Doge2014 was developed to honor and celebrate the 10 years of Dogecoin. The developers are creating a system that remembers Dogecoin’s success
Doge2014 is a new ERC-20 token that is being created to celebrate the 10-year anniversary of Dogecoin. The token will be available for purchase during a presale event, and a portion of the proceeds will be used to purchase Dogecoin, which will then be airdropped to VIP presale participants.
In addition to the airdrop, presale participants will also receive a number of other bonuses, including bonus tokens and the opportunity to stake their DOGE2014 tokens for passive rewards.
Here is a closer look at the Doge2014 token and its benefits:
A Celebration of Dogecoin's 10-Year Anniversary
Doge2014 is being created to commemorate the 10-year anniversary of Dogecoin, one of the most popular and well-known cryptocurrencies in the world.
Dogecoin was launched in 2014 as a joke currency, but it quickly gained traction and went on to become one of the most valuable cryptocurrencies.
Doge2014 will pay homage to Dogecoin's success and bring back the good feelings and opportunities that were present when Dogecoin first started trading.
The token will be available for purchase during a presale event, and a portion of the proceeds will be used to purchase Dogecoin, which will then be airdropped to VIP presale participants.
The specific amount of Dogecoin that will be airdropped will depend on the total amount of funds that are raised during the presale.
For example, if the team raises between $500,000 and $4,999,999 in the presale, they will use 2% of the total raised to buy Dogecoin. Should the developers raise more, the percentage used for buying Dogecoin increases.
As the presale hits new price milestones, the amount that will be used to buy Dogecoin will increase by 1% at each level.
This will continue until the presale raises $10 million and above. At this point, 5% of the total amount will be used to buy Dogecoin.
The Dogecoin will be distributed at the end of the presale based on the total amount raised or milestone reached. The purchased Dogecoin will then be distributed to VIP members alone based on their shares in the airdrop pool.
Bonuses for Presale Purchases
In addition to the airdrop, presale participants will also receive a number of other bonuses, depending on the amount that they invest.
For example, an investment of more than $100 will offer over 35,000 bonus tokens to users.
Other bonus amounts based on the amount invested are summarized in the following illustration:
Users Can Stake Their DOGE2014 Tokens For Passive Reward
DOGE2014 also offers staking opportunities. This requires holders to lock up their purchased tokens in the staking pool for some time.
The process adds to the network’s security as participants’ stakes are used in the validation process, and new blocks are added to the blockchain.
Staking distributes decision-making power in a crypto ecosystem, making it more decentralized. The rewards from the staking process are paid to users as passive income, automatically increasing the number of tokens.
Doge2014 token and its benefits are available from this presale period, and the incentives have been drawing users to its ecosystem.
Those who are interested in joining the Doge2014 community and learning more about the token can visit the Doge2014 website, follow the project on Twitter, or join the Telegram community.
The above is the detailed content of Doge2014: A New Token to Honor and Celebrate 10 Years of Dogecoin. For more information, please follow other related articles on the PHP Chinese website!