Tamadoge, the Play-to-Earn (P2E) metaverse meme coin, has raised $2 million from investors in a little more than two weeks since its beta sale began.
Two hundred million tokens were sold in the beta sale phase, raising $2 million – 1 TAMA sold for 0.01 USDT (Tether stablecoin, which is equal in value to 1 USD).
One billion TAMA tokens are available altogether in the presale, amounting to half of the total supply.
The pace of buying is picking up. In the past 24 hours alone, $750,000 has been raised.
TAMA presale end price will be 3x the starting beta sale price
The presale will now proceed with a succession of token sale tranches of 100 million each – the token price rises by 0.0025 USDT with each tranche.
By the end of the presale the TAMA token price will be 0.03 USDT, which is 3x the original beta sale price of 0.01 USDT
Accordingly, the next – second – phase of the presale, following on from the beta, sees 1 TAMA priced at 0.0125 USDT, raising an additional $1.25 million towards the target of $19 million.
Excitement has been building up over the past few days as buyers piled in to beat the 25% price hike.
However, now that the escalating schedule of price increases has been revealed, prospective investors in the know are further incentivised to make purchasing decisions to beat the price rises.
There is a low minimum purchase amount of just $10 and no maximum. Early investors are also likely to be attracted by the fact that there was no private sale and there is no vesting period for presale participants.
In the space of two weeks, Tamadoge has built a user base of 20,000 for its Telegram group and has already racked up 38,000 followers on Twitter.
Also, in a further boost for Tamadoge virality, it has launched a $100,000 giveaway airdrop referral programme.
Tamadoge beta ‘battle’ app release window Q4 2022
Although meme coins were thought to have had their day, the likes of Dogecoin and Shiba Inu have not faded away as some thought they might.
Still, things have moved on apace in crypto. While DOGE and SHIB struggle to stay relevant, seeking belatedly to bolt on rushed utility features, Tamadoge is designed out of the box to be a compelling game with a powerful business model to drive both engagement and revenues.
The games platform is built around the idea of nurturing a virtual Tamadoge Pet, which players mint, breed, and battle.
Leveraging NFT technology, each pet has unique traits and their owners feed and clothe them by purchasing provisions at the Tamadoge Petstore.
The more care players give their pet, the more rewards – Dogepoints – the player earns, as they help their infant pet mature into adulthood and climb the leaderboard.
Solving P2E’s ‘pay-to-play’ problem
Tamadoge solves the problems encountered by earlier Play-to-Earn games such as Axie Infinity.
Because its economy is deflationary and the game is fun to play and affordable to enter, a prospective player doesn’t end up in the position of having to ‘pay to play’.
For instance, unlike with Axie Infinity, there’s no need to pay to become a “scholar”, where you are forced to hire someone else’s NFT in order to get in on the action.
The Tamadoge NFT Petstore and the battling leaderboard are slated to be released in the fourth quarter of 2022.
Is Elon Musk buying Tamadoge?
Persistent rumours to the effect that Elon Musk himself might be dabbling in the Tamadoge presale refuse to go away.
Also unverified claims continue to swirl, suggesting that Tamadoge may have some seasoned backers on board who already have successful meme coins under their belt.
Whatever the truth of those claims, the metaverse narrative that informs the value differential of Tamadoge’s ecosystem – or Tamaverse – is likely helping the meme coin to gain traction with crypto investors.
The roadmap features augmented and virtual reality milestones – the project is looking to hook up with metaverse partners early next year and to have the 3D rig-up of the Tamadoge pets metaverse-ready later in 2023.
TAMA LBank exchange listing after presale is already confirmed
A future listing on the Hong Kong-based LBank exchange has already been confirmed, with more CEX listings currently being lined up.
To get started with the presale, interested persons simply connect their crypto wallet at https://bitesly.io/box_5a66b923931a8851e48a252348c79bc5.
The TamaDoge contract address is: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
Related
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on Bybit, OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption
This article was written for Business 2 Community by Gary McFarlane.
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