DigiToads is a meme coin that is built on the Ethereum protocol. It is a versatile ICO that offers its users an opportunity to stake digital assets and participate in its blockchain based P2E game.
With the price of Shiba Inu stalling, crypto users are already thinking about the best coins to invest in. Shiba Inu, a meme coin once supported by Tesla CEO Elon Musk, has been in choppy waters because of its price action. As crypto enthusiasts continue to look for the best cryptos to invest in, DigiToads is among the new products that have caught the attention of many users. Built on Ethereum’s ERC-20 protocol, DigiToads is a versatile meme coin that offers its users an opportunity to stake digital assets and participate in its blockchain-based P2E game.
Players of the game are rewarded through a prize pool that a treasury supports. Plus, it leverages the decentralized autonomous organizations (DAO) model for governance that encourages community participation.
DigiToads is a high-growth new ICO whose economic model has been designed to increase users’ chances of earning residual incomes and positively impact the decentralized finance ecosystem. Aiming to replicate the success of meme coins like Dogecoins and Dogelon Mars, DigiToads incorporates cutting-edge features of popular play-to-earn platforms like Decentraland and GALA.
Helping crypto users earn via multiple opportunities
The key reason DigiToads bagging a spot in the list of best cryptos to invest in is the many opportunities available to users. One can earn residual income by staking non-fungible tokens, participating in the play-to-earn game, holding TOAD tokens, and trading competitions.
It has a native token called TOAD which is used for all transactional purposes on the network. It is available through a presale. It is a deflationary cryptocurrency. Under the deflationary model, a cryptocurrency’s tokens are burned regularly to ensure that their supply stays scarce and there are minimal price fluctuations.
Coming to DigiToads play-to-earn game, users can look forward to enjoying a competitive yet exciting round of games. Players have to acquire a DigiToad either by buying them, trading them, or winning them. Each DigiToad has specific characteristics like strength, which can help players in their game. Additionally, players can up the ante by buying potions, food, and training equipment for their DigiToad. These items will have to be bought with TOAD tokens.
When the month-long DigiToads season draws close, the top 25% of players with the highest scores will be rewarded with TOAD Tokens. The DigiToads team allocates 50% of the proceeds from selling items to maintaining the treasury pool. The move ensures ample funds at all times to reward community members.
Another earning opportunity that crypto users get with DigiToads is via its staking mechanism. It enables users to stake NFTs and rewards them at regular intervals. These rewards depend on the length of time for which they are staked. Hence, the longer you stake an NFT, the higher your rewards will be. DigiToads sets aside 2% of every TOAD transaction processed on its network to maintain the staking pool.
DigiToads policy for trading competitions every month will likely attract many users. Under these trading competitions, traders clocking the highest trading volumes are rewarded with Platinum Toads every month. As these competitions are organized every month, there will be 12 Platinum Toads available in a year.
A Platinum Toad also paves the way for remote access to 1/12th of the treasury. By granting traders remote access, the DigiToads team ensures that the highest-earning traders control the treasury. Lastly, traders will receive 10% of the profits they bring in as an incentive for increasing the treasury pool.
DigiToads will set aside 2.5% of the profits it earns for donations to charities involved in preserving rainforests and replanting trees.
Here’s what crypto experts are saying
The features mentioned above make a compelling list of reasons why DigiToads is being considered among the best cryptos to invest in by experts. Its impressive economic model and community-driven focus are its key USPs which will likely encourage crypto users to grow along with the platform. Among the crypto analysts who have reviewed DigiToads, it could potentially fetch returns as high as 450% for its users.
For More Information on DigiToads visit the website, join the presale or join the community.