The world of NFTs has many hidden gems that can not only boost your crypto gains but also diversify your portfolio. NFTs’ recent success can be credited to their accessibility for every industry – be it sports, entertainment, fashion, or gaming. DigiToads (TOADS) is among the undervalued NFTs ecosystems and has been making strides with its innovative and cutting-edge features. Given its presale growth, many analysts even call it one of the best new icos of 2023.
DigiToads is a leading decentralized platform that’s powered by the Ethereum network. Its secret to success is its hybrid DeFi model, which amalgamates the features of three different tokens and offers a nuanced utility to its users. This dynamic model allows users to stake NFTs, trade tokens, win crypto tokens in play-to-earn games, and much more to earn passive income. Its native token is TOADS which is used for all transactions on the network.
The TOADS token can currently be bought on presale, and so far, the project has sold out almost 95% of the coins. Its presale funding too has stunned everybody after it crossed $5.8 million.
One of the easiest ways to earn with DigiToads is to stake NFTs on the platform. The longer your NFT is locked, the higher the rewards you earn. The DigiToads team maintains a rewards pool by deducting 2% of all TOADS transactions to give out these staking rewards.
One of DigiToads’ key draws is that it enables one to learn cryptocurrency trading for beginners in a hassle-free manner. It makes learning and participating a rewarding experience. For instance, if one engages in trading competitions organized by the platform every month and wins, they can learn about treasury management from the DigiToads team. The participant who brings the highest trading profit margin is declared the winner. The winners also share the profits of the competition with the platform.
Another way you can learn about cryptocurrencies is by attending the online session that DigiToads’ think tank – the ‘TOADS School’ – will be organizing over the next few months. To attend these sessions, one must acquire at least three TOADS NFTs. The DigiToads team also has plans to launch an official merchandise range for the platform’s fans. The proceeds generated from the sale of these items would be donated to organizations that are working for environmental conservation.
The Bored Ape Yacht Club is a decentralized platform where one can find 10,000 ape characters represented by NFTs. Its native token BAYC is the medium of exchange of the network and is one of the top altcoins of 2023. These NFTs also double up as a membership card to an exclusive club for the Bored Ape Yacht Club community. The club membership includes various perks and benefits, including access to a collaborative graffiti board called ‘THE BATHROOM’. The BAYC token has witnessed positive price action over the past few weeks. Based on its past performance and market indicators, analysts feel that it will maintain its bull run over the next few months.
Crypto Punk is a decentralized platform where one can access a wide range of NFTs. The platform also allows users to buy NFTs called Crypto Punks, a collection of 10,000 characters like apes, zombies, and aliens. These characters are called ‘punks’ and have proof of ownership. These punks have different attributes and are stored on the Ethereum network. Credited for being the inspiration behind the modern-day CryptoArt movement, Crypto Punk NFTs feature innovative and interesting artworks, have made headlines, and even found a mention in leading publications.
Confused about what crypto should I buy now? You can pick BAYC, Crypto Punks, or DigiToads any day, as they are dependable cryptocurrency and NFT-based projects. However, considering their growth potential, most analysts would recommend DigiToads. The Ethereum-based meme token has a hybrid DeFi model, which opens up multiple options of earning passive income for its users. DigiToads might be the undervalued NFT platform that could help diversify your portfolio and mint potentially huge gains in the medium to long term. Head over to the presale site and learn more about this upcoming new cryptocurrency project.
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