Join Our Telegram channel to stay up to date on breaking news coverage
Web3 games platform Tamadoge launched its 3D NFT presale on Thursday, September 14th, a fortnight after announcing the introduction of staking, and then a week ago, a new burn program that has ignited bullish price action for its $TAMA token.
A series of successful game launches sees the top meme coin-infused games platform pivot to bolster brand awareness for the ecosystem and its native token, $TAMA, as it seeks to grow its user base and chalk up more centralized exchange listings.
The launch of the Tamadoge 3D NFTs is yet another significant milestone achievement for the project and a precursor to future updates that will make the NFTs fully playable characters in Tamadoge games.
Tamadoge 3D NFTs will eventually include an array of dynamic features, including leveling up and the ability to be accessorized to improve rarity.
When using the new NFT system and the Pet Shop, players can level up their NFTs for free by leveraging engagement and experience points.
Staying true to its product roadmap, Tamadoge is pushing the boundaries of what is achievable in Web3 gaming by developing games that are accessible and appealing to mainstream casual gamers. As such, the 3D NFTs will be vital in delivering a uniquely immersive and engaging gaming experience for the community.
Tamadoge’s latest announcement is the third reveal of its three mystery projects, the other two being staking and a multi-faceted burn program.
Other parts of the revamped marketing program unveiled to the community include two giveaways, but the dates and the amounts involved are yet to be announced.
Tamadoge’s Secret Project Unveiled: Yield Earning through Staking
Staking has gained immediate traction with the Tamadoge community. From a standing start a week ago to today, the amount of tokens staked has swelled to 46.7 million, with each staker earning a potential annual percentage yield (APY) of 4.3%.
A staking pool of two million $TAMA tokens has been allocated to distribute rewards. The pool is divided across four months, – 500,000 $TAMA a month (approximately 216,000 block confirmations), equalling 3 $TAMA per block confirmation.
Staked tokens can be withdrawn any time, while the APY is variable, depending on the number of staked tokens.
The amount each staker earns depends on the percentage of the staking pool they own and the current APY.
Tamadoge’s Second Secret Initiative: A Fresh Burn Program
The new burn features aimed at amplifying scarcity and value of $TAMA are complementary to the staking functionality. Ease of use is at the heart of everything Tamadoge does, and it is no different when it comes to involving the community in the three-pronged burning program.
Therefore, to encourage community involvement, each of the three types of burn, their schedules, and related metrics are publicly available to view on the newly launched Tamadoge Burn Portal:
Mega Burns:
Special promotional events are planned to burn significant $TAMA tokens in the fourth quarter.
Community Burns:
For each $TAMA token that the community opts to burn, Tamadoge will match it by burning an equivalent amount of $TAMA. Up to 5 million $TAMA will be burnt, ending on November 5th.
Platform Revenue Burns:
All revenue generated from platform sales will be converted into $TAMA tokens and subsequently burnt.
In addition to the burn schedules, the Burn Portal keeps a tally of the number of tokens burnt to date. Logged-in users will also see a counter of how many TAMA they have burned.
Tamadoge’s next Mega Burn is set to take place in October with the burning of 10 million tokens.
$TAMA Token Experiences a Sizzling Surge – Ascending 25% in Just 2 Weeks
The announcement last week of the staking and burn feature lit a fire under the $TAMA token price.
The $TAMA price has taken off and is now up 25% on two weeks ago. Such was the price momentum that TAMA became a regular fixture in the top trending cryptocurrencies table on leading listings and data site CoinGecko.
Daily volumes approached $1 million as the coin took the No.1 spot and maintained a top 3 presence for much of last week. This latest announcement from the team is likely to sustain the price momentum.
At the time of writing, $TAMA is priced at $0.01058, according to CoinGecko data.
Tamadoge’s $TAMA token is currently available to buy on multiple tier-one exchanges, including top-tier centralized exchanges OKX and Bybit.
Prospective buyers can also purchase $TAMA directly on the Tamadoge website using a card, Apple Pay, Google Pay, or a variety of other methods, as well as by accessing the Uniswap decentralized exchange’s widget available on the Tamadoge site.
Tamadoge’s Web3 Innovation in App Stores Demonstrates the Project’s Continual Growth and Strength.
The growing Tamaverse ecosystem has launched six games on two apps – five games on Tamadoge Arcade and a sixth game called Tamadoge Arena, which has its app. In a significant achievement for a Web3 games platform, Tamadoge, both apps are available in the iOS and Android app stores.
Tamadoge Arena is a single game with three levels. The community has received all six games. Tamadoge Arena is mobile-only, while the Tamadoge Arcade games can be played on both web and mobile.
According to the public roadmap, the flagship Tamagotchi app is ‘in progress.’ Users of the app look after their mini Doge and nurture it to one day become a strong contender in battles against other pets and see it grow into a valuable NFT.
A central goal of the current marketing campaign is to gain listings on more top exchanges to spread the good news about Tamadoge and further widen its base of token holders and players.
With $TAMA trending across major crypto outlets, the marketing campaign already shows its worth. As trading volume grows and visibility around the project grows, more major exchanges are sure to take notice.
Play-to-earn Web3 gaming is innovative gaming – and buying $TAMA could also be the wisest investment move to make to gain exposure to the future of gaming.
Join Our Telegram channel to stay up to date on breaking news coverage
