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While meme tokens are known for their lighthearted approach to crypto project names and mascots, metaverse tokens have redefined virtual reality and gaming to include cryptocurrency and NFTs. These tokens have their foundation in blockchain technology, creating ecosystems to incentivize a global network of users to engage with a shared virtual world. While they have these in common, they are also exceptional in their separate utilities.
The Sandbox (SAND) and Decentraland (MANA) are metaverse tokens for players and gamers to interact with P2E games, buy land, and more. Big Eyes Coin (BIG) is a token in the DeFi space. The token promotes peer-to-peer financial services, removing the need for bottlenecked third parties and financial institutions. Big Eyes Coin intends to redistribute wealth from these unaccountable structures to individuals.
Additionally, the platform has community at the fore and centre, so it chose a feline-inspired logo as its backdrop. What better way to bring people together and show them the benefits of DeFi, than within a cute cat no one can resist?
What Makes Big Eyes (BIG) Token Special?
Right off the bat, Big Eyes Coin (BIG) introduced their token, BIG, as an instrument for aquatic preservation. Through its charity wallet and policy of 5% total token donation, Big Eyes Coin intends to join hands with other eco-conscious bodies to better the environment. Unlike crypto projects consuming excessive energy, the platform intends to give back through charitable avenues.
Big Eyes Coin (BIG) is built on the Ethereum blockchain network. This gives users and developers access to scalability, high performance, security, and smart contract functionality. Understanding the problems of congestion and high fees on the Ethereum blockchain, Big Eyes Coin has a dynamic tax system that allows users to carry out transactional activities without paying taxes or fees. It makes it a suitable alternative to Ethereum for buyers and smaller developers.
Additionally, Big Eyes Coin is targeting NFT, a lucrative venture that generated over $17.6 billion last year in sales with more than a “200-fold year-on-year increase.” Reports show that the amount locked in DeFi has increased from $700 million in 2020 to over $15 billion. With the launch of the Big Eyes Coin ocean-themed NFT collection and its stance in DeFi, the token has a high potential to shoot through the roof in the coming months.
Why Is Big Eyes Coin Token A Top Choice?
Big Eyes Coin offers token decentralisation in finance. It gives individuals sole control over funds and how these funds are being used. It puts transparency and security at the helm of affairs, making cryptocurrency more available to users.
Big Eyes Coin presents a fresh perspective on community building. 90% of BIG tokens will be given to users- meaning that members get to decide on the platform’s policies. Users in the community are rewarded with BIG tokens and NFTs when they participate in contests, promote the project, and stake their tokens.
Big Eyes Coin Plans For The Future
The key to knowing a crypto project’s worth resides in its roadmap, as Big Eyes Coin has not failed to make it public on its official website. The first stage, Crouch- is ongoing with presales and an already concluded audit with Coinsniper.
The second stage is Leap- which details the Big Eyes Coin Swap launch and verification on social media. The third stage, Run- will feature the release of the Big Eyes Coin NFT collection, charity donations, and more.
Fourth stage; Catwalk- Big Eyes Coin plans for broader adoption and better user opportunities. Big Eyes Coin merch will be available for community members along with plans for future collaboration with other DeFi giants. Additionally, Big Eyes Coin plans to build a blockchain ecosystem that self-propagates will put it ahead of its competitors within the meme crypto space and beyond.
Decentraland and The Metaverse
Decentraland (MANA) is a 3D platform on the Ethereum blockchain that enables users to share a virtual world. Users can buy and sell digital plots of land, play games, exchange in-game items, and interact with one another. Decentraland was launched in 2020 and backed by the Decentraland foundation. Virtual land on the platform- LAND can be bought using the native token, MANA.
At the same time, LAND is a non-fungible token (NFT) that can be traded or sold on the marketplace.
Decentraland operates as a DAO, focusing on community governance to determine the platform’s growth. Users can contribute their quota, determine the operational structure, and vote on development strategies.
How Does Decentraland Work?
Parcels of LAND on Decentraland (MANA) have unique coordinates. The coordinates include the ownership and description file of each virtual lot.
Outside the gaming arena, the Decentraland (MANA) has set up a space where designers can build scenes, create wearables and sell/lend them to players.
Asides from engaging with play-to-earn games on the virtual platform, players can buy LAND and wait until the price is high enough and sell to get profit.
Build Your Imagination With The Sandbox (SAND)
The Sandbox (SAND) is a virtual world where players can build, monetize and own their gaming experience and assets. The platform is built on the Ethereum blockchain and uses SAND as its utility token. Using blockchain technology and NFTs, The Sandbox empowers players and creators to benefit from actual ownership and profitability. The native token and other elements on the platform can be transferred to other games and turned into monetization instruments.
Like many virtual worlds, The Sandbox uses more than one token. Players can spend SAND to play games or upgrade avatars. SAND is also used for governance and staking, which produces passive income. LANDS are blockchain-backed virtual tokens representing physical parcels. ASSETS are game items that can be sold or traded.
Where To Buy The Sandbox (SAND) Token
The Sandbox (SAND) is listed on Binance, Kraken, and Crypto.com, among many other exchanges. Players can purchase the token using cryptocurrencies acceptable on exchanges and permissible wallets.
Conclusion
What do the tokens mentioned above have in common? They all have ways of engaging users and have recorded tremendous success. Take Big Eyes (BIG), and the milestone of over $1 million in ongoing pre-sales.
Big Eyes (BIG) might be new, but it has open doors and limited offers for crypto enthusiasts to join a community where DeFi and NFT opportunities are available in abundance. Of course, it is essential to conduct adequate research and study the market to ensure you understand the risks associated with purchasing any cryptocurrency.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/08/30/metaverse-meme-tokens-big-eyes/