- MetaDogeSwap is a memecoin cryptocurrency token launched to introduce buyback in the cryptocurrency industry and is the neatest & new Doge token in the ecosystem.
- The MetaDogeSwap project also aims to introduce virtual dogs in the metaverse by creating and developing labs to construct and grow virtual dogs, which would interact with everyone via the AR (Augmented Reality) / VR (Virtual Reality) gadgets.
- The project also revealed a feature called MDS debit ($MDS being the token symbol) which includes two cards, silver, and diamond, with several privileges including airport lounge +1 guest.
The cryptocurrency sector is full of a variety of cryptocurrency tokens. From major cryptocurrencies like Bitcoin (BTC) & Ethereum (ETH) to stablecoins like Tether (USDT) & USD Coin (USDC), all have managed to maintain their role in the ecosystem. However, an interesting category has emerged over the past few years, namely memecoin. Memecoins are cryptocurrency tokens that are inspired by memes and have major supporters from active social media users. A new memecoin, named DogeCoinSwap, has been launched recently. MetaDogeSwap is the most recent and neat DOGE token to be available.
MetaDogeSwap is a community-driven project which is not just a memecoin but simultaneously a utility in the cryptocurrency ecosystem. As per the project’s platform, there might not be any other cryptocurrency that is more aggressive or aspiring than MetaDogeSwap and the token has a very strong marketing team and developers working on it to accomplish the Moonshot mission.
Does The Industry Need MetaDogeSwap?
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The MetaDogeSwap token has been launched to introduce buyback in the cryptocurrency industry. The project offers an automated buyback feature that helps holders by purchasing MetaDogeSwap tokens from the open market constantly and independently, simultaneously giving rewards to abiding holders by distributing the tokens to staking pools. The project also claimed that there have been several developments that support the proposal of improvements via MetaDogeSwap and will be brought into action after getting approved by community voting.
MetaDogeSwap also aims to introduce virtual dogs for the metaverse. It looks forward to being a blockchain-based platform, developing labs and creating virtual dogs in the metaverse, integrating them and bringing a marketplace for these virtual dogs. As per the platform, since reality is moving towards technologies and the metaverse’s incorporation entirely, MetaDogeSwap decided to introduce man’s best companion to the metaverse and build virtual dogs that engage with people using AR-VR gadgets. Metadogeswap is developing a blockchain-based platform that will enable individuals to construct and grow virtual dogs of any size and form, as well as a marketplace for selling and buying them. They also claimed that these virtual dogs are going to be the greatest and baddest inside the metaverse.
The $MSDS Token & Its Distribution
The symbol of MetaDogeSwap is $MSDS and is listed on multiple platforms. At the time of writing, the $MSDS token is trading at $0.000000001854 after facing an uptrend of 26.55% in the last 24 hours. The token acquires a max supply cap of 1 quadrillion, of which 390 trillion is the current circulating supply. As per the data from the MetaDogeSwap platform, off the total supply of tokens, 25% of tokens have been distributed in the presale, 14.4% for liquidity, 5% for development, and another 5% for marketing.
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MetaDogeSwap Project’s Roadmap
Different activities including past and upcoming have been divided into 21 phases which include:
- Phase 1 – Launching website
- Phase 2 – Initiating social media marketing
- Phase 3 – Setting up launch date for the token
- Phase 4 – Audit date for the token
- Phase 5 – Following the contract deployment, burning 50% tokens
- Phase 6 – Starting community airdrops and distributing BNB to winners
- Phase 7 – Following the presale, deploying airdrop rewards in BNB to avoid dumping after the presale
- Phase 8 – Launching date of the token
- Phase 9 – Promo campaigns and massive marketing
- Phase 10 – Listing of CG after 3 days
- Phase 11 – Listing of CMC after 6 days
- Phase 12 – Expanding the team of developers
- Phase 13 – Hiring cryptocurrency influencers
- Phase 14 – Further listing on exchanges
- Phase 15 – Updating website V2 for NFT marketplace
- Phase 16 – Creation and development labs for virtual dogs
- Phase 17 – Creating the NFT auction house
- Phase 18 – Initiating burning of tokens every 3 months
- Phase 19 – Developing MDS swap and MDS Debit
- Phase 20 – Developing MDS exchange market and releasing whitepaper V2
- Phase 21 – Announcing partnership and setting new future goals
MDS Debit
MetaDogeSwap has also displayed a feature named MDS debit with images of debit cards and their privileges. One card has been named Silver which offers an airport lounge +1 guest with subscriptions to Spotify, Netflix, Amazon Prime, and Expedia Reimbursement. This card has no monthly fee but an annual fee of $10 with a $15 delivery fee. It also gives an ATM withdrawal limit of $800. On the other hand, the second card, named Diamond, is quite similar to silver except this card does not have an annual fee or delivery fee and the withdrawal limit is $1000.
Not much detail has been mentioned on the platform or in the project’s whitepaper regarding MDS debit, however, a small hint of this feature’s development has been given in its roadmap.
MetaDogeSwap is a good project which aims to contribute to the ecosystem in multiple ways. With its ambitious team and audit partners like TechRate, Certik, and IntrFi Network, the project might soon accomplish its Moonshot mission. Although the project is in its earlier stages, therefore not much could be presumed or predicted yet.
Source: https://www.thecoinrepublic.com/2022/01/24/what-is-metadogeswap-mds-debit-its-virtual-dog-in-the-metaverse/