PlayDoge (PLAY) is a new Play-to-Earn project, with a start full of exciting developments and events.
The project raised $5 million during its limited-time presale period. In addition, the project’s development team also plans to list PLAY tokens on decentralized exchanges (DEX) later this year.
PlayDoge reached 5 million USSD in just the first few weeks of the presale
Presale of PlayDoge has achieved extremely impressive initial numbers. This project has raised $5 million since it officially went into operation (May 28). The price of each PLAY token is currently at $0.00512. However, this price will increase over time due to the presale structure being divided into different stages.
The development team chose this approach to encourage investors to participate at the earliest opportunity.
Investors can purchase tokens with ETH, USDT, BNB or credit/debit card.
According to information in PlayDoge’s whitepaper, the development team plans to list the PLAY token on a DEX immediately after the presale ends.
Although it has not been announced yet, there is a high possibility that this token will be listed on PancakeSwap, as this is a DEX suitable for BEP-20 tokens.
PlayDoge’s presale is receiving increasing attention on social networking platforms.
With more than 5,300 followers on Twitter, this is where the development team continuously updates important presale milestones, as well as the project’s development status.
And more than 5,400 members are active on our Telegram channel PlayDoge.
The operating mechanism of the pet game follows PlayDoge’s play-to-earn model
So, what really is PlayDoge?
PlayDoge is a P2E mobile game in which players will raise a virtual pet Doge, similar to the game Tamagotchi.
The main structure of the game is quite simple.
Players can feed pets, play mini-games with them, and prevent them from running away. This way, they can earn PLAY tokens.
For example, players can log into the game multiple times a day to feed Doge pets and play with them for a continuous week.
When their needs are met, players will receive a large amount of PLAY tokens. You can then use this token to exchange for other cryptocurrencies or deposit it to earn passive income.
PlayDoge’s staking system provides an estimated annual return of up to 140%.
Since the start of the presale, more than 117 million PLAY tokens have been staked to date. This number shows how popular this project is.
In addition, the project’s smart contracts are also audited by SolidProof, to strengthen investor confidence.
SolidProof’s analysis results have confirmed that there are no significant flaws in the technical architecture of PlayDoge and this is considered a “seal of approval” for the project.
PlayDoge’s development roadmap: Launching application, listing on CEX exchanges & developing token ecosystem
PlayDoge Not only does it stop at selling tokens during the presale, but it also has much more ambitious development plans and goals.
Based on the project’s development roadmap, the development team is at the stage of developing core gaming features and experiences.
In phase 2, the presale ends and the PLAY token will be listed on decentralized exchanges (DEXs).
Entering phase 3 will focus on a large marketing campaign to attract and attract users.
PlayDoge’s development team plans to conduct beta testing on the mobile application and try to list the token on major CEX exchanges.
In Phase 4, the ultimate goal is to officially launch the PlayDoge app.
It is expected to organize an airdrop (free token distribution) for the user community. However, details about this airdrop are still being finalized.
The long-term vision of the project is to build a comprehensive ecosystem around the PLAY token.
And tokenomics structures are designed to support this goal.
Of the total supply of 9.4 billion tokens, 12% will be allocated to staking rewards, while the remaining tokens will be used to provide liquidity, marketing and other improvements.
Thanks to PlayDoge’s design and structure, especially the unique gameplay loop, community interest has spread to the YouTube platform.
Famous YouTuber Matthew Perry complimented PlayDoge in a recent video.
In short, PlayDoge is showing great potential and success in the early stages of the presale, showing that this is a notable project in the Play-to-Earn (P2E) sector.
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