With the fall of the economic sector also dealing a major blow to the cryptocurrency market, a lot of people have been unsure of what move to make. One thing is certain now though, everyone wants to operate smarter, more efficiently, with more information on the table. It has come to light how important it is that you know as much as possible about a coin before staking your assets on it and even still, it is nearly impossible to completely avoid the potential risks that accompany the cryptocurrency.
This is why many are searching for valid, strong coins with secure ecosystems that can give them what they want and along with great security. A majority might expect that only high-ranking names such as Bitcoin, Solana, and Ethereum can offer such perks, but you needn’t look that far. Coins like Polkadot and even crypto newbie Big Eyes Coin (BIG) have gone to great lengths to ensure that users are made to feel safe and secure as they earn, whilst also engaging in other activities accompanied by the coins. If you wish to find out more, keep reading.
Polkadot – Ethereum’s Godchild that’s Walking a Path of Greatness
Polkadot (DOT) is a project birthed by Gavin Wood (a co-founder of Ethereum) along with Peter Czaban and Robert Habermeier, which launched in May 2020. It was designed to create an upgraded version of Ethereum and it operates as a Layer 0 blockchain (which is one layer below other blockchain projects like Solana, Ethereum, and Cardano). Because Polkadot is a Layer 0 blockchain, it functions by providing a platform on which other blockchains can be developed.
And so, it mainly works as an open-source platform with a multichain protocol that secures and connects a network of specialized blockchains, enabling cross-chain transmission of any asset or data types apart from tokens, permitting blockchains to be reconcilable with each other in the process. Polkadot gives a foundation to sustain a user-controlled decentralized web, also simplifying the creation of new services, institutions, and applications.
Polkadot consists of four main components that all serve unique functions; the Relay chain assists in the creation of consensus, shared security, and similitude across the network of various chains, and the Bridges permit parathreads and parachains to form connections and communicate with external blockchains such as Ethereum, the Parachains act as independent chains that can possess tokens of their own and are equipped for particular use cases and the Parathreads are much like Parachains but have flexible connectivity inspired by an economical pay-as-you-go model. The Polkadot protocol serves the purpose of connecting private and public chains, oracles, permissionless networks, and future technologies, enabling these independent blockchains to exchange transactions and information trustlessly, through its Relay Chain.
Polkadot’s native cryptocurrency $DOT can be used to facilitate the governance of the network, staking for security and operations and bonding tokens to connect parachains. Polkadot being a shared multichain network means it is capable of processing transactions across multiple chains in parallel and this power boosts scalability. The Polkadot network is equipped with a complex user-driven governance system in which all token holders need to vote on how the network is operated. Development teams can customize the governance system of their blockchains on Polkadot, with their requirements and growing conditions. Polkadot’s market cap is estimated to be about $8.5 billion.
Big Eyes Coin – Brave, Bold, and Selling Cute
Big Eyes can easily be referred to as a scenario no one saw coming. With the meme coin side of the crypto market full of coins that have ridden the dog-based concepts and characters for years, no one would expect that anyone would stray from that path – as a cat, no less.
But Big Eyes did and everyone loves it. Big Eyes emerged, gained so much attention almost immediately, and introduced itself as a feline cryptocurrency dedicated to its community, on a quest to redirect wealth into the DeFi (Decentralized Finance) ecosystem and save the oceans of the world. What’s more interesting is that Big Eyes intends to achieve all of that by selling cute! One would think it impossible, if not odd, but one look at the little fella and you’d easily declare that it had the right idea. With its precious big-eyed mascot, Big Eyes has the potential to effortlessly claim the attention of the world, which only makes its plans to gain popularity by using the influencer economy ingeniously.
With such a cute face, no resistance will be met, and soon enough, celebrities and influencers will be lining up to adopt the little critter. To ensure that the Big Eyes coin is kept at the forefront of the world, it has allocated 5% of its tokens into a marketing wallet to aid in its global promotions.
Big Eyes is all about its community and has made sure every user feels cared for and safe. Big Eyes allocated 90% out of its supply of 200,000,000,000 tokens to its users from its launch (70% to be sold during pre-sale, 20% retained for exchanges) and has embedded a dynamic tax system to go along with the tax-free transactions users will get to experience. Big Eyes knows that DeFi is a complex concept and has implemented guidance systems to help users understand it better, providing tutorials, Big Eyes Swap, and how-tos to unconfuse the subject. Another objective of Big Eyes is to hold spectacular NFTs which will sail up amongst the top ten and users who hold the NFTs will be granted exclusive access to Big Eyes events.
Big Eyes is also a philanthropic cat and has committed 5% of its tokens to a visible charity wallet through which funds will be paid to charities and ocean sanctuaries. Big Eyes feels that it is its duty – not just as a sushi lover, but as a dweller of this planet – to contribute to the efforts being made to help ward off the effects of climate change. The sanctuaries provide a lot of care to the oceans, helping the fish grow healthier and safer by preventing and eliminating the risks of oil spills, industrial fishing, plastic pollution, and other harmful events.
To make sure Big Eyes is safe for all, it got its token audited, not once but thrice, ensuring that potential security weaknesses and errors were weeded out and improvements and solutions implemented in its place.
Big Eyes is currently on pre-sale on its official website and users can buy the token with their card, ETH, or USDT through their crypto wallet. 1 USDT is worth 10,000 BIG tokens, which is practically a giveaway, so hurry and get them while they’re still available.
Finally, users and potential users must keep in mind that all cryptocurrencies are accompanied by possible risks. The fluctuations of the crypto market make it so nothing is ever permanent and before a coin is staked with a user’s assets, they should seek out advice from a financial advisor. All in all, DOT has excelled impressively and has worked quite well, providing a secure platform for users and BIG has so much potential to provide that and much more. Even without launching, it has obtained immense success and the future holds no limits for this cryptocurrency.
Pre-sale: https://buy.bigeyes.space/
Website: https://www.bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
