Can Moshnake Surpass The Success Of Dogecoin Following Its Launch?

Most cryptos that have experienced success in the crypto industry have one similarity: community. This factor is what the new cryptocurrency, Moshnake (MSH), hopes to tap into following its launch into the coin market as the latest game token.

Meanwhile, preexisting cryptos like Dogecoin (DOGE) and DAO Maker have benefited from their various communities, achieving success in their different niches.

This article explores how Moshnake (MSH) plans to mimic the successes of these other two cryptos on our list.

Moshnake: The Community-Led Game Token

Moshnake (MSH) is the latest play-to-earn NFT game entering the market. It is also a community-based token set to provide fond memories of the legendary Snake game.

Moshnake (MSH) players can buy and own Moshnake NFTs. Then, they can battle with their friends in the battle royale arena to feed and secure treasures and other NFTs. The game has two player modes: PVE, where players play against the environment, and PVE, where players form teams and battle against each other.

As a play-to-earn game, players will also earn in-game tokens known as VEN tokens. They can use these tokens to purchase in-game assets in the platform’s marketplace. Meanwhile, players who hold the governance tokens, MSH, can vote and decide on various platform upgrades.

Moshnake (MSH) plans to provide more incentives to its community, including token airdrops, to attract more players who will further promote the gaming platform. In addition, Moshnake (MSH) developers plan to leverage the Binance Smart Chain (BSC) to provide fast and low-fee transactions while also listing on major exchanges.

Dogecoin: The Pioneering Memecoin

The popular meme coin Dogecoin (DOGE) was created to be a fun, light-hearted alternative cryptocurrency to Bitcoin (BTC).

Like Bitcoin (BTC), Dogecoin (DOGE) is created through crypto mining, where several computers around the world compete to mine Dogecoin (DOGE) while also validating and processing network transactions.

However, unlike Bitcoin (BTC), which has a max supply cap, Dogecoin is purposely abundant — with 10,000 new coins mined every minute and no maximum supply.

Initially, Dogecoin (DOGE) was mostly a rewarding currency loved by its community – though with relatively little value. However, things changed in 2021 when Dogecoin (DOGE) grew from a peer-to-peer cryptocurrency to a high utility token. Many online stores and nonprofits now accept Dogecoin (DOGE) as a means of exchange.

Furthermore, crypto exchanges like BitPay and Coinbase now list Dogecoin (DOGE) on their platforms, providing prepaid cards that support the coin.

Consequently, DOGE rose to become one of the most valuable cryptocurrencies by market cap – ranking 10th in CoinMarketCap, at the time of writing. However, it is worth noting that each coin is worth only a few cents.

Dogecoin also enjoys the attention of personalities like Mark Cuban, Snoop Dogg, and Elon Musk — now known as the father of Dogecoin.

DAO Maker: Leading Platform For Startups

DAO Maker (DAO) is a decentralized platform for retail ventures to invest in growing crypto startups and NFT projects. Therefore, it is an intermediary launchpad between the startups and retail investors during fundraising.

DAO Maker seeks to protect its community members from the risks involved in token sales. Therefore, it thoroughly vets all crypto startups and products seeking fundraisers on its platform to protect its DAO token holders who wish to participate.

Furthermore, DAO Maker provides next-gen digital financial solutions for emerging blockchain-based projects. These solutions include operations and advisory services, incubation services, community building, marketing services, etc.

The DAO token, created on the Ethereum blockchain, powers the DAO Maker platform. The token gives users access to various project launches and token sales on the DAO launchpad.

Users can also stake their DAO tokens, participate in liquidity pools, or yield farming to earn different allocations and high yields (up to 15% APY at the time of writing). Staking the DAO token enables stakers to participate in the DAO community proposals and vote for ecosystem changes.

DAO Maker now enjoys a vast network of successfully launched projects, including XCAD Network (XCAD), Heroes and Empires (HE), beFITTER (FIU), and Numbers protocol (NUM). Many crypto startups and retail ventures prefer the DAO Maker launchpad due to its highly-vetted projects, high ROI, accessibility to token holders, and non-inflationary DAO token.

A Quick Summary

Dogecoin (DOGE) and DAO Maker have accomplished certain milestones, thanks to their various communities. Community members, in turn, now enjoy the benefits of their loyalty to these cryptos.

Moshnake (MSH) also plans to utilize its unique gaming community to achieve the same success in the cryptocurrency market while providing other incentives to attract more players to its gaming platform.

Join the Moshnake (MSH) community by participating in the ongoing presale

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

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Source: https://www.thecoinrepublic.com/2022/10/07/can-moshnake-surpass-the-success-of-dogecoin-following-its-launch/