Though very industrious and vast, the cryptocurrency space with opportunities can sometimes be boring with all the technical names and methodologies flying around. People feel more comfortable and secure and rest assured when they are in an environment they are familiar with.
Subsequently, more cryptocurrencies have put in a lot of effort to make the industry more inviting to its users. One of the cryptocurrencies that aim to do this is Big Eyes Coin (BIG), which is equipped with enough mechanisms. Others like Decentraland (MANA) and Dai (DAI) focus on the Metaverse and provide smart contract services, respectively.
Decentraland (MANA): The Virtual Reality Token that Provides the Same Services to Users
Decentraland is one of the crypto projects with a special use case because it is a network built on top of Ethereum and represents a global community of users who share a virtual world. The Virtual Reality (VR) platform known as Decentraland is powered by MANA, an ERC-20 token that serves as the system’s native currency.
Members of the Decentraland community can purchase LAND, a virtual parcel of the virtual reality platform that Decentraland represents, with Decentraland (MANA). The ERC-721 token, LAND, is non-transferable. The ownership of LAND signifies ownership of a virtual world component.
Decentraland is the first virtual platform of its kind to have a decentralized governance structure that gives users and Decentraland (MANA) holders complete control over the ecosystem. To keep the process running, users must keep their MANA tokens in an Ethereum-based wallet. The Ethereum blockchain is used to make use of the functions.
Dai (DAI): A Stablecoin Offering to Eliminate Volatility on Its Network
Dai (DAI) aims to overcome the volatility issue that typically prevents conventional cryptocurrencies from being used as payment. 1 DAI is referred to as a stablecoin because it remains closely correlated with 1 USD. Dai (DAI) is the first stable cryptocurrency that is collateral-backed and decentralized. Dai (DAI) is an ERC-20 token that uses smart contracts to lock other crypto assets to maintain a stable 1:1 value with the US dollar.
DAI is the native token of the Maker Protocol, a decentralized autonomous ecosystem of smart contracts running on the Ethereum blockchain. This contrasts with other stablecoins issued and controlled by a central authority. Dai (DAI) officially went live on the Maker Protocol in 2017. DAI is capable of doing all of that without sacrificing decentralization. It was developed to provide businesses and individuals with a stable, non-volatile, and secure lending asset.
Big Eyes Coin (BIG) Provides Better Financial Services to Its Users
Big Eyes Coin (BIG) aims to use the Decentralized Finance (DeFi) space by accumulating assets and simplifying the management of this ecosystem. Through Non-Fungible Tokens, Big Eyes Coin (BIG) implements a wide range of products and events for all users who purchase the Big Eyes token (BIG), the platform’s primary cryptocurrency. The community will own Big Eyes Coin (BIG), which exemplifies decentralization. This will encourage transparency and simplicity.
An admirable strategy is the fact that Big Eyes places an emphasis not only on tasks but also on people. On the platform, Big Eyes transactions and executions are free of exchange fees and costs. This demonstrates its liberality and provides holders of Big Eyes Coin (BIG) with enormous benefits, in contrast to Decentraland (MANA) and Dai (DAI), which may be lacking in definitive features that will help in the progress on the market in the coming years. Envision how productive it is to get monetary information, updates, and data first. The Big Eyes Coin (BIG) purchasers will always be ahead of the pack.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
