Finding a high-growth cryptocurrency in a pool of hundreds of projects takes work. However, as the focus shifts towards projects with proven utility and use cases, some are providing high-risk rewards with the opportunity of bolstering any wallet. Toncoin (TON), Bitcoin Cash (BCH), and DigiToads (TOADS) are some of the projects with the prospect of generating significant returns down the line.
DigiToads Passive Income Opportunities
DigiToads is a new project that has the potential to be one of the most rewarding assets as it combines play-to-earn (P2E) features and meme coins. Unlike Dogecoin and Shiba Inu, which only trade based on hype and speculation, the new project currently in presale is backed by a proven utility.
The project offers a custom entertaining Web3 game whereby players acquire DigiToads and nurture them for the opportunity to earn rewards. The ultimate goal is to make them the strongest in the swamp arena by purchasing food, potions, and training equipment. At the end of each season, the DigiToads that are the biggest and the strongest get rewarded.
At the end of every month, 25% of players on the leaderboard will receive TOADS tokens as rewards. The rewards are generated from the sale of items in the game. In addition, DigiToads has also enabled trading competitions as it seeks to enhance trading volume in the ecosystem. The trading competitions are to take place over the year, with winners standing to win prizes of Platinum Toads each month.
DigiToads has also unveiled an NFT staking platform in which 2% of every TOADS transaction will be added. Consequently, people who stake their non-fungible tokens stand to earn rewards from the staking pool.
TOADS Tokenomics
TOADS is the native token that makes everything possible in the DigiToads ecosystem, acting as a medium of exchange and a governance token. With the token, people will be able to purchase food and equipment that they can use to grow their DigiToads. Additionally, token holders can stake the token to earn some passive income.
The total number of TOADS tokens that will ever be in circulation is capped at 585 million, with 272.5 million posed to go on sale in presale. A token burn mechanism will also burn a significant amount of the tokens to limit supply and create scarcity. Therefore TOADS will operate as a deflationary token given the ever-reducing supply.
Toncoin for Telegram
Like DigiToads, Toncoin is a hidden gem crypto project that could have significant upside potential. The blockchain network is integrated into Telegram, a private networking app sending shockwaves. It is one of the top 50 cryptocurrencies with over $2 billion market capitalisation.
Like layer 1 blockchain, it offers lightning-fast transaction processing speeds at some of the lowest fees. In addition, it is making a name for itself by making it easy for people to develop decentralized applications. Consequently, it operates like Ethereum but is backed by more than 700 users on Telegram.
Bitcoin Cash vs Bitcoin
While the focus has always been on Bitcoin, the flagship cryptocurrency, Bitcoin Cash, is a faster and cheaper alternative. Split from the Bitcoin blockchain, it is living up to expectations in being peer-to-peer electronic cash. Moreover, it has positioned itself as the digital equivalent of cash as Bitcoin remains more of a store of value like digital gold.
Bitcoin’s cash edge also stems from its blockchain ability to process 116 transactions per second compared to seven for Bitcoin. It also has some of the lowest transaction costs. It is a popular alternative, given its lower valuation than Bitcoin.
Bottom Line
As the cryptocurrency sector evolves and matures, the focus is shifting to projects with real-world application and use. DigiToads is one of the projects that ticks all the boxes on providing a framework for people to earn through P2E and NFT staking. Additionally, it is a project worth considering, given that its structured pricing could result in a 450% increase in its native coin value in presale alone.
For More Information on DigiToads visit the website, join the presale or join the community.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
