Professional traders think it’s more crucial than ever to acquire some kind of digital asset since global inflation is fast rising as a result of the Covid-19 epidemic. Not to mention that a rising number of international enterprises are incorporating cryptocurrencies into their operations, which has a significant impact on the value of the cryptocurrency market.
Even if conventional assets like stocks and gold have shown to be considerably worse investments than cryptocurrencies, buying them now is much more costly. This is why a lot of individuals who don’t have enormous budgets are often looking for methods to make free cryptocurrency. However, if you are looking for good crypto options to purchase, Big Eyes Coin (BIG), Avalanche (AVAX), and Polygon (MATIC) are your best bet.
Big Eyes Coin (BIG)
Decentralization in the context of cryptography is the transfer of administrative powers or control from a centralized entity, often one user, one person, or one group, to a distributive network. By giving the cryptocurrency a degree of autonomy, it becomes more open and available to the general public. Big Eyes Coin (BIG), which just launched very recently, has collected over $1 million in its presale and is expected to be one of the best-performing presales in 2022.
The project has been getting attention from many parts of the ecosystem, and a community that believes the protocol will be the next top-performing meme currency is emerging swiftly.
Understanding Big Eyes Coin (BIG)
Given the swift success, the creators want to raise $50 million via a presale, with individuals who sign up first enjoying a cheap, set token price. BIG is the native token of the platform. This token will be applied to platform governance and awards. To participate in the network’s governance process, users must be token holders. Additionally, Big Eyes Coin (BIG) will schedule frequent giveaways and awards (BIG tokens and NFTs) for using the site.
There won’t be a purchase or sell tax or transaction fees on the site as part of its attempts to grow its community. Without a doubt, this will boost the platform’s appeal. The meme coin stands out among the many innovations that blockchain technology and cryptocurrencies have brought us. Meme coins are an intriguing byproduct of the cryptocurrency market since they are digital assets that take their personality and value from memes and aim to spread like wildfire.
Why Should You Buy Big Eyes Coin (BIG)?
Memes have great importance in our culture, as seen by the fascinating histories of Dogecoin (DOGE) and Shiba Inu (SHIB), two of the most popular meme currencies now available. Crypto aficionados are becoming concerned for the future of their preferred meme currencies, however, as a result of the recent decline in the values of Dogecoin (DOGE), Shiba Inu (SHIB), and other significant meme coins. Big Eyes Currency, a new meme coin on the market, can demonstrate how well meme currencies may function (BIG).
Big Eyes promotes user involvement in its everyday operations and takes a community-oriented strategy to achieve this goal. Community members will have a critical role in determining its growth trajectory and its vision for development thanks to its approach of rewarding engagement.
Members of the community will often get BIG Tokens and NFTs as rewards. They will also be the first to learn about any significant platform-related news. Users will get additional rewards the more they engage. The platform’s dynamic tax structure, which users may customize to incorporate any fees for services like the auto burn function, liquidity pool acquisition, and activating the marketing wallet, is another feature that deserves praise.
When it comes to advertising the platform and expanding its reach, Big Eyes wants to do everything possible. The meme currency platform will eventually work with social media influencers as its ingenuity and purchase of a liquidity pool help it advance in the headlines. To promote Big Eyes and its features, it will make use of the knowledge of its community. Additionally, users will be able to purchase authorized Big Eyes items and take part in platform fundraising initiatives.
Big Eyes Coin (BIG) is an excellent spot to look into if you’re sick of the more uninteresting tokens on the market and want something new and exciting.
The Matic Network was the initial name of the 2017 invention Polygon (MATIC), which was developed in India. Experienced Ethereum engineers Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic are the brains behind the creation of this cryptocurrency.
The Matic Network launched in 2020 and has drawn some of the biggest names in the decentralized finance (DeFi) sector, including MakerDAO and Decentraland. In February 2021, The Matic Network changed its name to Polygon.
The Polygon team sold 1.9 billion MATIC tokens in its maiden offering in April 2019 for the equivalent of $5.6 million in ETH during a quick 20-day period.
