Could 8Bit Doge be the next evolution in the cryptocurrency world that rivals DogeCoin or the SHIBA INU token?
With the mass adoption of cryptocurrencies and tokens along with the surging values of NFT collectibles, 2021 has been a transformational year for the blockchain. But it’s not over yet. 8Bit Doge, which is located on the Binance Smart Chain, is aiming to create a new ecosystem that is built around the utility of a blockchain token in gaming.
Like DogeCoin, but with a game, and pixelated, 8BitDoge is the latest company to bring potential market disrupting tech to the forefront. This follows an exponential rise in NFT sales that exceeded $10 billion in the last quarter alone according to the latest industry data.
Having built their founding principles on creating a community of multi-skilled visionaries, 8Bit Doge is aiming to be at the forefront of DeFi as the first platform to create an integrated gaming and NFT experience. Early adopters with 8Bit Doge coins include the developer and founder of DogeCoin, Shibetoshi Nakamoto according to the company.
With its aim to drive up the floor price and increase token liquidity in the long term, the cryptocurrency is bringing together leading developers and crypto project managers to create a unique experience. Following the launch of $BITD and the greater 8Bit Doge ecosystem earlier this year, the founders are aiming to re-invent tokenomics on the Binance Smart Chain, with the release of their game set to hit bets in the coming months.
Funds from NFT sales will be 50% allocated to liquidity, 25% to buy and burn, and 25% to marketing & development as 8Bit Doge forges ahead with its new ecosystem that will be accessible to people around the world.
Being one of the first adopters of utility based NFTs, and with their boosted values due to these new attributes, 8Bit Doge aims to challenge the emerging coins as competition heats up. And with increasing NFT adoption as well as more accessible trading through the blockchain, adding the gaming industry into the mix could transform the cryptocurrency world like never before.
In partnership with 8Bit Doge
Financial disclaimer: Financial trading and investing in cryptocurrencies including NFTs, coins, tokens as well as other leveraged products is highly risky and can result in losses that exceed your initial deposit. Suitable professional financial advice should be obtained before investing in these assets or the financial markets.