Putting your money into a cryptocurrency with a small market value could pay off hugely down the road. Having a market cap of less than $1 billion means these coins have a lot of space to develop and spread their influence.
In this article, we will get into DigiToads, Chiliz, and IMPT, three under-the-radar cryptocurrencies recently made headlines.
The popularity of the meme token DigiToads continues to rise in the cryptocurrency world. Despite its comedic appearance and toad-themed ecosystem, the initiative is intended to severely and constructively affect many facets of our life.
DigiToads provides users with an exciting web3 game in which they can collect, train, and battle various DigiToads in the form of NFTs. At the end of each DigiToads gaming season, the top 25% of players will get TOADS tokens as incentives.
Moreover, DigiToads will be hosting monthly on-chain trade tournaments for Platinum Toads as rewards. Each Platinum Toad holder has access to the treasury’s equivalent of one-twelfth, may trade with said portion, and is entitled to ten percent of any profits made.
DigiToads is dedicated to wildlife protection as well. Project contributors have committed to donating 2.5% of their earnings to organizations that restore and protect rainforests, plant trees, and save the real toads of the wilds.
Overall, TOADS is a remarkable project with enormous potential thanks to its user-friendly design, plenty of practical applications, and deflationary mechanisms.
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IMPT (IMPT)
IMPT is another successful low-cap cryptocurrency that raised over $20 million in a presale.
The project’s goal of helping people offset their carbon footprint to alleviate the climate problem is novel and practical.
By making purchases on the platform, users are rewarded with tokens to exchange for carbon credits NFTs, which are then used to provide financial support for approved conservation and environmentally friendly programs that reduce greenhouse gas emissions and waste.
Credits can be earned through normal means like shopping, but they also have a market value and can be traded or retired for special NFTs.
Chiliz is a startup from 2018 that aims to assist sports brands in increasing fan engagement through collectibles, non-fungible tokens (NFTs), and other mechanisms. Chiliz is an excellent entry point for a sports brand into Web3. The CHZ token serves as a means of exchange for fans to buy tokens representing their favorite teams and organizations.
Brands can use the platform to develop DeFi products, mint NFTs and engagement tokens, create games, and launch initiatives, all to maximize the potential of Web3.
Final Takeaway
Despite their less fame than high-cap projects, investing in low-cap cryptocurrencies can definitely yield significant rewards. With the potential for large growth and expansion, projects like DigiToads, Chiliz, and IMPT could be the key to unlocking substantial gains in the future.
For More Information on DigiToads visit The Website HERE
Disclaimer
Any third-party hyperlinks and banners don’t constitute an endorsement, guarantee, endorsement, warranty, or recommendation by BeInCrypto. Cryptocurrencies are highly volatile. Do Your Own Research before using any third-party services or considering any financial action.