Can Big Eyes Coin Be The Next NFT Sensation And Reach The Peaks Of CryptoPunks?
If you look at the NFT market, a handful of projects really made it into the big leagues. And I’m not talking about numerous copycats who capitalized on the success of previous collections, but rather those who set the tone for NFT to flourish on a grand scale.
I am of course referring to the infamous CryptoPunks collection, which not only paved the way for NFT to become an internet sensation, but also pretty much defined the aesthetic style of what JPEGs should look like. Since their release project from Bored Ape Yacht Club (BAYC) to Pudgy Penguins attempted to recreate the initial magic but fast forward to the present moment, CryptoPunks still reign supreme when it comes to NFT collectibles.
Interestingly, when the NFT market boomed in 2021, it looked like BAYC was going to be CryptoPunks’ successor, but after the hype died down, the OG collectible returned to its rightful place at the top of the chart. In today’s editorial, I welcome you to join me on the quest to see if the upcoming project Big Eyes Coin can become the next Internet sensation after CryptoPunks. Let’s dive in.
CryptoPunks: The Ethereum NFT Sensation
Created by Larva Labs studio, CryptoPunks represent a series of 10,000 images tokenized as NFTs on the Ethereum blockchain. Holding a CryptoPunk NFT means you are the sole owner of a one-of-a-kind pixel avatar, ranging from humans to pirates to aliens. Originally, this collection was released in 2017 for free, when ERC-721, currently a general standard for NFTs, wasn’t even a thing!
The team had 1,000 avatars, while 9,000 CryptoPunks were released to the public. However, this collection was unique because it was the first of its kind randomly generated profile pictures to be clicked with the crypto community.
But the days of NFTs are slowly disappearing and the narrative is gradually changing. The aesthetic style of randomly generated avatars has not resonated with society recently, as such an approach lost its initial appeal after a flurry of copycat projects. Can the industry be saved with fresh new ideas, or is it destined to stagnate? Meet the project to set the competition.
Big Eyes Coin: “Hold The Crown, CryptoPunks’, A New Sheriff Is In Town”
Despite being a new kid on the crypto block, this project has already generated a lot of attention in the crypto community. First, several major influencers on Twitter are talking non-stop about this cute little anime-inspired cat. The last time a new NFT sensation was all over the place was when the BAYC collection dropped. Needless to say, after this collection’s success, the BAYC brand issued an ApeCoin token, partnered with Adidas, and released a metaverse game in one year!
Suppose Big Eyes Coin can replicate BAYC’s success. If so, there’s a good chance we can expect some form of game development and additional tokens to support the already growing Big Eyes ecosystem. At the time of writing, the project had just finished its second phase and entered the final pre-sale round. People who made money from CryptoPunks got them for free, only to resell them at a higher price.
The same logic can be applied to the Big Eyes Coin token BIG, as the more you get during the pre-sale, the more benefits you can get in the future. Namely, with each subsequent sale of Big Eyes Coin unique NFTs, an original owner will receive 4%, which is a very convenient way to earn passive income.
What to make of it
While it is too early to say that Big Eyes Coin can be on par with CryptoPunks, one thing is still clear: it resonated with the crypto community, which is essentially the most critical ingredient for success. On top of that, an eye-catching aesthetic is a definite plus, so the next time you’re surfing the web, check this project out before everyone’s talking about it and it’ll be too late.
For more information on Big Eyes Coin (BIG), please visit the following links:
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