As the saying goes, the future is now! The cryptocurrency community is also moving forward. The Big Eyes Coin (BIG), Filecoin (FIL), and Polkadot (DOT) are a few cryptocurrencies striving to propel the system to the future.
Big Eyes Coin (BIG) – Can This Cat Capture The Crypto Communities Hearts?
The Big Eyes Coin (BIG) has been gathering attention in the cryptocurrency world and here are a few reasons why: The Big Eyes Coin (BIG), with its cute big-eyed feline mascot, is more than just a meme coin project.
The Big Eyes Coin (BIG) platform is building a charge-free decentralized ecosystem framework – which is a great advantage in the current cryptocurrency community, where there will be no usual annoying taxes or fees within the ecosystem.
As the people’s champ that overthrew the reign of the canine DogeCoin (DOGE) and Shiba Inu (SHIB), Big Eyes Coin (BIG) has a wide array of features and benefits that makes it very profitable to prospective buyers.
The only charges involved would be those in the NFT marketplace, where, after an NFT is resold, 5% goes to the Big Eyes Coin (BIG) token holders, 4% goes to the original token owner and 1% goes to charity.
With the non-fungible token (NFT) space as a target of the Big Eyes Coin (BIG) token, the Big Eyes Coin (BIG) token would only experience boosted growth and value. With plans in the works to get it launched on Uniswap (UNI), where it can very soon be traded with and for other tokens. With its potential, it’s not impossible to have promising profits of x200 or more in the future.
What is the Idea Behind Big Eyes Coin (BIG)?
The Big Eyes Coin (BIG) is a community-owned project where 90% of its entire 200 billion token supply would be available for circulation after launch. The Big Eyes Coin (BIG) plans to contribute 5% of its total supply to ocean sanctuaries to contribute to the earth’s ocean ecosystem.
The Big Eyes Coin (BIG) merchandise would be available in digital and physical forms, there’s going to be captivating “cutest eyes” NFT contests, low gas fees, no buying or selling taxes and it’s going to be available on cryptocurrency exchange platforms after launch.
These unique features are pulling in buyers, cryptocurrency newbies and veterans, famous influencers, and celebrities into the Big Eyes Coin (BIG) community. The Big Eyes Coin (BIG) token is, therefore, set on its path to giving its community members more ways of reaping benefits.
While benefiting its community members, Big Eyes Coin (BIG) also plans to contribute to the protection of the ocean life on earth and it is also working hard towards realizing this mission – as during its first week of pre-sale, it already raised an impressive sum of $979,806.92 in USDT!
Due to its growing value in the cryptocurrency community, Big Eyes Coin (BIG), along with other tokens like Ethereum (ETH) and ApeCoin (APE), have drawn in potential buyers looking for x200 more profit on their purchases. Big Eyes Coin (BIG) also brings a seamless balance between decentralized finance (DeFi) and the NFT space.
How to Buy Big Eyes Coin (BIG)
On the Big Eyes Coin (BIG) website, there’s a signup section where the presale of the Big Eyes Coin (BIG) is currently ongoing.
- Enter your personal information in the spaces provided.
- Accept the terms and conditions to be followed for the Big Eyes Coin (BIG) community.
- Click “send”, and wait for the launch.
Filecoin (FIL) – Solving Real World Storage Problems
Founded by Juan Benet and his team at the Protocol Labs, Filecoin (FIL) is a decentralized file storage and sharing network that capitalizes on the power of blockchain technology to provide its users with a wide array of opportunities in the market.
Since decentralized file sharing platforms are getting popular more than ever, Filecoin (FIL) uses its combination of various technologies to provide special experiences to its users so that they earn more cryptocurrency.
Filecoin (FIL) corrects a lot of problems in the current cloud storage sectors because the industry suffers from centralization. The Filecoin (FIL) platform has incentives in its global network of computer operators to provide file sharing and storage services to the masses, encourage and strengthen cooperation between users, and using its centralization, provide the right censorship. These benefits make the Filecoin (FIL) community one of the fastest growing in the market.
Understanding Filecoin (FIL)
Filecoin (FIL) is a protocol that ushered in a decentralized storage network (DNS)based on blockchain. Using the Filecoin (FIL) network, data storage and retrieval would have multiple independent storage providers.
It handles the storage and retrieval requests through two authentic markets, which are, the Storage Market and Retrieval Market – which have the same structures but different designs.
