The role of cryptocurrencies has evolved over the years. They are no longer just digital assets that make people money in the long term but modern-day cryptocurrencies enable their users to do much more. Whether it is building dApps, processing payments, playing Web 3.0 games, or even pushing people to lead healthier lives, cryptocurrencies have evolved and developed diverse utilities. Stepn was rolled out with a similar objective. The lifestyle dApp enabled its users to earn rewards and non-fungible tokens by walking and moving around for fitness. The dApp showed promise and did garner a lot of attention, however, its GMT Token has failed to maintain the momentum. Its falling prices have sent people into a search for the best cryptocurrency to buy and there are many new options like DigiToads available today.
Built on Ethereum’s ERC-20 model, DigiToads is a high-growth utility token that makes for an ideal cryptocurrency for beginners as it balances versatility and performance with ease. With a multitude of opportunities available for earning passive income, cryptocurrency has been garnering a lot of positive reviews. Let’s find out more about its key features.
Combining the best features of meme coins and P2E platforms
The key reason that has landed DigiToads a spot in the list of the best ICO to invest in is the fact that it is both a meme coin and a play-to-earn platform. On the other hand, its play-to-earn vertical boasts cutting-edge features that ensure that you never have a dull moment in the game. One can earn rewards and even cryptocurrencies by staking NFTs, participating in blockchain-based games, trading competitions and even holding tokens.
DigiToads has rolled out a native cryptocurrency known as TOAD and it will be made available to the general public for purchase through a 10-stage presale process. The TOAD cryptocurrency is built on a deflationary model, which means that its tokens are burnt at regular intervals to keep its supply scarce. A limited supply, in turn, will curb price fluctuations and stabilize the value of the token.
If you are mulling over which crypto to buy today for the long term, DigiToads makes for a good option considering it offers you more than one option to earn residual incomes. For starters, there are play-to-earn games wherein users have to battle other players with the help of digital creatures called ‘DigiToads’. Players have to acquire these either by buying them or trading them or even winning them. Each of these creatures has a unique set of characteristics like strength and special abilities which can give a player leverage in the game. Players also have the option of buying potions, training equipment, and food for their DigiToad. Albeit, these items will have to be bought with TOAD Tokens. At the same time, 50% of the proceeds from the sale of these items goes to maintaining the prize pool, so that there are always ample funds for community members.
There are also staking pools maintained by the DigiToads team that shell out rewards for NFT holders who chose to stake these assets. The team allocates 2% of all TOAD transactions for the maintenance of the staking pool. The longer an NFT is staked, the higher would be the rewards.
The last word
The above-mentioned features explain why DigiToads has been repeatedly touted as the best cryptocurrency to buy by crypto analysts. It will also be donating 2.5% of its profits to charities working for rainwater preservation across the world. In terms of long-term growth too, cryptocurrency analysts feel that DigiToads has an edge over many popular options. They have even claimed that it has the potential to post returns to the tune of 20x in the near future.
For More Information on DigiToads visit the website, join the presale or join the community
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- Source: https://www.fintechnews.org/stepn-holders-are-getting-more-and-more-frustrated-now-is-the-time-to-champion-new-p2e-crypto-digitoads/
