If you are looking to diversify your portfolio in 2023, the cryptocurrency market has many interesting new tokens that you can choose from. From meme coins to Web 3.0 games to educational platforms, these cryptocurrencies explore the potential of blockchain technology with innovative ideas that are not only benefiting users but also raising the bar for the decentralized finance (DeFi) ecosystem. DigiToads (TOADS) is among the new cryptocurrencies that launched in 2023 and the TOADS token has managed to impress both crypto users as well as analysts. Built on the Ethereum network, DigiToads has adopted a unique approach for its economic design that sports features of different kinds of crypto tokens. The key advantage of such a hybrid model is that users get to explore multiple opportunities. At the same time, it has opted for a decentralized autonomous organizations model (DAO) for its governance where its community members can contribute to the decision-making process and voice their concerns. We bring to you a list of crypto tokens that like DigiToads have been hitting the headlines with their state-of-art features and potential to drive growth.
1. DigiToads: A cutting-edge DeFi model for long-term gains
DigiToads has become the talk of the town with an unconventional model and lucrative rewards system. What’s different about the model is that it’s a combination of a meme coin, a Web 3.0 game, and a staking platform. So, you can boost your passive earnings by staking NFTs, trading tokens, participating in trading competitions, and playing Web 3.0 games. For those still learning the ropes of cryptocurrency trading, there are options like prizes, giveaways, and monthly rewards that they can win by just engaging with the platform. Another factor that makes DigiToads a good beginner cryptocurrency is its easy-to-use interface.
To access any of the above-mentioned opportunities, one would first have to acquire the platform’s native token TOADS, which is built using the ERC-20 protocol of the Ethereum network. The token will be used for various transactional purposes like making payments, taxes, and staking among others. The TOADS token also doubles up as a governance coin, so its holders will get to vote for community proposals with voting rights. The latest ico has been phased with over ten stages, of which four are complete. Its fifth stage, Lillypad 5, is in full swing and the crypto project has raised over $2.6 million in presale funding. For many analysts, the top reason why they have included DigiToads in their list of best cryptocurrency icos is because of the token’s deflationary character. Designed to curb the impact of inflationary tendencies and price fluctuations, the model regulates the token supply in such a way that the coins always have a limited supply. To make tokens scarce, the team burns the crypto coins regularly.
The beginner cryptocurrency’s most-awaited feature is its play-to-earn game DigiToads. The game pits players against each other in a virtual swamp. Players use their skills and the special abilities of DigiToads (a breed of digital creatures) to defeat their competitors. Each game season will last for a month and the 25% of the players with the highest points are rewarded with TOADS tokens. While DigiToads do have special abilities, players can buy training equipment, food, or potions for them to turn them into stronger allies. These items will have to be bought with TOADS tokens.
If you are unsure about your crypto trading skills, DigiToads gives you ample avenues to hone them. For instance, you can participate in the trading competitions that will be organized every month. To win these contests, traders have to clock the highest trade volume in a particular month. As a reward, the winner would get a Platinum Toad and a share of the profits they booked. The Platinum Toad would make the trader eligible for remotely accessing the treasury fund. Under the DigiToads team’s supervision, Platinum Toads holders would learn about managing the treasury fund. These competitions not only help traders gain more exposure but also help the team to pick out the most skilled traders in the community.
In the future, you can expect to see several additions to the DigiToads ecosystem including a think tank called the ‘TOADS School’ which would be organizing knowledge sessions on cryptocurrencies and the DigiToads ecosystem for the benefit of community members. To access these sessions, community members would have to hold a minimum of three TOADS NFTs.
2. Sui: Unlocking the tools to build powerful on-chain assets
Sui is a Layer 1 blockchain that’s developed to support varying kinds of dApps and decentralized tools for boosting the speed of networks. It’s an ideal cryptocurrency for beginners because of its adaptable interface. Its native token SUI comes in handy while dealing with all transactional obligations. The launch of Sui on the main net comes at a time when more and more developers prefer a top crypto project to invest in and has high utility. To that end, Sui’s object-centric design drives a hard bargain. Under the model, objects and not accounts are used as the basic data storage unit. Developers can define, build, customize, and program these objects. Each object has a specific set of traits like ownership. What sets Sui apart from other blockchains is that these objects are not stored on the smart contracts on the Sui blockchain.
