It is one thing for a cryptocurrency to be eco-friendly and another to be a meme token that is different from most meme tokens available today. Casting a perspective on both, the upcoming meme token, Big Eyes Coin (BIG), is betting on eco-friendliness and functionality outside the meme coin sector as part of its business strategy.
Also, Solana and Chiliz remain some of the strongest forces to reckon with in the cryptocurrency market, attracting the attention of most crypto enthusiasts. Both tokens demonstrate several strengths that make them rank among the best long-term crypto investments in 2022.
As Big Eyes Coin gears up for its launch into the cryptocurrency market, crypto enthusiasts would like to know whether it has the features and strengths necessary to attract their attention.
In this article, we will discuss Big Eyes Coin (BIG) in detail to show readers why the eco-friendly token is different from most meme tokens and will attract attention like Solana (SOL) and Chiliz (CHZ).
Solana (SOL): Top Crypto For Guaranteed Gains in 2022
Solana (SOL) is one of the most significant cryptocurrencies in the cryptocurrency market. It currently ranks 9th on the list of biggest cryptos by market capitalization, according to CoinMarketCap.
Solana (SOL) is the native crypto token for the Solana blockchain network—one of the fastest, most-scalable blockchains available today in the crypto space. This factor makes Solana significant for several reasons, including it being the fuel powering the fastest growing crypto ecosystem, with thousands of projects spanning DeFi, NFTs, Web3, and more.
Solana facilitates dApps creation within the ecosystem. It also helps to improve blockchain scalability, thanks to its hybrid proof-of-history (PoH) and proof-of-stake (PoS) mechanisms.
As an ecosystem, the Solana network has several advantages over many competing blockchains in the crypto space. The blockchain’s high scalability ensures developers worry less about scaling once they integrate their projects within the ecosystem.
The Solana blockchain ensures composability between ecosystem projects. It maintains a single global state as the network scales, meaning users do not have to deal with fragmented Layer 2 systems or sharded chains.
Solana’s (SOL) blockchain is highly cost-effective, ensuring transactions remain less than $0.01 for everyone within the ecosystem. Also, Solana (SOL) is built for speed, with speeds of around 400 milliseconds block times, making it a choice option for those who prioritize speed.
Another amazing thing about Solana that makes it stand out is the revolution it is bringing to the financial sector. Anyone can use Solana (SOL) to make real-time, low-cost, and secure decentralized payments. Businesses spread across the globe can receive digital or in-person payments for goods and services using Solana.
Therefore, Solana (SOL) makes it possible to transact effectively and cost-efficiently by curbing financial services’ high costs and complexities.
Solana (SOL) offers users several investment opportunities with guaranteed gains. Adding to users’ ability to sell, trade, and exchange Solana for other crypto assets or fiat money, Solana allows users with a long-term focus to participate in staking. By helping to validate its network, Solana (SOL) holders can earn bumper rewards according to their stake.
Solana currently guarantees payouts of around 8% annual percentage yield (APY) on staked coins. Each validator may take a small charge (typically 0-10%). By locking up Solana (SOL) instead of keeping them in a wallet, users may earn 7.2% to 8% of the total lockup annually.
Launched in October 2018, Chiliz (CHZ) is a leading cryptocurrency developed for sports and entertainment. It is the native crypto token for Chiliz, a blockchain fintech provider that creates fan tokens for sports teams and provides blockchain-based technologies for fan engagement and monetization.
Chiliz is gaining the attention of crypto enthusiasts because it offers alternative payment options for conventional products and increases fan interaction in entertainment.
Chiliz (CHZ) powers the blockchain-based sports entertainment platform Socio.com. The fan engagement platform enables users to participate in the governance of their favorite sports brands. It also allows users to purchase branded ‘Fan Tokens’ from some of the most renowned global sports teams, including Paris Saint-Germain, FC Barcelona, Juventus, and more.
Chiliz gives users access to Fan Tokens, allowing them to own a stake in their favorite clubs. Fan Tokens purchased on Socios.com allow users to participate in voting to influence their favorite teams’ decisions, including deciding team lineups in exhibition games to new jersey designs.
