The mother dog token: a decentralised platform for crypto and NFT

jordi222 (25)in #btc • 3 years ago

Introduction

The popularity of crypto in recent times have gone through the roof. Hardly can you count five out of a group of ten people, who are not aware of what it entails. One of the reasons it is popular is the high profits on investments that people get.

The popularity of crypto, especially that of bitcoin, has led to the creation of meme tokens that mimic popular online memes and sometimes major events.

Trading meme tokens can be very profitable due to the high volatility of the digital money market. However, people can lose their money when they trade in unpromising meme tokens. One of the reasons why meme coins fail is the nature of which the developer created the coin.

The mother dog

Most meme tokens fail to see the light of day because they are not community centred. The importance of a community in a token cannot be overemphasized, community-based tokens are always decentralized and the community will, in turn, ensure the durability and resilience of the token.

A few meme tokens are successful, like Doge coin, Shiba Inu, and some others. One of the factors behind the success of meme tokens is the community behind the token. The community are the backbone that balances the token.

The mother dog is a fully decentralized token, and it is also an NFT market. The mother dog token will attract different users. These users can be those who trade the NFTs or those who trade meme tokens.

Features of the mother dog

The mother dog token is a promising project with lots of features that can benefit traders. Some of these features are discussed below.

Farming: the mother dog allows its users to partake in the improvement of the token by providing liquidity. Through this participation, users can also get rewarded.

Staking: through this process, users can become passive income earners. When users stake their token, they earn income every day and the higher their stakes, the higher their income and vice versa.

The mother dog swap is the automated market maker (AMM) on which the mother dog is based, and its NFT market allows safe trading of crypto and NFTs.

Wallet: the mother dog token has its wallet app available on both the Android and Apple stores. Users can store and trade mother dog tokens directly on the wallet.

Details of the mother dog

The mother dog will start under the name MDOG, and It will be based on the Binance network on the BEP 20. The token has a total of 1,000,000,000,000 supplies. As a utility token, it can be used for many transactions. Eager traders can get the token on the mobile app or mother dog supported exchange.

Conclusion

The mother dog is not just a mere token, but it is a token and an NFT market. Meme tokens offer beneficial investment due to the volatile nature of the crypto market, and mother dog is seeking to follow the path of successful meme tokens like Dogecoin, Shiba Inu and a host of others.