Every crypto cycle boasts projects that mint a new generation of wealth. These new ICOs begin humbly, slowly building a following and then exploding into top altcoins. A classic example was the Binance Coin (BNB) ICO held in 2017. And analysts believe they have found the next hidden superstar.
DigiToads (TOADS) has massive plans to rewrite DeFi history. Its unique approach to cash flow generation means it is easily one of the most undervalued tokens currently on the market. Early investors are already up 400%, and analysts expect violent hockey stick growth when the ecosystem kicks into gear on August 21st. This article dives into the native token $TOADS, an undiscovered 100X crypto gem.
DigiToads (TOADS) A New Generation of Blue ChipsÂ
Created in the depths of a bear market DigiToads naturally provides better value accrual mechanisms than tokens launched in the era of cheap liquidity. And digging into the protocol’s native ecosystem, The Swamp, reveals a sleeping tiger.
The protocol leverages the classic virality associated with memecoins and a cute mascot but blends this with sophisticated economics and powerful game theory to create a new token type. Introducing the meme utility hybrid.
Analysts pointed to the impressive presale raise already eclipsing $6.9 million. They stated that due to The Swamp’s cash flows, $TOADS could easily 100X before Q1 2024, making it one of the most critical altcoins to watch.Â
The Swamp & Cashflows
The Swamp provides several unique earning mechanisms for community members, and all components contribute to the larger DigiToads flywheel. Features include NFT Staking, the play-to-earn game Toad Cade, a proactive treasury management system, a native DEX, and even an educational platform.
The NFT Staking mechanic has to be one of the protocol’s most novel elements. Stakers of the DigiToads NFT Collection earn rewards from a payout pool that receives 2% of all transactions in the ecosystem. This ingenious mechanism concentrates $TOADS rewards with long-term supporters aligned with the protocol’s mission.Â
Toad-Cade, the play-to-earn game, offers another earning angle. Players battle digital toads in the arena with the ability to customize their toads’ attributes with purchases from the in-game store. Every season the protocol distributes a prize pool to the top 25%. Revenue generated by the store funds the prize pool and an airdrop for all $TOADS holders.
The Swamp’s taxation system,Toad Tax, guarantees the sustainability of all payouts and routes capital efficiently throughout the protocol. The team’s commitment to sustainability means that instead of unnecessary inflation, the ecosystem becomes self-propagating.
DigiToads: Deflation, Asset Management, and DeFi Composability
Two of the most robust mechanisms constantly working to accrue value for token holders are indirect. The burning campaign orchestrated via the Toad Tax burns 2% of transactions entering and leaving The Swamp, enforcing scarcity. And scarcity always leads to value.
However, the Platinum Toads initiative makes TOADS one of the best DeFi projects on the market. Selected from monthly on-chain trading competitions the protocol distributes remote control of its treasury to the twelve most profitable traders. These traders keep 10% of profits and ensure a rapidly expanding treasury.
This proactive approach to treasury management distinguishes TOADS from other protocols. And it allows DigiToads to invest heavily in development, all to further its aims of becoming a dominant Web3 currency with deep composability across DeFi. Â
Closing Thoughts: The Next 100X GemÂ
DigiToads has a small market cap, an incredible value proposition, and already enjoyed a highly successful presale. Everything from sentiment to on-chain data indicates that this blockchain ICO is ready to absolutely fly at launch.
Investors should mark their calendars. All ecosystem mechanics go live on August 21st, and the materialization of cash flows will lead to a drastic repricing of $TOADS on the open market. Participate in the presale today and join DigiToads, a 100X altcoin gem, on its journey to the top!
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