two crypto projects to watch as regulations tighten
In April 2023, European lawmakers approved a bill establishing European Union’s rules to govern the crypto sector.
Despite strict stipulations that has so far forced blockchain companies back to the table for compliance, cryptocurrencies such as digitoads and quart (QNT) remain competitive.
Notably, increasing demand and a receptive market for QNT and digitoads is why investors are increasingly considering these assets.
DigiToads: riding the crypto wave
Digitoads has diverse features. For instance, its native token, TOADS, is deflationary. Meanwhile, the DigiToads project has a play-to-earn (P2E) game with non-fungible tokens (NFTs). The platform also supports NFT staking, Platinum Toads, and a trading school. Additionally, DigiToads donates to global charities engaged in environmental conservation efforts.
Gamers can earn TOADS tokens by playing the web3 game. There they can receive distinct toads pets for collecting, fostering, and preparing for battles. This allowance adds a gamification element, offering investors an opportunity to earn rewards.
As mentioned earlier, the DigiToads project focuses on social and environmental issues, pledging to donate 2.5% of proceeds to a charity dedicated to tree planting and rainforest preservation.
This makes TOADS a choice token for investors prioritizing social responsibility and sustainability when making investment decisions. Furthermore, as an NFT project, DigiToads’ NFT staking feature allows asset owners to stake their NFTs to generate a stable passive income.
Moreover, DigiToads’ popularity is rising and its community growing. It has garnered a big following on social media sites such as Twitter only a few months after launching. The team actively engages its audience by sponsoring events and contests.
To cushion investors’ interests, DigiToads has taken precautions against rug pulls, a scheme fraudsters use to drain funds in decentralized finance (DeFi) protocols. The large number of TOADS tokens issued to the public and reserved for incentives and prizes is an assurance that the team is looking at the long term and not on a short-term profit-generating plan. This protects investors and the project in the long run.
BitMart will list TOADS on launch in July 2023. It would increase DigiToads’ reach and expands its audience. Furthermore, the project will leverage the exchange’s resources to increase TOADS’ liquidity.
Holding Quant for the long-term?
Quant launched in June 2018 to link blockchains and networks on a global scale. The project also aims to maintain network efficiency and compatibility.
Their features and developments are important considerations investors should look at since they can support QNT prices in the medium to long term.
DigiToads has practical features and its popularity is rising. The TOADS presale has raised more than $2.7m by its fifth phase. The project is banking on their social media attention and successes ahead of its official listing on BitMart.
Likewise, QNT’s market value is why investors are constantly keeping tabs, remaining bullish.
As the two projects build on foundations, analysts are optimistic, a reason why investors can also consider looking at TOADS and QNT in 2023.
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