Dogira: Combining NFT’s and Gaming
Non Fungible Tokens (NFT’s) are finally getting the mainstream attention they deserve. For those of us who are seasoned veterans that can boast about surviving the crypto dip which lasted from early 2018-mid 2020, we saw the writing on the wall years ago. The use cases for blockchain tech, which were only at the time just innovative mental notes, are being brought to light for the world to finally learn and understand why they are beneficial to the modern technical world. One of the original visions of creating NFT’s to integrate into Native Blockchain Gaming to bring an entirely new and verifiable gaming experience like no other. Dogira, a new cryptocurrency launched on Ethereum is bringing this vision to life.
Dogira (ERC20 Token, Contract Address: 0x4b86e0295e7d32433ffa6411b82b4f4e56a581e1) is a token looking to bring a new gaming experience to blockchain by creating rare, unique NFT’s to coincide with game progression and enjoyment while also bringing value to the native token, DOGIRA, by integrating unique tokenomics. With a limited supply, burn mechanism, limited edition NFTs planned, and partnerships, Dogira has set itself up for success in the long term cryptocurrency market.
Created by experienced developers, with one developer being an original contributor to Dogecoin, Dogira is inspired to follow in Dogecoins footsteps as a staple in the industry. The differences of Dogira and Dogecoin are easy to spot and will be broken down below:
- Dogira Token Supply: 100,000,000
- The Token is not minable, you can purchase the Token on Uniswap or WhiteBit (other forms of distribution could be in development)
- NFTs were released after launch and sold out completely. The money raised from the release of the NFTs was reinjected into the project to support its development.
- Dogira is subject to 2 different functions in its contract that can be called every 10 minutes (only 1 function can be called every 10 minutes — call _verysmashed_ = 2% of tokens are burned/redistributed to Dogira holders, call _dogebreath_ = triggers positive Rebase (2%)
In addition, Dogira Liquidity Providers will also receive a portion of the 2% burn.
Providing and developing the above token features will keep Dogira fresh and unique while offering value in different ways, which will keep the markets moving and healthy (this in theory is the coded design). Another way Dogira is adding gamified tokenomics to their ecosystem is by allowing the community to vote on the future of Dogira Pool token Allocation. Users can vote to redistribute Dogira Pool tokens, or burn them.
This gives an added layer of game theory which can ultimately move the project forward in new ways, instead of following the “locked liquidity” LP model first experimented by Core. This not only allows for interesting tokenomics, but for strategic management of the future and direction of the ecosystem.
Experience in the industry is also one of the things that is supporting the project in the background. As mentioned above, one of the projects developers was a contributor to the original Dogecoin project. They helped the Digibyte Team implement the Gravity Well Algorithm into Dogecoin, along with several other hotfixes during the 1.6 client lifecycle. Being involved in the cryptocurrency industry in 2013/2014, this developer has a firm understanding of how blockchain works and how it can be beneficial in different ways.
Dogira also has an extensive plan to navigate through 2021 and beyond. The team behind the project understands the need for a well thought out roadmap, so one was created for your convenience. It can be seen below.
When considering all of what Dogira and its developers have accomplished, it’s no debate that Dogira is set up for success, even in this diluted market. With unique NFTs, efficient and innovative tokenomics, industry experience, and a strong commitment to involving the community, this project has a huge opportunity to capitalize on the growing blockchain gaming industry.
(I write articles, reviews, and Litepapers for legitimate, interesting, up and coming cryptocurrency projects. Feel free to PM me to review your project. Thank you!)
Disclaimer: This is not financial advice. The sole purpose of this post/article is to provide and create and informative and educated discussion regarding the project in question. Invest at your own risk