Introduction
If you’re looking for some unknown and hidden diamonds in the crypto market after recovering from the recent crypto crash, these three coins are worth your attention at this time. Two already rank among the top 100 cryptocurrencies on CoinMarketCap, while the 3rd one is Big Eyes (BIG), which is currently in its presale. Memes and Metaverse are becoming the talk of the town lately. After Facebook’s parent company turned into Meta, many Metaverse-oriented crypto projects caught the attention of the masses and whales.
But the most popular ones that remained in people’s eyes were Decentraland (MANA) and The Sandbox (SAND). Due to several months of trading in red, these two Metaverse projects slid away from people’s eyes due to their crippling prices, thanks to the aftershocks of the pandemic crisis and rising global inflation that shook the whole market. Let’s dive deep into all three of them to see which one can turn out to be a big shot for you in the near future and long term. However, if you’ve already heard of the first two before, make sure you jump to the end to know what Big Eyes (BIG) brings for you other than the sweet little cats in its basket.
Decentraland (MANA)
Decentraland (MANA) is the primary token of the Decentraland network, an Ethereum-powered blockchain that allows users to buy virtual lands in its Metaverse. The users can later monetize and build on those virtual plots of land and sell them to others to earn profits. The project successfully conducted its Initial Coin Offering (ICO) in 2017 and raised $24 million. The team launched the closed beta version of Decentraland (MANA) two years later. The official virtual world project was thrown to the public in February 2020.
As Decentraland (MANA) allows users to create independently, many of them have built interactive experiences, 3D scenes, and various games in their virtual worlds since its launch. The users can monetize their lands and creations and earn a good income, being the owners of these virtual plots. The Dencentraland ecosystem uses two types of tokens to facilitate its users with its vast range of services. First is the $MANA token, an ERC-20 token used to purchase wearables, avatars, names, and much more on the Decentraland marketplace. The other one is LAND. It is a non-fungible ERC-721 token that can only be purchased by burning the $MANA tokens.
The Sandbox (SAND)
The Sandbox (SAND) is a decentralized virtual gaming world based on blockchain technology. It allows users to buy, sell, create, and design various digital assets in its virtual world.
It strives to add value to the growing gaming industry by using blockchain technology to develop a Play2Earn virtual gaming world. $SAND is used as the primary token for all sorts of transactions on the decentralized platform.
Arthur Madrid and Sebastien Borget are the co-founders of Pixowl, the company that launched The Sandbox (SAND) project. Both of them were working in Madrid’s company, 1-Click Media, before they joined hands to co-found Pixowl. Today, Madrid serves as the CEO of Pixowl, while Borget is the COO of the same company, and both have been working on different projects ever since Pixowl’s inception.
Although both Decentraland (MANA) and The Sandbox (SAND) are Metaverse projects empowering the virtual world concept, there’s a little difference between them as well. Unlike Decentraland (MANA), The Sandbox (SAND) does not focus on offering virtual lands and plots. Instead, its whitepaper itself says that the project is working on thriving the mainstream gaming industry.
Similarly, Decentraland (MANA) does not focus on the gaming side of Metaverse. However, both provide users with the opportunity to buy, sell, and create digital assets in their virtual worlds to generate profits from them. The Sandbox (SAND) also offers non-fungible tokens (NFTs) to users to further the concept of Metaverse gaming.
Big Eyes (BIG)
Big Eyes (BIG) is a meme token powered by its community. The token circles around a cute cat theme and leverages blockchain technology. $BIG is the shorthand ticker of the token, and its name represents the big eyes of a cat. In the past, we have come across the concept of meme tokens and seen them grow massively. It was due to the attention and hype created among the masses through the Internet and social media.
People love creating and sharing memes on different online platforms to make themselves and others happy. Developers took advantage of this concept and developed the first meme token on a dog theme: Dogecoin (DOGE). Although the team launched this token years ago, it caught hype during the pandemic when everyone was trying to relieve each other by sharing love, good wishes, and meme content on social media platforms.
Looking at the success of Dogecoin (DOGE), another meme token with the same dog theme arrived as its rival in the crypto market. It was Shiba Inu (SHIB). It also caught the attention of the masses and built up an even stronger community through its massive outreach and hype. Today, both of these meme tokens rank among the top 20 most purchased cryptocurrencies according to the listings of CoinMarketCap at the time of writing this article. Big Eyes (BIG) also follows suit but comes up with a whole new theme that is even cuter and more attractive than the dog-themed $SHIB and $DOGE meme tokens.
$BIG Tokenomics
Big Eyes (BIG) has minted a total supply of 200,000,000,000 $BIG tokens. Here is the defined allocation of this supply for various categories:
- According to the official website, 80% of the net supply will be available for public presale, including 5% for the charity wallet reserved for protecting ocean sanctuaries and marine life.
- 20% will be distributed to the crypto exchanges so that the users who couldn’t purchase $BIG tokens at lower prices in the presale could buy them on their favourite exchanges.
- There will be no tax on buying or selling the $BIG tokens, which means the users don’t need to pay any transaction fees while trading the $BIG tokens on the platform.
$BIG Presale Stats
The token has successfully and rapidly managed to raise more than $1 million in USDT through its presale at the time of writing this article. Its target for round 1 is $1.95 million USDT, which pretty much seems to get completed sooner than expected, looking at the rising hype of the Big Eyes (BIG) token.
Currently, $1 USDT equals to 10,000 $BIG tokens. Out of the 80% supply kept for the public presale, only 7.74 billion is now left. This supply will also get filled when $1 USDT becomes equivalent to 7368.42 Big Eyes (BIG) tokens.
Here’s how you can join the presale
Buying your $BIG tokens in the presale is super easy. Just make sure you follow the given three steps to claim your $BIG tokens sitting on your couch:
Step 1 – Connect:
First, you have to install a crypto wallet supported by Wallet Connect. Big Eyes (BIG) official website recommends MetaMask for a smooth desktop browser purchasing experience and Trust Wallet for a smooth mobile purchasing experience. To connect your wallet, use these 18 decimal contract addresses (also available on $BIG’s website): 0xc8De43Bfe33FF496Fa14c270D9CB29Bda196B9B5
Step 2 – Deposit:
Make sure you either have $USDT or $ETH in your wallet. Deposit the amount for the number of $BIG tokens you want to purchase using the above contract address.
Step 3 – Claim:
After you’re done, sit back and let the presale season finish. Once the presale season is completed, the team will update a claim button on the below-mentioned website for you to click on and claim your $BIG tokens in your wallet.
Conclusion
Metaverse and memes excite people probably more than any other crypto category due to the massive gains they give. People get excited about new Metaverse and gaming projects and dive into the cryptocurrencies like The Sandbox (SAND) and Decentraland (MANA). The response should be a little cuter when it comes to meme tokens. Big Eyes (BIG) claims to serve the DeFi (decentralized finance) ecosystem through its token, apart from strengthening its community. The team will also launch the top ten NFT collections for the users to earn more profits. Although there’s no tax on shopping the $BIG tokens, the team will charge a 10% tax on NFTs. A portion of this will go to charity other than the 5% allocation from the token’s supply for preserving oceans and marine life.
For more information on Big Eyes (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://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.
