Play-to-Earn Sector is one of the fastest-growing crypto sectors that's expected to reach $6,324.54 million by 2031.
One of the games that capitalised on this is Hamster Kombat, which reached global recognition in a short period of time.
Especially in Iran, where active player numbers grow with each day.
However, recently Iran's deputy military chief had harsh words about the game, which led investors to believe that Hamster could be banned there soon.
This is why many of those investors changed their focus to a different P2E project – PlayDoge ($PLAY).
This game is currently in its presale stage, and it raised around $5 million in the meantime.
Let’s dig a bit deeper…
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Is Iran Going to Ban Hamster Kombat?
Iran's government is expressing significant concern over the rapid rise in popularity of the Telegram-based crypto game, Hamster Kombat, which has reportedly amassed 200 million players.
The game's surge in Iran is seen by officials as part of a "soft war" by Western forces, aiming to distract Iranians from critical issues like the upcoming presidential election, economic challenges, and high inflation.
Rear Adm. Habibollah Sayyari, Iran’s deputy military chief, criticised the game, suggesting that it is a Western ploy to divert attention from the election and other important national matters. State-run media echoed these sentiments, arguing that games like Hamster Kombat promote unrealistic dreams of quick wealth and detract from a culture of hard work and entrepreneurship.
With the token launch on The Open Network (TON) approaching in July, the Iranian government views the game's popularity as a threat to social stability.
This sentiment has raised speculations about a potential ban on the game to curb its influence.
As the situation develops, it remains to be seen how Iran will address this growing digital phenomenon amidst its socio-political landscape
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How PlayDoge’s Play-to-Earn Pet Game Works
PlayDoge is an engaging P2E mobile game that allows players to adopt and care for a virtual Doge pet, bringing back nostalgic memories of Tamagotchis. The gameplay is designed to be simple yet rewarding.
Players are responsible for feeding their Doge, playing mini-games, and ensuring their pet’s well-being. This care cycle helps keep the virtual pet happy and prevents it from running away. By consistently engaging with their Doge, players earn PLAY tokens.
For instance, if a player logs in multiple times daily to tend to their Doge for a week, they can accumulate a significant amount of PLAY tokens. These tokens can be exchanged for other cryptocurrencies or staked for passive income, making the game both fun and potentially profitable.
The staking system of PlayDoge offers impressive annual yields of 140%. This attractive rate has led investors to stake over 117 million PLAY tokens since the presale began, demonstrating strong community interest and trust in the game.
To further boost confidence, PlayDoge’s developers had their smart contracts audited by SolidProof. The audit found no significant vulnerabilities, giving the project a solid stamp of approval and ensuring a secure gaming environment for its users.
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PlayDoge Introduces Multi-Chain Staking
PlayDoge is quickly emerging as a major player in the cryptocurrency space, thanks to its innovative features that extend beyond its popular play-to-earn game.
One of the standout utilities that set $PLAY apart is its unique multi-chain staking capability, which has drawn comparisons to successful meme coins like Floki.
Unlike most multi-chain tokens that offer staking rewards on a single chain, PlayDoge has launched stake-to-earn protocols on both the BNB Smart Chain and Ethereum.
This dual-chain approach is rare in the crypto industry and offers a significant advantage for a wider range of investors. It allows users to maximise their earning potential by staking across multiple chains.
Investors can explore the PlayDoge staking dashboard to view and manage their staking rewards across both chains.
This innovative solution not only enhances the flexibility of staking but also demonstrates why savvy traders are increasingly attracted to PlayDoge. By providing a seamless and efficient way to earn rewards, PlayDoge is setting a new standard in the cryptocurrency market.
PlayDoge’s commitment to innovation and user engagement continues to solidify its position as a top contender in the rapidly evolving crypto landscape.
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Conclusion
In the face of potential challenges in Iran, where the government is scrutinising Hamster Kombat for its perceived Western influence, investors are seeking alternative opportunities in the Play-to-Earn (P2E) sector.
PlayDoge stands out as a promising option, combining the nostalgic appeal of virtual pet games with advanced multi-chain staking capabilities.
With a rapidly growing presale that has already raised significant funds and a solid foundation built on audited smart contracts, PlayDoge is well-positioned to attract both gamers and investors.
