The year 2023 has so far been a good one for meme coins. Given how many big names like Big Eyes have been rolled out in recent times, the crypto market saw a flurry of activity as crypto enthusiasts rushed to get their hands on the top crypto to buy. Months later as the price for Big Eyes Presale chugs along, people are now on the lookout for more innovative meme coins to diversify their portfolios. Due to the surge in interest in meme coins, cryptocurrencies like DigiToads are among the most talked about investment instruments.
Powered by the Ethereum network, DigiToads’ claim to fame is a unique mechanism that combines the functionality of a meme coin and a play-to-earn platform. Plus, it leverages the benefits of a decentralized autonomous organizations model for the governance of operational issues. here’s a peek into some of DigiToads’ key features.
Where memes meet Web 3.0
DigiToads is a high-growth token that captures the most useful features of meme coin and play-to-earn platforms to give you a versatile cryptocurrency. Apart from positively impacting the lives of its users, it is also ushering in a new era of innovative products in the decentralized finance system. Plus, it enables users to earn passive income via multiple options – be it its staking mechanism, Web 3.0 game, trading competition, or rewards system. Slowly but steadily, it is making its way to bag a spot on the list of the best altcoins of 2023.
The platform has rolled out a native token called TOAD for facilitating all kinds of transactional purposes on its network like staking, trading, and buying items. The DigiToads team has planned a 10-stage presale process for making the TOAD token available for purchase. Moreover, the token is built on a deflationary model wherein the token supply is intentionally kept scarce by burning them. This helps in reducing price fluctuations and keeping the value of the token stable.
Opportunities galore
As a cryptocurrency for beginners, DigiToads has ensured that its gaming interface is user-friendly. As part of the game, users have to compete with other players along with their respective digital companions in a virtual swamp arena. These digital companions are called ‘DigiToads’ and can either be bought, traded, or won. Each of these DigiToads possesses a set of unique characteristics like strength or a special ability that can influence a player’s chances in the game. Additionally, players can buy potions, training equipment, and food for their DigiToad to boost their abilities. These items can only be bought with TOAD tokens and half of the proceeds from the sale are used for maintaining the prize pool. At the end of the DigiToads season every month, the top 25% of the scorers are awarded TOAD tokens from the prize pool.
What makes DigiToads one of the best crypto for beginners is the trading competitions it organizes. In these competitions, traders bringing in the highest trading volumes at the end of the month are rewarded with a Platinum Toad. The team plans on giving away 12 Platinum Toads in a year. By winning a Platinum Toad, traders become eligible for remote access to 1/12th of the treasury. Moreover, they also get to keep 10% of the profits they bring in as an incentive for expanding the treasury size.
The platform also plans to donate 2.5% of its profits to charities working for the preservation of rainforests and replanting trees across the world.
DigiToads’ rise to becoming one of the best altcoins for 2023 doesn’t come as a surprise if you consider its multi-functional approach. Plus, it’s a community-driven platform wherein the team works for maximizing users’ gains. For instance, TOAD token holders will get monthly rewards from a prize pool comprising 10% of the profits earned by the platform. These rewards will be airdropped to the token holders’ accounts. Among the cryptocurrency analysts who have reviewed DigiToads, many see it outperforming popular tokens over time. As far as prospects go, the TOAD cryptocurrency has the potential to churn out even 100x returns over time.
For More Information on DigiToads visit the website, join the presale or join the community
