Big Eyes, StepN, and Solana: Sustainable NFT Projects For Cryptocurrency Traders – CoinCheckup Blog
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Big Eyes (BIG), StepN (GMT) and Solana (SOL) are revolutionizing the NFT space with significant achievements in the cryptocurrency market.
Non-Fungible Tokens (NFTs) are blockchain-based records linked to a collectible physical or digital asset.
NFTs could help eliminate intermediaries, create new markets and simplify transactions, leading to market efficiency.
Unlike modern financial systems, NFTs are a revolutionary future for physical assets. So let’s take a look at some of the big sustainable NFT projects that are at the forefront of the coin market.
Solana (SOL) is a cryptocurrency built on the web3 blockchain that uses a combination of Proof of Stake (PoS) and Proof of History (PoH) algorithms.
The Solana (SOL) ecosystem supports smart contracts that determine ownership and access to digital assets. This in turn provides a better way to strike NFTs through its cheap and faster platform.
As the original token of the blockchain, SOL is used to mint and trade NFT assets. It also facilitates peer-to-peer transactions in Solana’s ecosystem.
At the time of writing, Solana (SOL) has a market capitalization of $11.35 billion on CoinCheckup, ranking it among the top NFT cryptocurrencies on the coin market.
Crypto traders and new users can buy Solana (SOL) tokens from exchanges such as Coinbase, Binance and FTX.
StepN (GMT) is the first Move to Earn (M2E) NFT project based on the Solana (SOL) blockchain.
StepN encourages its users to restore a healthy lifestyle by purchasing NFT sneakers and participating in outdoor activities such as jogging, walking or running to earn in-game GST tokens.
The StepN ecosystem has two tokens – Green Satoski Token (GST), an in-game utility token, and Green Metaverse Token (GMT), an administrative token.
StepN users can use the GST token to buy, sell, lease or rent NFT sneakers on the market, while GMT is the platform’s administrative token and can be used to upgrade NFT sneakers to a new level of play. GMT tokens can also be exchanged for USDC (this is only for high-end sneaker owners).
At the time of writing, StepN (GMT) has a market capitalization of $376.8 million on CoinCheckup, making it one of the most prominent NFT cryptocurrencies on the coin market.
Big Eyes (BIG) aims to transfer wealth as a community-based token to its ecosystem. Big Eyes (BIG) intends to explore and exploit the NFT space through various advertising strategies and effects to create wealth for its community.
Its original token, Big Eyes Coin (BIG), facilitates free transactions in the ecosystem. Other functions of the platform include token exchange, liquidity pool, stake, provisioning and much more.
Big Eyes (BIG) rewards its members with NFTs for voting on the platform. Additionally, Big Eyes charges a 10% tax on every NFT sale. While 4% of the tax goes to the original seller, 5% is distributed to all NFT holders on the platform, making it a strong incentive to own NFT.
In addition, Big Eyes NFT holders will get to enjoy special NFT events and premium Big Eyes NFTs on the platform.
Big Eyes (BIG), StepN (GMT) and Solana (SOL) are very sustainable based on their growing community. These communities, in turn, put their NFT projects on the watchlist of crypto traders.
Due to its market approach, Big Eyes (BIG) is the next big cryptocurrency for NFT traders and holders.
The project’s fun animated character strategy could help it grow in the cryptocurrency market.
With this article and subsequent research, crypto traders can familiarize themselves with the explosive opportunity of the Big Eyes (BIG) project.