Is Big Eyes Coin the following Dogecoin 10 times?
People look forward to the positive aspects that are typically found in arts and entertainment in a world that is always filled with violence, sadness, and insecurity. Social networking is obviously quite popular today, especially among young people.
It appeals to young people's creative side. They require a way to release the vigor and energy inside of them, and social media offers that opportunity.
The development of social media also paved the way for content monetization. Twenty years ago, careers in social media administration, persuasion, content development, and copywriting were essentially unheard of. Now, those who hold these professions are a part of a market that brings in billions of dollars annually.
Other platforms were also constructed as alternatives for revenue generating and freedom of expression as these occupations were created. Cryptocurrency, blockchain technology, and the newest innovation, Non-Fungible Tokens. Contrary to popular assumption, financial technology and wealth generation methods other than technical ones include cryptocurrency and Blockchain technology. In addition to facilitating enjoyment, amusement, and creativity, they were developed with the added benefit of making cash through these media.
Non-Fungible Tokens serve as a prime illustration. These distinctive digital assets are mostly employed on the Blockchain network to distinguish other assets. These items can be verified and have real-world value; some have sold for as much as two million dollars.
Users have access to brand-new, interesting options with the potential to significantly boost return on investment through Big Eyes Coin (BIG) and Dogecoin (DOGE). Beginning with the gaming industry, NFTs have been used to represent any asset on the bitcoin market, from real estate to individual identities (avatars).
Big Eyes Coin (BIG)
A community-based cryptocurrency called Big Eyes Coin (BIG) will provide its users with a lot more than just a way to conduct transactions.
The main goal of decentralized finance (DeFi) has been to make it easy to trade and exchange digital assets. For the typical user, this can occasionally be too technical, and it has no appeal beyond that.
Big Eyes Coin (BIG) aims to alter this perception by developing a platform that allows users to make money from every angle. Decentralized finance will, according to Big Eyes Coin (BIG), be as simple and accessible as feasible. The usage of back-end infrastructure and clear tutorials will make this achievable.
Big Eyes Main Features
The platform will have the following distinguishing characteristics to achieve its objective of "moving wealth into the decentralized finance ecosystem":
- Community-focused: Big Eyes Coin (BIG) is aware that a cryptocurrency's users are its true source of power and worth. Developers and creators who build systems and use tools to expand the ecosystem will make up this community.
- Tax: On the Big Eyes (BIG) platform, emphasis will be given to investors and their investments. To guarantee that the platform remains financially viable, a dynamic tax structure will be implemented. Changes like the Auto Burn Function, the acquisition of Liquidity Providers (LP), and marketing wallets will be possible thanks to the tax system.
- Giving back to its users and the globe is something the platform is interested in doing for charity. A Visible Charity Wallet will exist that will keep 5% of tokens exclusively for the goal of preserving the oceans.
BIG Plans, BIGger Values
Big Eyes Coin (BIG) has outlined its strategy for maximizing growth in a brief amount of time.
The first strategy entails acquiring customers by exerting influence on social media. Its first success will depend on how well and how widely used the platform is at this early stage.
Second, the platform will promote a list of the top 10 community-based non-fungible token (NFT) initiatives that will benefit the ecosystem. Users will be able to earn money through these initiatives and gain entry to upcoming Big Eyes Events. These NFTs will play a significant role in the platform and raise awareness. The site will launch a club called Big Eyes Sushi just for dedicated NFT owners. Users must purchase a Non-Fungible Token from the platform in order to gain entry to the club.
Last but not least, Big Eyes Coin (BIG) will generate revenue through the manufacture and marketing of tangible and digital goods. The platform's token and ocean charity projects will be expanded with the money raised.
The project's values will be the same as those of The Cat, its mascot. Both the platform and its users make a commitment to being energetic, amusing, hardy, and friendly.
