Although new to the crypto market, Big Eyes Coin (BIG) has raised over $1 million in its presale. The fact that this cryptocurrency possesses this accomplishment proves that it can be a profitable prospect for crypto users and enthusiasts alongside old cryptocurrencies like Polkadot (DOT) and TRON (TRX).
Kings of Crypto: Polkadot (DOT) and TRON (TRX)
Known as one of the few metaprotocols in the Crypto world, Polkadot (DOT) is an open-source layer 0 multi-chain network that was developed to provide a foundation for Web 3.0-related features and services, including but not limited to decentralized applications (dApps), decentralized exchanges (DEXs), and non-fungible tokens (NFTs).
Developed by the Tron Foundation in 2017, TRON (TRX) is an open-source, decentralized operating system whose native token, Tronix (symbolized as TRX), was originally built on the Ethereum (ETH) blockchain before moving to its blockchain in 2018. The TRON (TRX) network was created to serve as a medium for content creators and developers to create decentralized applications (dApps) and other decentralized services.
Understanding Polkadot (DOT)
Created by Ethereum’s (ETH) co-founder Gavin Wood, The Polkadot (DOT) protocol possesses a foundation that its users control to create several decentralized services on the network. This foundation is made up of several components, which include:
- Parachains: These are independent network chains that can possess their tokens and be utilized for various use cases.
- Relay Chain: Regarded as the heart of Polkadot, this chain enables the creation of consensus, shared security, and interoperability across the Polkadot (DOT) network and the network of other chains.
- Parathreads: Although similar to Parachains, Parathreads have more flexible connectivity built on an economical pay-as-you-go (PAYG) mechanism.
- Bridges: These enable the connection and communication between Parachains and parathreads and other Blockchain networks such as Ethereum (ETH).
Secured by the nominated Proof-of-Stake (nPoS) consensus mechanism, DOT is the native utility token of the Polkadot protocol. The DOT token serves various functions, including enabling network governance and staking. Although the token experienced a loss during Q2 of 2022, DOT is recovering as it has now made its way to the list of top 10 cryptos in the current market, even overtaking big cryptos like Dogecoin (DOGE).
The TRON (TRX) Network’s Principles
The TRON (TRX) network is decentralized, meaning that any centralized authority or third-party entity does not influence the data hosted on it. The network supports the creation of decentralized services such as decentralized applications (dApps) and decentralized games; and content uploading content by content creators and developers.
The architecture of the TRON (TRX) network, which allows the smooth performance and operation of the network, is divided into three layers:
- The Core Layer: In this layer, instructions written in two programming languages–Java and Solidity are processed and sent to the Tron Virtual Machine (TVM).
- The Application Layer: This layer features the utilization of the TRX token by developers to create decentralized applications (dApps) and wallets.
- The Storage Layer: The purpose of this layer is to securely store data from the network, network history, and blockchain state.
The TRX token, which has a total maximum supply of over 100 billion tokens, is secured by the Proof-of-Stake (PoS) consensus mechanism. Of the total supply of TRX tokens, only 71.6 billion are in circulation.
Introducing Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is a community-led decentralized meme coin that uses an irresistibly cute cat as its symbol. Although new to the cryptocurrency scene, Big Eyes Coin’s sole mission is to shift wealth into the decentralized finance (DeFi) ecosystem and protect an important part of the world’s financial ecosystem.
What is the Idea Behind Big Eyes Coin (BIG)?
Like other community-led cryptocurrencies, Big Eyes Coin (BIG) will allow its community members to make decisions concerning the growth and development of its ecosystem. One distinguishing feature associated with Big Eyes Coin (BIG) that is not common to other community-led cryptos is that Big Eyes Coin (BIG) aims to give back to its community by building a blockchain ecosystem that self-propagates for hypergrowth by utilizing non-fungible tokens (NFTs) to grant its members access to more content and events that make the blockchain hype-ship well worth boarding.
Big Eyes Coin (BIG) also intends to take community care a step further by employing a “no buy tax, no sell tax” policy and a dynamic tax system. This dynamic tax system was developed to put those who purchase Big Eyes Coin (BIG) first. This system will allow changes to the conventional tax system in the cryptocurrency industry by including fees for Auto Burn functions, liquidity provider (LP) acquisition, and the Marketing Wallet.
The Marketing wallet feature of the dynamic tax system will have 5% of the total supply of the meme coin allocated to it. This supply will be utilized by the Big Eyes marketing team to help the Big Eyes Coin (BIG) to stay relevant in the cryptocurrency industry.
Why Should You Buy Big Eyes Coin (BIG)?
Big Eyes, the Japanese-oriented cat symbol of the Big Eyes Coin (BIG) ecosystem, is very passionate about sushi and business and intends to take over the world of cryptocurrencies by generating wealth for its users and holders by providing a variety of services such as the Big Eyes Swap, Big Eyes Merch, and the Big Eyes NFT Sushi Crew.
The Big Eyes Swap is the official exchange platform of the Big Eyes ecosystem. Users can swap the Big Eyes token for other tokens, making decentralized finance (DeFi) accessible to more individuals worldwide. The Big Eyes Merch will be a store with digital and physical branches where merchandise related to the Big Eyes ecosystem will be sold. This is used to expand the Big Eyes Token and fundraise for the project and the oceans. The Big Eyes NFT Sushi Crew is a club for NFT holders in the Big Eyes Coin ecosystem. The Big Eyes team intends to use its NFTs to participate in and win NFT beauty contests.
Cuteomics
The tokenomics of the Big Eyes Coin (BIG) is called Cuteomics. The BIG token is the main utility and governance token that powers the Big Eyes Coin (BIG) ecosystem.
According to Cuteomics, there will be a total token supply of 200 billion tokens, of which 70% (140 billion) will be offered up for sale during the token’s public presale, 20% (40 billion) will be allocated for the listing of the token on various exchanges—Centralized and Decentralized, 5% will be allocated to the Big Eyes Coin (BIG) Marketing wallet for the marketing of the BIG eyes token and the remaining 5% will be donated to various charitable organizations around the world.
Due to the dynamic tax system utilized by the ecosystem, The Big Eyes NFTs will have a total of 10% tax which will be allocated as follows:
- 4% will be distributed to the original seller of the non-fungible token (NFT).
- 5% will be distributed to holders of the non-fungible tokens (NFTs).
- 1% will be donated to charity.
How To Sign Up for The Big Eyes Coin (BIG)
According to the information on its website, the Big Eyes Coin (BIG) will be launched soon. The process of signing up for the launch is very easy. You must visit the Big Eyes website and enter your first name, last name, and email address. After entering your personal information, you must indicate that you agree with the Big Eyes terms and conditions and submit.
If you are looking for a potentially profitable cryptocurrency to purchase, Big Eyes Coin (BIG) is a good option, as it is already dominating the crypto-verse and the world’s financial market at large.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
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