accounting and consultancy group Deloitte announced that it would be issuing signed credentials by leveraging the KILT blockchain, which is a sidechain built on the Polkadot network. With the move, users can manage their credentials with the help of a Web 3.0 wallet. KILT will also be powering Deloitte’s Know-Your-Business and Know-Your-customer processes which will help the company up its ante against crimes like money laundering, graft, and fraud.
Here’s what analysts are saying about DigiToads
There’s no denying that both Polkadot and DigiToads are among the top crypto coins in today’s market. But what’s the choice of market analysts? Among the analysts who have reviewed the two tokens, many feel the TOADS token has leverage when it comes to growth potential.
A far-reaching DeFi model that is not only innovative but also impactful coupled with decentralized governance is an ideal combination for driving growth. Analysts feel that the TOADS token has the potential to smash many crypto records and even surge by 30x in the coming months.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
*This article was paid for. The Cryptonomist did not write the article or test the platform.
