Big Eyes (BIG) is one of the numerous crypto projects that operate on Ethereum (ETH). It uses the well-developed infrastructure of this blockchain to create a fully decentralized system managed by its community members.
Several crypto blockchains have been introduced in the crypto space that aims to compete with Ethereum (ETH). Cosmos (ATOM) is an Ethereum killer blockchain that facilitates interoperability within the crypto space.
Kava (KAVA) is one of the numerous crypto projects built on the Cosmos (ATOM). The Kava (KAVA) Project focuses on cross-chain DeFi lending. This article will highlight the utilities within the Big Eyes (BIG) crypto project. We will review the features of the Ethereum (ETH) and Kava (KAVA) crypto projects.
The Ethereum (ETH) crypto project
Ethereum (ETH) is the second largest crypto project in the coin market. It is a proof-of-work blockchain managed using smart contracts. Ethereum (ETH) provides an opportunity for crypto assets to be made and managed using its blockchain infrastructure.
In recent months, however, the innovators of the Ethereum (ETH) blockchain have intended to migrate the operations of the blockchain to a proof-of-stake protocol. This merger is expected to improve the blockchain’s processes and attract more users.
Will the migration be successful? How will it affect crypto projects hosted on the Ethereum blockchain? We can only wait and see.
The Ethereum (ETH) blockchain issues Ether, its native cryptocurrency. Ether is a cryptocurrency that all Ethereum users must have to interact with the Ethereum (ETH) blockchain. Gas fees within the Ethereum (ETH) blockchain are paid using Ether tokens.
The Kava (KAVA) crypto project
As mentioned in the introductory paragraphs, Kava (KAVA) is a Cosmos (ATOM) based crypto project that facilitates DeFi lending across different crypto networks.
Kava (KAVA) began its operations in June 2020 as a Smart contracts-enabled crypto project. Kava (KAVA) smart contracts enable users to receive overcollateralized crypto loans for the Kava ecosystem.
The Kava (KAVA) decentralized lending protocol has a native cryptocurrency that it uses as a reward cryptocurrency within its ecosystem. Kava (KAVA) tokens have a finite supply of 100 million KAVA.
In addition to being a reward token, the Kava (KAVA) crypto asset gives its holders governance rights. Thus, all Kava (KAVA) token holders can vote on policies and rules within the Kava (KAVA) ecosystem.
The Kava (KAVA) crypto project currently accepts XRP, BNB, BTC, and other supported crypto assets as collateral. Its users can decide to add more tokens to the list of acceptable cryptocurrencies for collateral.
The Big Eyes (BIG) crypto project
Big Eyes (BIG) is a crypto project newly introduced on the Ethereum (ETH) blockchain. It is a meme-inspired crypto project that offers next-generation services to its users.
The Big Eyes (BIG) crypto project intends to become a widely used DeFi platform. Big Eyes (BIG) emphasizes members of its crypto community as a meme-inspired crypto project.
Members of the Big Eyes (BIG) crypto project will be helped to grow their token holdings. Part of the transaction fees within the Big Eyes (BIG) crypto project will be distributed among all Big Eyes (BIG) token holders.
The Big Eyes (BIG) cryptocurrency is an ERC-20 token issued within the Big Eyes (BIG) ecosystem. It has a hard cap of 200,000,000,000 BIG. It is a deflationary cryptocurrency with an auto burn protocol.
This auto burn feature ensures that part of the Big Eyes (BIG) token in circulation is destroyed periodically. This induces scarcity and causes the price of BIG tokens to rise.
Unique features of The Big Eyes (BIG) crypto project
Big Eyes (BIG) users can exchange their tokens for NFTs. Artists can showcase their designs on the Big Eyes (BIG) ecosystem NFT marketplace. These creators will enjoy royalties from their work anytime the NFT is sold.
The Big Eyes (BIG) crypto project is in its presale stage. Participating in this presale gives exclusive access to enjoy features within the Big Eyes (BIG) ecosystem.
Despite the tension around the Ethereum (ETH) blockchain, the Big Eyes (BIG) crypto projects will thrive. Its ongoing presale is the best time to purchase tokens. Read more about the Big Eyes (BIG) crypto project and participate in the ongoing presale using the links below.
Big Eyes (BIG):
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
Source: https://en.cryptonomist.ch/2022/08/31/big-eyes-offer-next-generation-utilities/