Users execute on-platform voting as a series of smart contracts running through the Chiliz blockchain. With fan tokens, users stand to gain engagement-based team rewards and recognition.
Chiliz (CHZ) currently ranks 40th by market capitalization on CoinMarketCap, up twenty-two places from early July 2022. It offers users good money-making opportunities, thanks to its garnering global attention. Crypto experts predict its price to surpass its all-time high by 2023, making it one cryptocurrency to buy now in the cryptocurrency market.
Big Eyes (BIG): Eco-friendly Meme Token With More to Offer
Big Eyes Coin (BIG) is an Ethereum-based meme token that prioritizes ocean ecosystem preservation and income transfer into the DeFi ecosystem. This feature makes it a meme token with a difference from most meme tokens that exist for the fun they drive among users.
The community-driven DeFi project Big Eyes Coin seeks to create a blockchain environment that guarantees monetary value for users via NFTs. However, the token’s plans to enter the NFT market, adding to the fact that it builds upon the Ethereum network, are already raising eyebrows about its commitment to the well-being of the ecosystem.
NFTs and blockchains like the Ethereum (ETH) network have been criticized heavily for their lack of eco-friendliness. Many cryptocurrencies worry environmentalists for some reasons, including the computer processing power required to mine them.
Most crypto-mining processes use non-renewable energy sources that emit carbon. They also make use of high-powered computers that consume huge amounts of electricity. The same applies to NFTs, which use blockchain technology to claim proof of ownership of valuables like virtual property and digital artwork.
Lots of NFTs run on the Ethereum network—a blockchain that generates lots of energy—while their generation consumes lots of power. According to a study, selling a piece of NFT on the Ethereum network has a carbon footprint similar to a one-hour flight.
Big Eyes (BIG) may seem to be another eco-unfriendly crypto project. However, its launch will occur simultaneously or after next month’s Ethereum 2.0 upgrade. According to current estimates, Ethereum (ETH) 2.0’s switch to a PoS will reduce its energy consumption by 99.95%.
The upgrade will make Ethereum more eco-friendly and environmentally sustainable, meaning Big Eyes (BIG), including its NFT projects, will inherit its new PoS mechanism. When this happens, Big Eyes (BIG) could potentially rival and outperform leading meme tokens like Dogecoin (DOGE), which uses a slower and more energy-consuming PoW mechanism.
According to the whitepaper, Big Eyes Coin will have a total cap of 200 billion tokens, with plans to sell 70% of this number during the public pre-sale. The community-driven platform will reserve 20% of the total supply for exchanges, while 5% will go to charity and 5% to a marketing wallet.
NFTs sold on the platform will incur a 10% tax. The original seller will earn 4% of the proceeds. 5% will go to token holders and 1% to charity.
Also, there will be no buy tax, sell tax, or fees associated with Big Eyes Coin since 90% of its total supply will be available at launch.
Buy Now: How to Buy Big Eyes (BIG)
Big Eyes Coin is currently on pre-sale and has a straightforward buying process, meaning it is easier for crypto enthusiasts to get their hands on the tokens in the pre-sale.
Anyone can buy directly using their credit card or crypto wallet using USDT or Ethereum. Those who buy during the pre-sale can claim their purchased Big Eyes using a claim page which will be available after the public pre-sale ends.
Solana (SOL) continues to demonstrate why it is one cryptocurrency to buy now and is worth all the attention it is getting. Like Solana, Chiliz is also contributing positively to blockchain and cryptocurrency evolution while adding value to two great aspects of human life: finance and sports.
With the Big Eyes launch about to take place soon, the meme token has all it takes to captivate the hearts and minds of crypto enthusiasts. Its plan for launching within the same period as Ethereum 2.0 upgrades and venturing into the NFT sector will undoubtedly boost its performance. It will also drive its popularity and adoption once it enters the cryptocurrency market.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any presale.
Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!