When the network scales and there is a surge in demand, horizontal scaling enables developers to keep the gas fee low. Parallel processing is another feature of the Sui blockchain that contributes to the seamless scaling of dApps and other decentralized tools built on it. The parallel processing of transactions, even if they are something like an asset transfer, ensures that they are finalized in real-time and securely. Plus it leverages move which is a user-friendly programming language, for developing smart contracts. Not only is the language expressive and developer-friendly, but it also provides top-notch security.
3. Zenland: Deploying hassle-free smart contracts
The Zenland project is being called the best crypto for beginners available in the current market due to the ease with which even non-developers can benefit from its features. The platform enables its users to deploy no-code smart contracts to guarantee fair and just transactions of goods, assets, and services with a robust security framework. These no-code smart contracts are available on the platform in the form of templates and can be implemented in a fuss-free manner. With its nuanced utility, Zenalnd has been gaining popularity among OTC participants, freelancers, or anyone looking to transact with a formal agreement without involving a third-party institution. Its native token is ZENF and its smart contract templates have been audited by Quillhash. According to the team, the early adopters of the platform will stand a chance to get ZENF tokens as a reward. The team would also be organizing contributor programs like bug bounties, airdrops, and hackathons to ramp up awareness about the network.
What makes Zenland a good crypto to buy is that all smart contracts are linked to an escrow account. With the Zenland escrow smart contracts, the network has no control over the contract and will only be supplying the source code. Users can fill out a contract, deploy it on a blockchain and then transfer the money. For sending their escrow smart contracts, users will have six blockchain networks to choose from. These are Ethereum, Binance, Polygon, Avalanche, Gnosis, and Fantom.
4. Open Campus: Driving impact in the education industry with blockchain
Open Campus is among the new alt coins that have garnered immense popularity in a short span of time. The platform’s blockchain protocol enables educators and publishers to create impactful and customized content, convert them into NFTs and earn royalties from them. These NFTs will enable fun and learning from content that is tweaked according to their requirements. The platform also encourages philanthropists to support educational grants, scholarships, and other initiatives with the smart donations feature. To ensure transparency, Open Campus allows donors to even track how their donations are being utilized.
To facilitate various transactional purposes on its network, Open Campus has rolled out a native cryptocurrency called the EDU token. With a total stock of 1,000,000,000 units, the EDU token has been built on BNB Chain’s BEP-20 protocol. The token will be used for distributing community rewards, sharing revenue between content creators and co-publishers, minting NFTs, and paying for services provided by Open Campus’ partner platforms. In addition, EDU token holders will be rewarded with voting rights to move and vote for proposals presented by other community members. Content creators get to make their lessons more exciting and learner-friendly with gamification, extensive courses, diverse curricula, and a thriving community of creators to seek advice.
Is DigiToads the best crypto for beginners?
The above-mentioned new alt coins are buzzing with potential and are likely to be the new stars of the cryptocurrency market if their reviews are anything to go by. These cryptocurrencies demonstrate how blockchain can drive impact and financial inclusion by putting the user in the driver’s seat. These top crypto coins pack a punch when it comes to features and are dependable options if you are looking to diversify your portfolio in 2023.
While these crypto tokens are a force to reckon with, the one coin that market experts can’t stop talking about is DigiToads. The features that they are finding most impactful are its economic framework, policy incentivizing participation of users, and its community-centric approach while developing the platform. In the coming months, analysts expect the TOADS token to soar to new heights. According to them, it has the potential to surge past the 30x part in the near future once it gets listed on mainstream exchanges. The presale has managed to attract a large number of users and it is easy to accumulate huge volumes of this new cryptocurrency for potential King sized gains in the future.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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