Since blockchain technology became mainstream in 2017, cryptocurrencies with viable use cases went from being imaginative concepts to real projects that some of the biggest global companies support. Now, cryptocurrencies such as Big Eyes (BIG), Filecoin (FIL), and Ethereum (ETH) aim to become powerhouses in the crypto space.
The new-in-town meme coin Big Eyes (BIG) intends to introduce innovative use cases for meme-based projects. On the other hand, Filecoin (FIL) and the smart contracts pioneer, Ethereum (ETH), are transforming the data storage and blockchain industries, respectively.
Continue reading to discover how these three cryptos intend to outperform other cryptocurrencies in the coin market.
Big Eyes – The Latest Meme Coin
Big Eyes (BIG) is the latest meme coin that caters to its own community and the world at large. The community-driven crypto presents a friendly platform to its users that will offer several wealth-generating resources.
Since its announcement, the Big Eyes Coin (BIG) has caught the eyes of many crypto users for several reasons. Firstly, its adorable cat mascot makes it stand out in the sea of dog-faced meme coins. Secondly, it offers various incentives, such as tax-free shopping and a majority (70%) token public distribution at launch to sustain its community.
Thirdly, the Big Eyes Coin (BIG) inculcates NFTs into its ecosystem. Users can purchase different cute NFTs and also earn them as rewards. Also, NFT holders will have access to various NFT events hosted on the platform.
Lastly, and most importantly, a dedicated charity wallet with 5% of the Big Eyes Coin (BIG) would be donated to ocean sanctuaries to support their activities, as it hopes to preserve the global ecosystem while generating wealth for its users.
With all these features, crypto users would not be able to resist the Big Eyes Coin (BIG).
Filecoin – The Decentralized Storage Network
Filecoin (FIL) is a decentralized storage network that stores data. It is an open-source cloud storage marketplace, protocol, and incentive layer, all wrapped up in one ecosystem.
Filecoin (FIL) is a peer-to-peer storage network. Therefore, its users mine storage space and share or rent it out to other users using two market types: the storage market and the retrieval market.
The network’s blockchain records the contracts made by its users, while transactions and services are made using the FIL token, the blockchain’s native cryptocurrency.
FIL tokens are also used as a financial incentive to ensure files are reliably stored over time. User participation in mining and storage also comes with more block rewards. All these incentives encourage more users to participate in sustaining the Filecoin (FIL) network.
Ethereum – The Valuable Crypto
Ethereum (ETH) is the world’s second most valuable cryptocurrency after Bitcoin (BTC). Consequently, it is often compared to Bitcoin (BTC) due to its scarcity and widespread adoption by global companies and organizations.
However, unlike Bitcoin (BTC), Ethereum (ETH) is more than just a store of value. For example, its blockchain is a network where various decentralized applications (dApps) are launched using smart contracts. It is also the base of decentralized finance (DeFi) and is used to issue other cryptocurrencies.
Therefore, most NFTs and many metaverse projects, such as Star Atlas (ATLAS), Axie Infinity (AXS), and The Sandbox (SAND), use the Ethereum blockchain. Ethereum (ETH) is scheduled for a fourth-quarter upgrade this year, called “the Merge.”
By this, it hopes to convert its network into a Web3-primed proof-of-stake mechanism to reduce transaction costs while increasing transaction speeds. The upgrade will also make its blockchain more energy-efficient and increase security and scalability.
Thanks to Ethereum (ETH), many other blockchains and decentralized protocols, such as Filecoin (FIL), have seized the opportunity to create innovative solutions for centralized sectors of the economy, therefore creating more wealth.
Meanwhile, Big Eyes (BIG) intends to show the world that meme coins have more than jokes to offer; they have come to stay!
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