ANI | Updated: Oct 07, 2022 16:15 IST
New Delhi [India], October 7 (ANI/ATK): The cryptocurrency ecosystem is always changing. With the fact that there's no end to cryptocurrency innovation, investors are always compelled to invest in cryptocurrencies.
Over the last six months, two crypto projects, Ethereum (ETH) and Decentraland (MANA) have produced millions of dollars in income while providing great services to their users.
On the other hand, the new crypto Big Eyes Coin (BIG) is an intriguing meme token created to capture the general public's attention and lure them intoprofiting from the benefits of the crypto market. This article will examine why Big Eyes Coin (BIG) may be the smartest long-term cryptocurrency investment.
Ethereum (ETH) Bitcoin's Biggest Rival
Ethereum (ETH), the altcoin king, gives users the ability to access smart contracts and decentralized applications in addition to a simple cryptocurrency-based system (dApps). Ethereum (ETH) is a goldmine that rewards users generously.
Despite its potential, Ethereum (ETH) has frequently been the object of harsh criticism for its poor transaction speeds, hefty gas prices and energy intensiveness, and environmental unfriendliness.
With the altcoin's much-anticipated Ethereum 2.0 upgrade (Ethereum Merge) just completed, its days of judgment are over, and it has been shaking up the cryptoverse ever since. The Ethereum (ETH) Merge marks the entire shift of the altcoin from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus method.
With the upgrade, Ethereum (ETH) joins the ranks of cryptos with extremely fast speeds, minimal transaction fees, environmental friendliness, great scalability, and interoperability.
According to cryptocurrency news, Ethereum (ETH) currently boasts 99.9% energy efficiency, compared to PoW. This means that GPU mining is done for good. Nonetheless, Ethereum's (ETH) latest upgrade has sparked several discussions among aficionados concerning the altcoin's future.
Gamers' Platform: Decentraland (MANA)
Decentraland (MANA) is one of the most popular gaming tokens due to its unique features and capabilities. Decentraland (MANA) is a game-changing cryptocurrency that powers one of the largest and most influential gaming ecosystems in the crypto world.
Decentraland (MANA) is an Ethereum-based application designed to encourage a global network of users to administer a shared virtual environment. Decentraland (MANA) is a decentralized 3D virtual reality platform backed by the Ethereum blockchain, allowing users to create virtual structures such as casinos and art galleries and charge other players to visit them.
The traversable virtual space of Decentraland is called LAND, a non-fungible digital asset (ERC-721) divided into 16m x 16m blocks. Users can now participate in interactive apps, in-world transactions, and peer-to-peer interactions on the platform.
Decentraland (MANA) provides access to the worlds of GameFi and P2E, allowing users to profit from NFT collections, games, and user interaction. Holders of Decentraland (MANA) can engage in VR gaming, purchase LANDs, develop on their lands, and organize NFT events, among other things, within the Decentraland (MANA) Metaverse.
What is Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a meme token whose major goal is spreading riches around the DeFi world while conserving the planet's ecosystem. It is a fully functional token that introduces cat features into its functionality to create a new flair to the meme coin ecosystem. Big Eyes Coin will be used to generate community money, and support the platform's charitable endeavors.
Big Eyes Coin hopes to use NFTs to help its community access new opportunities. Unlike most meme coins, BIG coin exists for a purpose: to safeguard our oceans and inspire human actions to save our water bodies.
Big Eyes Coin (BIG) is unique in the cryptocurrency market due to several features. It has a new and developing community that is expanding. The community will host regular giveaways such as airdrops, NFTs, and awards. Having millions of devoted supporters is a positive for any cryptocurrency project. Dogecoin (DOGE) is a positive for any cryptocurrency.
Big Eyes Coin (BIG) is expected to earn USD 50 million in the first month following its launch, raising its cryptocurrency price. Because of its mission to rescue the earth, it has already begun to win over segments of the cryptoverse.
For More Information On Big Eyes Coin (BIG), visit the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
This story has been provided by ATK. ANI will not be responsible in any way for the content in this article. (ANI/ATK)
As an expert in cryptocurrency and blockchain technology, I bring a wealth of firsthand knowledge and a deep understanding of the rapidly evolving crypto ecosystem. Over the years, I've closely followed the developments in various cryptocurrencies, their underlying technologies, and the trends that shape the market. This expertise allows me to analyze and provide insights into the concepts mentioned in the article you've shared.
1. Ethereum (ETH) and the Ethereum 2.0 Upgrade: Ethereum (ETH) is a prominent cryptocurrency that goes beyond being just a digital currency. It pioneered the concept of smart contracts and decentralized applications (dApps). The article mentions Ethereum's historical challenges such as poor transaction speeds, high gas prices, and environmental concerns due to its Proof-of-Work (PoW) consensus method.
The Ethereum 2.0 upgrade, also known as Ethereum Merge, signifies a transition from PoW to Proof-of-Stake (PoS). This transition aims to address the mentioned issues, offering faster transaction speeds, lower fees, energy efficiency (99.9%), scalability, and interoperability. Ethereum's move to PoS is a significant step towards a more sustainable and user-friendly blockchain network.
2. Decentraland (MANA): Decentraland (MANA) is highlighted as a gaming token with unique features and capabilities. It operates as a decentralized 3D virtual reality platform built on the Ethereum blockchain. MANA allows users to create, explore, and monetize virtual spaces known as LAND. These LANDs are non-fungible digital assets (ERC-721) represented as 16m x 16m blocks in the virtual world.
Decentraland facilitates GameFi (Gaming Finance) and Play-to-Earn (P2E) experiences, enabling users to profit from NFT collections, games, and interactions within the platform. Users can engage in VR gaming, purchase and develop LANDs, and organize NFT events, fostering a vibrant virtual ecosystem.
3. Big Eyes Coin (BIG): Big Eyes Coin (BIG) is introduced as a meme token designed to attract attention and bring the general public into the crypto market. Unlike traditional meme coins, BIG coin stands out by incorporating cat features into its functionality. The article emphasizes BIG's purpose, which is to spread wealth in the decentralized finance (DeFi) world while also contributing to environmental conservation efforts.
BIG coin leverages NFTs to create opportunities for its community, and it aims to generate community funds to support charitable initiatives, particularly those focused on ocean conservation. The coin's uniqueness lies in its mission, and the article suggests that it has gained traction within the crypto community due to its commitment to environmental causes.
In conclusion, the provided information offers insights into the evolving landscape of cryptocurrencies, from major players like Ethereum and Decentraland to emerging projects like Big Eyes Coin. It highlights the dynamic nature of the crypto space, where innovation, sustainability, and community engagement play pivotal roles in shaping the future of digital assets.
