The recent bitcoin boom has contributed to the continuous growth of the community surrounding digital currencies. To the surprise of many financial professionals, cryptocurrencies have continued to rise in value since its introduction in the later part of 2008. Since its launch in 2009, Bitcoin, the pioneer of the cryptocurrency revolution, has influenced countless innovations in the field. These modern Coin are often referred to as altcoins, just like meme coins.
Ethereum, in contrast to Bitcoin, which is primarily used as a medium of exchange, has made a name for itself among developers through the development of decentralised applications and by developing the idea of blockchain smart contracts, which provides it an advantage over Bitcoin. Cardano may be extremely safe and energy-efficient by utilising its proof-of-stake mechanism and its two-layer structure. The anticipation for Significant Eyes Coin (BIG) is through the roof due to its distinct point of view and course of action, which includes big plans like protecting the oceans through its charity fund.
What You Need to Know About Ethereum (ETH)
Decentralized financial cryptocurrency Ethereum (ETH) gives dApp (decentralised application) developers the ability to create smart contracts. Ethereum uses the proof-of-work (PoW) consensus process to power its blockchain, which is a system in which computers are used to solve puzzles needed to build blocks for blockchain. After moving to Ethereum 2.0, they intend to eventually convert to the proof-of-stake paradigm. Any user with a minimum holding of 32 ETH is given the option to lock those money in a contract in a proof-of-stake system, which would then offer the user incentives for completing the calculations necessary to add new blocks to the blockchain.
What Percentage of Ethereum (ETH) Tokens are Currently in Use?
As of September 2021, there were around 117.5 million ETH tokens in circulation, of which 72 million were included in the genesis block (the first block ever to be added to the Ethereum network). In a crowd sale in 2014, the project’s initial backers received 60 million of these 72 million, while the remaining 12 million went to the development fund.
The remainder was distributed as block rewards to Ethereum network miners. The reward per block was initially set at 5 ETH in 2015; this fell to 3 ETH in late 2017 and then 2 ETH in early 2019. An Ethereum blockchain takes 12 to 15 seconds to mine on average.
Regarding the cryptocurrency Cardano (ADA)
Cardano, founded by Charles Hoskinson, a co-creator of Ethereum, differs from other competing blockchain systems by using a special structure with a dual-layer approach.
While its second tier, the computational layer (CCL), acts as the foundation of Cardano’s functionality, the first layer, also known as its settlement layer (CSL), allows holders of the Cardano (ADA) token the capability to send and receive transactions instantly and for extremely low fees.
Cardano, which uses the proof-of-stake (PoS) method, offers a higher level of security than the proof-of-work process while using only a small amount of extra energy.
Peer-to-peer transactions can be carried out worldwide using its native currency, ADA.
Cardano (ADA) Token Distribution and Market Circulation
The corporation IOHK (Input output) received a total of 2.5 billion Cardano (ADA) tokens once the network was operational. A further 2.1 billion Cardano ADA tokens were given to Emurgo, a global blockchain technology company that was one of the Cardano protocol’s founding members. The non-profit Cardano Foundation, whose objective is to promote the platform and increase usage, also received 648 million Cardano (ADA) tokens.
A total of 16% of the ADA supply was distributed to the initiative’s founders, with the remaining 84% going to investors.
Cardano’s (ADA) 24-hour trading volume was $721,085,504 as of the end of August 2022. The current Comarkets ranking, with a live market cap of $15,512,432,987, is #8. There are currently 33,739,028,516 Cardano (ADA) coins in use, with a total supply of 45,000,000,000 coins.
Justifications for Purchasing Big Eyes Coin (BIG)
Big Eyes Coin (BIG), a brand-new and adorable meme coin, aspires to add value to the decentralized finance (DeFi) ecosystem. The Big Eyes platform aims to be community-driven and to raise money for a nonprofit fund that will be used to restore several oceans to their previous splendor.
