• This article explores two notable pockets of activity in the wake of SEC deeming Bitcoin (ETF) filings inadequate: hard forks and presales.
• Ethereum Classic (ETC) focuses on trust minimization and has recaptured investor interest, while DigiToads (TOADS) is an example of a blockchain ICO adding P2E gaming and revenue generation to meme coins.
• TOADS has already raised $5.8 million in its presale, with features such as Toad-Cade, Toad Tax, and NFT Staking creating an engaging investment vehicle that produces deflationary rewards.
The SEC deeming Bitcoin (ETF) filings inadequate has caused a momentary lull in the interest in $BTC, and investors are looking further afield for new areas to invest in. This article explores two notable pockets of activity – hard forks and presales – taking the leading example from both groups.
Ethereum Classic (ETC)
Ethereum Classic (ETC) focuses on trust minimization and has recaptured the intrigue of investors following a fall in the faith of centralized service providers. It is the legacy record of the Ethereum (ETH) blockchain created after The DAO hack-an event that has faded from the crypto narrative but still influences ETC’s design decisions today.
DigiToads is an example of how rapidly the tech stack has progressed, especially compared to ERC20 coins from the last cycle. It takes the meme coin marketing model and adds play-to-earn gaming and revenue generation to create an engaging investment vehicle that already raised $5.8 million in its presale. The virality of its mascot and branding have drawn investors in, while features such as Toad-Cade, Toad Tax, and NFT Staking create an efficient protocol with deflationary rewards for users.
Toad-Cade is a play-to-earn game which allows players to battle toad NFTs against one another for part of a seasonal prize pool – meaning gaming acumen translates into financial gains through prizes or tokens earned within The Swamp ecosystem as well as through transactions fees paid by players when they buy items from its In game store .
The NFT staking mechanic means stakers earn 2% of every transaction within The Swamp ecosystem plus they will also receive payouts from an aggressive deflationary token model funded by Toad Tax . Furthermore , owning a TOADS NFT guarantees users consistent returns correlated with The Swamp’s growth .