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Whereas 2022 was a year to forget for many crypto investors, industry experts predict 2023 to be the proverbial light at the end of the tunnel. Before 2022, established cryptos were always the revered path for investors. But that is no longer the case. Today, many investors are looking at standout projects predicted to hit the ground running this year.
One such project is DigiToads. This deflationary crypto offers a range of unique features, including play-to-earn (P2E) gaming, NFTs, NFT staking, Platinum toads, and a focus on charitable and environmental causes. It prioritizes helping users earn passive income while providing opportunities to win rewards. This distinct combination of features is not offered by any other meme coin on the market.
Whereas other projects like Near Protocol (NEAR) and VeChain (VET) seem to be declining, DigiToads has maintained a strong position and dubbed Bitcoin for beginners. Here is why DigiToads (TOADS) is set to surpass Near Protocol (NEAR) and VeChain (VET) before Q3 2023.
DigiToads (TOADS)
DigiToads is a utility-based token offering varied features such as P2E gaming, NFT staking, and monthly incentives and rewards for its investors. It has become the hottest meme coin today due to its deflationary nature. As an ERC20 token, DigiToads helps users generate passive income while engaging in gameplay on the platform.
DigiToads has enjoyed a mind-boggling patronage from investors, raising more than $1.6m during the presale, with potential for even further growth. The platform accepts major cryptos as payment and has no vesting period for its TOADS tokens. To incentivize investor engagement, DigiToads is currently offering a $50,000 giveaway. Investors who hold 10,000 TOADS tokens stand a chance to win this lucrative offer.
Also, completing extra actions increases your shot at the prize. The project’s standout feature is P2E gaming, which enables players to collect, nurture, and battle unique DigiToads in a web3 game environment. These digital companions boast distinct traits, strengths, and weaknesses and can be purchased, traded, or won. TOAD tokens, the project’s native currency, can buy food, potions, and training equipment to enhance the DigiToads’ abilities and overall performance.
NFT staking, a fundamental platform component, is also an integral aspect of the meme coin. When a TOADS transaction occurs, 2% of the amount is allocated to the staking pool. That ensures that community members who engage in NFT staking receive regular rewards. The staking pool is released periodically, with rewards increasing proportionally to the duration of the staking period.
DigiToads is also dedicated to charitable causes and environmental preservation, exemplified by its commitment to donating 2.5% of its profits to organizations focused on rainforest preservation and tree planting. Also, the platform aims to continuously reward its community through monthly airdrops, with 10% of the funds raised being allocated to token holders.
Near Protocol (NEAR)
Near Protocol is a platform that offers incentives for a network of computers to collaborate in creating and launching decentralized applications for developers. The fundamental principle of Near Protocol is the concept of sharding, which involves dividing the network’s infrastructure into multiple segments, allowing nodes (i.e., computers) to handle only a portion of the network’s transactions.
By distributing segments of the blockchain, rather than the complete blockchain, among network participants, sharding is expected to enhance the efficiency of data retrieval and facilitate platform scalability. Near Protocol functions quite similarly to centralized data storage systems like Amazon Web Services (AWS) that offer a foundation for developing apps. But instead of being managed by a singular entity, Near Protocol is sustained by a decentralized network of computers.
And much like AWS, Near Protocol enables developers to deploy their code in a cloud-based environment without creating their infrastructure. The Near Protocol ecosystem employs a similar framework centered on a network of computers and its crypto token, NEAR.
VeChain (VET)
VeChain is a blockchain protocol that aims to incentivize a computer network to facilitate a platform for businesses to build and run dapps. The primary objective behind VeChain is to help foster enhanced digital cooperation among businesses by providing them with novel tools for seamless data transfer and efficient supply-chain management.
Initially designed as a supply-chain management solution, VeChain rebranded as VeChain Thor upon the launch of its mainnet in 2018. This move expanded the scope of dapps to include a broader range of data solutions.
Conclusion
DigiToads sets itself apart in the crypto space as the best beginner crypto. As a meme coin with tangible utility, TOADS’ value may increase as the platform rewards users through NFT staking, P2E gaming, and token holding. While Near Protocol and VeChain show signs of weakening, DigiToads has the potential to outperform their respective currencies, making it clear to see that now is the time to get involved with this new and exciting project.
For more Information on DigiToads visit the website, join the presale or join the community for regular updates.
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