Cryptocurrency investments have matured into a convenient and quick way to produce passive income, and now, any new investor looking to cash in is looking for projects with great growth potential.
DigiToads, a newcomer to the Ethereum network, is offering early investors a whopping 900% return during the token sale’s presale. What’s TOADS, and can it outperform Near Protocol and WAX in terms of tremendous growth?
What makes DigiToads special?
Released in 2023, DigiToads is a fresh meme coin and play-2-Earn token featuring a toad-themed ecosystem aiming to improve token holders’ chances of earning passive income through the creation of different award systems.
DigiToads develops a Web3 game where players may buy, collect, and train toad NFTs as pets, engage in battle and compete for high rankings on the leaderboard, all with the game’s unique currency, TOADS.
One ranking among the top 25% of players proportionally receives 50% of the prize fund, which is raised from in-game item purchases and sales. Every month, the leaderboard refreshes, and new top 25% players are awarded. Players who do not place in the top 25% still receive prizes (10% of the total prize pool).
Those that stake their NFTs are also eligible for larger payouts, as 2% of each TOADS sale is allocated to this staking pool. An additional perk for TOAD NFT holders is enrolling in Toad School. You must own a minimum of three TOAD NFTs to enroll in the school and learn the fundamentals and advanced technical concepts of trading and cryptocurrency from industry pros.
In addition to these features, TOADS is a deflationary token, meaning that its supply is reduced over time via a steady automated burn of 2% from each TOADS transaction. To put it another way, this provides holders with yet another potential for long-term gain.
While this is feasible after the project’s launch, presale investors can boost their revenue by investing early. During the 10 phases of the presale, the price will climb by 450%, resulting in enormous profits for investors when the project goes live.
Near Protocol
A decentralized application (DApp) platform, Near Protocol, prioritizes ease of use for developers and end users. Like Ethereum, NearProtocol is a proof-of-stake (PoS) blockchain that can execute smart contracts.
To achieve scalability, Near employs sharding technology. The Near cryptocurrency platform’s native token, NEAR, is utilized to pay transaction fees and as a medium of exchange and storage. Tokens can also be staked by holders of NEAR tokens who seek to become transaction validators and contribute to network consensus.
What’s WAX?
WAX (Worldwide Asset eXchange) is a sustainable blockchain designed for e-Commerce in the forms of decentralized applications (dApps), non-fungible tokens (NFTs), games, virtual worlds, and rare collectibles. The WAX blockchain makes it simple for developers and marketers to create, publish, and disperse NFTs to an international audience.
WAX employs a DPoS consensus process, wherein token holders vote for delegates who validate blocks.
The WAX blockchain’s native token, $WAXP, is issued and traded on the WAX platform. Those with WAXP will gain access to the worldwide WAX ecosystem, where they may begin collecting NFTs.
Bottom line
Considering a project’s utility is essential when deciding where to put your money. Investors tend lean toward profitable businesses with solid use cases, user reward systems, and future expansion.
aking all into account, DigiToads emerges as the undisputed frontrunner in the crypto market that will dominate the meme coin world thanks to its innovative award programs, entertaining ecosystem, and deflationary nature.
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