In the area and space of technological advancements, cryptocurrencies and blockchain technology have been constantly in the mouths of enthusiasts about the surrounding topic. It has branched off to find usage in many areas and sectors, such as finance, transportation, education, and charity, to give users a full view of the versatility that it brings to the table of innovations and technology. These use cases are prospects and determinants in ensuring this innovation stay and retains its value.
With so many cryptocurrencies being created, the focus will be placed on Cosmos (ATOM), Unus Seed Leo (LEO), and Big Eyes Coin (BIG) to show what they can offer to users in their adoption.
Cosmos (ATOM) Allows Users to Enjoy Various Blockchains on Its Network
The Cosmos (ATOM) cryptocurrency is a system or network that is comprised of other blockchain networks acting independently and functioning in operation with one another. The Cosmos (ATOM) token comes with a mechanism that best unites the various blockchains on its network to best serve users with decentralized transactions and services. With open-source tools, the variety of blockchain networks on the Cosmos platform can process the order’s transactions and tender usage in rewards and other areas.
When users stake Cosmos (ATOM) tokens, they get incentives and rewards calculated and distributed according to factors comprising the period for which it was staked, the number of tokens staked, and so on. These holders of Cosmos (ATOM) tokens are also given rights to validate transaction blocks and participate in governance but are hindered by their limited security.
Security Issues Plague Unus Sed Leo (LEO)
The Bitfinex exchange is the platform for which the Unus Sed Leo (LEO) token has been built. This utility token enables users to get affordable transaction fees and provides enhanced security and protection of users’ assets on Bitfinex and other exchanges related to iFinex. Its total supply is situated at 1,000,000,000, but it operates on two separate blockchains. With 64% of these tokens being operated on the Ethereum blockchain and 36% on the EOS blockchain, Unus Sed Leo (LEO) is becoming more useful in various areas tending to transactions and the like.
More is expected of Unus Sed Leo (LEO) with the vastness of technology. Still, there comes the hindrance of its security needing to be more to resist price manipulation by hackers and other malicious threats. With challenges faced by Bitfinex in 2018, Unus Sed Leo (LEO) was created as a fund to help cover the deficit of the exchange at the time. It ensured transparency through the burning of these tokens to limit supply and increase value on the market.
Big Eyes Coin (BIG) Proffers Solutions Regarding Security And Rewards
Big Eyes Coin (BIG) is a meme coin that takes upon itself the responsibility of providing vast entertainment and good functionalities and uses cases for the users on its platform. It combines blockchain technology and its ever-ready crypto community to shift wealth and monetary value into the Decentralized Finance (DeFi) space, thus hinting at its dedication to the finance sector. With the Big Eyes swap mechanism, users can swap their Big Eyes (BIG) tokens with other cryptocurrencies on the platform and get rewards at no transactional fees for their activity.
The ever-ready community is the most important aspect of the Big Eyes Coin’s (BIG) success on the market. More opportunities have been opened, with a major part of the token reserved for them. Also, these community members are given the right to vote on important matters which concern the Big Eyes platform. They can also receive rewards when they hold their Big Eyes (BIG) tokens.
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Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin