The popular NFT tokens in the crypto market – CryptoMode
The Big Eyes Coin (BIG) presale entered its fifth phase late last week and has already raised nearly $7.34 million so far. The platform has launched its official NFT Club, where crypto users will be able to monetize digital content and trade NFTs on the network. But why NFTs? The simplest reason: NFTs have become popular and its mascot – the cute-eyed cat – wants to raise funds for ocean conservation charities.
Let’s see how Decentraland MANA) and Tezos (XTZ) compare to Big Eyes Coin (BIG).
Decentralized Land (MANA)
Metaverse has proven to be a goldmine for most token projects, as its developers make the most of it to create more features such as games and elaborate NFT centers. Decentraland (MANA) is one such project, as it exists on the Metaverse to entertain its users and give them an opportunity to monetize their assets.
Decentraland users start by acquiring LAND, an Ethereum-based asset that they add to their personal NFTs. Users are open to creating any kind of digital content for display to others in the virtual world. For example, businesses can open virtual stores for advertisements, and art galleries can display their NFTs for sale. Companies such as Samsung and La Liga have acquired virtual spaces where they advertise various goods and services.
MANA is the original token for Decentraland and is based on the Ethereum blockchain. It is used for trading and exchange on the platform and for other administrative purposes. CoinMarketCap is selling MANA for $0.69.
Tezos (XTZ)
Tezos (XTZ) is a unique crypto platform that makes it easier for developers and users to create various DeFi tools and enjoy the benefits of dApps. Many blockchains have restrictions that prevent them from accepting dApps on their networks.
Based on the token’s whitepaper, Tezos (XTZ) is a self-correcting cryptocurrency. That means it constantly upgrades the protocol without causing a hard fork. This functionality is unique to the platform and makes it convenient for developers and users to create DeFi software such as NFTs, exchanges and blockchain games. When these programs are added, the system upgrades its protocol accordingly, making the addition permanent.
Tezos’ NFT Club satisfies collectors and contributors as it charges fewer network fees for minting and collecting NFT assets on the network. The popular assets in the NFT Club are inspired by music, art, comics and Formula 1, as it helps users with such interests to collect their favorite NFTs efficiently.
At the time of writing, Tezos (XTZ) is trading for $1.4 on CoinMarketCap.
Big Eyes Coin
Big Eyes Coin (BIG) developers have launched an NFT club in its third phase. The developers hope to grow the NFT club near BAYC; a likely outcome if society continues to grow at its current rate.
According to its whitepaper, the NFT club will be free for all users to trade on. Even users from other networks will be able to trade and exchange NFTs with those on the Big Eyes platform at no cost.
Also, Big Eyes Coin (BIG) is more than just a cute cat. It is aware of its community and plans to keep them at the forefront of token affairs. The developers emphasized this when they announced that 70% of the tokens would be available for the presale. This puts a large percentage of the token’s supply in the hands of the community, enabling them to influence decisions in the future.
To summarize
Big Eyes Coin will soon end its fifth phase. Investors have shown significant interest in the meme token for the value it creates and for the sustainability factor.
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