Metaverse and Web 3 represent the newest innovations in blockchain technology, which are bringing about some of the most exciting opportunities. Decentraland (MANA), and Sandbox(SAND) have been two projects that always dominated the attention of the two technologies. DigiToads promises to disrupt and become the new big thing. They have already generated more than $1.35m from presale.
DigiToads Web Potential
DigiToads aims to be a utility meme coin that will impact many aspects of your life. In its quest to be the largest meme coin alongside Dogecoin, Shiba Inu and Shiba Inu Coin (SHIB), it has set its sights on Play to Earn Gaming (P2E) to create value. It has therefore unveiled an exciting Web 3 game in which players can walk away with TOADS tokens.
The Web 3 game requires players to only collect DigiToads and care for them to make sure they are the strongest and largest DigiToads in the swamp arena. In order to do this, players will need to use TOAD tokens in order to buy food and training gear that will help them nurture their DigiToads. Top 25% of players will receive TOADS as rewards for their DigiToads.
DigiToads will allocate 2,5% of the profits from its DigiToads program to the rewards program. As part of its charitable programs, the funds will be used to support projects that focus on replanting and conserving rainForests.
Owners of non-fungible tokens can also smile, because they will be able earn passive income by staking their tokens. DigiToads has decided to put 2% of each TOADS payment into a staking pool, which will be used to reward those who stake their tokens on the NFT staking platforms.
Monthly trading competitions will increase the trading volume within the ecosystem, and provide another opportunity for earning rewards or income. Platinum Toads will be awarded to winners, which can then be used to access TOADs’ treasury.
TOADS, the network cryptocurrency that is currently being presale, has a lot of interest. The total supply of this deflationary coin is 585 million. A burning mechanism will also ensure that the total supply decreases over time.
Decentraland
Decentraland, a virtual reality token that is focused on metaverse gaming, has doubled its value in the past year. But despite its impressive rise, the token’s value is still over 80% below the all-time highs.
Nevertheless, it’s been growing in popularity and bottoming out as a unique virtual reality token that allows people to participate in various adventures. Decentraland allows people to experience medieval mazes, virtual spaces and other previously unknown ways.
One of Decentraland’s biggest undoing is that virtual reality and metaverse space acquisitions have been drying up in recent months. The focus of tech companies is increasingly on generative artificial intelligent.
Sandbox (MANA).
Sandbox is a unique metaverse game and Web 3 that combines virtual land ownership, non-fungible tokens and community-designed Mini-games. The native SAND token has already risen by more than 90% this year.
The stellar performance has everything to do with the project’s three main offerings. VoxEdit, a marketplace and platform, allows users to create non-fungible tokens. It supports the creation and ownership of art, collectibles and videos. Sandbox is able to take advantage of the increasing interest in the gaming industry.
Bottom Line
Metaverse and Web 3 both refer to virtual reality. Decentraland and Sandbox, both with virtual reality aspirations, are two projects that stand out in the industry. DigiToads, however, promises to change the game with its web 3 P2E and attempt to increase NFT stakes.
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Disclaimer: This article is sponsored and the views expressed in it are not those of ZyCrypto. They should also not be attributed to them. Readers are advised to conduct their own research before taking any decisions related to the crypto projects, products, or companies mentioned in this article.