Given that Decentralized Finance (Defi) and NFTs (Non-Fungible Tokens) are still in their infancy, Big Eyes was created to leverage them effectively. The platform’s methodology was created to enable the development and evolution of an ecosystem using Ethereum blockchain technology. Additionally, it enables users and buyers of its Big Eyes (BIG) token to get content and services through the usage of trustworthy non-fungible tokens and enjoy access to exclusive events.
As a result, the token may become more popular and more marketable, attracting more users and buyers to its community.
Big Eyes Coin (BIG) was created in Washington, DC, a city known for its excellent achievements. 90% of the Big Eyes (BIG) tokens will be made accessible for use by users and purchasers when the ticket is launched. When these Big Eyes Coin (BIG) tokens are utilised for transactional activity on the network, no fees or taxes will be imposed, making it a great platform for individuals who transact on it. This distinguishes it from other cryptocurrencies like Ethereum and Cardano, which charge fees for transactional services.
The Big Eyes project team’s tax scheme will priorities token buyers when it comes to fee flexibility. A vote on whether or not to burn the proceeds from the steady NFT collection sales will also be required. Big Eyes (BIG) tokens that are not burned will serve as an additional type of reward for users and purchasers of the tokens. As a result, the functions and offerings of the Big Eyes platforms stand to benefit users and clients of the community by showing a sincere appreciation for their participation and activity.
Once different sectors have been established, the network wants to contend for a top 10 position in the NFT market. The creative hub for the NFT events and competitions is being developed by the NFT Sushi team. Additionally, Big Eyes merch will be sold in both digital and physical formats to promote the use of BIG tokens as well as to raise money for the oceans and marine life. The network’s visibility will increase as more people wear distinctive clothing around the world.
“Purr-fect” by Big Eyes Coin (BIG) Telenomics
200,000,000,000 tokens have been produced and are now offered for sale and purchase without any taxes attached. The ticker for the ticket is BIG. 70% of the tokens will be put up for public presale. 20% of the tokens will be utilised for exchanges. A marketing wallet, which will be handled by the team and remain there even if the token’s performance on the bitcoin market improves, will receive 5% of the tokens. 5% of the tokens will be kept by the charity. These tokens will be made accessible to the general public in order to highlight the platform’s transparency
For its reward scheme, 10% of the tax NFTs will be distributed as follows. The initial seller of the NFT will receive 4%. The NFT owners will get 5% of the proceeds.
One percent of sales will be donated to charity in order to protect the ocean.
How to Buy Tokens of Big Eyes Coin (BIG)
After agreeing to purchase Big Eyes Coin (BIG), the following actions need to be taken:
Step 1: Install a meta mask wallet on your computer’s browser or download a trust wallet app on your smartphone.
Step 2: Type the following URL into the wallet browser: https://buy.bigeyes.space. The form that will be opened needs your exact information to be entered. Select the payment token and enter the necessary Big Eyes Coin (BIG) tokens before submitting.
Step 3: The Big Eyes (BIG) tokens will be transferred to your wallet following the conclusion of the presale.
Do Big Eyes Coin (BIG) Tax Deductions Apply?
It’s crucial to understand that taxes are not deducted from the Big Eyes Coin (BIG) token.
This cryptocurrency puts the needs of its community first and believes that value should originate from the project, not the tax. Without removing taxes from user incentives, the network seeks to be efficient and organic. Users will have access to auto-burn capabilities, a marketing wallet, and LP Acquisition through the created dynamic tax structure, significantly extending the project’s existence. As a result, users can take advantage of tax-free transactions on the website.
The personal goals of Ethereum and Cardano do not come close to matching the expansive goals Big Eyes has for not only its community but also the entire planet. The best ideas are those that are not self-serving but instead benefit thousands, if not millions of people, and Big Eyes’ intention to contribute to the preservation of the oceans by way of its planned donation is a cause that is truly extraordinary.
Disclaimer: The information in this piece is strictly the author’s opinion, does not constitute investment advice, and is only being made available for informational reasons. By doing so, you acknowledge that the information is not intended to serve as investment advice or financial guidance. Before making any investing decisions, be sure to do your own research and consult with financial professionals.