The Storage Market would let a client pay storage miners store their data and buyers can place a match with the storage miners (sellers). If matched, the orders get submitted to the order book so that the public can get access to all the orders recorded in the Filecoin (FIL) blockchain The Retrieval market, on the other hand, allows clients to retrieve data by paying seers (retrieval miners) to deliver the data. The sellers obtain their pieces from the retrieval market by storing them in a storage miner.
Filecoin (FIL)’s users and storage providers are its priority. With a platform that outranks industry giants like Amazon in data retrieval, its infrastructure is designed to improve responsiveness.
Its decentralized peer-to-peer feature also makes it censor-resistant because decentralized networks have no room for failure with the whole network encrypted to the highest of standards.
Filecoin (FIL) Tokenomics
The FIL token is the native token for the Filecoin network. Payments can be received in Filecoin (FIL) tokens and FIL tokens are versatile digital assets with exchanges available globally.
For the Filecoin (FIL) system to remain valid, it has two proofs that work together in the background as core protocols of the Filecoin (FIL) system – the Proof-of-Replication and the Proof-of-Spacetime.
These two proofs verify miner storage data and also verifies the agreed data storage time, respectively. The miners receive grades for their reliability, pricing, availability, and dependability so, those miners with top reputations can gain more storage opportunities and earn more rewards.
Filecoin (FIL) had its first ICO with the Protocol Labs Filecoin ICO in 2017, when the platform made global headlines as one of the largest funding rounds on the internet. The event netted a whooping sum of $205.8 million and this showed the high interest and potential of the project, even receiving backing from the capitalists – Sequoia and Andreessen Horowitz.
Polkadot (DOT) – Innovative Blockchain Technology
Rising out of the ashes, the Polkadot (DOT) platform, after suffering from a rocky start due to the hacking of 60% of the firm’s ICO funding, is finally ready for public usage.
This blockchain with its next-generation feel brings new functionality and interoperability into the cryptocurrency market. Polkadot (DOT) is one of the most anticipated projects in the industry presently, and finally, it’s here.
The Polkadot (DOT) platform is a multi-chain application ecosystem that allows the interoperability of cross-chains on an unimaginable level. It allows its users to send not just tokens, but even actual data across blockchain networks.
What is Polkadot (DOT) all about?
Polkadot removes the problems of market compartmentalization through the integration of proprietary technology. It is also able to share information from private blockchain networks to public networks and vice versa.
With this revolutionary ability, Polkadot (DOT) allows its users to transfer data across different (public, open, and private) blockchain networks and brings out the best of each network. In this way, the scalability, interoperability, and security of the Polkadot (DOT) platform are on a whole higher level.
Analysts have even suggested that Polkadot’s (DOT) features, could pose a threat to Ethereum (ETH)’s market dominance. The Polkadot (DOT) ecosystem works in a unique manner that unifies heterogeneous blockchain networks (parachains and parathreads) together.
The chains are connected and secured by the Polkadot (DOT) relay chain. This provides the Polkadot (DOT) system with added flexibility to add to its already list of features.
Features of Polkadot (DOT)
- Economic and transactional scalability is being provided by activating a set of validations to secure multiple blockchains. Its transactional scalability is also made possible by the spreading of its transactions across multiple synced blockchain networks.
- True interoperability in the sense that the Polkadot (DOT) platform enables the cross-blockchain transfer of various types of data and assets, not just tokens.
- Creating custom blockchains in minutes using the Substrate framework, which gives chains connected to Polkadot (DOT) the security and interoperability it deserves.
- High energy efficiency – the Polkadot (DOT) ecosystem consumes a limited amount of the energy used by regular blockchain networks thanks to its next-generation proof-of-stake (NPoS) model. It has the lowest carbon footprint among NPoS protocols in recent times.
- Security – the data availability and validity scheme allow chains to interact with each other on the Polkadot (DOT) platform, which unites them in their security.
The DOT is the token of the Polkadot network, which means it serves a very crucial role in the system. It can be used in submitting proposals, participating in governance decisions, voting, and even bonding. It can also be used as an electronic payment system.
Polkadot (DOT) simplifies the most common decentralized applications (dApps) development tasks. Since the platform was built with Substrate – a popular processor of the creation, deployment, upgrading, and experimenting with the various application-specific blockchain networks, it allows decentralized applications (dApps) builders to place more attention on innovation rather than the technical mechanics of overseeing a blockchain network.
Polkadot (DOT) makes it easier to create and link decentralized applications, services, and firms and by empowering innovators, plans to build better solutions and a society free from its reliance on the broken web where trust can’t be violated.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.