NFTs have gained immense popularity since the introduction of the Bored Ape Yacht Club (BAYC) collection by Yuga Labs. Since then, NFT adoption has grown, with different blockchains offering an NFT marketplace where you can buy your beloved NFTs.
Ethereum (ETH) and BNB (BNB) host recognized NFT marketplaces that have served their users well over the years. However, only one can be the best NFT blockchain! Additionally, Big Eyes Coin (BIG) continued its dominance through its presale, which raised $7 million at the time of writing.
Big eyes are on the rise
Big Eyes Coin has attracted a lot of attention since its inception. The new platform offers its users a variety of services from which they can earn and store tokens. Big Eyes Coin has adopted a unique zero tax policy on shopping so you can save more of your BIG Tokens!
The Big Eyes Coin platform is built on the Ethereum blockchain and uses its newly updated Proof-of-Stake consensus to increase its transaction speed while reducing its environmental impact. Big Eyes Coin will donate 5% of its tokens to ocean conservation efforts to protect a crucial part of our ecosystem and showcase its commitment to sustainability.
NFTs will become a major part of the Big Eyes Coin ecosystem when they launch at phase three of the roadmap. Big Eyes Coin is moving away from NFTs as something to watch. Instead, Big Eyes Coin brings utility to NFTs and uses them as keys to access exclusive events and clubs!
Ethereum Merge helps NFT transactions
Now that Ethereum is a Proof-of-Stake platform, users can take advantage of its fast transaction speeds that can reach up to 100,000 per second at its peak. Those concerned about the environmental impact of Ethereum can put their minds at ease. With the new update, Ethereum reduced its carbon footprint by 99%.
Ethereum hosts the most popular NFT market in the blockchain industry, OpenSea. As the merger increased transaction speeds, OpenSea users will enjoy increased speeds with potentially lower fees.
Ethereum is praised for its security. OpenSea has industry standard security features that allow users to rest easy knowing their assets are safe. BNB was recently hacked for $570 million, demonstrating Ethereum’s dominance in security.
Can BNB recover after the hack?
As mentioned above, BNB was recently hacked for $570 million in BNB tokens. This hack is seen as one of the biggest hacks in crypto history, exposing vulnerabilities in blockchain technology. However, the BNB blockchain is now back up and running, showing its ability to quickly recover from a hack.
One advantage the BNB NFT market has over other marketplaces is its low transaction fees. BNB charges a set fee of 1% on each transaction, which is significantly lower than several major NFT marketplaces.
BNB knows that there is a growing population of people trying to get into cryptocurrency. To make it easier for them, BNB has made the NFT market easy to access and use. BNB also offers educational resources that teach users about the blockchain industry.
Ethereum and BNB both offer incredible NFT marketplaces that are easily accessible. Now NFTs are becoming more and more popular, each blockchain is trying to add a unique twist so that their NFT market stands out. Currently, Ethereum hosts the best NFT blockchain, but BNB may change that in the future.
Additionally, Big Eyes Coin continued its successful run through its presale. The new platform could compete with Ethereum and BNB in the future as it looks to shift wealth into the DeFi ecosystem. Big Eyes Coin is currently in presale and offers a bonus to those who buy BIG tokens with the ‘BIGSAVE22’ code.
For more information about Big Eyes Coin (BIG), please visit the following links:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.