Dogeball Unveils Staking Rewards of Up to 80% for Early Participants

While DOGEBALL’s unique mix of game and memes is giving it some brownie points from the ever-enthusiastic crypto crowd, its staking perk isn’t slouching either. Through it, users can earn additional rewards of up to 80%.

While the option of presale staking is normal, chances are new holding mechanics will come to the surface once the whole project is up and running.

DOGEBALL Staking: Offering Higher Gains Passively

DOGEBALL staking has a conventional approach when looked at from the first glance. Users can simply buy the tokens during the presale and choose to set aside these tokens for passive income purposes. With a 7-day lockout period, staked tokens will provide 80% rewards to early investors.

What makes this approach different, however, is that the staking isn’t dynamic. As the pool gets more tokens, it won’t reduce the yield percentage automatically. The 80% APY has been preset, potentially the largest static reward mechanism for a presale, making DOGEBALL a leading staking token to watch this year.

Why Staking Matters for DOGEBALL?

DOGEBALL’s goals are to strengthen the project in multiple ways. However, the reasons staking matters to its ecosystem are as follows:

Massive Gains for Early Investors

DOGEBALL, according to the whitepaper, is always investor-focused, which means giving more rewards to early players. Now that the presale is up, the earliest investors get an additional mechanism to rake in additional gains. Staking is like a bonus option here, meant for those who believe in DOGEBALL’s long-term potential.

NFTs and even mini-games could be part of this program.

Preventing Sell-Off Post Listing

After the presale concludes, staked tokens can only be claimed after 7 days. These seven days act like a buffer period to prevent rapid token sell-offs. Presales of the past have suffered from this issue, where a project, regardless of potential, is discarded because the price drops rapidly as early buyers quickly sell their tokens.

With DOGEBALL, the goal is to let long-term investors give the project time to grow.

Further Development of the Ecosystem

Staking allows long-term project supporters to keep their eyes focused on DOGEBALL and gain from the milestones of the roadmap. The project is currently in its third-phase expansion, which includes corporate gaming partnerships. 

As more tokens get staked, DOGEBALL could surge from a supply-demand mechanic. That could lead to more high-profile developers being interested in the project.

Listings on tier-1 exchanges are also a goal. Each milestone could make DOGEBALL more viral, and with time, the second version of the game will arrive, following the release of its L2 blockchain and the creation of more tokens.

Key to Establishing More Partnerships

More tokens staked means increased token value, an interesting way to market the token and gain more partnerships. Falcon Interactive, a well-known crypto game development company, has already joined DOGEBALL. With staking-based growth, the goal is to even pull in Activision developers.

The goal of DOGEBALL is to gain the attention of these top Web2 developers to make the Web3 ecosystem even more appealing. It will feed into a feedback loop where more attention leads to better partnerships, and better partnerships lead to better games.

Meme-Centric Gameplay For Short and Long-Term Upsides

DOGEBALL’s pivot away from the standard “static-gameplay” style is its core strength. Its core gameplay mechanic is based on the popular sports title dodgeball, but with a big prize pot of $1 million.

Simplicity is another upside Dogeball could leverage in addition to the meme-driven environment existing within the ecosystem. 

Shiba Inu and Elon Musk are two characters mentioned most in the whitepaper. Since Dogeball is an online game with multiple computer-controlled players, we can expect other memes to also make an appearance.

The game is playable today, with graphics being a standout. Funny sound effects when the ball hits the opponent and the synth-based background music, as seen in the video below, also highlight how deeply the developers have thought about the environmental aspect of the game.

This meme-centric gameplay could provide upside to short- and long-term investors.

Final Thoughts

DOGEBALL’s staking mechanic has ramped up investors’ interest in the project, opening room for conversations about the token’s future upsides. The focus on gameplay, robust partnerships, and constant expansion has made DOGEBALL a project worth exploring.

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