The bear market experienced last year is slowly fading. Cryptocurrencies are on the move, posting gains amid renewed investor interest and the need to diversify investment portfolios. While Aptos (APT) and Lido DAO (LDO) have posted significant moves year to date, DigiToads (TOADS) promises more than 3000% gains as it moves to transform the play-2-earn (P2E) and staking spheres.
DigiToads value proposition
DigiToads is not your typical cryptocurrency but a new project adding significant utility to meme coins while providing new avenues for earning in the blockchain. Consequently, it has enabled a play-2-earn ecosystem whereby people can play a thrilling Web 3 game that collects, nurtures, and battles unique DigiToads.
Each player only has to use their TOADS, the network native token, to purchase DigiToads, which boasts unique characteristics. Players will want to make their DigiToads the strongest and largest in the swamp arena to stand a chance of earning additional rewards through TOADS tokens by purchasing food potions and training equipment to increase the size and abilities of the DigiToads.
To ensure the entire community is always incentivized, DigiToads is to set aside 50% of all the funds raised from selling items in games for its reward schemes. In addition, it will set aside 2.5% of the profits garnered from the DigiToads project for use in charities committed to replanting trees and preserving the rainforest.
In the DigiToads ecosystem, there will also be trading competitions intended to increase the network’s trading volume. The monthly trading competitions will see people walk away with on-chain prizes in Platinum Toads. The rewards also accord holders access to 1/12 of the TOADS treasury.
Investors who wish to generate passive income and benefit from TOADS price appreciation can also do so through an NFT staking platform. Users can use the platform to stake the non-fungible tokens. The longer the NFT is staked, the more the holders stand to earn in rewards.
TOADS, the network native token, is currently in presale with holders expected to gain 5.5x return on their investment or 450% returns. The growth is expected to increase exponentially upon the token launch in a major exchange.
In addition, it is a deflationary token meaning the total supply of TOADS that will ever be in circulation is capped at 585 million. In addition, a token-burning mechanism is designed to burn TOADS tokens to limit supply and enhance value.
Aptos taking on Ethereum
Aptos is one of the layer-1 blockchain projects giving Ethereum a run for its money which explains its impressive gains in the market. As a layer 1 proof of stake blockchain, it provides a platform for developing decentralized applications and smart contracts.
Its edge, compared to Ethereum, has to do with the fact that it’s cheaper and faster and does not suffer from congestion issues. The transaction speeds on the Aptos blockchain can top highs of 150,000 transactions per second. In contrast, Ethereum can only process 10 to 15 seconds a second. Consequently, it is highly suited to enable decentralized finance and the next generations of Web3 innovation. Its diverse use cases might explain why APT, the native token, has been flying high.
Lido DAO for staking
On the other hand, Lido DAO is an underappreciated cryptocurrency project that offers exciting staking opportunities as DigiToads. In addition, the project offers a platform allowing crypto investors to pool their funds to enter the staking business.
While Lido DAO staking solution mainly supports Ethereum, it also brings node appropriators on Solana and other blockchains. Moreover, it stands out for decentralizing the staking process, offering attractive benefits in cryptocurrency investing.
DigiToads has everything to be a success and generate significant value as it pursues growth opportunities around P2E and NFT staking. The developers have planned to expand its Web3 gaming capabilities and integrate it with other blockchains. Any expansion will enhance TOADS vast utility, which should increase its value exponentially even as it is expected to explode by 450% in presale.