With Its Cute Doe-Eyed Mascot and Potential Large Interests, Big Eyes Coin Can Take Avalanche and Cronos Out of the Picture
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The development of cryptocurrencies has led to the introduction of several new coins into the industry. Following the blueprints of the pioneer coins – Bitcoin and Ethereum – altcoins bring new approaches and expand the concept of digital currencies.
Big Eyes Coin (BIG) brings a witty and funny anime-themed cat to the crypto stage, and is focused on improving decentralized finance and making large donations to organizations that support ocean conservation. Avalanche (AVAX) hopes to take over from Ethereum with its built-in blockchains and subnets. In addition, Cronos (CRO) is designed to improve the adoption of digital currencies for personal control of money and protection of users’ information and identity.
Big Eyes Coin (BIG): The new meme coin king
Big Eyes Coin (BIG) is a new meme coin that is quickly gaining popularity due to its unique approach and cute mascot. With this coin, we want to expand decentralized finance by adding money to it. Instead of leveraging the purchase of coins from token members to develop the platform, Big Eyes builds a blockchain ecosystem that generates revenue through NFTs, ancillary product sales, community events, and so on. Differentiation is a smart way to increase reach in the crypto industry; As a result, Big Eyes (BIG ) coin designed a cute anime-style mascot, unlike the mainstream dog mascots associated with meme coins. A dynamic tax system has been established to ensure that no additional tax costs are charged for transactions processed on the platform. In addition, by purchasing BIG tokens, users gain access to the NFT Sushi Crew, where exclusive NFT events are organized. Accordingly, Big Eyes is aiming to get one of its NFT projects into the top ten NFTs soon.
Avalanche (AVAX) Coin hopes to solve the Blockchain Trilemma
Advances in blockchain technology have influenced Avalanche to improve interoperability. This allows multiple blockchains to interact on the Ethereum platform. It is a Layer-1 blockchain that serves as a platform for custom blockchain networks and decentralized applications. To solve the blockchain trilemma (decentralization, security and scalability), three built-in blockchains – X-chain, C-chain and P-chain – have been designed. The implementation of decentralized finance ensures that users enjoy low transaction fees.
As previously stated, Avalanche was designed to directly compete with Ethereum and the three blockchain technologies; it achieves this in record time. Avalanche (AVAX) tokens allow users to trade, stake and store their coins. In addition, persons with an ID have the privilege of making administrative decisions. From the beginning of September 2022, staking Avalanche (AVAX) tokens offers an annual reward of 11.57%, and two weeks is the minimum staking period.
Cronos (CRO) coin: Bringing better rewards closer to its users
Cronos is a decentralized and open source blockchain that aims to increase the global reach of cryptocurrencies. Its three main functions are payment, trade and financial services. Ownership of Cronos (CRO) tokens ensures that users receive higher income from loans, priority services and reduced fees. Holders of Cronos (CRO) tokens also receive benefits such as airport lounges and rewards. Thanks to its blockchain, the platform acts as an intermediary layer between assets, accessible with Cronos (CRO) coins. Coins can be wagered and earn rewards for processing online transactions. In addition, betting allows users to earn up to 10-12% annual interest. There is a limited supply of 30 billion CRO tokens. It is important to note that Cronos has been rebranded and is no longer called the “crypto.org coin”. This rebranding reflects the better decentralization of the coin and the significant growth of the Cronos ecosystem.
Many meme coins are not respected in the crypto industry, and Big Eyes Coin (BIG) is changing that narrative. To promote the booming NFT sector, Big Eyes has created the NFT Sushi Crew to generate more revenue for its ecosystem. And while Avalanche (AVAX) and Cronos (CRO) are making their mark on the industry, Big Eyes Coin (BIG) is winning the prize for its unique ideas and innovations.
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