DigiToads, Bitcoin Lightning Network adoption rising

By crypto.news July 17, 2023 In Bitcoin, NFTs, Staking, Trading

The adoption of cryptocurrencies in the global financial landscape has increased over the years. Investors and businesses use crypto assets for everyday transactions, including in payment. They can also be investments and in expanding investment portfolios. Amid this, and the Bitcoin Lightning Network share a fundamental similarity: rising adoption.

DigiToads is a project whose presale is ongoing and successful due to its technology and features. TOADS, the project’s native token, can allow investors to earn passive income through play-to-earn (P2E) gaming, non-fungible token (NFT) staking, and trading competitions.

The Bitcoin Lightning Network is a layer-2 platform designed to make bitcoin (BTC) transactions fast and affordable. The rising adoption of these two projects is why investors can consider examining them.

This article discusses the rising adoption of DigiToads and the Bitcoin Lightning Network.

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: improving decentralized finance and expanding passive income opportunities

DigiToads is a meme coin project that’s popular even as it crowdfunds.

The DigiToads presale is in ten stages, and TOADS is sold at different prices. DigiToads is currently in stage nine, Lilypad 9, with each token selling for $0.047, pushing the total amount raised to over $6 million. DigiToads’ ongoing presale has increased adoption, which makes TOADS a token worth considering.

Early stage TOADS investors stand to earn 450% when the token launches on Aug. 21.

TOADS may offer various passive income opportunities, and the platform empowers its investors through its trading school. The trading school, also known as the Toad School, is where beginners and even seasoned investors can take classes to improve their participation on the platform. The goal of training investors is to grow the platform and also put their abilities to the test.

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The play-to-earn (P2E) gaming system can be an opportunity to explore since investors can use their skills to earn income.

Gamers can play the web3 game that allows them to compete with other players on the platform for rewards. Investors selected among the top 25% of players in the game are rewarded TOADS at the end of every DigiToads season.

Prizes distributed amongst the players are based on 50% of the funds raised from selling in-game items. This ensures that community members are always rewarded for their participation.

Another highlight of the platform that has led to its rising adoption is its monthly trading competition. The trading competitions aim to increase the trading volume in the DigiToads ecosystem.

Winners of trading competitions are rewarded with Platinum TOADS. These allows users to earn 10% of all trading profits for the Treasury.

Bitcoin Lightning Network: transacting faster and cheaply

The Bitcoin Lightning Network (BLT) was introduced to ensure that Bitcoin became a more efficient digital currency.

Bitcoin users could only perform two functions: spending and saving. This limited the platform, causing increased traffic, slow transactions, and high trading fees.

The layer-2 platform allows bitcoin transactions to be quicker and cheaper.

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The Lightning Network offers a more energy-efficient transaction option. It utilizes smart contracts to establish off-chain payments between users. Transactions can be efficiently conducted on the platform, and payment channels can be closed anytime.

Additionally, the platform prioritizes protecting its investors’ privacy and data. As a result of its solutions offered on the Bitcoin platform, the project has experienced an increase in adoption.

Conclusion

The rising adoption of DigiToads and the Bitcoin Lightning Network shows the potential of blockchain technology in the global financial landscape. DigiToads’ approach to creating opportunities and online learning facilities for investors makes it a project worth looking at.

The platform’s features could also empower investors to increase their earnings, a factor that’s also driving the DigiToads presale. Moreover, DigiToads dedication to environmental sustainability, such as saving the rainforest, can be a factor investors can look at if they are passionate about the environment.

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Read more: Tim Draper sets bitcoin target of $250k, DigiToads and Cardano poised to 100x

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