If you are looking to boost and diversify your crypto portfolio this year with meme coins, chances are the Ethereum-based meme token DigiToads (TOADS) would crop up in your research. The cryptocurrency has been making waves with its one-of-its-kind economic model that promises you the utility of three tokens in one crypto coin. Despite being in its presale stage, the platform is considered one of the best altcoins to buy now. Sample this: till now, the meme token has raised over $4.8 million. Its price has registered an impressive increase and analysts claim that the early investors of the meme coin have already gained by up to 320%.
Why is everybody talking about DigiToads?
DigiToads’ USP is its economic framework that combines three kinds of cryptocurrencies – a meme token, a play-to-earn game, and a staking platform. With a three-in-one model, one can explore multiple opportunities for earning passive income. So, you can stake assets, trade cryptocurrencies, win rewards by participating in Web 3.0 games, enter trading competitions and even get a chance to win weekly giveaways. To facilitate a wide range of transactional purposes on its network, DigiToads has rolled out a native token called TOADS. Plus, the platform also has a policy of incentivized participation where users get rewards for actively engaging. For instance, TOADS token holders receive airdropped rewards every month.
What makes DigiToads a good crypto to buy is its decentralized governance mechanism where community members get to be part of the decision-making process through exclusive voting rights. All TOADS token holders get voting rights which they can use to vote for any proposal moved by a community member. These proposals are typically related to operational issues like a new product launch, token generation, or a change in the DigiToads protocol. Token holders can also introduce such proposals themselves.
In the coming months, the DigiToads team would be organizing knowledge sessions for its community members interested in exploring cryptocurrencies in depth. These sessions would be conducted at a virtual think tank called the TOADS School. The only condition to attend these sessions would be to hold at least three TOADS NFTs.
What benefit can DigiToads offer its investors?
DigiToads’ inclusion into analysts’ recommendations for best crypto investments of 2023 isn’t a coincidence but a well-deserved achievement. It has a lot to offer to anyone, irrespective of their experience with tokens. If you are someone who’s just starting you can start by exploring its play-to-earn game where the winners are rewarded with TOADS tokens. What’s more, is that there’s not just one winner. All top 25% scorers of a game season are declared winners. As the game season is just month-long, one can access multiple chances to compete in the game.
For more experienced traders, DigiToads has a stellar opportunity that not only leaves you richer but wiser too. The DigiToads team organizes monthly trading competitions where the winners are decided based on the trade volume they book in a month. The winner also gets to keep 10% of the profits they booked in the month as a reward for expanding the treasury size. The winners also get to learn about the nuances of treasury management by training with the DigiToads team. Once they become skilled at the job, they will go on to help the team manage the treasury regularly.
Conclusion
The TOADS token is one of the top crypto coins to buy today as it’s a versatile token that’s utility-driven. Its 10-stage presale process is currently in progress. Of the 10 stages, seven are complete while the eighth stage is selling out fast. Once you buy a TOADS token, it’s locked for 12 weeks and you will be able to access them only after the vesting period ends.
Another notable factor about the token is its deflationary model that safeguards its users’ interests. Under a deflationary token, the supply is regulated in a way that it doesn’t rise above the demand. By keeping the supply intentionally scarce, the DigiToads team manages to keep price fluctuations away. As the value of the coin stays stable, token holders don’t end up losing their returns to market volatility. The team schedules regular ‘token burn’ events to manage the supply. The supply of the token is capped at 585 million and a large part of the tokens are reserved for presale stages and distributing bonuses to community members.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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