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Bittime - The world of blockchain gaming is growing rapidly, opening up new opportunities for gamers and investors. Among the various emerging projects, ParagonsDAO (PDT) is attracting attention as a decentralized autonomous organization (DAO) focused on developing and investing in blockchain games.
What is ParagonsDAO (PDT)?
ParagonsDAO (PDT) is a decentralized autonomous organization (DAO) focused on developing and investing in blockchain games.
Their mission is to accelerate blockchain gaming adoption and build a sustainable gaming ecosystem.
ParagonsDAO (PDT) Key Products & Features
- Parallel TCG: An innovative digital trading card game with tradable NFT assets.
- Paragons Marketplace: A platform for buying, selling, and trading in-game NFT assets.
- Paragons Staking: A staking program that allows users to earn PDT rewards by staking their tokens.
- Paragons Launchpad: Launch platform for new blockchain game projects.
- Paragons Ecosystem Fund: A fund dedicated to supporting the development of new blockchain games.
Also read: What is a Banana Gun (BANANA)? Safe and Easy Crypto Trading on Telegram
What is PDT Token?
PDT token is the native utility and governance token of ParagonsDAO. This token is used for:
- Governance: PDT token holders can participate in DAO governance and vote on important proposals.
- Staking: Users can stake PDT tokens to earn PDT rewards and exclusive NFT assets.
- Payment: PDT tokens can be used to purchase NFT assets on Paragons Marketplace.
Also read:
Tokenomic Token PDT
- Total Supply: 100 million PDT
- Circulating Supply: 21,197,782 PDT
-
Token Allocation:
- 30% - Public sale
- 25% - Team and advisors
- 20% - Game ecosystem and development
- 15% - Reserve fund
- 10% - Marketing and community
ParagonsDAO (PDT) Fundamental Analysis
Feature | ParagonsDAO (PDT) | Competitors |
Main Products | Parallel TCG | Illuvium, Axie Infinity |
Governance Features | Yes | Yes |
Staking | Yes | Yes |
Launchpad | Yes | Yes |
Ecosystem Fund | Yes | Yes |
Market Capitalization | $21 million | $100 million |
Trading Volume | $8,702 | $100,000 |
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ParagonsDAO (PDT) Price Prediction 2024
Predicting cryptocurrency prices correctly is difficult, because it is influenced by various factors, such as technological developments, government regulations, market sentiment, and global economic conditions.
However, based on historical data and fundamental analysis of ParagonsDAO (PDT), here is the PDT price forecast for 2024:
Optimistic Scenario
- Highest Price: IDR 1,500
- Average Price: IDR 1,000
Moderate Scenario
- Highest Price: IDR 1,000
- Average Price: Rp. 700
Pessimistic Scenario
- Highest Price: IDR 700
- Average Price: Rp. 500
Factors that could push PDT prices up in 2024:
- Parallel TCG Launch: Digital trading card game Parallel TCG is predicted to attract many new players and increase demand for PDT tokens.
- Paragons Marketplace Success: The Paragons Marketplace platform could become the premier platform for trading blockchain gaming NFT assets, which would increase the value of PDT tokens.
- Growth of blockchain gaming industry: It is estimated that the blockchain gaming industry will experience rapid growth in 2024, which will benefit ParagonsDAO as one of the major players in this industry.
Factors that could hold back PDT prices:
- Competition: The more blockchain gaming projects that emerge, the tougher the competition ParagonsDAO faces.
- Regulation: Unfriendly government regulations towards cryptocurrencies could hinder the growth of the blockchain gaming industry and put downward pressure on PDT prices.
- Global economic conditions: Unstable global economic conditions can cause investors to shift to safer assets, and put pressure on cryptocurrency prices.
It's important to remember
- These predictions are based solely on currently available data and analysis.
Conclusion
ParagonsDAO is an interesting project with great potential in the blockchain gaming era. An experienced team, innovative product, and strong tokenomics make PDT an investment worth considering.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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