Solana’s decision to integrate a ChatGPT plug-in marks a new era in decentralized finance where artificial intelligence (AI) is the driving force. It paves the way for more pioneering technologies to find application in the DeFi ecosystem. Apart from the buzz about Solana, another cryptocurrency that has been making headlines is DigiToads. A meme coin that’s built on the Ethereum network and features a hybrid economic design.
Its claim to fame is a framework that lets users explore multiple opportunities for earning residual income. Within a few weeks of its launch, the cryptocurrency ico has made a lot of noise with its stupendous presale growth. With six stages complete and four more to go, the DigiToads project has raised more than $4.65 million in presale funds.
DigiToads: Everyone’s go-to meme coin
DigiToads is a next-generation meme token that has surprised the crypto-verse with its unique model. It has emerged as a top crypto to invest in as its economic design sports the functionality of three different cryptocurrencies. In other words, with DigiToads, you can enjoy the benefits of a meme coin, a Web 3.0 game, and a staking portal on a single interface. To make these opportunities even more accessible, the platform has released a native token called TOADS, which will be used for all transactional purposes on the network.
Built on the ERC-20 protocol, the TOADS token balances utility with versatility in a way that’s very uncommon for new altcoins. For instance, it doubles up as DigiToads governance coin. All TOADS token holders will be eligible for voting rights, which they can use whenever a fellow community member pitches a proposal. These proposals usually deal with operational matters, seeking changes to improve the DigiToads ecosystem.
If we are talking about DigiToads USPs, we can’t miss its play-to-earn game, where players can win TOADS tokens as a prize. The game takes place in a virtual swamp designed like an arena, and players have to defend themselves against their competitors with the help of a special breed of digital creatures called DigiToads.
These creatures are known for their extraordinary strength and have varying special characteristics. The surprise element can change the game when you think you have everything under control. Players can purchase training equipment, food, and potions for their DigiToads to boost their chances of winning. Right from DigiToads to food and potions for them, all in-game assets can be bought with TOADS tokens. A portion of the proceeds from the sale of these items is used to maintain the game’s prize pool.
Another attractive feature of the platform is the trading competitions that its team organizes. These contests are helpful monthly, and the winners get the chance to learn about treasury management from the DigiToads team and eventually help in the task once they become skilled at the job. In addition, the winners get to keep 10% of the monthly profits they book for the platform.
Solana co-founder calls it the ‘Apple of cryptocurrencies’
Solana is a decentralized platform where developers can let their imagination and innovation run wild while building dApps with next-generation Web 3.0 tools. Its native token is SOL and features enhanced functionality, making it a top crypto to invest in.
A major reason why many developers like Solana is because of the level of scalability it offers. The enhanced scalability of Solana-based dApps can be credited to its unique consensus mechanism, which is a mix of proof-of-stake and proof-of-history algorithms. The cryptocurrency recently hit the headlines after its co-founder Raj Gokal stated that it has the potential to become the ‘Apple of crypto’ while stressing how its focus on core engineering, user experience, and performance sets the decentralized network apart.
If it’s a beginner cryptocurrency that you are after, then both Solana and DigiToads are dependable projects to consider. However, if you are interested in exploring a token that even analysts are back with, you should choose DigiToads. Market experts feel that the latest ico is a dependable option for anyone looking to build a steady source of passive income and diversify their portfolios. Experts feel the TOADS token has a long way to go regarding future returns. In the next few months, they feel that the TOADS token has the potential to jump by 50x and smash crypto records.