This article is sponsored by Tamadoge
New gaming project Tamadoge is expected to become one of the biggest listings of 2022 given the attention and buzz its presale has already received.
The presale was over in less than eight weeks as investors rushed to buy TAMA tokens while they were at a discounted price, with $19 million raised and two unknown crypto whales making purchases of 55.8ETH and 40ETH just hours before it sold out.
The project is now set for listing on the OKX exchange at 12pm BST on the September 27, 2022, while early investors in the presale can claim their tokens on the Tamadoge website from 8am BST on the September 27, 2022. Further listings on other exchanges are set to be confirmed in the following weeks.
For users who can’t register on OKX, Tamadoge will also be available on the OKX DEX from 4pm BST on the September 27, 2022. Tamadoge has already gained a significant social media following, and with huge buzz around the project, analysts are forecasting a pump from its initial list price of $0.03.
What is Tamadoge (TAMA)?
Tamadoge is a blockchain gaming project that offers the chance for significant gains like other meme coins Dogecoin (DOGE) and Shiba Inu (SHIB). Like those coins TAMA offers the potential for huge returns on investment with the doge symbolism and community-led growth. Unlike those coins, however, TAMA offers a full gaming environment, NFT ownership, and strict tokenomics that really set it apart.
Its presale had the crypto world talking with its $19 million cap raised in quick time. In fact, that made the ICO pass a significant mark as it raised more than the initial coin offering of Ethereum—the biggest altcoin with a current market cap of $165 billion—making it one of the most successful crypto presales ever.
Early investors of ETH raised $14 million in 2014, with the coin currently trading at around $1,400 after previous highs of nearly $5,000. With GameFi expected to be one of the biggest growth areas in the crypto space over the next decade, and an area that has been less affected by the bear market than other asset classes, Tamadoge looks set to enjoy rapid growth in the coming weeks and months.
At the end of 2022, after the coin has been listed on numerous exchanges, TAMA holders will be able to mint NFT pets. Built in the style of 90s kids craze Tamagotchi, pet owners will be able to feed, care for, and grow their own pets into adults—even showering them with digital toys and treats bought in TAMA from the pet store.
Once pets are adults, holders can use them to battle against other pets for the chance to move up a global leaderboard and win prizes.
The wider Tamaverse will also include other Tamadoge-based P2E arcade and mini games, which are set to be revealed in Q2 2023, before the 3D pets leap out from the screen when an augmented reality app is introduced—allowing holders to take their pets into the real world to explore and hunt for tokens.
Sneak peeks and first looks of the game are expected “very soon,” according to posts on social media, with the project in full development.
Tamadoge may well bill itself as a meme coin, but its tokenomics are far from that of traditional meme coins, which make it stand out as one of the best cryptocurrencies to invest in, according to some.
DOGE was invented to be an inflationary peer-to-peer currency with an unlimited supply, capped at 5 billion new tokens annually, and has a current circulating supply of more than 130 billion. SHIB does have a max supply, but at 549 trillion, it is 275,000 times bigger than TAMA’s strict supply of 2 billion tokens.
Further, 50% of those were sold during the presale, another 20% will be used for liquidity on exchanges, while the final 30% is to be locked and released over the next 10 years, funding the project as it moves along its roadmap.
To put the tokenomics into context, for TAMA to reach $1, it would take a total market of $2 billion—a figure similar to ApeCoin (APE) or Terra Classic (LUNC)—and one that would represent a 33.33x from the initial list price of $0.03.
On the other hand, for DOGE to reach $1, the market cap would need to sit north of $130 billion, a figure higher than every coin except market leaders Bitcoin and Ethereum, and one that would be is more than the third and fourth biggest coins (USDT and USDC) put together. Even then, new investors would only see a 16x from Doge’s current price of $0.06 as of the time of publishing this article.
As mentioned above, TAMA also includes a deflationary mechanism that will increase scarcity and should increase value over time, with 5% of all pet store transactions being burned.
Finding the best new cryptos to buy is always risky given the number of rug pulls and honey pot scams that occur in the space. Tamadoge, however, has taken numerous steps to ensure investors have peace of mind ahead of buying into the project.
The project’s team are doxxed with head of growth Carl Dawkins, lead game developer Thomas Seabrook, senior blockchain developer Siphamandla Mjoli, and senior interaction designer Neil Palethorpe, while Eric Lamontagne has just been announced as the Web3 Full Stack Developer. Before the presale launch, SolidProof conducted a smart contract audit, and CoinSniper completed KYC verification.
Like any good meme coin, Tamadoge already has a big social media presence with more than 70,000 Twitter followers, another 50k in the Telegram group, and 20k on Discord. The #TamadogeArmy continues to grow and help market the project at a grassroots level - much like DOGE and SHIB followers did to see their coins earn exponential growth.
The project is also holding a $100,000 TAMA token giveaway until October 16, where various tasks such as following the Twitter page will grant one entry. Follow the instructions on how to enter here. The team has also regularly held YouTube AMAs and engages and converses with holders on Telegram and Discord. It also provides memes on social media to draw more attention to the project.