News

Keep Your Eyes On Big Eyes Coin As It Sets To Supersede Decentraland And Solana In The DeFi System

[ads1]

Keep Your Eyes On Big Eyes Coin As It Sets To Supersede Decentraland And Solana In The DeFi System #Eyes #Big #Eyes #Coin #Sets #Supersede #Decentraland #Solana #DeFi #System Welcome to Eye9ja

The new cryptocurrency surge has resulted in continuing growth in the digital currency sector. Since its inception following the 2008 financial crisis, cryptocurrency’s worth and value have tripled. Since its debut in 2009, Bitcoin, the crypto community’s leader, has influenced a wide range of ideas. These cutting-edge currencies, such as meme coins, are frequently referred to as altcoins to distinguish them from the original, which is Bitcoin. 

Dogecoin (DOGE) is widely recognized as the first meme coin in the cryptocurrency world. Since its introduction to the market, there has been an increase in the number of meme currencies launched. Even though some meme coins have been disregarded as hoaxes and gags, some of them are going to change the way it is done. Unlike Decentraland (MANA) which is also built on the Ethereum blockchain and Solana (SOL) which promises low cost in transactions, Big Eyes Coin (BIG) being a meme coin seeks to improve decentralised exchanges and incurs no cost in transaction activities.

What To Know About Decentraland

Screenshot 20220825 145424 01Keep Your Eyes on Big Eyes Coin As It Sets to Supersede Decentraland and Solana in the DeFi System 5

Decentraland was co-founded by Ariel Meilich and Esteban Ordano, both of whom have stepped down from prominent roles in the project but continue to serve as consultants. Decentraland (MANA) and Decentraland (LAND) are the two tokens used by Decentraland. Decentraland (MANA) is an Ethereum-based (ERC-20) token that needs to be destroyed to obtain non-fungible ERC-721 LAND tokens. Decentraland tokens can also be used to buy avatars, wearables, names, and other items in the Decentraland marketplace. Decentraland (MANA) describes itself as a virtual world community powered by the Ethereum blockchain, where users may develop, experience, and monetize content and applications. Decentraland (MANA) was designed for content creators, enterprises, and individuals seeking a new artistic medium, financial potential, or entertainment option.

Decentraland (LAND) is also one of an increasing number of initiatives that employ a Decentralised Autonomous Organisation (DAO) framework for governance choices. As a result, Decentraland (MANA) token holders have a say in how the Decentraland world operates, including proposing and voting on policy updates, the details of upcoming LAND auctions, and the various content allowed in its Metaverse. Even though Decentraland (LAND) owners are free to utilise their plot to their satisfaction, much of the large Metaverse is grouped into different districts, each with its various size and concept. These districts were created through separate Decentraland (MANA) token crowd sales, and LAND parcels in these districts cannot be exchanged.

Ethereum (ETH) is protected by a huge decentralised system of miners, who collaborate with thousands of nodes to keep the Ethereum blockchain; thus, the Decentraland (MANA) tokens are safe from attack. Ethereum, as one of the most battle-tested blockchains currently in use, has become the most popular network for crypto tokens that do not have their native blockchain. But unlike Decentraland (LAND) Big Eyes Coin (BIG) plans to overcome the Ethereum platform by operating on a platform of its own.

How to Buy the Decentraland (MANA)

The MANA cryptocurrency has high liquidity at the moment and can be purchased, traded, or sold on over 100 different trading platforms. Binance, Coinbase Pro, and OKEx are among the most liquid Decentraland (MANA) token exchanges as of early January 2021.

Is Solana Inferior to Big Eyes Coins?

Screenshot 20220825 145433 01Keep Your Eyes on Big Eyes Coin As It Sets to Supersede Decentraland and Solana in the DeFi System 6

Solana (SOL) is a good-functioning open source platform that capitalises on the effectiveness of blockchain technology to use decentralised finance (DeFi) solutions. While the idea and first work on the project began in 2017, the Solana Organisation with headquarters in Geneva, Switzerland, formally launched Solana in March 2020. The Solana platform is intended to make it easier for crypto analysts to create or use Decentralised Applications (dApps). It intends to improve scalability by combining a Proof-of-History (PoH) consensus with the blockchain’s underlying Proof-of-Stake (PoS) consensus.

Although Solana (SOL) is a good purchase, it still seems quite inferior to other decentralised platforms because it does not seek to work its forum and one of those platforms here to put them out of competition includes the Big Eyes Coin (BIG). The Big Eyes platform’s functionality is based on Ethereum blockchain technology, but it intends to improve its blockchain and possibly create its own in the future. Big Eyes (BIG), through connecting NFTs and cryptocurrencies, has been able to provide its consumers with material and events via its NFTs displayed on the site. Because the project’s community is so important to its development, there are reward mechanisms in place where Big Eyes (BIG) token holders receive incentives based on the number of tokens they own.

