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What is Tamadoge? What are the uses of Tamadoge Coin? Is Tamadoge defined in any way? Let’s explore and see what we can learn.
Memecoins have become one of the trendiest cryptocurrency markets in recent years. Memecoin is essentially a cryptocurrency token created to represent Dogecoin’s (DOGE) enormous popularity after it became one of the hottest buzzwords in early 2021.
The coin was initially intended as a satire of cryptocurrencies, but during the early-year bubble, it turned into a joke that a lot of cryptocurrency speculators took seriously.
As a result, tokens and coins like the Shiba Inu (SHIB) were created. When some of them were popular, others imitated them, generally serving as parodies of other parodies. There are still a lot of ‘dog coin’ coins in circulation, and more will be.
The popularity of play-to-earn (P2E) games, commonly referred to as GameFi, also increased significantly in 2021. This means that things like non-fungible tokens (NFTs), which are rights to links to specific pieces of digital data, can exist in the metaverse, which is essentially a virtual world where individuals can purchase, trade, and interact with each other virtually. The concept is that you can create art.
By fulfilling challenges, players can frequently earn NFTs in games. Because NFTs can be purchased, sold, and exchanged, the possibility is present by playing video games.
What is Tamadoge?
The Tamadoge Memecoin is among the most eagerly awaited memecoin releases. With the potential to earn money from everything connected to the gaming world, this token tries to mix the more trendy aspect of the so-called dog coin.
Tamadoge roars out of the gate and one of the best hyped meme coins ever, he’s pushing the limits of space to play and earn, creating games that people stand on top of each other to use To do. – The system’s website described.
With increased play-to-earn chances that now incorporate an augmented reality experience, Tamadoge allows players to breed, train, fight, and top the leaderboards each month with their Tamadoge NFTs. Additionally, NFTs can play with pals in the Tamaverse.
The TAMA crypto has a named team behind it, which sets Tamadoge apart from other meme coins. The cryptocurrency’s development team is made up of Lead Blockchain Developer Sifamandra Myori, Lead Growth Lead Carl Dawkins, and Lead Game Developer, unlike many other Dogcoins that are produced by anonymous or pseudonymous individuals. Keep in mind that the whole stack, as well as the Thomas Seabrook of, are included. Éric Lamontagne and Neil Palethorpe, a senior interface designer, are developers.
The Tamadoge system combines NFT trading and virtual pets, according to what it truly performs. In reality, the name is evocative of Tamagotchi, the popular computerised virtual pet of the late 1990s. The “Tamadoge pets are the heart of the Madoke project,” according to the system whitepaper. Pets that can be mined and traded can be bought with Tamadoge tokens. Every Madoke pet has a baby-like form to it. each has its own position, advantages, and disadvantages.
“You can watch your pet’s madhog develop as you play with it and feed it. Your pet’s growth and maturity are shaped by the way you care for it. Eggs When your gepet reaches adulthood, you can engage in pet combat with other users’ animals in the turn-based Tamadoge fighting arena to climb the leaderboard.”
So, if someone wants to win, they can acquire NFTs, follow their progress, and take part in player-versus-player conflicts.
Tamadoge (TAMA) Explained
TAMA, the platform’s native cryptographic token built on the Ethereum (ETH) blockchain, powers the system. By playing and interacting with Tamadoge NFTs, users can earn TAMA, which is used to pay for goods on the network.
The maximum supply of the tokens is 2 billion, of which half will be made accessible during the pre-sale. The remaining 1 billion TAMA will be divided as follows: 400 million will not be coinized and will be set aside for listing on exchanges; the remaining 600 million will be made available for coinization over the following ten years.
To keep the price of the token from dropping when customers make purchases through the Tamadoge Network online store, the platform will take 5% of the issued TAMA and burn it. Additionally, 30% of the charge will go toward platform marketing and development, and the remaining 70% will go toward the system’s prize fund.
Tamadoge, on the other hand, claimed that it does not levy taxes on other exchanges made through its platform because “we believe that value should originate from the project itself, not only from the people trading the token.”
On September 23, 2022, Tamadoge intends to announce information regarding the presale. This involves collaborations with cryptocurrency exchanges that may one day develop a mature token metaverse and a meme cryptocurrency pricing. very much like the Tadpole app.
We intend to list Tamadoges in the second quarter of 2023 with regard to the transaction.
I want to stress a couple of important points before I come to any conclusions. First off, it’s crucial to remember that the value of tokens connected to Metaverse has fallen drastically over the course of the year, making investment in one potentially riskier. Second, the cryptocurrency has not yet been formally published, thus neither its price nor its behaviour are known.
When thinking about investing in TAMA, it makes sense to use caution as with any cryptocurrency. It’s important to keep in mind that the cryptocurrency market is still very unpredictable, making it challenging to predict coin and token prices accurately over the course of a few hours and even more so over the course of a few months. It’s crucial to remember that estimates made by analysts and algorithmic forecasters can and frequently do not pan out.
If you are thinking about investing in a cryptocurrency token like Tamadoge, we always advise conducting your own research. Before making any investing decisions, check out the most recent market trends, news, technical and fundamental analysis, and expert opinion. Please note that past performance is no guarantee of future returns. Never trade with funds that you cannot afford to lose, either.