Tamadoge, the wildly popular play-to-earn (P2E) meme coin, has finished its presale way ahead of projections after reaching its fundraise target of $19 million on Sunday 18 September 2022.
The Web3 game in which owners of the TAMA token get access to the ‘Tamaverse’, where they can nurture their Tamadoge Pet and battle with it against others, has proven a big hit with crypto investors.
Tamadoge’s presale began on 25 July and in only eight weeks it has raised more than Ethereum did ($16 million) in its presale back in 2014.
Register to receive TAMA exchange and claiming info – details to be released on 20th September 12pm BST
Investors in the presale can register now to receive updates via email on how to claim their tokens (more ‘how-tos’ at the foot of this article).
All the claim details will be announced on 20th September at 12pm BST and will be relayed to the community via the Tamadoge website at Tamadoge.io and on the official Telegram group and Discord server.
Centralized exchanges (CEXs) have already been lined up to trade TAMA, such is the level of interest in this latest meme coin – it looks primed to go viral following extensive global media coverage.
Investor frenzy before sellout – early birds already sitting on 200% profit, even before listing
In the last hour of the presale a huge $1 million was raised from eager investors. This is the ninth and last phase of the presale.
Early-birds who bought in the beta sale in July were able to secure a price of $0.01 and a paper return of 200%. The final phase of the presale saw the TAMA token priced at $0.03.
Meme coins such as Dogecoin and Shiba Inu produced incredible returns on investment (ROI) of around 10,000% to 700,000% for investors.
The expectation that Tamadoge could achieve even a fraction of those eye-watering returns when it lists on CEXs certainly explains the hyped interest.
Bringing play-to-earn gaming to a mass consumer audience
Tamadoge is at the cutting-edge of a new wave of meme coins offering real product utility and value.
The game aims to garner mass consumer adoption by bringing the P2E format to a new audience and, crucially, by making the reward mechanism first and foremost part of a fun and enjoyable experience.
First peeks of the game will be coming "very soon", according to social posts.
To have achieved a fundraise of $19 in less than two months suggests that data showing the gaming sector as likely to be one of the first to recover from the crypto winter is probably correct.
GameFi is one of the areas where crypto killer apps are likely to emerge first and this is helping drive interest from crypto market participants.
