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  • Big Eyes Coin, Tezos & Decentraland: Blockchain-based Platforms Driving Massive Adoption Of Cryptocurrencies Globally

    Published on September 1, 2022

    Big Eyes Coin is a meme token with a vision to be among the top crypto projects within the next two years. Big Eyes plans to integrate interesting features into its ecosystem to achieve this lofty goal. Thus, the platform has structured its services in a way many existing meme tokens have not done before.

    Several existing meme tokens in the crypto space merely offer humor without providing tangible utility. But for the sustenance of its ecosystem, Big Eyes Coin has included features like DeFi protocols, metaverse, and NFT functionalities. These key features will grant Big Eyes Coin the authority to compete with prominent cryptos in the coinmarket and not only the memecoins.

    In addition to the features above, Big Eyes Coin (BIG) also intends to prevent environmental pollution and stop the careless endangerment of aquatic animals. The team proposes to achieve this by offering donations to charities that support this course with a portion of their profits. Their roadmap specifically stated that 5% of their profits have been earmarked to fulfill this promise.

    The seas and oceans are vital to our ecosystem and contribute immensely to our existence. The primary source of the oxygen supply necessary for healthy living for humans is from these oceans. But unfortunately, we are not paying much attention to it. Therefore, Big Eyes Coin has made it one of the fundamental goals to be achieved with its project.

    Big Eyes Coin (BIG) – Kitty With A Concious

    The native coin of the Big Eyes ecosystem is BIG, which is an ERC-20 token established on the Ethereum blockchain consensus. The team chose Ethereum to house its project due to its facilities that support the expanding needs of users in the crypto world.

    Comparing Big Eyes with its Competitors

    Tezos (XTZ) – Building On Bitcoin’s Security

    Arthur Breitman is the brain behind Tezos to improve on a deficiency of Bitcoin, which is decentralization. The Tezos Blockchain supports the development of decentralized applications (DApps), and the network is potentially seen as a significant competitor to the Ethereum blockchain.

    Some concerns about existing crypto-like tokens that inspired the founder to build Tezos include; a complex mode of implementing Smart Contract, costly transactions through proof-of-work protocol, inability to adapt to blockchain modification, and security deficiency.

    However, Tezos addressed all these issues by adopting a proof-of-stake consensus mechanism. This configuration allows individuals to be among the network validators. However, Tezos rewards loyal validators on its platform and removes dishonest validators’ stakes.

    The native token of the Tezos Network is XTZ. Users that stake 8000 XTZ enjoy the right to participate in the network’s governance protocol through voting.

    Tezos received support from a high-profile French bank, SocieteGenerale, in September 2020. This bank intends to use this token to experiment with the digital currency of its central bank.

    Tezos received further support from coinbase and Binance to reward those that hold XTZ in their wallet. This support improves the value of XTZ in the coin market.

    Decentraland (MANA) – The Metaverse Is Coming

    Decentraland is among the notable virtual reality projects established on the Ethereum blockchain network. Users can acquire parcels of land on Decentraland, navigate through, configure, and monetize them within the metaverse.

    The Decentraland’sgameworld comprises 90,601 plots of LAND in its metaverse. Each parcel of these LAND is represented with an ERC-721 standard NFT. Each plot is precisely 256 square meters with a coordinate attached to it in the metaverse.

    LAND owners monetize their plots with advertising, leasing, and paid experiences. Some users earn income by minting and selling digital assets on the Decentraland marketplace.

    Decentraland deploys two major tokens, which include MANA and LANDS. MANA is an ERC-20 compliant token running on the Ethereum Network.

    The total supply of this token is capped at 2.8 billion MANA. However, LAND auctions that lead to the burning of 600 million MANA have decreased this volume. To also reduce the supply of MANA in supply, the team burns 2.5% of transactions on the Decentraland marketplace.

    The Big Eyes Coin intends to compete with big players in the crypto space by integrating DeFi, NFT, and metaverse into its architecture. This integration will create passive income for its users.

    Presale: https://bigeyes.space/#signup

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