Overview of the Crypto Market
• Bitcoin (BTC) has surpassed $30,000, Ethereum (ETH) moved past $2,000 and Bitcoin’s dominance dropped.
• A new DeFi project, DigiToads, is set to list on BitMart exchange soon after raising more than $1.35M in its presale.
• DigiToads will introduce two new concepts to drive treasury growth – The Toad School and Platinum Toads.
The DigiToads presale has already raised more than $1.35 million from early investors with substantial discounts offered for participants. As soon as the listing on BitMart goes live, holders will be free to trade without any vesting period. Prices are expected to increase incrementally until it reaches a price of $0.055 per token in the last tranche of the presale.
What is DigiToads?
DigiToads is a Play-2-Earn gaming model which blends Non-Fungible Token (NFT) technology with an incentivized game play experience allowing users to own their unique Toads and utilize them to make money. Players can battle and breed their Toads in the Toad-Cade and 50% of funds raised from item sales will be allocated into a monthly prize pool for top 25% players at the end of each season as rewards for their skill and dedication.
The project also includes two additional features – The Toad School and Platinum Toads – that are meant to drive aggressive treasury growth within the ecosystem. The Toad School will provide users with trading knowledge so they can become more efficient market players ready for when DigiToad’s decentralized exchange “The Trading Post” launches. Meanwhile, 12 Platinum Toads will be distributed among skilled traders decided by on-chain trading competitions who will have access to 1/12th of TOADS Treasury funds for trades once available on exchanges like BitMart Exchange.
The crypto market is booming right now with Bitcoin surpassing the $30K mark while Ethereum shifted past $2000 making it an opportune time for this new DeFi project – DigiToads – which offers a Play-to-Earn gaming model using NFT technology as well as two innovative concepts – The Toad School and Platinum Toad – that incentivize users providing greater liquidity through its listing on BitMart Exchange while encouraging user engagement increasing its value over time .