Cryptocurrency is a diverse industry. Today, it consists of more than 20,000 projects. Each of them comprises a unique community and equips unique technologies. The industry gained popularity due to the benefits it offers to its users. One of the advantages of crypto is that it offers easy and straightforward ways of earning passive income. Big Eyes (BIG), the new token launched just a week ago and already raising millions, will also work on improving its profitability over time.
Has crypto always been profitable? Well, somewhat. As you know, cryptocurrencies are highly volatile. They fluctuate over time, according to the demand and supply forces of the market. Thus, the crypto world has its highs and lows. And this is the reason why crypto enthusiasts are intrigued and focused on staying updated on the crypto tokens they chose to believe in.
However, the cryptocurrency market has the potential to expand more and become even more profitable. Over the years, many projects like Avalanche (AVAX), Litecoin (LTC), and Cronos (CRO) for example, have grown significantly. They started from scratch but today, they rest steadily in the top 30 crypto tokens list – according to the CoinMarketCap.
Big Eyes (BIG) is a meme coin project that aims to make its place in the top-ranking crypto tokens of the market. Let’s explore the ground for its launch and learn about its features. Simultaneously, we’ll compare it with two existing tokens, VeChain (VET) and Quant (QNT), to analyze its potential.
What is VeChain (VET)?
VeChain (VET) is a decentralised project founded in 2015. It was initiated by Sunny Lu, the former chief information officer of Louis Vuitton China. Initially, VET was deployed on the Ethereum blockchain. But when VeChain (VET) introduced its own blockchain network, the VET token shifted there. The team behind VET believes in cutting down the barrier for accessing advanced technologies. By incorporating new features, the project creates value and aims to solve economic problems.
The VeChain network works toward enhancing the supply chain. It improves the business processes through the use of decentralised ledger technology. Here, companies can store their data without worrying about external invasions. This feature doesn’t allow users to alter the information entered in the database. Thus, it secures the data and manages it accordingly.
Apart from this, the team uses a unique consensus mechanism. The network uses Proof of Authority (PoA) to validate transactions. The PoA is different from Proof of Stake (PoS) and Proof of Work (PoW) mechanisms. Here, users don’t have to stake their tokens. Instead, they use their reputation to create new blocks.
It is an efficient model that also improves the scalability of transactions. It is an eco-friendly mechanism as it requires fewer resources than other protocols. The network forms a coalition with smart contracts. These are programmable contracts that are built to be self-executing. Through this addition, users don’t need third-party involvement in confirming the trade. Plus, businesses can use smart contracts to track their goods, data, and other information.
What makes Quant (QNT) different from other projects?
Quant (QNT) is another blockchain-based token. The Quant network was initiated in 2015 by Gilbert Verdian. With time, the platform introduced QNT tokens in the crypto market. The developing team recognised the lack of seamless communication between two or more decentralized ledgers. Thus, it introduced the “Overledger technology.” Through this advancement, the network uses multi-ledger applications to facilitate users. Blockchains like Ripple, Ethereum, and Bitcoin connect through this feature.
The network helps the users get involved in decentralised finance (DeFi) which is often a great alternative solution to centralised institutes which offer less transparency and a minor guaranteed security. Through DeFi, users can get a chance to raise capital with a minimum initial contribution. Also, it enables them to experience DeFi tools like liquidity pools. The Quant (QNT) ecosystem has a strong foundation. It collaborates with financial institutions, enterprises, and other giant groups. The network empowers them to harness blockchain technology.
What is Big Eyes Coin (BIG)?
Big Eyes (BIG) is a new meme token, which has just launched on the market. It is a community-friendly token project that depends on user interaction. The network follows the path of two top-ranking meme tokens Shiba Inu (SHIB) and Dogecoin (DOGE) to create something even greater. Just like its dog-breed coin counterpart, Big Eyes Coin aims to reach the top 15 tokens list on CoinMarketCap.
One fundamental thing that makes the Big Eyes Coin network different from the mentioned tokens is the token’s face. The BIG cryptocurrency is based on a cute cat breed, while SHIB and DOGE coins are based on the Japanese Shiba dog breed. The crypto market has experienced an era of successful meme token projects with dogs in the limelight. The Big Eyes Coin (BIG) aims at bringing a revolution to the digital asset industry while providing a cuter perspective to meme tokens.
Core features that add value to this upcoming Meme Token
Apart from being cute, the team will use the following features to add value to the new project:
- The team will utilise the decentralised finance (DeFi) protocol. Through this, the users will have room to explore different opportunities in order to raise capital.
- The Big Eyes (BIG) platform will enhance its ecosystem by incorporating non-fungible tokens (NFTs). The community members will have the opportunity to participate in upcoming NFT projects and earn rewards.
- The ecosystem is a tax-free network. People don’t have to worry about extra charges for swapping tokens.
- Just like Dogecoin and Shiba Inu, the Big Eyes Coin (BIG) network depends on community members too. To protect users’ rights and give them extra benefits, the team will empower the community by affording its member voting rights. They can decide on what to do with the NFTs profit by voting in polls and more.
BIG is the native token of the upcoming meme project. Its total supply will be 200,000,000,000 BIG tokens. Out of these, 70% will be allocated to the public presale. 20% will be provided to the crypto exchanges so that the users could buy the tokens from various platforms. 5% will be allocated for marketing and publicity. The remaining 5% will be spent on saving oceans, the Big Eyes Coin charity of choice.
Roadmap of the BIG Token
According to the white paper, the developing team has designed a thorough roadmap for a clear plan of action. The plan consists of 4 stages, which are as follows:
Stage I – Crouch
After the audit of tokens, the team will launch the website. Along with this, the presale will go live. Users will get a chance to raise capital in the presale stages. By the end of the first stage, the network aims to gather 15,000 Telegram members. In just one week, Big Eyes Coin has already managed to attract over a 1,000 members to join its thriving and diverse community, managing to raise almost 1 Million dollars!
Stage II – Leap
The team will expand the BIG token’s access by launching it on the Uniswap platform. The network will hold the first charity donation event. It will also market the coin through influencers and social media platforms so that it can attract an even bigger following. Along with this, the shop will go live, selling cool and unique merch designed by talented artists.
Stage III – Run
The plan will proceed with the release of NFTs. The team will make the second donation in the history of Big Eyes Network. By the end of this phase, the network envisions gaining 50,000 Telegram members alongside expanding its token holders community.
Stage IV – Catwalk
In the last stage, the team will plan community events to unite users. The team will add more swaps and bridge new blockchains. Throughout the process, the NFTs will evolve and become more interactive than before. By this point, the network will have donated $1 Million to charity.
Big Eyes Coin (BIG) is an upcoming meme coin that aims to bring a positive change in the crypto world. It is a community-based cryptocurrency that solely depends on user interactions and creativity. It will help users to unleash their creativity when participating in the ecosystem. The team will use DeFi tools like liquidity pools and NFTs to promote the use of crypto assets. These features will add value to the network and address user needs. According to the white paper, the team will also donate 5% of the token’s maximum supply for protecting marine life in oceans.