A new trend can be seen in the crypto market. One many investors can get behind.
Following Ethereum’s merge from proof-of-work to proof-of-stake back in September of 2022, the demand for more environmentally friendly crypto projects has surged. And as a result, exciting currencies such as XRP, Solana and new Big Eyes Coin (BIG) have come into the limelight.
XRP Ledger 61,000x More Efficient Than Proof-Of-Work Blockchains
Ripple is a payment settlement asset exchange and remittance system, which is the crypto equivalent of SWIFT. The native token of Ripple, XRP, has experienced a turbulent 2022, not dissimilar to other major cryptocurrencies.
According to Ripple’s website, the project used technology that is carbon-neutral. In comparison to proof-of-work blockchains, the XRP Ledger is 61,000x more energy-efficient.
In addition to partnering with innovative fintechs, universities, NGOs, foundations and social entrepreneurs, Ripple also co-founded the Crypto Climate Accord and WEF’s Crypto Impact and Sustainable Initiative. Ultimately the project wants to achieve global carbon net zero by 2030 or sooner.
Solana Transaction Is 24x Less Energy Consuming Than Charging A phone
A decentralised blockchain, Solana is one of the most eco-friendly blockchains on the crypto market. With a processing power of 4,406 transactions per second, Solana achieved carbon neutrality in 2021 due to the Solana Foundation’s investment in refrigerant destruction.
A single transaction on the Solana Network takes up less energy than two Google searches and is 24 times less energy-consuming than charging a phone. An even more impressive figure is that Solana uses the same amount of energy as 986 houses in the US per year.
Big Eyes Coin Raises $9,000,000 With Eco-Friendly Mission
Solana’s and XRP’s eco-friendly features are well known. However, up-and-coming Big Eyes Coin is currently making heads turn for its breathtaking presale and noble goal.
Having raised over $9 million in presales in two months, Big Eyes Coin is setting up a path for success with its environmentally friendly message. The cute feline with two gigantic eyes has decided to use its cuteness as a cryptocurrency to save the oceans so it can continue eating fish.
Primarily this will be done through its charity wallet, which will hold 5% of all BIG tokens available at launch. All money held in this visible wallet will be donated to ocean sanctuaries so that Big Eyes cat can spread the message that ‘fish are friends’.
Another way in which Big Eyes Coin is raising awareness towards climate change is through its NFT Sushi Club. An exclusive place for BIG holders to purchase environment-themed NFTs, participate in events and build a strong community. NFTs will be subject to a 10% tax, 1% of which will also be donated to charity.
The Big Eyes Coin merch store is another mode for which this cute cat plans to save the world’s oceans by selling relevant digital and physical items to fundraise its noble goals.
A while ago, many assumed eco-projects would not make much leeway among markets. However, the surging popularity of projects like Ripple, Solana and Big Eyes Coin proves there is a huge demand for greener cryptos.
Perhaps the crypto project with the greenest message of them all, Big Eyes Coin, is expected to take off as its presale is not slowing down any time soon.
Use the code BEYES097 for a BIG bonus.
For more information on the project:
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.