Cryptocurrency

Why New ApeCoin and Axie Infinity Rival Could Be The Best Play To Earn Crypto

Written By : IndustryTrends

DigiToads is a new crypto meme-coin gradually stealing the spotlight through its play-to-earn and stake-to-earn features.     

The crypto industry is expanding at a supernatural pace. Each day is marked by the advent of a new firm that intends to revolutionize the sector with its innovative features. ApeCoin and Axie Infinity, two of the most sublime play-to-earn Cryptocurrencies, are about to be dethroned by, DigiToads, a new meme-coin that is not only equipped with the play-to-earn feature but also creates innumerable earning opportunities. This could be the end of both ApeCoin and Axie Infinity.

A Look Into DigiToads:

With the toad as its mascot, DigiToads dives into 'The Swamp,' a metaverse with endless opportunities. TOADS is a play-to-earn and stake-to-earn meme token. The firm which has gained huge traction since its presale began is projected to be one of the top Cryptocurrencies to buy for significant growth.

Mascot Meme Contest:

Mascots are typically created before the deployment of a crypto firm. DigiToads believes that the right to decide the mascot belongs to the community. Therefore, the firm will organize a competition for each user to design a mascot. The mascot is to resemble the TOAD NFT and the best among the submitted designs will be chosen as the official mascot. Great rewards are in store for the winner of the competition.     

Tokenomics:

Tokenomics play a vital role in the endurance and longevity of a firm. Any firm without a sound fiscal system is equivalent to a 'bird without wings.' Thus, DigiToads has deployed a well-considered financial structure.

The firm has imposed a 7% buy and sell tax. 2% of the tax creates a deflationary factor, 2% for maintaining the NFT staking pool, 2% for fuelling the treasury, and the remaining 1% for the liquidity pool.

NFT Staking Pool:

DigiToads introduces some of the top NFTs into the virtual ecosystem. Users can stake the TOAD NFTs to secure great returns. Rewards for the staked NFTs are in the form of a TOADS token. These rewards are sourced from the NFT staking pool, which is kept brimming by the 2% tax collected on each transaction.

Token Burn:

To ensure that TOADS holders experience growth, the firm has laid down a deflationary mechanism for its token. 2% of the tax on transactions is used to purchase TOAD tokens that are then sent to a dead address. The lack of available tokens, along with increased demands, thus becomes the driving force behind the price surges that are seen.

The Toad-Cade; a Play-To-Earn Game:

DigiToads launches an immersive play-to-earn game where each player will be granted a basic DigiToad. These DigiToads will be used in seasonal battles where winners get alluring rewards. Players can upgrade their characters by feeding, training, and nurturing them in the best possible ways.

The edibles needed to feed the DigiToad can be purchased using the TOADS token. Profit made by the firm through the sale of food items will be used as a reward to the players. 50% of the gain will be distributed to the top 25% of players. Since DigiToads believes in a world with equal opportunities, a further 10% of the profit will be disbursed among all TOADS holders.

Presale:

The TOADS token can be purchased for $0.02 in the presale, which is currently in Lilypad 4 stage. Some notable things about the presale include the absence of a vesting period, the conduction of a complete project audit, and the acceptance of crypto like BTC, ETH, SOL, USDT, DOGE, TRX, SHIB, DAI, etc., as a form of payment.

Here's why ApeCoin and Axie Infinity Are Getting Sidelined:

 Both ApeCoin and Axie Infinity were once the top choice of investors worldwide. Over time, people realized that not only are both these assets highly volatile but have no real-world utilities.

 Conclusion:

When it comes to the presale, DigiToads is setting new records. At one ApeCoin and Axie are declining in popularity, and DigiToads is stealing the show on all platforms. This is primarily due to the firm opening countless doors for traders and investors in the crypto space. Buy now and secure exciting returns.     

For More Information on DigiToads visit the website, join the presale or join the community for regular updates.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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