- Tamadoge is a play-to-earn crypto project that held one of the most successful presales of 2022.
- It’s now continuing its development with beta testing for its upcoming arcade game which will offer crypto rewards.
One of the top new cryptocurrencies, Tamadoge (TAMA), is a play-to-earn (P2E) meme token. After completing a successful presale last year, the token became one of the top-performing meme tokens in 2022.
Tamadoge has recently started beta testing for its upcoming arcade game, which promises exciting rewards to all users.
Tamadoge Launches Beta Testing
On January 5th 2023, Tamadoge took to Twitter to confirm beta testing is underway. The Tamadoge arcade has three games available to play. With the launch of beta testing, Tamadoge (TAMA) has positioned itself as a meme token providing multiple use cases. Unlike Dogecoin (DOGE) and Shiba Inu (SHIB), TAMA will offer users the opportunity to win big rewards.
While the beta game has yet to release any play-to-earn (P2E) offers, the beta testers can earn rewards from the Tamadoge Bug Bounty. The testers who report bugs or glitches with the beta game will be rewarded with TAMA.
Any game bugs identified will be rewarded with $1,000 worth of TAMA, while game-breaking bugs and cheats will be rewarded with $10,000 worth of TAMA. Users will be given 10,000 worth of tamadoge Arcade credits to begin beta testing.
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Tamadoge NFTs and Dogepoints
Tamadoge will give investors the opportunity to engage in P2E dynamics with the available NFTs. In October 2022, Tamadoge launched an NFT collection featuring 21,000 limited edition NFTs.
The NFTs have been categorized into three main sections: Ultra Rare, Rare and Common. Users can also upgrade and purchase NFTs from the Tamadoge store.
To keep the TAMA token competitive, 5% of all tokens spent on the Tamadoge store will be burnt. Thus, the development team aims to control the demand against the supply. This is beneficial for long-term value holding since many other meme tokens, such as Dogecoin, do not offer deflationary tokenomics.
Upcoming Opportunities for Tamadoge
According to the Tamadoge whitepaper, the gaming arcade is just one area on which the platform is working. In Q1 2023, Tamadoge will focus on making multiple metaverse partnerships with already established metaverse projects.
While the beta testing has begun for the arcade, the complete release is expected to be complete by Q3 2023. One of the other key features that Tamadoge is working on is an Augmented-Reality app, which will incorporate the same P2E dynamics as the platform.
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Tamadoge Price Increase Following Exchange Listing
Due to the popularity surrounding Tamadoge’s utility-based meme token, the cryptocurrency enjoyed a successful presale. Over the course of the presale, TAMA raised more than $15 million. The cryptocurrency price increased from over $0.01 to $0.03 over the presale round – a 300% price jump.
Following the presale, TAMA was listed on OKX – one of the biggest global cryptocurrency exchanges. To ensure that the token is available for all users regardless of geographical rules and regulations, TAMA was launched on the OKX centralized and decentralized exchange. After listing, TAMA rose to nearly $0.20 – an increase of 600% since the exchange listing. Early presale investors benefited almost instantly.
Currently, the price of TAMA is $0.014 per token.
Can TAMA Surge After the Release of the Gaming Arcade?
As is seen with any other new cryptocurrency, the price of TAMA corrected after reaching an all-time high (ATH) of nearly $0.20. Since Tamadoge has released beta testing for the games arcade, many investors expect another price jump.
In December 2022, the token increased from $0.0135 to $0.017 – a 25% price jump. Over the long run, releasing the games arcade could potentially lead to upwards price movement. Compared to meme tokens such as Dogecoin, TAMA also offers deflationary tokenomics.
Compared to Dogecoin’s supply of more than 132 billion tokens, TAMA has a circulating supply of only 1 billion tokens. In the long term, the demand for the token could increase as more investors decide to access the gaming arcade.
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