DogePreneur calls itself the next evolution of real estate investment, blending the robust utility like real estate investment with the viral potential of a doge meme
DogePreneur claims to be the next step in real estate investing, combining the strength of an investment with the viral potential of a doge meme. Built on the Solana blockchain, the project is being offered as a presale and has already raised more than $9.6 million. Can DogePreneur make it big this year, or will another, better doge-themed token take its place?
What Is DogePreneur?
“A pioneering meme token initiative designed to bridge the world of digital currencies and tangible real estate assets,” reads the DogePreneur whitepaper. The project claims to be involved in the strategic acquisition and management of rental properties, capable of generating stable returns for investors.
It also states that 70% of the rental income is returned to investors, creating a stable ecosystem for generating passive income. The project seems to be inspired by Dogecoin. But by putting a meme-like scenario in the world of real estate, the project says it is creating a unique path and will offer investors and meme coin enthusiasts a distinct investment opportunity.
A Look at DogePreneur's Real Estate Investment Strategy
DogePreneur has outlined a three-step process for its approach to real estate investment:
DogePreneur claims that these properties will have exceptional guest experiences and premium amenities. Moreover, automated booking systems will reduce the costs of operating these facilities. These automated systems will also ensure a constant influx of new guests and investors, according to the project.
DOGEP Tokenomics
DOGEP is an ERC-20 token that powers the DogePreneur ecosystem. Its total supply is not mentioned in the whitepaper or on the official website. However, there is information on how the supply is divided:
DogePreneur Roadmap
DogePreneur's roadmap is divided into three stages. The first stage has begun, with the project planning to make the token live in the second stage and, in the third stage, aiming to tokenize RWAs through platform development and integration.
DogePreneur Price Prediction – Does DOGEP Have a Future?
From what we can tell by reading the official whitepaper, DogePreneur is a meme coin in name only. The image of a doge wearing a three-piece suit to create a visage of a real estate investor is an attempt to give it a viral appeal, but the focus of this project is on real estate investing.
The concept of renting through Airbnb and generating revenue from it is novel. Moreover, being built on the Solana blockchain can help it leverage the SOL meme token narrative. However, the project does leave out certain details.
The token supply is not mentioned, the roadmap is very vague and some staking perks are generic.
Needless to say, even though it is being marketed as a meme coin, it doesn't have many standout features that could give it viral potential. As such, those looking for a mix of short-term hype and long-term upside should look for a better alternative, like PlayDoge.
PlayDoge Is a Superior Project to DogePreneur
While DogePreneur's imagery is unique and adding a real estate-based use case gives it a strong foundation, the narrative of mixing real estate perks with a doge theme doesn't work that well.
With meme coins, it is more suitable to introduce use cases that are easily accessible and rooted in either gaming or social aspects. That's where PlayDoge (PLAY) comes in as a potential alternative to DogePreneur.
Inspired by the old Tamagotchi games, PlayDoge introduces a unique ecosystem where the Tamagotchi pets reside on the blockchain and raising them gives investors access to passive income.
This unique P2E ecosystem, which combines standard gaming with emotional attachment, has also introduced mini-games that will feature these digital pets, giving them more to do than just sit in one place and passively interact with their owner.
The project has also come out with its own staking perks that even presale investors can nutzen to earn over 90% APY. Additionally, PlayDoge is presented as an 8-bit character, which gives it a nostalgic appeal and can attract attention from old-school gamers.
The project is also generating interest with its tweets on X (formerly Twitter), with a recent one teasing the arrival of an airdrop.
Together, these features have helped it raise over $5.5 million to date.
Crypto YouTubers, like ClayBro, have predicted that PlayDoge will perform well once the full project goes live.
With one PLAY token now available at a discounted price of $0.00517, the race is on to become an early mover on this project.
Investors can find the whitepaper on playdoge.io and participate in its presale directly from the project's website using the OTC widget on the homepage. Also, check out our full review of PlayDoge and its audit results here.
*Cryptonomist did not write the article or test the platform.
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