New Meme Coin Sensation Big Eyes to Overwhelm NFT-Based Projects Like Decentraland and PancakeSwap with NFT Club Launch
NFTs have become essential for many protocols, as most coin projects now have options to promote NFT trading on their platform. Here we have a new meme coin Big Eyes (BIG), which wants to overthrow the big guns in the NFT trading sector, especially Decentraland (MANA) and PancakeSwap (CAKE). The token will rely on its massive community support and superior NFT plans to overwhelm such prominent projects. Read on to learn more about the project and its current status.
Decentraland (MANA): A metaverse stable
Decentraland (MANA) is an important figure in the NFT and Metaverse sectors, where users largely use NFTs in the various blockchain services the platform offers.
Decentraland (MANA) is based on the Ethereum blockchain, which uses the extensive applications and tools on the network to provide high-quality services to its users. The token, MANA, is an ERC-20 token used to pay for gas fees and stakes on the Decentraland platform (MANA) to improve security.
Users start their journey to Decentraland (MANA) by acquiring LAND tokens, ERC tokens that represent the space allocated to each user. Users then add NFTs to the LAND token and build on it as they wish. The other NFTs can be obtained from Decentraland or other sources.
Decentraland (MANA) has games to make money, exchange platforms and an active NFT marketplace where users can tokenize their experience on that platform. As mentioned earlier, MANA operates the platform, and it sells for $0.5117, according to CoinMarketCap.
PancakeSwap (CAKE): Real-time trading on the go
PancakeSwap (CAKE) launched as a crypto exchange platform to enable users on the Binance Smart Chain to exchange tokens in real-time while trading on the go. The platform also combines the exchange services with other functions, such as offering NFTs for the community.
PancakeSwap (CAKE) is an automated market maker, indicating that it sets its trading prices according to built-in algorithms that observe market forces. The platform offers decentralized trading to its users at very low prices, mainly because it is based on the Binance network.
Tokens traded on PancakeSwap (CAKE) are the BEP-20 standard, which is the original standard of the Binance Smart Chain. Users get rewards for contributing their BEP-20 tokens to the liquidity pool, which is one of the ways they earn on the PancakeSwap (CAKE) platform.
In addition to trading and exchange, PancakeSwap (CAKE) allows users to create NFTs on the platform after creating a profile. There are also NFTs available for winners of weekly trading games and contests.
CAKE is the platform’s native token and is used to stake and vote on decisions on the network. It is selling for $4.31 on CoinGecko.
Big Eyes (BIG): The New Cat on the Block
Big Eyes (BIG) is the latest coin project to hit the cryptocurrency market, and it already looks set to take over as the most prominent token in both the meme coin and NFT sectors. Its presale event earned nearly $10 million in two months, showing the token’s popularity among crypto users.
Sushi Crew is Big Eye’s (BIG) highly anticipated NFT marketplace and will soon be available for user access. The club will offer ready-made NFTs for sale to members of the platform at launch, and it will also give users an opportunity to create their own collections for sale on the platform. Big Eyes (BIG) also announced that the platform would be free for all users, as they plan to eliminate the high gas fees charged by the Ethereum network.
Big Eyes (BIG) also plans noble engagements such as donations to charities around the world, especially those involved in marine life conservation projects. The token is concerned about the fish population and intends to contribute to efforts to preserve marine ecosystems globally. The funds for such donations will come from a wallet created specifically for this purpose. According to the whitepaper, the wallet has 10% of its token supply, which is specific to charity.
Big Eyes (BIG) is a well-rounded and versatile project, with particular appeal due to its meme coin status. The developers plan to launch a DEX soon to make it available for decentralized trading.
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