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PlayDoge is a new play-to-earn crypto game that’s reminiscent of Tamagotchi. Players earn $PLAY tokens when caring for their virtual pet — with tasks including feeding, training, and playing mini arcade games.
PlayDoge has just launched its presale campaign. Learn how to buy $PLAY tokens at the lowest price possible.
PlayDoge Token Key Points
PlayDoge’s key takeaways are summarized below:
- Presale Project: PlayDoge is a presale project, so investors can buy $PLAY tokens before they’re listed on exchanges. Over $350,000 has been raised in the first few days. Currently, presale investors are paying just $0.005 per $PLAY — which is the lowest price available. Prices will soon increase.
- Fun P2E Gaming Elements: PlayDoge has developed a mobile gaming app that offers tokenized rewards. After breeding a new virtual pet, players must care for it. This includes feeding, training, and playing mini-games. Once released, PlayDoge will be available on the App Store and Google Play.
- Tokenomics: $PLAY tokens operate on the BNB Chain, ensuring fast and low-cost transactions for players. The total supply is 9.4 billion tokens, and the smart contract has been audited. PlayDoge has allocated 50% of its supply to the presale campaign.
- Staking Rewards: PlayDoge offers long-term value to its token holders via staking rewards. It has opted for a ‘dynamic’ staking framework, meaning APYs vary depending on how many tokens are staked. Currently, the APY is 823% — which is available to presale buyers.
How to Buy PlayDoge ($PLAY): A Beginner’s Guide
We’ll now explain how to buy PlayDoge at presale prices. The process requires a crypto wallet that’s funded with BNB, USDT, or ETH. After connecting the wallet to the presale website, investors simply need to decide how many $PLAY tokens they want to buy.
Let’s take a closer look at the PlayDoge investment process.
Step 1: Set Up a BNB Chain Compatible Wallet
Presale investors need to have a suitable wallet before getting started. The wallet must support the BNB Chain. One of the best crypto wallets is Trust Wallet. Not only is Trust Wallet compatible with the BNB Chain but over 100 other blockchains — including Ethereum, Bitcoin, and Solana.
Download Trust Wallet to your preferred device. Choose from a mobile app for Android or iOS or a browser extension for Google Chrome. Open Trust Wallet, choose a PIN and write down the backup passphrase. The wallet is now set up.
Step 2: Transfer Coins to Your Wallet
Now that you’ve got a wallet — it must be funded with a cryptocurrency that the PlayDoge presale accepts.
Your options are as follows:
- BNB (BNB Chain)
- USDT (BNB Chain)
- ETH (Ethereum)
While ETH is an option, you won’t be able to stake your $PLAY tokens — as it doesn’t operate on the BNB Chain. As such, we’d suggest either BNB or USDT.
If you already own one of these coins — open the Trust Wallet app and click on ‘BNB.’ Click on ‘Receive’ and copy the deposit address. You can then transfer the coins to your Trust Wallet.
If you don’t have any BNB or USDT, you can buy some from the best crypto exchanges, such as Binance or MEXC, and then complete the transfer.
Alternatively, you can purchase coins from Trust Wallet with a Visa or MasterCard. You’ll likely pay 3-5% in fees, but the coins will be added to your wallet after you complete the transaction. This eliminates the need for a wallet-to-wallet transfer.
Step 3: Connect Wallet to the Presale Website
The next step is to visit the PlayDoge website and click on the ‘Connect Wallet’ button. You’ll be asked to select a wallet provider. Options include WalletConnect, Best Wallet, MetaMask, and Coinbase Wallet.
Select ‘WalletConnect’ if you’re using Trust Wallet. A unique QR code will then be shown.
- Mobile Users: Open the TrustWallet app, click on ‘WalletConnect,’ and scan the QR code with your smartphone camera.
- Desktop Users: Click on the ‘Copy’ button above the QR code. Open the Trust Wallet browser extension, select WalletConnect, and paste the unique code you just copied.
Your wallet should now be connected to the PlayDoge presale dashboard.
Step 4: Complete PlayDoge Presale Investment
Click on the cryptocurrency you’re using to buy PlayDoge. Then, type the number of coins you’re investing. In our example below, we’re buying 1 BNB worth of PlayDoge, which gets us 116,765 tokens.
After confirming the purchase, a notification will appear from your wallet on the device where the wallet is installed. The notification will request authorization, meaning the coins won’t leave your wallet until you confirm.
Upon confirmation, the coins will be transferred to the PlayDoge presale website, which means the presale purchase is complete.
The $PLAY tokens can be claimed after the presale is over. Keep an eye on PlayDoge’s X page for updates; you’ll be notified when it’s time to claim the tokens.
How to Stake $PLAY Tokens?
We mentioned earlier that $PLAY is one of the best staking coins to buy, considering it’s currently offering APYs of 823%. Unlike other presale projects, you can stake your $PLAY tokens as soon as you’ve invested.
Here’s how:
- Click on the ‘Staking’ button. You’ll find it at the top menu bar.
- Select ‘Buy and Stake.’
- No additional tokens need to be bought — as PlayDoge will know you’ve already invested once you reconnect your wallet.
- Connect the wallet when prompted, like you did when making the presale purchase.
- Finally, confirm that you want to stake your $PLAY tokens.
