3 reasons investors should monitor aptos and digitoads in 2023
In recent years, the world of cryptocurrency has exploded, with thousands of digital assets vying for attention and investment. While established players such as bitcoin (BTC) and ethereum (ETH) still dominate the market, newer altcoins like aptos (APT) and digitoads (TOADS) are also popular. These emerging digital assets capture the attention of investors and enthusiasts with features and functionalities that distinguish them from competitors.
In this article, we’ll highlight several reasons for investors to consider APT and TOADS in their portfolios:
DigiToads: Explore web3 games and earn passive income
Digitoads is one of the altcoins investors should watch out for in 2023. The key to its performance lies in its high utility, generous reward programs, and credibility.
TOADS are vital to a web3 game, where players can train and battle these creatures. Each month, the top 25% of players receive rewards from the prize pool raised from in-game asset purchases.
This exciting decentralized finance (DeFi) project offers Platinum Toads to monthly on-chain trading competition winners. These exclusive Toads give winners access to a portion of the treasury, allowing them to trade and generate rewards from the treasury and themselves.
Additionally, the DigiToads platform features a non-fungible token (NFT) staking platform, providing the community with an additional mechanism for earning passive income.
Also, unlike other meme coins that rely solely on speculation, TOADS is deflationary. This feature means that 2% of every TOADS transaction is automatically burned, encouraging users to hold onto their tokens while reducing supply and increasing scarcity over time.
DigiToads’ presale is also full of giveaways, further motivating users for early participation.
The credibility of the DigiToads project also sets it apart from the other top crypto coins. Its team is publicly known and comprises a group of professional blockchain developers. Moreover, the platform’s smart contracts are audited, and TOADS is listed on a major exchange like BitMart.
Aptos: An Ethereum competitor to watch out
Aptos is a proof-of-stake (PoS) blockchain that uses Move, a novel smart contract programming language developed by Meta’s Diem blockchain engineers. The platform is designed to facilitate the development of decentralized applications (dapps) that solve real-world problems while bringing mainstream adoption to web3.
One of Aptos’s distinguishing features is its ability to process more than 150,000 transactions per second through parallel execution. Its parallel execution engine, Block-STM, is a Byzantine fault-tolerant PoS consensus mechanism that processes and validates transactions concurrently, boosting transaction processing times.
Aptos has three significant selling points: its parallel execution engine, the Move programming language, and its sharding feature, which provides horizontal throughput scalability for a better user experience.
Aptos is configurable and upgradeable, making it adaptable for various use cases. Its software transactional memory libraries spot and manage conflicts in case of failed transactions, lowering transaction fees and increasing transaction processing speed.
These features make Aptos an option for dapp development. Investors can also add APT to diversifying their crypto portfolio in 2023.
Aptos and digitoads are tokens that investors can consider in the current cryptocurrency market conditions. Aptos offers a high transaction throughput rate, empowering dapps to solve real-world problems. Meanwhile, DigiToads offers increased utility and rewarding programs. As the DeFi market evolves, investors should consider altcoins that provide stability and promise growth. Therefore, these two, especially TOADS, should be tokens investors can closely monitor in 2023.
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