How NFT Presales & NFT Staking Can Reward Investors

How NFT Presales & NFT Staking Can Reward Investors – Latest New NFT Projects

Updated: 15 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The non-fungible token market continues suffering from the extended liquidity drought, which has left the NFT market down in nearly all metrics. The NFT slump began intensifying mid this year, leaving many NFTs shielding more than 70% of their value.

Despite the recent market downturn, there are a few tricks collectors and investors can apply atleast to earn some revenue. Participating in presales and staking NFTs are viable ways investors can earn revenue amid the recent market downturn. In this article, we shall look at how presales and staking can reward investors.

Best NFTs To Buy Today On Presale

Tamadoge, a non-fungible token-based play-to-earn game and a meme cryptocurrency project, is a perfect example of a crypto project offering a new presale with the potential of generating higher returns in the long term. The NFT presale is now live exclusively on nfts.tamadoge.io.

In a September 14 blog post, Tamadoge confirmed the official launching of its new 3D Dynamic NFTs. The new Tamadoge 3D NFT presale includes several other roadmap developments for the Tamadoge NFT gaming platform, including introducing TAMA staking and a new token burn program.

We're happy to announce that the launch of our collection of dynamic 3D NFTs 🎉

🐶 Level them up through playing Tamadoge games
🐶 Add accessories to make them unique
🔥 We're burning 100% of revenue from the NFT sale

Grab yours now 👉 https://t.co/RsO9wT97fp pic.twitter.com/5DuDaYBqHq

— TAMADOGE (@Tamadogecoin) September 14, 2023

Based on its site publications, the Tamadoge 3D NFTs will allow gamers to boost performance in their suite of play-to-earn Arcade games while gaining an edge when competing for spots on the leaderboard and TAMA rewards. Tamadoge 3D NFTs will allow holders to jump higher, collect more coins, and fight off critters more readily to get ahead of the competition in the Tamadoge Arcade.

It’s worth noting that it is not Tamadoge’s first launch of NFTs. Last year, the Tamadoge team launched another NFT collection, which was successful. Like its past NFT collections, the new collection will feature three tiers: Common, Rare, and Ultra Rare.

In the meantime, no time limit is imposed on the 3D NFT presale and just one single price round to ensure a level playing field for the mint. Tamadoge has vowed to burn all revenue generated from the presale to improve the tokens’ scarcity and value within the Tamadoge ecosystem.

Tamadoge NFT Staking Coming Soon

Tamadoge has also announced plans to introduce NFT staking. By light description, NFT staking refers to locking up NFTs on a platform or protocol in exchange for staking rewards and other benefits. Staking NFTs allows holders to earn passive income from their NFT holdings while maintaining ownership.

Tamadoge will allow investors to stake their non-fungible tokens to earn $TAMA rewards in the coming weeks or months. $TAMA can also be flexibly staked for 4.1% APY with no lockup period. TAMA has risen approximately 40% in the past month and 80% from its 2023 lows.

Source: TradingView.com, $TAMA trading activity

Tamadoge NFTs are worthwhile investments and can be sold on the in-game Pet Store or secondary marketplaces, such as OpenSea NFT marketplace. These NFTs can be upgraded to increase their value while boosting players’ agility, strength, and intelligence, customized with different traits and artwork.

Tamadoge will not be the first crypto team to allow NFT holders to stake their NFTs. Last year, Binance NFT, a digital market platform from the popular crypto exchange Binance, launched its Ape NFT Staking. The program enabled users to stake their Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs in various pools to earn daily rewards in ApeCoin (APE).