The Solana protocol is designed to serve both casual users and enterprise customers. Customers are promised by Solana that they will not be startled by higher fees and taxes. The protocol is meant to have low costs for transactions while still ensuring scalability and quick processing. In comparison to other coins like the Big Eyes Coin (BIG) which promises their customers no charge on transactions, it is already quite certain what will be in favour of the masses.

Solana (SOL) has garnered a lot of attention for its speed and performance, and it has even been tipped as a competitor to Ethereum (ETH) and the dominating smart contract platform. However, the network has been plagued with numerous outages, undermining its pricing and ambitions to become the “Visa of crypto.” Furthermore, its ecosystem is accused of unfair tokenomics that favours venture capital investors. Unlike Solana (SOL), the Big Eyes Coin (BIG) aims to fix all that and also be based on the ERC-20 token, which has a high chance of breaking the barrier and increasing its potential. The Solana Society has announced that 489 million Solana (SOL) tokens would be made available for purchase.

The following is the Solana (SOL) token’s distribution: 16.23% of tokens were committed to an initial seed sale, 12.92% to a founding sale, 12.79% of SOL tokens were dispersed among team members, and 10.46% were given to the Solana Foundation. The remaining tokens have previously been offered for public and private sales or are currently on the market.

Why Will Big Eyes Coin Be A Big Win For Everyone in the Crypto Marketplace?

Big Eyes Coin (BIG) charges no fees or taxes for transactions completed on its platform. Owners and purchasers can enjoy a pleasant experience of executing transactions without fear of fees being charged, from NFT to cryptocurrencies, and right now, there are not a lot of coins that promise this. Big Eyes Coin, with a focus on the sea and ocean, will assist in resolving pollution concerns impacting these places so that cats can feed. Because fish is a staple meal for cats, Big Eyes Coin will donate 1% of its tax revenue from NFTs to this course, demonstrating its commitment to making the world a better place.

With the rising anticipation for NFTs in 2022, Big Eyes has swung into action to capitalise on the opportunity by developing an NFT art contest that would allow customers to engage in platform-organised events. An independent and well-functioning system like this would undoubtedly propel Big Eyes NFTs into the top ten positions on the market, providing Big Eyes Coin (BIG) with further opportunities to expand and increase in the ever-evolving crypto market. Furthermore, tokens for the Big Eyes platform, both physical and digital brands, will be created to raise revenue for the project and its ambitions to combat ocean pollution. Advertisements will be made through this product to advertise the Big Eyes (BIG) tokens as they become available.

Big Eyes Cutenomics

200,000,000,000 tokens have been issued with no taxes associated with their purchase and sale. The ticket’s ticker symbol is BIG. The public will be able to purchase 70% of the tokens. Exchanges will receive 20% of the tokens. 5% of the tokens will be allocated to the marketing wallet (which will be managed by the team and will remain in place to potentially boost the token’s performance on the crypto market). 5% of the tokens will be set aside for charitable purposes. 

These tokens will be made public to community members to further demonstrate the Big Eyes platform’s transparency. 10% of the tax NFTs will be divided as follows for its reward scheme. 4% will go to the original seller of the NFT. 5% will go to the holders of the NFT.

Screenshot 20220825 145440 01Keep Your Eyes on Big Eyes Coin As It Sets to Supersede Decentraland and Solana in the DeFi System 7

How to Get Big Eyes Coin (BIG)

Following the decision to purchase the Big Eyes (BIG) token, the following steps must be taken:

Step 1: Install a MetaMask wallet or a ‘Trust Wallet’ on your PC or mobile device.

Step 2: On your wallet browser, navigate to https://buy.bigeyes.space. Fill out the form on the website precisely with the essential information. Select a payment token that you have already acquired in your wallet.

Step 3: After the pre-sale, the Big Eyes (BIG) tokens you purchased will be transferred to your wallet.

Big Eyes Coin is a well-organised community token with the explicit objective of moving money into the decentralised ecosystem and protecting an important aspect of the global ecology. It competitively seeks to soar higher in the crypto market unlike Decentraland and Solana. You can also find more information here.

Click Here To Continue Reading from Source

[ads2]

Eye Naija

Eye 9ja is a digital news platform, strategically focussed on identifying, bringing into limelight the eluded gists in every news

Related Articles

Back to top button

Adblock Detected

Disable Your Ad-Blocker Please