Memecoins have a reputation for being first-time wonders since most projects lose their founding communities soon after launch. They are characterized by their lack of sustainability, often due to poorly defined goals. However, Big Eyes (BIG) seems to deviate from the trend as the developers are looking to make it a top competitor in the cryptocurrency market. Here, we have compiled a short review on how it compares with existing NFT-based tokens like Polygon (MATIC) and Decentraland (MANA).
Polygon (MATIC) The Problem Solver
Polygon, formerly known as MATIC, is a blockchain designed to solve Ethereum’s scaling issues. Because the Ethereum (ETH) network operated a proof of work protocol, smart contract verification was slower than contending blockchains. Hence, Polygon was developed.
Polygon (MATIC) helps reduce the user load and activity on the Ethereum blockchain to allow it to perform transactions more efficiently. Polygon is an example of a side blockchain that serves as a bypass for users who find it difficult to trade on the Ethereum network because of the slow speed. Such users move their assets to the Polygon network via a bridge, allowing them to convert their MATIC tokens back to ETH.
The Polygon network’s development is instrumental in receiving payments for NFTs. Rather than use ETH, most NFT market platforms allow payments in the form of MATIC. MATIC sells for $0.78 on Coinbase, a 0.43% drop from last week’s pricing.
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 leisurely activities and businesses. The virtual world creates an immersive experience as it is a shared Metaverse where people get to interact with one another.
Each user acquires LAND, a token representing the space the user starts their experience on. After the acquisition, they fit the LAND with other NFTs, either created by them or gotten from other people. Decentraland (MANA) allows each user to explore the Metaverse and interact with other users all over the space.
Decentraland typically utilizes a lot of 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 collapse.
Big Eyes (BIG) The New Meme Coin
Like we said initially, Big Eyes (BIG) is not your typical memecoin. Its presale has yielded over $3 million, and it’s only rare to go further. It’s more than just a pretty cat, and the project’s outstanding features indicate just 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 a minor release will occur 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 with the BIG token as an intermediate exchange currency. This will further raise BIG’s cryptocurrency price.
Similarly, the developers are working on listing the token on popular exchange platforms. Users anticipate a launch on UNISWAP very soon, and other platforms will follow shortly. 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 token without its social media stunts? Big Eyes (BIG) developers will keep an active presence on various social media platforms to keep the coin relevant. For instance, an ongoing token giveaway contest is open to all presale buyers, where ten winners get to share 250,000 BIG 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 now to buy your tokens before their prices spike.
Big Eyes Coin (BIG)