The Sandbox (SAND) and Stellar (XLM) are cryptocurrencies that have enjoyed widespread success in the Metaverse and DeFi world, respectively. Meanwhile, Big Eyes Coin (BIG) is looking to become one of the most successful DeFi projects.
Due to their unique offerings, these three cryptocurrencies have caught the attention of many crypto users in the coin market.
While The Sandbox (SAND) and Stellar (XLM) have brought global gaming companies and businesses to the Metaverse and DeFi realms, Big Eyes Coin (BIG) plans to leverage its community and NFTs to push and sustain its popularity.
In this article, we will be exploring the potential of the new meme coin, Big Eyes Coin (BIG), to measure up to the success level of The Sandbox (SAND) and Stellar (XLM) in the cryptocurrency market.
Big Eyes Coin
Though Big Eyes Coin (BIG) is still a new cryptocurrency, it has already garnered lots of interest from users and analysts in the crypto world. Its potential is one to watch out for, as it was able to raise $1 million in its first week of token presales.
Its momentum is due to its focus on community. Big Eyes understands that the strength of any successful cryptocurrency lies in its community. Therefore, it has mapped out several offerings to attract and reward its community members, especially the “Holders Before Anyone Else”—a term it uses to describe its day-one members.
These offerings include DeFi resources like tax-free transactions with BIG tokens, liquidity pools, deflationary auto-burn, the Big Eyes Swap store, and cross-chain transfers. Its BIG token will be listed on major exchanges, beginning with Uniswap, for easier access.
As a community-focused cryptocurrency, its members will be involved in many of the platform’s decisions, like voting on the “burn or not to burn” proposal. In turn, they will receive rewards in tokens and NFTs for their active participation.
Another attractive concept of the Big Eyes (BIG) project is its NFTs. Big Eyes plans to use its cuteness to create unique and adorable NFTs. NFT owners will enjoy 5% of the taxes on each NFT sale. NFT holders will also have exclusive access to NFT events and collections on the Big Eyes Coin (BIG) platform.
Furthermore, Big Eyes Coin (BIG) plans to explore the anime/comic community with the cute designs of its cat mascot. This move could propel it to one of the top 10 NFT projects, as intended. In addition, Big Eyes will keep its community fully engaged with saving aquatic lives by donating to various ocean sanctuaries.
The Sandbox
The Sandbox (SAND) is one of the most successful metaverse-gaming platforms. Its decentralized ecosystem allows players to create, own, and tokenize their gaming experiences.
The platform provides GameFi tools, such as Voxel Editor, Game Maker, and Marketplace, to enhance creators’ experience and help them build user-generated content. These contents can be in the form of art galleries and games, among others, which they can monetize as NFTs in The Sandbox marketplace.
Game players and users can utilize the native token, SAND, to purchase in-game items and NFT LANDs and ASSETS on the gaming platform. Users can also stake their SAND tokens on the platform to earn staking rewards. In addition, The SAND token is used to participate in the platform’s governance and vote on proposals.
The Sandbox (SAND) has enjoyed success since its launch. Its success is evidenced by its multiple partnerships with various big names, such as Adidas, Gucci, Ubisoft, and even the famous rapper, Snoop Dogg. Therefore, crypto experts project that it would continue this success trend as interest in the Metaverse keeps growing.
Stellar
Stellar (XLM) is a decentralized payment network that aims to connect the world’s financial entities. These include various payment services, businesses, banks, and individuals in the financial sector.
Therefore, it uses its low-cost, fast network to facilitate seamless near-instant cross-border transactions. Stellar (XLM) also allows users to create and transfer digital representatives of any financial asset, both cryptocurrencies and fiats of different countries.
While Stellar (XLM) functions as a payment currency like Bitcoin (BTC), it uses a different consensus mechanism, the Stellar Consensus Protocol (SCP).
The fuel of the Stellar network is its Lumen (XLM) token. It facilitates all payments on the platform and is secured by the network’s consensus protocol. Users on the Stellar network can buy and sell the Lumen (XLM) on major crypto exchanges like Binance and Coinbase.
Many financial institutions already use the Stellar network. These include Deloitte, IBM, Stripe, and Yahoo Finance, among others. Stellar (XLM) also claims to have up to 30 banks using its network to make transfers. With its varied and unique offerings, Stellar (XLM) hopes to continue its relevance as the world continues to be connected through blockchain technology.
Conclusion
Although predicting the success rate of a cryptocurrency is near impossible, having current and potential investors is a good indicator of success in the crypto market. Some of these indicators are already evidenced in The Sandbox (SAND) and Stellar (XLM).
The new cryptocurrency, Big Eyes Coin (BIG), also has strong indicators of success as a meme coin and an NFT project going by their financial achievement in their presales. Consider joining their presale now.
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Source: https://thecryptobasic.com/2022/09/24/can-big-eyes-coin-replicate-the-success-of-the-sandbox-and-stellar/?utm_source=rss&utm_medium=rss&utm_campaign=can-big-eyes-coin-replicate-the-success-of-the-sandbox-and-stellar