Cryptocurrency has taken the world by storm, with the value of many coins skyrocketing in recent years. One coin that has been making waves in the crypto world is DigiToads (TOADS). In this guide, we’ll take a closer look at DigiToads and why it might be a good investment opportunity for you.
What Is DigiToads?
DigiToads is a blockchain-based project that allows users to own and trade unique digital assets in the form of NFTs (Non-Fungible Tokens). The project is built on the Ethereum blockchain, ensuring fast and secure transactions.
One of the unique features of DigiToads is its focus on community. The project is built to continuously reward the community of TOADS holders, with 10% of funds raised being airdropped to token holders on a monthly basis. This ensures that TOADS holders are incentivized to hold onto their tokens, as they will receive rewards even if they don’t sell.
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NFT Staking
Another way that DigiToads rewards its community is through its NFT staking platform. 2% of every TOADS transaction that takes place is added to the staking pool, ensuring that there will always be funds available to reward community members who stake their NFTs.
The longer an NFT is staked, the more the holder will earn in rewards. This incentivizes community members to hold onto their NFTs for longer periods, which helps to create a more stable market for DigiToads.
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Trading Competitions
DigiToads is also focused on increasing daily trading volume within its ecosystem. To achieve this goal, the project hosts monthly trading competitions on-chain, with prizes of a Platinum Toad awarded each month.
A Platinum Toad allows the owner remote access to 1/12 of the TOADS treasury to be traded. This ensures that the best community traders within the ecosystem are in charge of the treasury, which helps to create a more democratic environment for DigiToads.
If you’re one of the 12 trading the treasury with a Platinum Toad, you’ll receive 10% of all trading profits you make for the treasury as an incentive to increase the treasury size. This not only incentivizes community members to trade more frequently but also ensures that the community benefits from the success of the project.
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Huge Potential: DigiToads Presale Open Now
DigiToads is a unique project that offers a range of incentives for community members to get involved and hold onto their tokens. With monthly rewards for token holders, a staking platform for NFTs, and trading competitions with Platinum Toad prizes, DigiToads is a project that’s built for the community.
As the market begins to understand the value of DigiToads NFTs and the residual income they provide holders, early TOADS investors should prepare themselves for explosive price action!
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For More Information on DigiToads:
Visit The DigiToads Website
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Join The Community
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Source: https://www.thecoinrepublic.com/2023/03/27/the-lazy-mans-guide-to-digitoads-toads/