New Memecoin: Dogeliens, to Battle Solana and Polygon

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Where would we be without NFTs? Since their popularization, Non-Fungible Tokens have become a must-have for most new platforms, as even existing platforms have updated their protocols to feature the creation and minting of NFTs. Their numerous use cases are a major attraction for such platforms, as they generate revenue quickly while offering expansion opportunities into the Metaverse. Here, we review how the new memecoin, Dogeliens (DOGET), ranks against top-rated NFT platforms Solana (SOL) and Polygon (MATIC).

Solana (SOL) 

Solana (SOL) was developed in 2017, following its whitepaper announcement, and released for mainstream cryptocurrency use in 2018. The platform helped resolve current crypto issues affecting top networks, like Ethereum, at the time.

Solana’s network has been associated primarily with low network charges on transactions among crypto users. These low network fees result from the low energy required by the network to perform and store blockchain transactions. Solana (SOL) operates on a hybrid protocol, which comprises a proof of stake and a proof of history protocols, both of which work to make the platform more user-friendly with its low gas fees.

Apart from that, the Solana (SOL) NFT marketplace is one of the most popular in the cryptocurrency market. The platform enables NFT minting and creation and protects the creator’s interests by binding them to smart contracts, so they gain their commission whenever anyone buys the token. Since the transaction fees are very low, the platform has been widely used since its launch in 2021.

SOL, the network’s native token, is used to stake on the platform while acting as a governance token. It is also the fuel for the platform, as gas fees are paid in SOL. The coin sells for about $28.12, according to CoinMarketCap.

Polygon (MATIC)

Polygon (MATIC) was the first side blockchain built to assist the Ethereum network by proffering scalability options for the network. The user traffic and the proof of work protocol were causing several drawbacks in network operations, leading to high network charges on transactions. 

The Polygon (MATIC) network acts as a parallel chain to the Ethereum blockchain. Although it is distinct from Ethereum, Polygon interacts closely with Ethereum by providing bridges through which users transfer crypto assets from their Ethereum wallets to the Polygon network and back. On supported exchanges, asset transfer between Polygon and Ethereum doesn’t attract as much charge as other platforms and Ethereum.

Polygon (MATIC) is especially relevant in the NFT trade. Most Ethereum-powered NFT platforms like OpenSea and EtherScan receive payments for minting, listing, and selling the token in Polygon (MATIC), instead of Ethereum. Thus, Polygon helps take the bulk of NFT trade operations off the Ethereum network, leaving it stable and functional.

Polygon presently sells for $0.816 on CoinGecko.

Dogeliens (DOGET)

Dogeliens (DOGET) is looking to launch its NFT platform in the top ranks of the sector. As a result, the developers are prepared to provide highly competitive features on their Puptopia NFT marketplaces, the Playpen and the Pupstore, and bring on several other utility measures. 

Like many other NFT platforms, Dogeliens’ (DOGET) Playpen is an avenue to create and mint NFTs from various forms of digital content. The NFTs generated here are suitable for use in blockchain games and exchange with other users. The Playpen allows its users to bind their minted tokens to smart contracts so that the creators easily get rewards for their work as soon as collectors pay.

The other NFT trade centre, Dogeliens’ (DOGET) Pupstore, contains already minted NFTs from the developers. They are for sale to any user, and like the NFTs from the Playpen, they are useful in the Metaverse gaming space, and users can exchange them with one another.

These NFT platforms are two of the three components of the Dogeliens ODOGET) ecosystem. The third, the University of Barkington, is an educational platform for enlightening crypto users on DeFi solutions and how the users can benefit from them.

The Dogeliens (DOGET) presale event is ongoing and already in stage 4. The developers have audited the smart contracts and gotten DOGET listed on CoinMarketCap and CoinGecko. In a few weeks, they will be officially launching the ecosystem. 

Join the presale now, so you don’t have to get the tokens when their cryptocurrency prices spike. 

Dogeliens (DOGET)

Presale: https://buy.dogeliens.io/ 

Website: https://dogeliens.io/ 

Telegram: https://t.me/DogeliensOfficial 

*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.


Source: https://en.cryptonomist.ch/2022/10/26/memecoin-dogeliens-battle-solana-polygon/