You’ll then begin earning staking rewards, as per the dynamic APY. This means that when you claim the tokens, you’ll have more than you originally purchased.
What is PlayDoge?
In a nutshell, PlayDoge is a play-to-earn (P2E) game with many similarities to Tamagotchi. For those who aren’t young enough to remember Tamagotchi — it was a hugely popular hand-held device that required players to care for a virtual pet. Since its release in 1996, Tamagotchi has sold 91 million units.
Similarly, PlayDoge users start the game by breeding a new pet. Each pet is inspired by the Shiba Inu dog breed but with a twist. Players must regularly check in with their virtual pet to ensure it’s well cared for. Some of the tasks required include feeding the pet, training it, and ensuring it gets enough sleep.
Just like the original Tamagotchi, the virtual pet grows — assuming it’s being well looked after. If not, the pet will die, and the game is over, meaning players must start from the beginning. Here’s the interesting part: unlike Tamagotchi — players are incentivized to help their virtual pet grow through tokenized rewards.
Rewards are paid directly to the player’s wallet in $PLAY, which is native to the PlayDoge ecosystem. Another aspect of PlayDoge is its arcade-style games. Not only are they fun but players can earn extra $PLAY tokens. PlayDoge, still in the development phase, will be launched as an Android and iOS app.
While this might be a drawback for desktop gamers — the mobile gaming market is huge. In fact, some estimates show that over 1.7 billion people actively play mobile games. This means PlayDoge is more accessible than traditional video games, as only a smartphone and internet connection are needed.
So that begs the question — what’s the motivation in purchasing $PLAY tokens if they can be earned for free?
- First, those buying $PLAY will get in-game advantages, meaning they can earn even more tokens.
- Second, $PLAY offers staking rewards, meaning token holders will generate passive income.
- Additionally, $PLAY will trade on crypto exchanges, meaning it’s also considered an investment token.
- If the game takes off, the value of $PLAY could skyrocket, although this isn’t guaranteed.
Why Buy PlayDoge?
Let’s explore why PlayDoge could be one of the best crypto presales to invest in 2024.
- P2E is a Hot Crypto Niche: According to CoinMarketCap data, the total value of all P2E tokens is $13.5 billion. Many industry insiders believe that the P2E space could be worth considerably more in the coming years. As such, P2E tokens like PlayDoge could generate substantial gains as the wider market grows.
- Presale Buyers Get the Best Price: Those buying $PLAY tokens once they list on exchanges will be at a disadvantage. This is because presale investors get the lowest price possible. For instance, while the current presale price is $0.005 — this will increase in the next few days. This means early presale buyers secure a generous discount.
- Insane Staking Rewards: Presale investors also get substantial staking rewards — the current APY is 823%. In theory, this reduces the presale cost basis further, as investors will earn additional tokens while they’re being staked. Best of all, $PLAY tokens can be unstaked at any time — so there’s never a liquidity issue.
- Audited Smart Contract: The best new cryptocurrencies have their smart contract audited by a reputable company. PlayDoge is no different. Although the presale has only just launched — PlayDoge has been audited by SolidProof. No issues or potential vulnerabilities were found, giving presale buyers peace of mind that they’re invested in a legitimate project.
- Strong Tokenomics With a Limited Supply: Another reason why PlayDoge stands out is its tokenomics. For a start, PlayDoge has opted for a limited supply of 9.4 billion $PLAY — meaning new tokens can’t be issued. What’s more, PlayDoge is built on the BNB Chain, which is conducive to P2E gaming. After all, BNB Chain transactions are cheap, fast, and scalable.
PlayDoge Price Prediction – What is $PLAY’s Potential?
PlayDoge hasn’t published its proposed presale hard cap, meaning we don’t know how much money it will raise. In turn, we can’t establish its initial market capitalization once listed on exchanges. Nevertheless, we can assume that, like most new presales, PlayDoge will begin life as a small-cap project. Overall, our PlayDoge price prediction is bullish, especially as PlayDoge operates in the P2E space, which has seen some unprecedented success stories in recent years.
For example, Illuvium, an open-world fantasy P2E game, increased by over 3,000% within months of launching. At its peak, Illuvium was valued at over $1 billion. There are many other P2E projects with billion-dollar valuations, including Axie Infinity, the Sandbox, Gala, and Beam. What’s more, it’s important to remember that the 2024 bull cycle is yet to take off.
This means investors still have a chance to buy quality tokens before ‘altcoin season’ begins. Considering P2E tokens remain a hot trend, PlayDoge could see rapid growth. Ultimately, there are two aspects to keep an eye on when investing in PlayDoge. First, PlayDoge operates in a competitive industry — so marketing will be crucial.
This is why PlayDoge has allocated 20% of its token supply to its marketing budget. Second, PlayDoge’s success will be dependent on its game. The more people that download and play PlayDoge, the more chance it has of becoming the next crypto to explode. The PlayDoge app will be released in Phase 4 of its roadmap.
Conclusion
PlayDoge is an exciting play-to-earn gaming project with solid tokenomics, a transparent roadmap, and a well-thought-out rewards system. What’s more, it offers competitive staking rewards, with APYs currently at 823%.
The PlayDoge presale, which has already raised over $350,000 from early buyers, offers the lowest cost basis possible. Presale investors simply need to connect a wallet and choose a supported payment currency from BNB, USDT, or ETH.
