In the last ten years, there has been a remarkable increase in the acceptance of cryptocurrencies worldwide. A growing number of individuals and institutions are embracing the use of cryptocurrencies. This adoption trend has been fueled by the implementation of more streamlined cryptocurrency policies in many regions, making it easier for people and businesses to engage in cryptocurrency transactions.

Nigeria is one such region that has witnessed a significant development in this area. MetaMask, the renowned cryptocurrency wallet, has recently made it possible for its users in Nigeria to purchase cryptocurrencies. This achievement is a significant milestone for the country, as it will provide users with greater convenience and ease of access to cryptocurrencies. Furthermore, this will enable projects such as DigiToads to capitalize on the burgeoning crypto adoption in Nigeria and expand their reach to attract more investors.

More About MetaMask

MetaMask is a popular cryptocurrency wallet allowing users to store, manage, and transfer various cryptocurrencies, including Ethereum, Bitcoin, and other ERC-20 tokens. It is a browser extension compatible with major browsers like Google Chrome, Mozilla Firefox, and Brave.

MetaMask is widely supported across different platforms and has gained a massive following among the crypto community due to its ease of use and intuitive interface. It allows users to interact with dApps seamlessly and offers a secure and convenient way to manage their digital assets.

MetaMask’s parent company, ConsenSys, has just announced a new interface with crypto fintech MoonPay, which will allow customers in Nigeria to buy cryptocurrency via instant bank transfers, without even using a credit or debit card. This new integration will let users gain access to cryptocurrency without transmitting assets from a centralized exchange, again, making crypto adoption seamless and broad in the country. But how could DigiToads benefit from it?

DigiToads (TOADS)

DigiToads is a relatively new ERC-20 token that has generated a huge fan base, and experts’ support in just a few weeks of its existence. A meme coin integrating the web3 gaming ecosystem and play-to-earn capabilities crafts DigiToads – a new utility-rich, hyper-deflationary token.

Similar to many P2E tokens, in DigiToads’ gaming ecosystem, Toad-themed NFTs act like virtual pets that can be raised, trained, and used in combat. But what truly distinguishes DigiToads from the others is the plethora of reward opportunities. Winners who rank in the top 25% on the leaderboards get a proportional share of 50% of the prize funds every month, and whoever does not rank in the top still gets rewards worth 10% of the prize funds. But DigiToads’ generous bonuses do not end here.

The project will hold on-chain trading competitions to increase the trading volume of TOADS, the native token of the ecosystem, and the winning traders will get a Platinum Toad as a reward. This Platinum Toad serves as a key to a portion of the project’s treasury which the winner then traders on the chain and gets a share from the profits made.

DigiToads will launch on Uniswap later this year. For now, you can purchase it from their official website by connecting your MetaMask or any other wallet.

The presale has only been open for a few weeks, but the funds raised exceeded $350K. Given the project’s dynamic presale structure that increases the price ten times before launch, investors seem to rush to grab this new gem at the lowest to enjoy the highest interest returns on the launch.

The integration of MetaMask in Nigeria will significantly expand the client base of DigiToads as well, which could further drive up demand and the price of the token.

The bottom line

Overall, the increasing adoption of cryptocurrencies worldwide and the emergence of more seamless crypto policies are creating a fertile ground for new opportunities and innovation in the crypto space. And with Metamask’s latest update, the potential benefits for crypto projects like DigiToads to gain widespread adoption are greater than ever.