Big Eyes Coin’s (BIG) presale entered its third stage late last week and raised almost $3.5 million. The platform seeks to launch its official NFT platform during this third phase, where crypto users will be able to monetize digital content and trade NFTs on the network. But why NFTs? The most straightforward reason is so the token can sustain itself after launch. For now, we will review the top coins supporting NFTs, namely Decentraland MANA) and Tezos (XTZ), and how Big Eyes Coin (BIG) compares to them.
Decentraland (MANA) – The Goldmine of Gaming
The Metaverse is proving to be a goldmine for most token projects, as their developers make the most of its opportunities to create several features like games and elaborate NFT centers. Decentraland (MANA) is one such project, as it exists on the Metaverse to entertain its users and gives them an avenue to monetize their assets.
Decentraland users start by acquiring LAND, an Ethereum-based asset to which they add their personalized NFTs. Users are open to creating digital content for display to others in the virtual world. Businesses could open virtual shops for adverts, and art galleries could display their NFTs for sale. Companies like Samsung and La Liga have acquired virtual spaces to advertise merchandise and services.
MANA is the native token for Decentraland and is based on the Ethereum blockchain. It is used for trade and exchange on the platform and for other administrative purposes.
Tezos’s (XTZ) Key Benefits
Tezos (XTZ) is a unique crypto platform that makes it easier for developers and users to create various DeFi tools and enjoy the benefits of DApps. Many blockchains have restrictions that prevent them from accommodating DApps on their networks.
Tezos (XTZ) is a self-correcting cryptocurrency based on the token’s whitepaper. It constantly upgrades its protocol without causing a hard fork. This functionality is unique to the platform and makes it convenient for developers and users to create DeFi software like NFTs, exchanges, and blockchain games. Once these programs are added, the system upgrades its protocol accordingly.
Tezos’ NFT club satisfies collectors and contributors as it charges fewer network fees for minting and collecting NFT assets on the network. The popular assets in the NFT club are inspired by music, art, comics, and Formula One, as it helps users with such interests efficiently collect their favorite NFTs.
What is Big Eyes Coin (BIG)?
As stated above, Big Eyes Coin’s (BIG) developers want to launch the token’s NFT marketplace in the third phase, which commenced this past week. The developers hope to grow the NFT club into a top ten-rated platform, a likely result if the community keeps growing at its current rate.
According to its whitepaper, the NFT club will be free for all users to trade on. Even users from other networks will be able to trade and exchange NFTs with those on the Big Eyes Coin platform at no cost.
Furthermore, Big Eyes Coin (BIG) is more than just cute. It is conscious of its community and plans to keep them foremost in the token’s affairs. The developers emphasized this as they announced that 80% of the tokens would be available for the presale. This puts a large percentage of the token’s supply in the community’s hands, which makes them able to sway decisions in the future.
Also, the developers recently announced a giveaway to reward members for their continued project support. The contest will reward ten users by December, with the first place taking some 100,000 tokens and the others sharing about 150,000 tokens. You only have to buy some BIG tokens to be eligible for the giveaway contest.
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