From scandals to regulatory action, the last year it has brought along several headwinds that inhibited the growth of the global crypto market. As the market struggles to get back on its feet in 2023, crypto users are looking for the top altcoin that can boost their earnings and also help to diversify their portfolio. Amidst their search for dependable projects like DigiToads and Polygon have emerged as some of the most sought-after options. While Polygon is an Ethereum-friendly solution, DigiToads is a high-utility meme token that was launched earlier this year. Despite being in its presale stage, the Ethereum-powered meme token has commanded the attention of global analysts with its nuanced functionality.
DigiToads: The best way to learn cryptocurrency trading for beginners
DigiToads has featured among the best new icos of 2023 due to its hybrid economic model built by combining a Web 3.0 game, a meme token, and a staking mechanism into a single interface. The platform’s native token, TOADS is the primary cryptocurrency on the network. Using the TOADS token, one can stake NFTs, swap tokens, enter giveaways, win prizes, receive monthly rewards, participate in play-to-earn games, and do much more. The token can be bought on presale. DigiToads’ presale process would span over ten phases and currently, its fifth stage ‘Lillypad 5’ is in progress.
If you are interested in exploring cryptocurrency trading for beginners, DigiToads can be a good place to start. The platform organizes a trading competition every month. The winner is selected based on the trade volume booked by each participant. The participant clocking the highest volume wins the competition. The reward for these contests will be a Platinum Toad that makes the winner eligible for remotely accessing the DigiToads treasury fund. Working under the supervision of the DigiToads team, the traders would be learning how to manage the treasury fund. Once they are confident about their skills, these traders would be joining the team.
The DigiToads team has decided to donate around 2.5% of the annual profits to organizations working for rainforest preservation. With the donations, the team aims to save rainforests that house several species of toads. The community members would select the organizations that would receive these donations every year. In addition, the team would be launching a think tank to make people more aware of cryptocurrencies and what DigiToads has to offer. The think tank would be called the ‘TOADS School’ and the information would be disseminated in the form of sessions. To access these sessions, a community member must hold at least three TOADS NFTs.
Polygon-based feeder fund to help Hamilton Lane offer tokenized access
Polygon is a top altcoin that has been designed as an Ethereum-compatible scaling solution. With its tools, developers can look forward to deploying user-friendly and secure dApps and other kinds of decentralized systems. Its native token is MATIC which can be used for transactional use cases on the network. With Polygon, developers can leverage decentralized infrastructure to build public blockchains, app-specific blockchains, zK rollup chains, and decentralized identities. Being a Layer 2 scaling solution, Polygon offers a less complex mechanism for scalability and makes instant transactions a reality. Its choice of consensus protocol is proof-of-stake. In recent news, global investment management company Hamilton Lane announced that it would offer tokenized access to another fund. The access would be facilitated by setting up a feeder fund on the Polygon network. The Polygon-powered feeder fund would be made available with the help of Securitize.
Check out what market experts are saying about DigiToads
If you are thinking about what crypto should I buy, it’s time you paid heed to what analysts are saying about the two aforementioned coins. As far as analysts go, DigiToads has the upper hand over Polygon due to its higher growth potential. With features like decentralized governance, rewards for incentivizing participation, and a multitude of options for earning passive income, analysts feel that the TOADS token has the potential to fetch higher gains for its holders.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Image Source: kviztln/123RF // Image Effects by Colorcinch