Solana, Avalanche, DogeMiyagi, and the benefit of letting the community drive in crypto

May 22, 2023 3:41 p.m. STI

New Delhi [India], May 22 (ANI/ATK): When you talk about the success of cryptos and the market as a whole, you would be remiss, not to mention the huge role the community has played in making this industry what it is today today. From the day Bitcoin (BTC) was launched in 2009, crypto enthusiasts who believed in its potential have played a significant role in pushing it and bringing attention to it now. Crypto has become a huge phenomenon known around the world, with new coins appearing regularly, many of them prioritizing their communities to the point that they have become 100% community driven.
One of the latest to surface is an exciting new coin and platform known as DogeMiyagi (MIYAGI)! This article will examine what makes DogeMiyagi worthy of attention and how its growing community contributes to it while looking at two other established cryptos that show real concern for their communities: Solana (SOL) and Avalanche (AVAX).
Solana is all ears
Solana built its popularity as a platform that wanted to bring a new level of accessibility and speed to blockchain networks, which it managed to do as a top 10 ranked crypto by market capitalization. Because of this, he has built a large and powerful community – and let me tell you – the Solana community is a demanding bunch. That said, the platform has risen to the occasion every time. One of the requests that kept coming up was the need for DeFi solutions. Well, Solana heard the loud and clear scream, and they unleashed Raydium’s power on us. With Raydium, users can enjoy super-fast transactions, low fees, and a whole bunch of other great features. This is just one of many upcoming developments from community, feedback and demand. Another is their Wormhole concept, though it’s more about communication between warps than big, scary holes in space.
With Wormhole, Solana has created a bridge that allows users to transfer assets between Solana and other big chains like Ethereum. It’s like having a teleportation device for your crypto! Gone are the days of being stuck on a string, my friends. Solana has opened the doors to a whole new level of flexibility and convenience. From software libraries to command line tools, they have it all. It’s as if the community’s wishlist magically came to life!

The only avalanche worth trapping
Avalanche is focused on enabling its users to build DeFi applications with the goal of creating a platform that provides the best speed, security, and scalability for this.
So how exactly has this community-driven approach propelled Avalanche’s growth? One update that came from the help of the community was the ingenious solution called Avalanche Bridge. With Avalanche Bridge, users can now easily transfer assets between Avalanche and other big chains, like Ethereum. It’s like having a teleportation device for your crypto! Say goodbye to being locked into a single chain, my friends. Avalanche opened the doors to a world of flexibility and convenience.

Another thing that has always been voiced by the Avalanche community has been the need for better development tools, and Avalanche has answered the call in style. They’ve launched a suite of developer-friendly goodies called Avalanche Toolkit, which is like a treasure trove of resources that makes building on Avalanche an absolute breeze.
DogeMiyagi gives it all
DogeMiyagi has yet to officially hit the market, but that hasn’t stopped it from creating its own community of supporters, a group of like-minded individuals that the team actively listens to and responds with prompts to thank them for their support. As a new project, there isn’t much to change at this point, but there are certainly things already announced with a clear community focus. The most important part is that DogeMiyagi is one of the aforementioned cryptos where the team gives the community 100% control of it, creating a real sense of security as well as importance.
Other examples are DogeMiyagi’s referral system, which allows users to earn a generous 10% commission on their investments, such as Ether (ETH). And the best part? The commission is automatically deposited into their wallet. It’s a win-win situation that encourages users to actively participate and contribute to the growth of the community. There is the Killer Swap Machine which is an exchange powered by the famous Uniswap, allowing users to seamlessly and effortlessly swap the MIYAGI token with a wide range of ERC-20 tokens.

And that’s just mentioning the more complex parts of DogeMiyagi. There are, of course, some fun sides that any meme coin community would love! The ability to chat about your favorite cryptos, create and share your own memes, and most excitingly, earn and trade DogeMiyagi’s own NFTs on its NFT Marketplace.
To learn more about DogeMiyagi, check out the links below:
This story was provided by ATK. ANI shall in no way be responsible for the content of this article. (ANI/ATQ)


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