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For the first time, $AGONY, the native token for ADA Demon, an immersive Play-to-Earn game, is available to investors and gamers alike during the Private Seed Sale going on right now. It will be the lowest ever price for $AGONY, and once the token gets listed on exchanges, the value will see a substantial increase, given the craze around the game and the well-crafted tokenomics backing it.
The total number of $AGONY tokens is capped at 5,000,000,000. You can invest in $AGONY using the $ADA token, with the current conversion rate between the two fixed at 1 $ADA = 300 $AGONY. Also, investors cannot purchase $AGONY beyond a maximum worth of 35000 $ADA and less than 300 $ADA. It is to ensure diversity and equitable distribution of the token amongst the various investors since ADA Demon is a community-owned platform. The hardcap and softcap here is 500,000 and 400,000 $ADA respectively.
Why should I invest in $AGONY?
There are several investment options available, and even thousands of crypto tokens. So, why choose $AGONY over others? The answer is simple, it employs various protocols that ensure long-term sustainability and viability. Other than that, $AGONY acts as an in-game utility to purchase weapons from the marketplace, upgrade characters, or progress quickly through the initial stages of the game. Besides, here are some of the protocols employed and features offered by $AGONY.
Staking: Staking is a protocol employed by several platforms that use the proof-of-stake model to process payments and helps both parties. In this, investors deposit their tokens to the staking pool, which is then used by the blockchain to confirm transactions, and those who stake their tokens receive a steady stream of rewards in return.
De-Fi Loans: ADA Demon also allows users to take loans using their digital assets as collateral, similar to how loans work in real life. The investor who acts as the lender here earns an interest fee for the loaned amount. Also, since the credit history is not considered while applying for the loans, it’s relatively easy and caters to a bigger user base. Besides, the interest rate will be considerably low when compared with the traditional loan options.
Auto-burn of tokens: Another great feature of $AGONY is the automatic burning of the token. It is a great concept and leads to a constant increase in the value of the coins in the long run, though the effects should be visible soon after. Here, a given percentage of the tokens is burned regularly reducing the total number in circulation, thus leading to a rise in the value of the remaining tokens. So, you can be sure of your investments seeing a substantial rise in the coming days.
Be a decisive voice and approve changes on ADA Demon: ADA Demon works on the principle of DAO (Decentralized Autonomous Organization), which makes it a community-owned platform. Investors who staked their $AGONY token get to vote on proposed changes or even introduce proposals. The voting power depends on the number of tokens staked. The more the number, the higher the voting power! So, if you understand the crypto world and know-how to ensure the success of a project, purchase, and stake as many tokens to decide the future course of ADA Demon.
Focus on marketing and rewards: Of the total supply of the $AGONY token, 10% is reserved for marketing ADA Demon, which will ensure that the projects remain both sustainable and relevant in the years to come. Besides, 3% and 2% of the total supply are reserved for Staking rewards and Participation rewards respectively.
Given the plethora of benefits and rewards offered by $AGONY, and the protocols and features employed to ensure viability and utility, $AGONY sure seems to be heading towards revolutionizing the market. While you could find some of these features with other coins, none offer them all. So if you haven’t yet, check out the details for the Private Seed Sale and invest in $AGONY right away for maximum returns.
To find out more about ADA Demon, visit the official website: https://adademon.com/
$AGONY Token Sale: https://sale.adademon.com/
Also, follow ADA Demon on all social channels to stay up-to-date with the recent launches, in-game releases, and offers.
Twitter: https://twitter.com/ADADEMON_
Instagram: https://instagram.com/adademonpage
Telegram: https://t.me/adademonp2e
Reddit: https://www.reddit.com/user/Ada_demon/
Discord: https://discord.gg/dmVcqaa86S
Medium: https://medium.com/@ADADEMON
Github: https://github.com/ADADEMON
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
