Looking for the next 100X Coin? Here’s why DigiToads ($TOADS) should be on your watchlist!
DigiToads is an Ethereum-based meme coin that also operates as a Web 3.0 gaming platform. It’s being counted among the best new altcoins in recent times and has also won over cryptocurrency analysts with its state-of-the-art features. The latest ICO has rolled out a native token called TOAD which interested buyers can purchase on presale. Many analysts have suggested that the crypto project has the potential to cross 100x in returns once it gets listed on mainstream exchanges.
Why is everybody talking about DigiToads?
DigiToads’ key USP is that you get two kinds of cryptocurrencies for the price of one. While it is built as a meme coin, it also functions as a play-to-earn gaming ecosystem which means that you have more than one way to earn passive income. Plus, you can stake tokens, earn rewards by holding tokens and participate in trading competitions to further drive their gains. Aiming to become a top crypto to invest in, DigiToads will be opening a ‘Toad School’ for its users where they would be able to learn all about crypto trading. To gain admission, users will have to hold a minimum of three TOAD NFTs.
The DigiToads cryptocurrency ICO has roped in Consult, which is a leading blockchain auditing company, for analyzing its protocols and DeFi projects. The fact that it has been vetted by Consult implies that DigiToads’ interface is a secure one and has been assessed for flaws. Another factor that boosts users’ confidence in this beginner cryptocurrency is that its governance structure is built on the decentralized autonomous organization (DAO) model. Under the structure, the team’s entire focus is on the community members and ensuring their welfare.
How can DigiToads help you earn sustained passive income?
The DigiToads team would be organizing trading competitions every month for users interested in staking TOAD tokens. These competitions will reward participants that register the highest volume of traded tokens in a month. Each winner gets a Platinum Toad as a prize which grants them remote access to a part of the treasury. With its plan to give away 12 Platinum Toads in a year, DigiToads will be ensuring that its treasury fund is being controlled by the most talented traders in its community. Plus, it ensures that the latest ICO draws high trading volumes. What makes the deal even sweeter for the participants is that they get to keep 10% of the profits they bring in. The reward is given to incentivize efforts to expand the treasury size. The interactive game has made DigiToads a frontrunner in the race for the best new altcoins.
Another opportunity that the platform gives its users to earn is through its staking mechanism. Users can stake NFTs on the platform in exchange for returns. To keep its staking pool always flush with funds, the team sets aside 2% of all TOAD transactions for the staking pool. The treasury also plays an important role in maintaining the staking pool.
Analysts predict TOAD Token is among the top crypto to invest in 2023
The TOAD token is used for all kinds of transactional uses on the platform. The team recently wrapped up two stages of presale which were a huge success. As the third presale stage ‘Lilypad 3′ is currently on, DigitToads’ presale process still has seven more stages to go. Till now, DigiToads has raised more than $1m in presale funds. The team has decided to generate a total of 585 million TOAD Tokens and offer roughly 46% of them for sale. The remaining tokens will be used for different purposes like maintaining the liquidity pool, funding competitions, giving away prizes, and supporting the platform’s growth.
Conclusion
Analysts have been praising the TOAD token’s deflationary model. Under the model, the supply of the token is intentionally kept limited to avoid fluctuation in its price. The mechanism is instrumental in shielding users’ interests by keeping the value of the TOAD cryptocurrency stable. The team has also decided to donate 2.5% of annual profits earned by the project to organizations working on rainforest preservation and replanting trees. TOADS is a unique cryptocurrency that could potentially deliver 50x gains in the future.
For More Information on DigiToads visit the website, join the presale or join the community
