• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
HUGS Introduces Tokenized Gaming and Staking Features

HUGS Introduces Tokenized Gaming and Staking Features

user avatar

by Katerina Papadopoulou

3 days ago


HUGS has unveiled an innovative tokenized gaming platform that aims to elevate user engagement and value within the gaming community. This new initiative not only allows players to utilize HUGS tokens for gameplay but also introduces staking features that promise attractive rewards. The publication demonstrates positive momentum in the developments.

Introduction of HUGS Tokens

Players can now enter various games using HUGS tokens, which contribute to prize pools, enhancing the competitive spirit of the platform. The deflationary supply model ensures that the value of HUGS tokens may increase over time, benefiting players and investors alike.

Staking Feature and Community Engagement

In addition to gameplay, HUGS offers a staking feature with a fixed Annual Percentage Yield (APY), enabling token holders to earn daily rewards. This staking mechanism also fosters community engagement, as participants can track their standings on leaderboards and gain access to exclusive NFTs. This further enriches the gaming experience.

In a related development, CryptoAppsy has launched a new mobile application designed to enhance the cryptocurrency trading experience for users. This innovative tool complements the recent unveiling of HUGS's tokenized gaming platform. For more details, visit CryptoAppsy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Buidlpad Launches Vibe Platform to Transform Early-Stage Crypto Funding

chest

Buidlpad has launched the Vibe platform, a new fundraising solution for early-stage cryptocurrency projects aimed at securing funding and building communities.

user avatarAndrew Smith

Animoca Brands Commits 20 Million KARRAT Tokens to Studio Chain Staking

chest

Animoca Brands has staked 20 million KARRAT tokens on Studio Chain nodes, demonstrating their commitment to decentralized entertainment and enhancing network security.

user avatarJacob Williams

Historical Benchmarks Set by US Elections

chest

The historical activity during the 2020 and 2024 US elections has set significant benchmarks for the current landscape of prediction markets.

user avatarZainab Kamara

Upbit Announces Temporary Suspension of KRW Services

chest

Upbit has announced a temporary suspension of its KRW deposit and withdrawal services due to essential system maintenance at KBank from 3:00 PM UTC on November 8th to 1:00 AM UTC on November 9th.

user avatarSon Min-ho

Coinbase Political Donations Under Scrutiny Amid Allegations

chest

Allegations suggest Coinbase received political favors from the Trump administration in exchange for donations, raising questions about regulatory integrity.

user avatarAyman Ben Youssef

World Liberty WLFI Surges After Political News

chest

World Liberty WLFI has seen a price jump of 10% following political news and large buy orders.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.