At a time when crypto users have few reasons to cheer, Ripple’s XRP token has provided some solace. The token supported by Ripple labs has continued its market rally. During the past week, XRP’s price has risen by over 20%, making it one of the top gainers among large market cap options. While XRP remains a largely dependable choice, crypto users are always on the lookout for the best Initial Coin Offering (ICO) to invest in.
DigiToads is among the new kids on the block that has been the talk of the town for quite some time now. Pulling crypto enthusiasts and experts out of depressing conversations of crypto winters and scandals, the Ethereum-based meme coin is being touted as a high-growth token that offers its users multiple options to earn. It offers a chance to earn residual incomes through staking non-fungible tokens (NFTs), a play-to-earn game, and holding native tokens. Here’s a look at some of its key features.
A versatile crypto for beginners
If you are looking for the best ICO to invest in, the reason why you should consider DigiToads is because of its versatility. It’s a utility meme coin that has been launched at a time when meme coins like Dogecoin and Shiba Inu have been garnering global attention. What adds to its versatility is that users can earn attractive rewards with its play-to-earn game where users can acquire, train and battle DigiToads. So, you get the best of both worlds.
Its native token is TOAD and it can be bought on presale. The TOAD cryptocurrency is a deflationary coin which means that its supply is kept intentionally scarce by burning tokens so that its value remains stable.
Talking about the rules of the play-to-earn game, players will have to acquire a DigiToad either by purchasing them, trading them, or winning them. Each of these DigiToads possess a unique set of characteristics that can help players during their game. Each player has to ensure that their DigiToad stays the strongest in the virtual swamp arena. For this, they can purchase potions, food, and training equipment with their TOAD Tokens. With these items, not only players can make their DigiToad stronger but also make it learn new abilities.
Once the DigiToads season ends, 25% of the players with the highest scores will be walking away with TOAD tokens as a reward. To ensure that community members are always rewarded, the team utilizes 50% of the proceeds realized from the sale of these items for the prize pool. Each DigiToads season lasts for a month.
Earning options galore
A key USP of DigiToads that makes it among the best cryptocurrency to buy in recent times is its staking mechanism for NFTs. The rewards that users get are directly proportional to the length of time they hold the NFT. For funding its NFT staking platform, the DigiToads team reserves 2% of every TOAD transaction that is processed on its platform for the staking pool. The move ensures that the staking pool always has ample funds to reward community members.
The platform has been fetching a lot of praise from both crypto enthusiasts and analysts because of its trading competitions which will be organized each month. Crypto users registering the highest trading volume in a month will be rewarded with a Platinum Toad. A Platinum Toad grants a crypto user remote access to 1/12 of the TOAD Token treasury. Plus, the winners will also receive 10% of the trading profits they fetch for the treasury. These competitions add to the platform’s utility and make it an apt choice for a crypto for beginners.
DigiToads will be joining the league of cryptocurrency platforms that are promoting a sustainable future. To that end, the platform will be donating 2.5% of its profits to charities working to replant trees and working for the preservation of rainforests across the world. The above reasons justify why DigiToads is arguably one of the most talked about crypto for beginners in recent days.
Talking about the global cryptocurrency community, DigiToads has been quite popular in recent conversations about the best ICO to invest in. And, why not? Through its staking mechanism, play-to-earn opportunities, or a versatile token like TOAD, the platform doesn’t disappoint. What’s more is that even cryptocurrency analysts are eagerly looking forward to DigiToads launch, with many even saying that it has the potential to earn over King-sized returns.
For More Information on DigiToads visit the website, join the presale or join the community
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