Is DigiToads' Successful Presale of TOADS, A DeFi Token, Hinting of The Future of Crypto Finance?

Presale often indicates whether a new cryptocurrency will be a success or a flop, as it affirms the level of interest and demand in the market. DigiToads (TOADS) is a new project that has shuttered records with its presale raising over $4.8 million amid strong interest from whale investors. The strong interest has to do with the project revolutionizing the meme token space backed by solid utility and use cases.

DigiToads, the future of Crypto Finance

DigiToad’s raising over $4.8 million in presale has to do with the project’s unique features around play-to-earn gaming and staking to earn. The Ethereum-powered project has also set out to make a name for itself in Decentralized Finance by unveiling trading competitions and affirming its focus on conserving the environment.

The full-blown utility meme project has unveiled a thrilling Web 3 game that remains the talk of the crypto sphere offering gamers a unique way of earning while doing what they like. In the thrilling game, gamers have to acquire and nurture avatar-like creatures dubbed DigiToads by purchasing food and training equipment that helps ensure the avatar develops unique characteristics.

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The ultimate goal is to ensure one’s avatar develops unique characteristics and becomes the largest and strongest in the swamp arena. At the end of each gaming season, gamers with the largest and strongest avatar are to earn Toads tokens as rewards. DigiToads has already set aside 50% of all earnings generated from the sale of in-game items to be used in rewarding the top 25 players in the leaderboard. In an attempt to cater to different interests and create value, DigiToads has also enabled staking in the network, offering yet another exciting way for users to earn. It is to set aside 2% of early Toads transaction tax into a staking platform that will be used to reward people who stake their non-fungible tokens.

Staking is part of DigiToad’s effort to strengthen its prospects in decentralized Finance, an area where most meme coins have struggled significantly. The ability to offer a unique way of earning on the network also continues to attract more people, therefore, driving strong demand for the network’s native TOADS token.

Utility in the DigiToads network does not stop with P2E gaming and NFT staking. Instead, the next-generation meme coin is to host monthly trading competitions that further strengthen its DeFi prospects. The initiative is to reward traders who come out on top with the highest trading competition. Consequently, the traders are to walk away with Platinum Toads that they can use to access the Toad’s treasury. In addition, Platinum Toad holders are to receive 10% of all trading profit for the treasury.

In addition to enabling unique and exciting ways of earning in the network, DigiToads has also affirmed its commitment to conserving the environment. Consequently, it has committed 2.5% of all profits generated in the network to be donated to charity initiatives focused on conserving rainforests and supporting the replanting of trees. The charity initiative has been one of the features that have continued to attract sustainably focused investors into the network.

TOADS is the network native token flying high in presale, with its value exploding by over 200%. The token acts as a medium of exchange, offering holders an opportunity to pay for transaction fees and purchase in-game items and profit from price appreciation. Its continued to explode in value as a deflationary token, with its total supply capped at 585M coins. The total number of tokens in circulation is also expected to shrink over time thanks to a token-burning mechanism expected to trim the supply further.

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Bottom Line

DigiToads uniqueness and utility around P2E gaming NFT staking and trading is what sets it apart from other established meme coins. It continues to ellipse Shiba Inu and Dogecoin as the next meme king owing to its real-world application backed by solid use cases. While its native token has exploded in presale, the prospects of further price gains are high, with experts projecting gains of over 1000%. The gains will come from the token listing on a major exchange, which will strengthen its exposure in the broader market.

For more information on DigiToads visit the website, join the presale or join the community for regular updates

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