Tamadoge

Halal Rating :
Comfortable
Last Price $0.00076 Last updated:
Rank 2017
1D Change -6.12 %
Market Cap $1.06m
Circulating supply 1,393,353,219
Maximum supply 2,000,000,000

Crypto Overview

Categories
  • Memes

Overview

Tamadoge is a play-to-earn cryptocurrency project launched in 2022 that combines NFT pets with a gaming metaverse. The TAMA token serves as the native currency within the Tamadoge ecosystem.

Purpose and Utility

The intended purpose of TAMA is to serve as the transactional token within the Tamadoge ecosystem. Users can mint, breed, and battle with virtual pets represented as NFTs. The token is used for purchasing in-game items, NFT pets, and rewards distribution.

Business Model Analysis

The core business model revolves around gaming and NFT trading, with no inherent interest-bearing mechanisms or gambling elements. The game mechanics are skill-based rather than chance-based. Users own actual digital assets (NFTs) and can trade them freely.

Development and Adoption

The project has maintained consistent development activity, with regular updates to their gaming platform. They've launched their mobile game 'Tamadoge Arcade' and continue to expand their ecosystem with new features and games. The project has partnerships with major cryptocurrency exchanges including OKX, Gate.io, and Uniswap.

Token Distribution

The total supply of TAMA is 2 billion tokens. The distribution includes allocations for marketing, development, and community rewards. There are vesting schedules in place for team tokens, showing some consideration for long-term sustainability.

Revenue Model

Revenue is generated primarily through NFT sales and marketplace fees, with no lending or interest-based mechanisms. The play-to-earn model rewards actual gameplay and participation rather than passive income schemes.

Rating Justification

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