The crypto arena has seen a lot of projects, all in different categories. These projects have separate mission statements that give them some sort of identity, space and provide them with the subject of real-world utility. Of all the projects on the market, the meme currency category has exploded onto the scene with so much momentum and energy.
Despite criticisms and bashes that dubbed the category a bubble waiting to burst, meme tokens have repeatedly rewarded their shareholders with massive returns, with Dogecoin (DOGE) setting the bar very high, just like Big Eyes (BIG) plans to do.
The cryptocurrency community’s initial reception of meme coins was as worthless novelty items. The story, however, reads very differently now than it did back then. The market for trading meme coins has become immensely profitable, and as a result, many developers are racing to enter this new and exciting area of cryptocurrency.
Many memecoins have now branched off to providing some utility to keep their projects alive and up-to-date and ultimately improve the collective community. Some have delved into the space of tech, virtual reality, and the metaverse and others like the Big Eyes (BIG) have found their true purpose in diverting the bulk of wealth into the DeFi ecosystem as well as put measures in place to save the earth by building sanctuaries and empowering sea-life conservation organisations to protect the hydrosphere.
There’s a lot to look forward to with meme currencies. Let’s look at how the new memecoin plans to take over the crypto space.
What are Big Eyes (BIG)?
Big Eyes Coin is a fully functional community coin designed explicitly to disperse resources into the DeFi economic system and protect an essential component of the global ecology. Community tokens result in a significant amount of new revenue for local nonprofit organisations, in this case, NGOs, after the health of the world’s ecosystem.
Big Eyes Coin (BIG), on the other hand, aims to make a more significant contribution by creating an ecosystem on the blockchain capable of self-propagating and growing exponentially through the utilisation of non-fungible tokens (NFTs). This will enable users to obtain access to additional content and occasions. Big Eyes Coin (BIG) was developed for more than only the purpose of providing entertainment or creating viral content; it also has to protect the seas and advise humanity on how to conserve them.
Big Eyes (BIG) intends to construct its identity by utilising the influencer market. It has a lot of potential to be embraced by influential people and big-name personalities worldwide because of this token’s character and its powerful marketing and branding team.
Why Should You Buy Big Eyes (BIG)?
Big Eyes (BIG) appears to have learned from the experience of Dogecoin (DOGE) to produce a distinctively well-balanced product. In essence, the initiative’s goal is to unite the community around a single charitable endeavour while simultaneously having a use case applicable to the industry. Let’s begin with the practical aspect first. Big Eyes (BIG), much like ApeCoin, intends to create a larger ecosystem surrounding the project, including anything from DeFi services to an NFT marketplace.
Despite the recent downward trend in the market, decentralised exchanges and non-fungible tokens are likely to get back on their feet very soon. As a result, trading your favourite NFTs for BIG, the project’s native currency might be a highly profitable endeavour.
In terms of the role that the band plays within the community, Big Eyes has built its supporter base on the principle of preserving the natural world. Nevertheless, in contrast to the practices of many businesses in the past, which consisted of making bogus promises, the initiative in question has a highly open approach outlined in its White Paper. For instance, 5% of the total quantity of tokens will be kept in a charity wallet dedicated explicitly to preserving aquatic life in oceans.
In addition, the owners of BIG tokens will vote on which charitable organisation should get the previously indicated 1% of the proceeds from the resale of NFTs. Big Eyes (BIG) plans to get top ranking amongst its canine counterparts like the Dogecoin (DOGE).
Big Eyes (BIG) Tokenomics
Big Eyes (BIG) has taken the anti-inflationary approach and designated a limited number of tokens for distribution.
The native token for Big Eyes is called BIG. There will be a supply of a total of 200,000,000,000,000 of this token.
- The presale will allow the general public to purchase up to 70% of the available tokens.
- Exchanges will take up 20% of the total budget.
- The token quantity will be reduced by 5% so that more can be used for marketing.
- The remaining 5% will be donated to a nonprofit that works to protect oceans, and the administration of this donation will be open to public scrutiny.
In addition, the platform asserts that there will be no fees or taxes associated with the purchase or sale of this token. However, the NFTs will be subject to a tax of 10%. This tax will be distributed as follows: 4% will go to the actual seller, 5% will go to the holders, and the remaining 1% will be donated to charity.
Dogecoin (DOGE) in comparison to Big Eyes (BIG)
The Dogecoin (DOGE) community is not as dominant as it once was; however, those early memes and caricatures have helped the currency remain in or close to the top ten cryptocurrencies. While engineers were pouring their passion, effort, and emotions into ground-breaking technologies such as Ethereum, Dogecoin (DOGE) was merely coasting along, scarcely altering its system, and riding the wave of good vibes.
And it did the trick! This makes it all the more psychologically challenging to watch something like the value of other canine variations like the Shiba Inu (SHIB) soar over the past several months due to their popularity. But, there’s only so far hype and great marketing can do if there’s no real value provided. Big eyes (BIG) sees this and has taken lessons and cues from the actions that have led to the success and mistakes that its meme predecessors had encountered on their journey.
Big Eyes (BIG) is providing utility, getting involved in real-world problems and offering solutions, building a community of high-minded individuals and creating its blockchain network, shying away from being a subsidiary of other blockchains.
The market has been saturated with dog-themed memecoins, all claiming to be the next DOGE or SHIB sensation and failing at it. Several of them are short-sighted in their approach and have not considered playing a similar yet dissimilar route to these meme giants like Big Eyes (BIG). By declaring its stance in the industry, BIG leads with an anime-esque feline-themed mascot that doesn’t just set it apart but also draws the attention of a large market population by endearing to the Japanese entertainment industry.
With this token, there’s so much to look forward to, and we’ll be here for it all, from the coup d’etat unseating of the meme dog king to the rising of a new dispensation with the big cute eyes of a majestic royal cat.
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