BIG Tokenomics and BIG User Earnings
The utility token of the platform, BIG, will be used to efficiently operate members of the Big Eyes (BIG) ecosystem. Regular freebies and incentives for using the site will be offered, and these will take the form of BIG tokens and NFTs. Users won't be subject to any buy-sell taxes or transaction fees.
The community will be decentralized, and token holders will have a say in important platform choices. For instance, revenue from NFT events will be used to determine whether or not customers should burn the money.
Dogecoin (DOGE)
Dogecoin (DOGE) is a first-generation cryptocurrency that began as a humorous idea but quickly developed into a platform that donated USD 50,000 to charity and became a mainstay in the cryptocurrency industry.
Dogecoin (DOGE) was developed as a platform for peer-to-peer transactions that was censorship-resistant and to spread joy and goodwill throughout the cryptocurrency community. Just a few months after its launch, this coin experienced enormous growth and acceptance, lending credibility to the cryptocurrency industry.
How Dogecoin (DOGE) Works
The design of Dogecoin (DOGE), the first cryptocurrency token in history, is identical to that of Bitcoin. A large portion of Dogecoin's code is an exact replica of Bitcoin (BTC), which is utilized for the rapid and safe movement of value across borders.
The network uses a Proof-of-Work consensus mechanism with a one-minute block duration. As a result, the network is secure. Dogecoin's (DOGE) method is based on Scrypt technology, not SHA-256, in contrast to Bitcoin's (BTC), which uses the latter. Field Programming Gaming Array (FPGA) and Application-Specific Integrated Circuit (ASIC) devices are used by Dogecoin (DOGE) miners to conduct their work.
This method allows for the quick generation and storage of random numbers. Before a result is submitted, these numbers stored in the Random Access Memory (RAM) are repeatedly accessed. Although it takes more memory, this enables miners to use less energy and has been shown to be effective for problem-solving.
Digging For DOGE
The Dogecoin (DOGE) network has less intense competition for mining than other significant Blockchain networks. The ecosystem works using diggers. By approving fresh transactions and adding new blocks to the chain, they are responsible for securing the network.
Many people make money by searching for Dogecoin (DOGE).
Apart from the expense of mining, users can get passive income by either holding onto their acquired tokens until their value rises before selling them, or by selling them as soon as they are earned. Miners can make up to USD 3 each day.
Dogecoin's Popularity and Community
The iconic dog breed Shiba Inu from popular internet memes serves as the face of Dogecoin (DOGE). The platform's creator added this function to make the project enjoyable for users.
The cryptocurrency token attracted those who wanted to be involved in the crypto sector but were not genuinely interested, therefore it turned out to be a wise choice.
Dogecoin (DOGE) investments have produced returns of up to 10,000%. Even well-known celebrities have invested in and supported the coin.
Users of Dogecoin (DOGE) form a close-knit group. Dogecoin (DOGE) has an excellent record of charitable endeavors, ranging from fundraising efforts for sports teams to dog-training programs for children with autism, and they aim to continue this trend.
Tokenomics (Dogenomics)
DOGE is the utility token of the Dogecoin Ecosystem. The token currently has no limited supply and is used for purchasing food, drinks, and even hosting. Dogecoin's network has seen an increase in the last few years and now has major vendors and retailers accepting the DOGE token as a means of payment for goods and services. Every year, 5 billion DOGE tokens are issued to the public.
Asides from that, it is rewarded to diggers (miners) for securing the Dogecoin (DOGE) Blockchain.
The token can be stored in hardware wallets. This helps to keep the DOGE tokens in cold storage (offline) and prevents hackers' access to user investments. Users can also make use of the Ledger Nano S or its advanced other, Ledger Nano X.
As time goes on, the cryptocurrency community will continue to discuss Big Eyes Coin (BIG) and Dogecoin (DOGE). The popularity of these cryptocurrencies on social media and meme culture will determine their overall success. These media don't appear to be going out of style anytime soon.
We cannot rule out the chance that these tokens will realize their full potential and provide purchasers and users with excellent value.