Decentraland losing its appeal fast, TipsyCoin surging in popularity

A penguin-inspired meme coin that is yet to launch is delivering the ultimatum to a top #50 coin. TipsyCoin has been described as the better alternative to Decentraland since its upcoming exhilarating game, TipsyVerse, will douse the “pathetic” range of activities in Decentraland. TipsyCoin is also on track to rival DogeCoin (#11 in market cap) since $tipsy (TipsyCoin’s ticker symbol) has vast utility withholders being able to earn interest simply by leaving $tipsy in their wallets. TipsyCoin’s holders accrue rewards almost magically – not from new $tipsy being generated, but through proceeds of a sell-tax that other holders pay when they sell their TipsyCoin. The sell-tax is lower than industry norms, at 10%, and there is no tax imposed on buying TipsyCoin. This mechanism, ingrained in complex smart contracts that is the first of its kind globally, promotes the effortless adoption of $tipsy and creates a tight bond among its holders.

TipsyCoin’s easy adaptability requires no depositing of its open-source cryptographic currency to earn interest; holders merely have to ensure the safety of their wallets. This is unlike most crypto projects that introduce staking mechanisms which require users to deposit coins onto websites to enjoy rewards and unfortunately, exploits in recent times have seen spurring debacles owing to security flaws. For $tipsy, its security protocols are superlative. Its liquidity pool will be locked for 5 years (an eternity in the crypto world), the project is doing a great deal of beta-testing and it will be audited by Certik even before launch. For perspective, Certik has auditedBinance and Crypto.com among others and has a long waitlist given that hundreds of crypto projects launch each day; yet, the organization has prioritized verifying TipsyCoin’scontracts and their engineers are already on stand-by. This should not be surprising given that $tipsy is revolutionizing the industry and has also employed Gnosis Safe multi-sig vaults to protect its contracts from compromised keys. The team behind $tipsy is highly experienced with its tech lead teaching university students how to code in Australia. The project team has also only allocated 10% of token supply for themselves and given how innovative TipsyCoin is, $tipsycertainly prides itself strongly on fairness and transparency.The team’s equity is vested over 12 months, signifying the long-term interest of its founders and developers.

TipsyCoin will propel the avant-garde TipsyVerse – a game that is currently in development and slated to have its alpha-release in 2023. Positioned as the Vegas of the metaverse, players in TipsyVerse shall dive into a virtual reality paradise where they can customize their characters with various wearables, choose from a plethora of transport options andbuild houses on land they successfully bid for. In this alternate world of infinite possibilities, one can expect to see flying pigs in place of birds and penguins which double up as companions even in the summer. It will be completely immersive too. Players are welcome to partake in games of poker or roulette, and once VR integration with the Oculus Quest 2 and HTC Vive is completed, a whole new level of reality unfolds. High-definition sounds and crystal clear displays which do justice to the game’s low-poly style graphics are just the beginning; TipsyCoin aspires to commence R&D into bodysuits eventually (think Ready Player One). 

All digital assets purchased in TipsyVerse come in the form ofnon-fungible tokens (NFTs). According to an analysis by DappRadar, NFT trading volume grew 38,000% year-over-year to hit $10.7 billion during the third quarter of 2021. In TipsyVerse, players will have options to personalize their character with clothes and accessories, among others. Unlike traditional gaming worlds, these digital items are assets and not consumables, so they stay with players forever in theirwallets. These are NFTs and when a player enters the game, the game is connected to the player’s wallet and loads up all of his/her digital assets. This presents massive commercial opportunities for $tipsy holders who go beyond leaving their TipsyCoin idle. While a patch of virtual real estate in Decentraland has been sold for a record (measly) $2.4 million, TipsyVerse is on target to surpass this with cities thriving in a myriad of terrains that simulate several weather conditions. After all, according to CoinSpeaker, the graphics of TipsyVerse will do justice to the 21st century while the visuals of Decentraland pay tribute to pac-man, as if the latter was built in the 1990s. Players who snag up land in TipsyVerse in its early days can capitalize on flipping real estate for profit in secondary markets such as OpenSea, since these land NFTs (just like wearables and transport) are all tradable. TipsyVerseasserts that all NFTs are limited, individually numbered and identifiable. They are of varying rarities too – and in the case of real estate, this is likely determined by the size and location of the land.

To outstrip any hope that Decentraland has of regaining traction even if they boost their graphics, players in TipsyVerse can expect to enjoy go-karting, skydiving, parasailing, skiing, cage diving with Great Whites, trekking volcanoes and engaging in battle royale or quest expeditionsamong a diverse array of activities. We expect thrill-seekers to flock to TipsyVerse to enjoy an adrenaline overdose while embracing their real-life phobias. The less adventurous will seek pleasure in ordering virtual cocktails and bottles of champagne at bars and clubs in this virtual version of Las Vegas. As Brytehall (a luxury NFT platform launched by Vogue & Binance) puts it, “So, visualise a world of real-life celebrities and DJs hanging out at after parties in TipsyVerse. Imagine gaining access to front-row seats, private member clubs and parties of the metaverse.” To sum it up, players have multiple avenues to foster bonds with their virtual friends (and even get married) in TipsyVerse while their pals in Decentraland wander around aimlessly. 

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In a finale to condemn all competition, TipsyCoin is strongly engaged in philanthropy. Not because it has to (without even having launched yet), but the founders themselves have been supporting the less privileged for years now. Humanitarian influencer Anja Ringgren Lovén, who was voted world’s most inspirational person of 2016 and who has never backed any crypto project to date, attested that the founder of $tipsy had previously worked with her and Pfizer to eradicate pneumonia in Nigeria. Paradise Wildlife Park has vouched for the project, too, after TipsyCoin had adopted 50 penguins right after saving the 81 African children through Land of Hope. With a 3% allocation to charitable causes evident from TipsyCoin’stokenomics, the project is firm about bettering the world. If and when $tipsy reaches $0.01, a $30 million commitment (derived from 3% of 100 billion token supply) to philanthropy would be among the largest donations in the crypto scene.

As a currency that has a maximum finite supply with a burn mechanism that reduces its quantum in circulation, and which has defined its mission of spreading joy while saving lives, TipsyCoin is the gold standard of cryptocurrency.

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