The cryptocurrency market is a dynamic place full of exciting new opportunities. Oasis has captured the attention of the cryptoverse with its Sapphire launch while the DigiToads (TOADS) presale has managed to attract many buyers. According to analysts, these two cryptocurrencies are the next big thing in the crypto market. The recent launch of the Sapphire-powered privacy layer has also pushed the popularity of DigiToads, which is an Ethereum-based crypto project. DigiToads has been making waves with its hybrid DeFi model which opens up multiple avenues for users to earn passive income. Despite being in its presale stage, DigiToads has already garnered global attention. It’s currently in its last presale stage and has wrapped up nine presale phases. Till now, the project has raked in over $6.5 million in presale funding.
DigiToads: A treasure trove of infinite possibilities in DeFi
DigiToads is among the best crypto investments that you can come across in today’s market. It draws its strength from a hybrid DeFi framework that sports the features of three different tokens. The unique model paves the way for opportunities like staking NFTs, trading cryptocurrencies, winning crypto tokens in play-to-earn games, and participating in various competitions. The platform has a native cryptocurrency called TOADS that’s built using the ERC-20 model.
What makes the TOADS token unique is its deflationary character which serves as a safeguard against inflation and market volatility. The deflationary model calls for the supply of the token to be controlled in a way that it always stays below the demand. If the supply does exceed the demand, the extra tokens in circulation are burned or destroyed.
One of the key reasons that make DigiToads a good crypto to buy is its play-to-earn game. The game is based on a Metaverse swamp where players have to outperform their competitors by completing various challenges. When the season ends, the highest scorers walk back home with TOADS tokens as a reward. The game has several in-game assets that one can purchase with TOADS tokens to advance their performance. For instance, players can purchase virtual creatures called DigiToads which have superior powers and supreme strength and can help players defeat their rivals. The other in-game assets available in the game are food, potions, and training equipment for DigiToads.
A key reason contributing to DigiToads’ stellar success is the trading competitions that its team organizes every month. These competitions will not only help the team assess players’ acumen for trading but also spot talented community members who could help the former in managing the treasury. The participant who reports the highest volume of profit wins the competition. The winner of the contest and the platform share the profits. The winners are also trained in treasury management under the guidance of the DigiToads team. After the training ends, the winning participants go on to assist the team in managing the treasury on an everyday basis.
As part of its plans for the future, the DigiToads team is currently working on official merchandise for the cryptocurrency’s supporters. The tokens collected from the sale of these items would be donated to organizations focused on the conservation of the environment. The DigiToads team will also donate a small share of the annual profits earned by the project to such organizations.
Oasis Privacy Layer: Creating the Future of Web 3.0
The Oasis Privacy Layer is a next-generation platform for building secure and user-friendly dApps. Powered by Sapphire, the Oasis network serves as a groundbreaking tool for Solidity developers who are interested in deploying privacy-centric dApps. The privacy layer can also be leveraged with an existing dApp on any EVM-compatible network. The Oasis network is powered by the ROSE token that serves as the native cryptocurrency inside the ecosystem. This means developers don’t have to migrate the dApps to a different chain. What’s more, is that Sapphire’s hyper-efficiency offers developers a way out of challenges like the blockchain privacy paradox.
Conclusion
DigiToads is among the best altcoins to buy now as its hybrid DeFi model gives it an edge over other popular altcoins. Apart from analysts’ views about its great prospects in the future, the cryptocurrency is ideal for building a sustained source of passive income which can secure TOADS token holders’ financial future. Plus, with a decentralized governance structure, the platform ensures that all stakeholders are contributing to its growth and even rewards them for their active engagement.
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