Memecoins have a reputation for being first-time wonders, as most projects lose their founding communities shortly after launch. They are characterized by their lack of sustainability, often due to poorly defined goals. However, Big Eyes (BIG) seems to be bucking the trend as its developers aim to make it a top contender in the cryptocurrency market. Here we have put together a brief overview of how it compares to existing NFT-based tokens such as Polygon (MATIC) and Decentraland (MANA).
Polygon (MATIC) The problem solver
Polygon, formerly known as MATIC, is a blockchain designed to solve Ethereum’s scaling problems. Because the Ethereum (ETH) network operated a proof-of-work protocol, smart contract verification was slower than competing blockchains. That’s why Polygon was developed.
Polygon (MATIC) helps reduce the user load and activity on the Ethereum blockchain to allow it to execute transactions more efficiently. Polygon is an example of a side blockchain that serves as a workaround for users who find it difficult to trade on the Ethereum network due to the slow speed. Such users move their assets to the Polygon network via a bridge, allowing them to convert their MATIC tokens to ETH.
The Polygon Network’s development is instrumental in receiving payments for NFTs. Rather than using ETH, most NFT market platforms allow payments in the form of MATIC. MATIC is selling for $0.78 on Coinbase, down 0.43% from last week’s prices.
Decentraland (MANA) The Leading Platform
Decentraland (MANA) is a leading platform in the Metaverse space, where it is a virtual world for people to engage in peaceful activities and businesses. The virtual world creates an immersive experience as it is a shared Metaverse where people can interact with each other.
Each user acquires LAND, a token that represents the space on which the user begins their experience. After the acquisition, they match the LAND with other NFTs, either created by them or obtained from other people. Decentraland (MANA) allows each user to explore the Metaverse and interact with other users anywhere in space.
Decentraland typically uses many NFTs, all of which are traded and exchanged using the platform’s native token, MANA. MANA is based on the Ethereum blockchain and is used for operations in Decentraland (MANA). CoinMarketCap lists the token at $0.68. The value is due to the effects of the crypto crash.
Big Eyes (BIG) The New Meme Coin
As we said initially, Big Eyes (BIG) is not your typical memecoin. Its pre-sale has brought in more than $3 million, and it’s barely going any further. It’s more than just a pretty cat, and the project’s standout features only hint at that.
The developers aim to get the Big Eyes NFT project to a top 10 finish. Unlike many meme coins, Big Eyes (BIG) will include NFT creation, exchange and sales on the platform. The roadmap indicates that a minor release will take place in its current pre-launch phase, phase two, while phase three will usher in a full club launch. The NFT Club will be useful in trading with other networks using the BIG token as an intermediate exchange currency. This will further increase BIG’s cryptocurrency price.
Likewise, the developers are working to list the token on popular exchange platforms. Users expect a launch on UNISWAP very soon, and other platforms will soon follow. Listing the token on the DEXs will help increase BIG’s value and get more user traffic on the platform.
And what’s a meme character without its social media tricks? Big Eyes (BIG) developers will maintain an active presence on various social media platforms to keep the coin relevant. For example, an ongoing token giveaway contest is open to all presale buyers, where ten winners can share 250,000 HUGE tokens. The winners will be announced by December 2022, after the draw closes.
The Big Eyes (BIG) presale is on and in phase two already. Hurry up to buy your tokens now before their prices increase.
Big Eyes Coin (BIG)