A scaling solution is provided in Polygon, originally known as the Matic Network; and it intends to provide a variety of tools to increase the speed, lower the cost, and simplify transactions on blockchain networks.
The Polygon (MATIC) Network Mechanics
Ethereum, a platform that is home to a variety of decentralized applications (dApps), including those where you may join virtual worlds, play games, and purchase art. The Polygon stack of protocols was created to address the scalability problems of Ethereum. The Polygon network handles transactions on a different, Ethereum-compatible blockchain to solve the network’s problems.
Following post-processing, Polygon sends transactions back to the main Ethereum network. The strain on Ethereum’s network is reduced by this strategy. By doing this, Polygon can accelerate transactions and cut expenses to under a penny. To put it another way, Polygon, previously known as the Matic network, offers a simple foundation for new and current blockchain applications to develop on Ethereum without experiencing scalability problems.
An Ethereum Virtual Machine (EVM) compliant side-chain called the Matic PoS chain is protected by a collection of permissionless Proof of Stake validators and checkpoints that are uploaded to the Ethereum Blockchain.
Token holders who do not wish to operate their validator node may become MATIC delegators. A percentage of the validator’s earnings are returned in exchange for staking tokens delegated to them. Delegators play a crucial role in the MATIC system, selecting the finest validators since income is shared with validators and delegators share the risk. The prospect of being at the very end of enjoying the benefits of these unique features of the coin may interest you.
Avalanche (AVAX) is a layer-1 blockchain platform that enables programmers to create exclusive blockchain networks and decentralized applications. The platform is in opposition to Ethereum. It is scalable and capable of delivering up to 4,500 transactions per second (TPS). The applications that Avalanche may allow include stablecoins, decentralized finance (DeFi) protocols (loan, savings, decentralized trading), and NFTs.
The programming language used by the Ethereum network, Solidity, is compatible with the Smart Contracts platform. This means that Ethereum Network developers—one of the biggest and busiest groups in cryptocurrency—might utilize Avalanche to create unique private or public blockchains as “subnets”.
Avalanche (AVAX), The Blockchain Giant
To advertise its new “Subnet” feature, the Avalanche Foundation has started a $290 million incentive campaign called Multiverse. This Multiverse project is backed by four million AVAX tokens and aims to promote network subnet expansion. While a portion of the gas cost for Ethereum is burnt and a portion is given to miners, the full amount for Avalanche is burned. As of this writing, more than 1 million AVAX, or about $1 billion, have been destroyed, reports tracking website BurnedAvax.
Second, AVAX is utilized in staking, which is the practice of pledging a cryptocurrency—in this instance, AVAX—to take part in the blockchain’s validation process and contribute to its security.
Proof-of-Work (PoW) networks like Bitcoin are secured by validators operating highly effective computers called mining rigs. Instead of maintaining expensive computers, the economic resource needed to be granted the ability to verify is locking up crypto assets for proof-of-stake networks like Avalanche. Users may operate their validator nodes and get AVAX payouts by staking at least 2,000 AVAX. Fewer AVAX holders may join staking pools and pool their resources with those of other holders on the network to form a single validator.
AVAX is a speculative, volatile cryptocurrency asset that investors may acquire and sell in the hopes of profiting, just like all other cryptocurrencies available on the market. The programming language used by the Ethereum network, Solidity, is compatible with the Smart Contracts platform. This means that Ethereum Network developers—one of the biggest and busiest groups in cryptocurrency—might utilize Avalanche to create unique private or public blockchains as “subnets”
The Avalanche Multiverse project is funded by four million AVAX tokens and aims to promote network subnet expansion. The Avalanche Foundation also focuses on non-fungible currency, DeFi applications, and blockchain-based gaming. The blockchain-based game Defi Kingdoms with AVAX will be the first to use this technology. The game’s activities as well as a new crystal currency will be moved to the app chain subnet as a result. AVAX will also get incentives of up to $15 million as part of the project.
Big Eyes Coin (BIG);
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